By Chavi Mehta (Reuters) -Analog chipmaker Texas Instruments forecast third-quarter revenue and profit below Wall Street targets on Tuesday, bogged down by sluggish recovery in end-market demand that[...]
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July 25, 2023
Wells Fargo approves new $30 billion share buyback program
(Reuters) – Wells Fargo said on Tuesday its board had authorized a new share buyback program of up to $30 billion. The bank’s shares rose 1% in extended trading after earlier jumping almos[...]
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Twitter blue bird has flown as Musk says X logo is here
By Supantha Mukherjee, Martin Coulter and Sheila Dang (Reuters) -After 17 years with an iconic blue bird that came to symbolize the broadcasting of ideas to the world, billionaire Elon Musk renamed Tw[...]
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Exclusive-Music rights giant BMI in renewed talks to sell itself -sources
By Milana Vinn and Anirban Sen NEW YORK (Reuters) -Broadcast Music Inc (BMI), the music rights company representing top songwriters such as Lady Gaga, Taylor Swift and Rihanna, is once again exploring[...]
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RTX to take up to 60 days to fix each GTF engine with contamination issue
By Valerie Insinna WASHINGTON (Reuters) -RTX Corp will need up to 60 days to inspect and fix each GTF engine used on Airbus jets that were found to have a new problem involving contaminated powder met[...]
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French antitrust watchdog issues statement of objection over Apple app tracking
PARIS (Reuters) -France’s antitrust watchdog said on Tuesday it had issued a statement of objection against Apple, citing concerns the U.S. technology company could have breached regulations lin[...]
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Exclusive-EU regulators rebuff Meta’s offer to curb use of ad data, sources say
By Foo Yun Chee BRUSSELS (Reuters) – Meta Platforms offered to curb the use of competitors’ advertising data for its Facebook Marketplace online classified service in an attempt to settle[...]
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South Korea consumer sentiment climbs for fifth month
SEOUL (Reuters) – South Korean consumers’ sentiment improved for a fifth consecutive month to a 15-month high in July, with their inflation expectations resuming a decline, a central bank[...]
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Singapore’s GIC bets on China after scoring 8-year-high returns
By Yantoultra Ngui and Xinghui Kok SINGAPORE (Reuters) – Singapore sovereign wealth fund GIC, one of the world’s biggest investors, plans to continue investing in China despite geo-politic[...]
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