By Shariq Khan BENGALURU (Reuters) -Oil prices rose nearly 2% on Friday to record a fourth consecutive weekly gain, buoyed by growing evidence of supply shortages in the coming months and rising tensi[...]
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July 21, 2023
OpenAI, Google, others pledge to watermark AI content for safety -White House
By Diane Bartz and Krystal Hu WASHINGTON/NEW YORK (Reuters) -AI companies including OpenAI, Alphabet and Meta Platforms have made voluntary commitments to the White House to implement measures such as[...]
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Global shares slip, dollar soars vs yen on BoJ policy expectations
By Herbert Lash NEW YORK (Reuters) -Global share markets edged lower on Friday as most U.S. megacap stocks slipped, while the dollar soared against the yen after Reuters reported the Bank of Japan is[...]
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Canada’s port workers union leadership backs new contract deal
By Steve Scherer OTTAWA (Reuters) -Leaders of a dock workers union in Canada’s Pacific region on Friday backed a tentative contract deal with employers and will soon recommend ratification to me[...]
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Dead EV batteries turn to gold with U.S. incentives
By Nick Carey, Paul Lienert and Victoria Waldersee POOLE, England (Reuters) – A little-publicized clause in the U.S. Inflation Reduction Act has companies scrambling to recycle electric vehicle[...]
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Yen slides, dollar gains as BOJ seen maintaining loose policy
By Karen Brettell and Iain Withers NEW YORK (Reuters) – The yen dropped against the dollar on Friday after Reuters reported the Bank of Japan (BoJ) is leaning toward keeping its key yield contro[...]
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Microsoft-Activision deal back in hands of UK regulator after court pauses appeal
LONDON (Reuters) -Microsoft’s Activision Blizzard deal is back in the hands of Britain’s antitrust regulator after an appeals court granted an adjournment, and the grounds for why the UK s[...]
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US banks’ reserves steady, assuaging liquidity drainage fears
By Davide Barbuscia NEW YORK (Reuters) – A feared liquidity drainage in the U.S. banking system as the Treasury refills its coffers has not materialised yet, on the contrary reserves increased r[...]
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U.S. banks warn of interest income weakness after upbeat quarter
By Niket Nishant and Jaiveer Shekhawat (Reuters) -Comerica and Huntington Bancshares on Friday sharply cut their interest income growth forecasts for 2023, the latest U.S. banks to sound the alarm ove[...]
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