(Reuters) – The last big central bank push of the year is here with the Fed, the ECB and the Bank of England among the big hitters meeting while markets try to discern if a U.S. recession is una[...]
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December 8, 2023
Year-end rally in US stocks faces twin tests as Fed, inflation data loom
By Lewis Krauskopf NEW YORK (Reuters) – The Federal Reserve’s last monetary policy meeting of 2023 and a U.S. inflation report in coming days should test a stock market rally that some view as s[...]
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Microsoft, OpenAI tie-up comes under antitrust scrutiny
By Muvija M, Chavi Mehta and Aditya Soni LONDON (Reuters) -Microsoft’s partnership with ChatGPT maker OpenAI is under US and UK antitrust scrutiny, the British regulator and a media report said[...]
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Exclusive-Endeavor Energy explores sale for as much as $30 billion -sources
By David French and Anirban Sen (Reuters) -Endeavor Energy Partners is exploring a sale that could value the largest privately-held oil and gas producer in the Permian basin, the top U.S. oilfield, at[...]
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Southwest’s flight attendants reject tentative agreement
CHICAGO (Reuters) – Flight attendants at Southwest Airlines have rejected a tentative contract agreement, with 64% of them voting against the proposed five-year deal, their union said on Friday.[...]
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Microsoft says it does not own any portion of OpenAI
WASHINGTON (Reuters) – Microsoft said in a statement on Friday that it does not own any part of OpenAI, an artificial intelligence powerhouse. “While details of our agreement remain confid[...]
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Signa unit says expects to file for insolvency in the very near term
DUESSELDORF (Reuters) -Signa Development Finance, a unit of Signa Development Selection AG, said on Friday it is “predominantly likely” that its parent and companies related to it will sta[...]
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LVMH cedes control of cruise retail to Florida developer Jim Gissy
PARIS (Reuters) -LVMH signed a deal to sell a majority stake in the parent company of its cruise retail business to a group of investors led by Florida property developer Jim Gissy, but will remain an[...]
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Oil gains over 2% but records seventh weekly decline
By Shariq Khan BENGALURU (Reuters) -Oil prices rose more than 2% on Friday after U.S. data supported expectations of demand growth, but both benchmarks fell for a seventh straight week, their longest[...]
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