LONDON (Reuters) – The record number of developing nations at risk of a debt crisis will be high on the agenda next week when central bankers, finance ministers and political leaders convene for[...]
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April 5, 2023
U.S. service sector slows in March; inflation cooling – ISM survey
WASHINGTON (Reuters) – The U.S. services sector slowed more than expected in March as demand cooled, while a measure of prices paid by services businesses fell to the lowest in nearly three year[...]
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Exxon quits drilling in Brazil after failing to find oil – WSJ
(Reuters) -Exxon Mobil Corp has ended a major campaign to find oil in Brazil, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Exxon said in an e-mail to Reuters[...]
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IMF warns geopolitical fragmentation could raise financial stability risks
By David Lawder WASHINGTON (Reuters) – Rising geopolitical tensions and the resulting fragmentation of the global economy could increase financial stability risks, reducing cross-border investme[...]
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Apple says more suppliers committing to renewable energy
By Stephen Nellis (Reuters) – Apple Inc on Wednesday said that more of its supply chain is committing to use renewable energy in producing the company’s iPhones, Macs and other products. A[...]
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U.S. trade deficit widens in February as goods exports fall
WASHINGTON (Reuters) – The U.S. trade deficit widened more than expected in February as exports of goods declined, suggesting that trade could drag on economic growth in the first quarter. The t[...]
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In listening mode, new Bayer CEO keeps ‘open mind’ on company split
By Tom Käckenhoff, Patricia Weiss and Matthias Williams LEVERKUSEN, Germany (Reuters) – Incoming Bayer chief executive Bill Anderson says he is keeping an open mind on whether to break up the co[...]
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Elon Musk and others urge AI pause, citing ‘risks to society’
(This March 29 story has been corrected to to show that the Musk Foundation is a major, not the primary donor to FLI, in paragraph 4) By Jyoti Narayan, Krystal Hu, Martin Coulter and Supantha Mukherje[...]
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WTO sees “subpar” 2023 trade growth with multiple risks
GENEVA (Reuters) – The World Trade Organization raised its forecast for global trade growth this year, but still predicted a slowdown and warned of risks from the Ukraine war, geopolitical tensi[...]
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