By David Shepardson WASHINGTON (Reuters) – A key SpaceX Starship Super Heavy rocket launch test now is likely to take place later this month rather than sometime this week, the space company[...]
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April 10, 2023
In Fox-Dominion defamation trial, jury to weigh executives’ role
By Helen Coster and Jack Queen (Reuters) – One of the most closely watched U.S. defamation cases in decades is set to begin on Thursday as a Delaware court picks a jury to decide whether Fox New[...]
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Pioneer Natural jumps on report of buyout talks with Exxon
(Reuters) – Pioneer Natural Resources Co’s shares rose as much as 8.5% on Monday following a report that Exxon Mobil Corp held preliminary talks with the U.S. shale oil producer about a po[...]
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Teck Resources pushes for restructuring, repeats rejection of unsolicited Glencore bid
By Clara Denina and Mrinalika Roy (Reuters) -Canada’s Teck Resources on Monday reinforced its rejection of an unsolicited $22.5 billion bid from Glencore, saying the implied value was “an[...]
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No escape from the zero lower bound for top central banks – IMF
By Howard Schneider WASHINGTON (Reuters) – Interest rates eventually should fall back to levels seen before the outbreak of COVID-19, with advanced economies again within sight of the “zer[...]
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Analysis-Gloomy U.S. bank sector could yield payoff for contrarian options bets
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Weeks after a banking crisis pummeled financial stocks, some options strategists say the heightened pessimism in the sector presents an attractive oppor[...]
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China’s BYD bets on self-developed chassis suspension system
SHANGHAI (Reuters) – China’s BYD launched on Monday a new chassis suspension system as the electric vehicle maker ramps up efforts to move upmarket with premium products. The system, BYD D[...]
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NY Fed survey finds Americans more downbeat on credit access
By Michael S. Derby NEW YORK (Reuters) – Americans said last month that access to credit was at its toughest level in nearly a decade, as they also braced for higher levels of inflation over the[...]
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Global PC shipments slide in Q1 as Apple takes biggest hit
(Reuters) -Global shipments of personal computers slumped by nearly a third in the first quarter of 2023, with Apple Inc dropping the most among the market heavyweights as the industry struggles with[...]
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