(Reuters) -Electric vehicle startup Fisker has signed a deal to sell emission credits to a major automaker, looking to enter a market it is betting on to navigate a stormy economic environment and a p[...]
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June 6, 2023
Teck receives several proposals for coal unit amid Glencore takeover bid
By Divya Rajagopal TORONTO (Reuters) -Teck Resources said on Tuesday it has received several proposals for its steelmaking coal business, without revealing if one included a revised offer from Swiss t[...]
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US EPA to remove proposed EV volumes from biofuel blending rule – sources
By Jarrett Renshaw and Stephanie Kelly NEW YORK (Reuters) – The Biden administration will abandon a proposal to include the electric vehicle industry in the U.S. biofuel blending program and wit[...]
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Bitcoin surges 5.56% to $27,171
(Reuters) – Bitcoin rose 5.56% to $27,171 at 19:57 GMT on Tuesday, adding $1,432 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 64.7% from the yea[...]
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GitLab soars on plan for new AI-powered product
By Chibuike Oguh NEW YORK (Reuters) – Shares of GitLab Inc jumped more than 35% on Tuesday after the software development platform announced plans to launch a revenue-boosting artificial intelli[...]
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Reddit to lay off about 5% of its workforce
(Reuters) – Reddit said on Tuesday it is laying off about 5% of its workforce, or 90 employees, joining a list of technology companies that have been cutting jobs across corporate America. Tech[...]
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Alternative asset specialist Beneficient set to complete $3.3 billion SPAC merger
By Svea Herbst-Bayliss NEW YORK (Reuters) – Beneficient is set to go public this week with a blank-check vehicle in a deal valuing the financial services firm at about $3.3 billion, a source fam[...]
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Greenback gains, Aussie jumps on RBA rate hike
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar gained against the euro and yen on Tuesday as investors focused on the likelihood that the Federal Reserve will continue hiking rates, whil[...]
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Binance, US affiliate hit by net outflows of $1.43b since SEC lawsuit, data shows
By Tom Wilson, Rae Wee and Hannah Lang (Reuters) -Investors have pulled around $1.43 billion from the crypto exchange Binance and its U.S. affiliate as of 11 a.m. ET (1500 GMT) on Tuesday, data firm N[...]
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