By Andrew Goudsward (Reuters) -Covington & Burling must identify some clients caught up in a 2020 hack on the law firm to the U.S. Securities and Exchange Commission, a federal judge in Washington[...]
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July 24, 2023
LVMH strikes Paris Olympic Games sponsorship deal
PARIS (Reuters) – Luxury giant LVMH unveiled on Monday a deal to sponsor next year’s Olympic Games in Paris with top fashion brands Louis Vuitton and Dior, Moet Hennessy champagne and spir[...]
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Apple faces $1 billion UK lawsuit by apps developers over app store fees
By Foo Yun Chee BRUSSELS (Reuters) – Apple on Tuesday found itself the target of a 785-million-pound ($1 billion) class action lawsuit brought by more than 1,500 apps developers in the UK over i[...]
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NXP forecasts third quarter above estimates on steady automotive demand
(Reuters) – Chipmaker NXP Semiconductors forecast third-quarter revenue and profit above Wall Street targets on Monday, betting that demand from automakers ramping up production will cushion the[...]
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Marketmind: China gloom deepens, Wall Street shines
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The contrasting market fortunes between the U.S. and China are well known[...]
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Argentina introduces more peso exchange rates amid IMF loan review
By Hernan Nessi and Jorgelina do Rosario BUENOS AIRES/LONDON (Reuters) -Argentina on Monday set new weaker trade-related exchange rates while keeping the official peso rate stable, in a push to meet e[...]
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Dow leads Wall Street higher as investors eye beyond tech
By Carolina Mandl and Bansari Mayur Kamdar (Reuters) – The Dow Jones Industrial Average led Wall Street higher on Monday and notched its longest winning streak in six years as investors bet on s[...]
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Shein posts US lobbying tab as it stays in lawmakers’ crosshairs
By Arriana McLymore NEW YORK (Reuters) – Shein, an online discount clothing retailer whose labor practices in China are being questioned by U.S. lawmakers, spent $600,000 in the second quarter i[...]
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Global shares, U.S. yields rise as investors eye rates, earnings
By Chibuike Oguh NEW YORK (Reuters) -Global equity markets and Treasury yields rose on Monday as investors braced for interest rate decisions from key central banks, including the U.S. Federal Reserve[...]
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