NEW YORK (Reuters) – U.S. 30-year mortgage rates rose to an average of 6.81% this week, the highest level of 2023, according to Freddie Mac’s mortgage market survey. Mortgage rates have ri[...]
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July 6, 2023
Meta’s Threads swiftly signs up 30 million users, in clear threat to Musk-owned Twitter
By Aditya Soni (Reuters) -Meta’s Threads racked up more than 30 million sign-ups within about 18 hours of its launch, emerging as the first real threat to Elon Musk-owned Twitter, as it took adv[...]
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Venezuela to regulate private shipments of food and medicine, sources say
By Mayela Armas and Vivian Sequera CARACAS (Reuters) – Venezuela is planning to introduce new regulations on courier shipments of food, medicine and other products in an effort to raise more tax[...]
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ByteDance launches new music streaming service in Brazil, Indonesia
SAO PAULO (Reuters) – Chinese company ByteDance, which owns short-video company TikTok, on Thursday said it will launch a new music streaming service in Brazil and Indonesia, as it tries to beco[...]
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Oil near flat as tighter supplies offset U.S. rate hike risk
By Stephanie Kelly NEW YORK (Reuters) -Oil prices were near flat on Thursday as the market weighed tighter U.S. crude supplies with the higher likelihood of a U.S. interest rate hike that could dent e[...]
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Comcast president Cavanagh shakes up NBCUniversal leadership – memo
(Reuters) – Comcast’s Mike Cavanagh named Universal’s film chief Donna Langley to an expanded role as chairman of NBCUniversal Studio Group and chief content officer with oversight o[...]
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Blackstone, TPG vie for U.S. fund administrator Standish -sources
By Pablo Mayo Cerqueiro and Amy-Jo Crowley LONDON (Reuters) – Buyout houses including Blackstone Inc. and TPG Inc. are evaluating competing bids for a U.S. fund administrator, in a deal that may[...]
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US bank stocks fall as investors turn jittery ahead of Q2 results
By Manya Saini (Reuters) -U.S. bank stocks fell and a key regional index hit a near two-week low on Thursday amid lingering worries about the health of the lenders in the aftermath of the crisis in re[...]
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Amazon’s iRobot deal in EU antitrust crosshairs
By Foo Yun Chee BRUSSELS (Reuters) -Amazon’s $1.7 billion acquisition of robot vacuum cleaner maker iRobot may reduce competition and strengthen Amazon’s position as online marketplace pro[...]
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