MEXICO CITY (Reuters) – Automakers Stellantis and a Mexican unit of Daimler Truck have reached deals with one of Mexico’s biggest unions to raise wages this year around 9%, labor authoriti[...]
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March 21, 2023
Shares jump but investor fears about bank ‘whack-a-mole’ linger
By Koh Gui Qing NEW YORK (Reuters) -Global shares leapt on Tuesday after the rescue of Credit Suisse stemmed a rout in equities and whetted risk appetite, although financial system uncertainties limit[...]
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Departing Intel exec to focus on loosening Nvidia’s grip on AI for movies, games
By Stephen Nellis (Reuters) -Raja Koduri, the chief architect at Intel Corp, is leaving to start a company that aims to loosen longtime rival Nvidia Corp’s grip on the digital movie and video ga[...]
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Google suspends China’s Pinduoduo app on security concerns
(Reuters) -Alphabet Inc’s Google suspended the Play version of PDD Holdings Inc’s Pinduoduo app for security concerns, after malware issues were found on versions of the Chinese e-commerce[...]
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Demand for transatlantic flights soars as Americans can’t get enough of Europe
By Rajesh Kumar Singh, Doyinsola Oladipo and Joanna Plucinska (Reuters) – New Yorker Elizabeth Palumbi’s list of European cities to visit this spring keeps getting longer, and she is not a[...]
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US Supreme Court weighs foreign reach of federal trademark law
By Blake Brittain (Reuters) – The U.S. Supreme Court on Tuesday questioned the international limits of federal trademark law, hearing oral arguments from two industrial parts makers and the Bide[...]
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Qualcomm must face shareholder class action over sales practices
By Jody Godoy (Reuters) – A federal judge has ruled that shareholders suing chip maker Qualcomm Inc for allegedly hiding anticompetitive sales and licensing practices may bring their claims as a[...]
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TXS climbs to one-week high as energy, financials rally
By Fergal Smith (Reuters) -Canada’s benchmark stock index rose on Tuesday to its highest closing level in one week, helped by gains in energy and financial shares after domestic data showed cons[...]
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Yellen vows to safeguard deposits at smaller U.S. banks, intervene if needed
By David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen told bankers on Tuesday that she is prepared to intervene to protect depositors in smaller U.S. banks suffering deposit runs[...]
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