SEOUL (Reuters) – Tesla Inc has cut prices of some of its car models in South Korea, a local Tesla sales official said on Friday, the second straight month the U.S. electric vehicle maker has lo[...]
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February 3, 2023
The morning after the night before
A look at the day ahead in European and global markets from Ankur Banerjee After the central bank triple-header (that’s the Fed, ECB and BoE) buoyed risk appetite and emboldened investor hopes o[...]
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Ukraine’s allies push IMF to approve $14 billion-$16 billion loan – FT
(Reuters) – Ukraine’s allies are pushing the International Monetary Fund (IMF) to finalise plans for a multibillion-dollar lending programme, the Financial Times reported on Friday. IMF re[...]
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Standard Chartered says wins nod from China for securities firm
SYDNEY (Reuters) – Standard Chartered on Friday said it had been granted approval by the China Securities Regulatory Commission (CSRC) to set up a mainland securities firm. The bank said the fir[...]
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Billionaire Cohen builds stake in Nordstrom, urges board shakeup
By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire investor Ryan Cohen is building a large stake in Nordstrom Inc and plans to push the upscale retailer to shake up its board as its performance ha[...]
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China Jan services activity expands for first time in five months – Caixin PMI
BEIJING (Reuters) – China’s services activity in January expanded for the first time in five months as spending and travel got a boost from the lifting of stringent COVID-19 curbs, sending[...]
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Big Tech earnings show digital ads market not out of the woods
By Sheila Dang (Reuters) – After a challenging 2022 in which advertising-dependent companies faced shrinking budgets and cratering stock prices, fourth-quarter results this week from Alphabet, M[...]
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China boosts imports of fuel oil blended from Russian barrels
By Chen Aizhu and Jeslyn Lerh SINGAPORE (Reuters) – China’s independent refineries are ramping up imports of discounted fuel oil blended from Russian barrels to use as low-cost feedstock a[...]
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U.S. says Sime Darby Plantation products no longer produced with forced labour
KUALA LUMPUR (Reuters) – U.S. customs authorities said palm oil products made by Sime Darby Plantation <SIPL.KL> were no longer produced with forced labour, in a sign that a two-year impor[...]
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