By Valerie Insinna NEW YORK (Reuters) -Boeing Co will increase 737 MAX production rates above the current rate of 31 jets per month “very soon,” the head of its commercial airplanes busine[...]
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March 30, 2023
Exclusive-Massachusetts regulator probes First Republic insiders’ stock sales
NEW YORK(Reuters) – Massachusetts regulators have opened an investigation into sales of company stock by top executives at First Republic Bank in the weeks leading up to the recent banking turmo[...]
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Apple wins U.S. appeal over patents in $502 million VirnetX verdict
By Blake Brittain (Reuters) -Apple Inc persuaded a U.S. appeals court on Thursday to uphold a patent tribunal’s ruling that could imperil a $502 million verdict for patent licensing company Virn[...]
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RBNZ to downshift to 25 bps increase in April as tightening nears an end- Reuters Poll
By Devayani Sathyan BENGALURU (Reuters) – The Reserve Bank of New Zealand will scale back its tightening pace to a quarter-point rate hike on Wednesday as inflation runs hot even as the economy[...]
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Bipartisan US lawmakers introduce bill aimed at Google, Facebook ad clout
WASHINGTON (Reuters) – A bipartisan group of U.S. senators introduced a bill on Thursday aimed at cutting Google and Facebook’s clout in online advertising, an early sign that lawmakers wi[...]
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Bank of Mexico hikes key interest rate to 11.25%, takes dovish tone on future moves
MEXICO CITY (Reuters) -The Bank of Mexico’s five-member governing board unanimously voted to hike the benchmark interest rate by 25 basis points to 11.25% on Thursday, moderating the pace of its[...]
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Exclusive-Canada’s ATCO gives Mexico troubled pipeline after damage award -sources
By Dave Graham MEXICO CITY (Reuters) -Canada’s ATCO Ltd has agreed to transfer ownership to Mexico of an unfinished pipeline bogged down in a dispute with the Mexican state power company, two of[...]
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White House to midsized banks: boost liquidity, capital, testing
WASHINGTON (Reuters) – The White House on Thursday issued a plan officials say would substantially reduce the risk of another crisis in the banking industry, after U.S. banks failed and a Swiss[...]
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Dollar weakens as inflation data lifts euro
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar fell to a 1-week low against the euro on Thursday as German inflation data helped lift the common currency and as concerns over the banking sec[...]
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