By Helen Reid BARCELONA (Reuters) – Amazon plans to open new warehouses and hire more people in Europe, an executive said on Tuesday, even as squeezed consumer spending forces the tech giant to[...]
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May 9, 2023
Indicted FTX founder Bankman-Fried urges court to toss charges
By Luc Cohen NEW YORK (Reuters) -Sam Bankman-Fried, who has long denied stealing from customers of his FTX cryptocurrency exchange, on Monday said prosecutors charged him with “troubling”[...]
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Carrefour eyes store expansion in Israel
(Corrects typo in stock symbol in first paragraph) PARIS (Reuters) – French retailer Carrefour on Tuesday said it plans to open about 100 more stores in Israel between now and the end of 2024, h[...]
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Sri Lanka requests debt treatment in first bilateral committee meeting
(Reuters) – Sri Lankan authorities formally presented on Tuesday a request for debt treatment in the first meeting of the official bilateral creditors committee, the Paris Club said in a stateme[...]
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Nikola to pause production, cut costs after quarterly loss
(Reuters) – Nikola Corp on Tuesday reported a bigger quarterly loss and said it would pause production to streamline the assembly line at its Coolidge, Arizona, factory amid sluggish demand for[...]
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Airbus Jan-April deliveries fall 5%, regains lead over Boeing
PARIS (Reuters) – Airbus delivered 54 airplanes in April, bringing its total for the year to 181, down 5% from the same period a year ago but enough to re-establish an industrial lead over U.S.[...]
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Fox tops profit expectations as CEO affirms programming strategy after Tucker Carlson dismissal
By Helen Coster and Yuvraj Malik (Reuters) – Broadcaster Fox Corp beat estimates for third-quarter revenue and adjusted profit on Tuesday, as Chief Executive Lachlan Murdoch affirmed the company[...]
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Boeing deliveries fall by half in April due to 737 MAX bracket defect
WASHINGTON (Reuters) – Boeing Co deliveries fell to 26 airplanes in April, less than half of the previous month’s total, after a manufacturing defect forced the company to halt some shipme[...]
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Novavax forecasts higher-than-expected revenue; shares surge
By Bhanvi Satija and Michael Erman (Reuters) -COVID-19 vaccine maker Novavax Inc on Tuesday forecast much higher 2023 revenue than Wall Street expected and announced plans to cut a quarter of its work[...]
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