By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) – Santa Claus will not be coming to Hollywood this year. “Dear Santa,” a comedy by the Farrelly brothers about a young boy who acciden[...]
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October 18, 2023
US regional banks earn more on loans but warn on rising deposit costs
By Chibuike Oguh NEW YORK (Reuters) -Several U.S. regional banks beat analysts third-quarter profit expectations on Wednesday as higher interest rates allowed them to charge more for loans, although r[...]
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Qantas scraps plan to buy Alliance Aviation amid regulatory hurdle
By Rishav Chatterjee (Reuters) – Qantas Airways will drop its A$611 million ($387 million) plan to buy out charter flight operator Alliance Aviation Services, the companies said on Thursday, mon[...]
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Chinese chip equipment makers grab market share as U.S. tightens curbs
By Fanny Potkin and Yelin Mo SINGAPORE/BEIJING (Reuters) -As the U.S. tightens its restrictions on China’s semiconductor industry, Chinese manufacturers of tools used to make chips are benefitin[...]
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Australia’s Santos posts over 7% sequential rise in quarterly revenue
(Reuters) – Australia’s Santos Ltd on Thursday reported a 7.5% rise in third-quarter revenue from the preceding quarter, helped by increased crude oil volumes and higher prices. The countr[...]
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Disney to break out sports revenue in financial reports
(Reuters) – Walt Disney will break out its sports programming revenue from the fourth quarter onwards following a restructuring of the company announced earlier this year, the media firm said on[...]
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OpenAI in talks to sell shares at $86 billion valuation – Bloomberg News
(Reuters) -ChatGPT creator OpenAI is in talks to sell existing employees’ shares at an $86 billion valuation, Bloomberg News reported on Wednesday, citing people with knowledge of the matter. La[...]
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US court upholds Nasdaq board diversity rule
By Jody Godoy (Reuters) -A U.S. appeals court upheld Nasdaq’s board diversity rule on Wednesday, requiring companies listed on the exchange to have women and minority directors on their boards o[...]
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Amazon to launch drone deliveries in Italy and UK in late 2024
(Reuters) – Amazon said on Wednesday it was planning to begin delivering packages through drones in Britain, Italy and a third location in the United States, as part of the e-commerce giant[...]
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