By Jörn Poltz MUNICH (Reuters) – Former Audi boss Rupert Stadler is ready to make a confession about his role in the diesel emissions scandal in exchange for a suspended sentence and a payment o[...]
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May 3, 2023
India’s Go First touts owner, govt backing after bankruptcy filing
By Tanvi Mehta, Dhanya Skariachan and Chris Thomas BENGALURU (Reuters) – The owner of Go Airlines (India) has no plans to exit the budget carrier after engine troubles forced it into bankruptcy,[...]
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Lottomatica slips after Europe’s biggest IPO of 2023 so far
By Pablo Mayo Cerqueiro LONDON (Reuters) -Shares in Italian gambling firm Lottomatica fell on their first day of trading on the Milan stock exchange on Wednesday, following Europe’s largest init[...]
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Exelon beats profit estimates on customer additions, higher prices
(Reuters) – Exelon Corp beat first-quarter profit estimates on Wednesday, as the U.S. electric and gas utility company benefited from customer additions and higher prices. The company’s ad[...]
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Airbnb to allow guests to pay in four parts, brings in more price transparency
By Doyinsola Oladipo NEW YORK (Reuters) – Airbnb Inc will allow guests to break their payments into installments and see the nightly price inclusive of fees while browsing as the company expects[...]
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U.S. regional bank stocks volatile as investors eye Fed meet – Quotes
(Reuters) – Shares of major U.S. regional banks were volatile on Wednesday, after two straight sessions of declines following the collapse of the third U.S. lender and investors looked ahead to[...]
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Garmin tops quarterly revenue estimates on growth in aviation, marine units
(Reuters) – Smartwatch and navigation equipment maker Garmin Ltd topped first-quarter revenue estimates on Wednesday, boosted by strong growth in its businesses catering to the aviation and mari[...]
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Emerson Electric raises fiscal 2023 outlook on strong demand
(Reuters) – U.S. engineering and industrial software firm Emerson Electric Co on Wednesday raised its fiscal 2023 outlook and reported better-than-expected quarterly earnings, on the back of str[...]
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Freeport Indonesia must divest additional 10% stake to govt – minister
By Fransiska Nangoy and Stefanno Sulaiman JAKARTA (Reuters) – Indonesia’s investment minister said on Wednesday that copper miner Freeport Indonesia must agree to sell an additional 10% st[...]
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