WASHINGTON (Reuters) – President Joe Biden may sign the bill lifting the U.S. debt ceiling as soon as Saturday, according to the White House. Spokesperson Karine Jean-Pierre said on Friday the s[...]
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June 2, 2023
US Treasury official meets with China’s new ambassador in Washington
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Undersecretary Jay Shambaugh met on Friday with China’s new ambassador to the United States, Xie Feng, holding a discussion aimed at ma[...]
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Wall Street ends up on jobs data, debt default averted
By Herbert Lash and Shreyashi Sanyal (Reuters) -U.S. stocks closed higher on Friday after a labor market report showing moderating wage growth in May indicated the Federal Reserve may skip a rate hike[...]
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OPEC denies media access to Reuters, Bloomberg, WSJ for weekend policy meets
VIENNA (Reuters) – OPEC has denied media access to reporters from Reuters, Bloomberg and the Wall Street Journal to report on oil policy meetings in Vienna this weekend, reporters, Bloomberg and[...]
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US drugmaker Indivior to pay $102.5 million to settle Suboxone monopoly claims
By Jonathan Stempel and Mariam Sunny (Reuters) -Indivior Plc said on Friday it agreed to pay $102.5 million to settle a lawsuit by dozens of U.S. states accusing it of illegally suppressing generic co[...]
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OPEC+ discussing deepening oil production cuts, sources say
By Maha El Dahan, Alex Lawler and Ahmad Ghaddar VIENNA (Reuters) -OPEC and its allies are discussing deepening oil production cuts, possibly by as much as 1 million barrels per day, three sources told[...]
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CDS panel asked whether payment failure occurred for Casino
(Reuters) – An investor has asked a panel that rules on credit default swaps (CDS) whether a “failure to pay” credit event has occurred for French retailer Casino, which could trigge[...]
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Judge dismisses Washington, DC, privacy lawsuit against Facebook owner Meta
By Kanishka Singh WASHINGTON (Reuters) – A 2018 privacy lawsuit brought by Washington, D.C., against Facebook owner Meta Platforms Inc was dismissed on Thursday by a Superior Court judge, who ru[...]
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Hackers use flaw in popular file transfer tool to steal data, researchers say
By Zeba Siddiqui SAN FRANCISCO (Reuters) – Hackers have stolen data from the systems of a number of users of the popular file transfer tool MOVEit Transfer, U.S. security researchers said on Thu[...]
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