BERLIN (Reuters) -Mercedes-Benz wants to extend Chief Executive Ola Kaellenius’ contract, a source with knowledge of the matter told Reuters on Thursday, confirming a report in the Handelsblatt[...]
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July 6, 2023
Brazil real to take near-term support from improving economic outlook: Reuters Poll
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s currency will likely enjoy some support in the near term from faster economic growth and progress on reforms, despite the prospect of les[...]
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Longtime Showtime executive David Nevins named CEO of North Road Company
LOS ANGELES (Reuters) – Longtime Showtime Networks executive David Nevins has been named chief executive of the North Road Company, an independent studio founded by Hollywood veteran Peter Chern[...]
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Startup e-commerce platform Temu expands to Japan
SHANGHAI (Reuters) – Ultra low-cost e-commerce platform Temu, owned by PDD Holdings, has started selling to Japan, marking its first foray into the Asian market. The marketplace, the sister sit[...]
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Sri Lanka slashes rates as expected after IMF rescue, more easing seen soon
By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) -Sri Lanka cut its key interest rates for the second straight month on Thursday as inflation eased after last year’s devastating economic cr[...]
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Argentina to push July IMF debt payments to month-end -source
BUENOS AIRES (Reuters) – Argentina will push loan repayments due to the International Monetary Fund (IMF) in July to the end of the month, a person familiar with the matter at the Ministry of Ec[...]
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Marketmind: Markets labor on China, three jobs gauges
A look at the day ahead in U.S. and global markets from Mike Dolan World markets have taken a hit from a deepening selloff in China as they await critical health checks on U.S. employment over the nex[...]
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Beijing’s curbs on niche metal exports threaten China supply glut
BEIJING (Reuters) – China faces a growing surplus of two strategic metals if Beijing restricts exports, industry players said, weighing on domestic prices even as overseas prices of the thinly t[...]
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Bitcoin hits 13-month high
LONDON (Reuters) – Bitcoin hit its highest level in 13 months on Thursday rising as much as 3.28% to $31,500. The world’s largest cryptocurrency has recently found support due to plans by[...]
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