(Reuters) – Bitcoin rose 5.1% to $28,211 at 20:49 GMT on Tuesday, adding $1,369 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 71% from the year[...]
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June 20, 2023
Stocks fall, U.S. dollar up ahead of Powell testimony
By Caroline Valetkevitch NEW YORK (Reuters) – Global stock indexes fell and the dollar index inched up on Tuesday as investors weighed the U.S. interest rate outlook ahead of Federal Reserve Cha[...]
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Inside China’s underground market for high-end Nvidia AI chips
By Josh Ye, David Kirton and Chen Lin HONG KONG/SHENZHEN, China (Reuters) – Psst! Where can a Chinese buyer purchase top-end Nvidia AI chips in the wake of U.S. sanctions? Visiting the famed Hua[...]
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Italy’s Brembo to move to Amsterdam to increase M&A options
MILAN (Reuters) – Italy’s Brembo is to move its legal headquarters to the Netherlands and strengthen its loyalty share scheme in a move aimed at increasing M&A opportunities, the premi[...]
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Analysis-Forex derivatives nudged out into the open as regulations increase costs
By Laura Matthews NEW YORK (Reuters) – Foreign-exchange investors are moving more of their over-the-counter (OTC) derivatives trades to lookalike products on exchanges to avoid higher costs due[...]
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Sanofi says arbitration court rejects Boehringer’s Zantac claims
By Ludwig Burger FRANKFURT (Reuters) -Sanofi said on Tuesday that the International Chamber of Commerce rejected rival drugmaker Boehringer Ingelheim’s (BI) claims to be indemnified by Sanofi in[...]
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U.S. Justice antitrust chief details renewed bank merger scrutiny
By Pete Schroeder WASHINGTON (Reuters) -The U.S. Justice Department antitrust division plans to expand the scope of its bank merger review process, the department’s chief said on Tuesday, in a s[...]
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Exclusive-Tesla standard: BTC Power joins move to add to EV chargers
By Abhirup Roy SAN FRANCISCO (Reuters) – BTC Power will add Tesla’s standard to its electric vehicle chargers next year, its chief executive told Reuters on Tuesday, days after Ford and Ge[...]
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Ball Corp considers options for aerospace unit
(Reuters) – Ball Corp, the world’s largest supplier of beer cans, said on Tuesday it was considering options for its aerospace business, days after a report said the company was looking to[...]
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