By Davide Barbuscia NEW YORK (Reuters) -Several parts of the U.S. Treasury yield curve are reaching deeper levels of inversion, a sign that bond investors are increasingly worried about an economic sl[...]
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June 29, 2023
AI company Runway valued at $1.5 billion in latest funding – source
(Reuters) – AI company Runway has been valued at $1.5 billion in its latest round of funding, a source familiar with the matter said on Thursday, after it raised $141 million from investors, inc[...]
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Mexico’s economic outlook uncertain, say finance officials
MEXICO CITY (Reuters) – Mexico’s financial system stability committee described the country’s economic outlook as uncertain on Thursday, citing persistent risks of further weakening[...]
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Coinbase, facing SEC lawsuit, says regulator lacks police power over crypto
By Jonathan Stempel NEW YORK (Reuters) – Coinbase, the largest U.S. cryptocurrency platform, said it will ask a judge to dismiss the U.S. Securities and Exchange Commission lawsuit claiming it b[...]
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Volkswagen in discussions with Tesla over its charging standard
FRANKFURT (Reuters) – Volkswagen said on Thursday that it was in discussions with Tesla over its North American charging standard to optimize it for its customers. “Volkswagen Group and it[...]
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US health department, law firms latest hit in wide-ranging hack
By Raphael Satter WASHINGTON (Reuters) -The U.S. Department of Health and Human Services (HHS) was among those affected by a wide-ranging hack centered on a piece of software called MOVEit Transfer, a[...]
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Brazil cenbank chief signals he supports changing inflation target time frame
By Marcela Ayres BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto indicated on Thursday he supports adopting a continuous time frame for the monetary authority to pursu[...]
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Polestar to adopt Tesla’s supercharger network in the US, Canada
(Reuters) – Swedish electric vehicle (EV) maker Polestar said on Thursday it has signed an agreement with Tesla to adopt the EV maker’s Supercharger network in the United States and Canada[...]
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H&M leads Europe’s STOXX 600 higher, rate hike jitters weigh
By Amruta Khandekar, Matteo Allievi, Bansari Mayur Kamdar (Reuters) -European shares edged higher on Thursday with Swedish retailer H&M rallying on stronger-than-expected quarterly profit, but eco[...]
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