(Reuters) -The United Auto Workers said on Saturday they had to escalate action against Ford as they expected a revised offer from the automaker but were given the same offer as two weeks ago. “[...]
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October 14, 2023
IMF steering committee calls for new funds, share plan by June 2025
MARRAKECH, Morocco (Reuters) – International Monetary Fund members on Saturday pledged to complete a review of quota funding by Dec. 15, voicing support for an increase that at least maintains t[...]
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IMF sees recent yen falls as reflecting fundamentals
By Leika Kihara MARRAKECH, Morocco (Reuters) -The yen’s recent declines are driven by fundamentals and do not meet any of the considerations that would call for authorities to intervene in the c[...]
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Ferrari to accept crypto as payment for its cars in the US
By Giulio Piovaccari MILAN (Reuters) – Ferrari has started to accept payment in cryptocurrency for its luxury sports cars in the U.S. and will extend the scheme to Europe following requests from[...]
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Singapore hopes for substantial IPEF progress by APEC
WASHINGTON (Reuters) – Singapore’s deputy prime minister said on Friday he hopes for substantial progress in the U.S.-led Indo-Pacific Economic Framework for Prosperity (IPEF) discussions[...]
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Investors zero in on health of consumer with retail sales, earnings
By Lewis Krauskopf NEW YORK (Reuters) – Investors in the coming week will get a look at the state of U.S. consumers – whose spending drives around two-thirds of the economy – with a[...]
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Stellantis, Ford furlough another 1,250 workers because of UAW strike
By David Shepardson (Reuters) – Chrysler-parent Stellantis and Ford Motor said on Friday they will temporarily lay off 1,250 employees due to the impact of the United Auto Workers strike. Stella[...]
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