(Reuters) -Cryptocurrency exchange Binance has not sold either bitcoin or Binance Coin, its native token, the company’s CEO Changpeng Zhao tweeted on Tuesday. Last week, Binance was sued by the[...]
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June 13, 2023
Hopes for a Fed pause bolster risk rally
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets are set for an explosive open on Wednesday after a below-co[...]
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With no big customers named, AMD’s AI chip challenge to Nvidia remains uphill fight
By Stephen Nellis and Chavi Mehta (Reuters) -Advanced Micro Devices Inc on Tuesday gave new details about an artificial intelligence chip that will challenge market leader Nvidia Corp , but the compan[...]
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Macquarie picks up majority stake in Coastal Waste & Recycling
By Chibuike Oguh NEW YORK (Reuters) – The asset management arm of Australian bank Macquarie Group Limited has bought a majority stake in waste management firm Coastal Waste & Recycling, the[...]
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Amazon cloud services back up after big outage hits thousands of users
By Samrhitha A and Chavi Mehta (Reuters) – Amazon.com said cloud services offered by its unit, Amazon Web Services (AWS), were restored after a big disruption on Tuesday affected websites of the[...]
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US stocks end higher as inflation data cements bets on rate hike pause
By Noel Randewich and Shristi Achar A (Reuters) – The S&P 500 and Nasdaq reached their highest closes in 14 months on Tuesday after data showed consumer prices rose modestly in May, boosting[...]
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US consumer price increases slow; underlying inflation sticky
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices barely rose in May and the annual increase in inflation was the smallest in more than two years, though underlying price pressures r[...]
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Fewer people trust traditional media, more turn to TikTok for news, report says
By Helen Coster NEW YORK (Reuters) – The number of people globally who initially access news through a website or app has dropped by 10 points since 2018, and younger groups prefer to access new[...]
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Investment bank may be liable for ex-partner’s $25 million fraud: NY court
By Daniel Wiessner (Reuters) – A Wall Street bank could be held liable for allegedly failing to stop a former partner from defrauding a charitable foundation of $25 million in a fake investment[...]
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