BRUSSELS (Reuters) – The European Union’s top competition official on Wednesday said “all options” were on the table but did not indicate what her next steps could be after Luf[...]
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May 10, 2023
Airbnb’s gloomy forecast weighs on hotel, airline stocks
By Chibuike Oguh NEW YORK (Reuters) – A gloomy forecast from vacation rental firm Airbnb weighed on travel-related stocks on Wednesday as an expected slowdown in bookings signaled an impending s[...]
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US annual inflation slows to below 5%, price pressures still strong
By Lucia Mutikani WASHINGTON (Reuters) – The annual increase in U.S. consumer prices slowed to below 5% in April for the first time in two years, while a key inflation measure monitored by the F[...]
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Microsoft signs power purchase deal with nuclear fusion company Helion
By Timothy Gardner WASHINGTON (Reuters) -Private U.S. nuclear fusion company Helion Energy will provide Microsoft with electricity in about five years, the companies said on Wednesday, in the first su[...]
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EU decision clearing $69 billion Microsoft, Activision deal expected May 15, sources say
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are set to approve Microsoft Corp’s $69 billion acquisition of Activision next week, with May 15 as the likeliest date, people[...]
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U.S. government posts smaller $176 billion April surplus as revenues shrink
By David Lawder WASHINGTON (Reuters) -The U.S. government reported a $176 billion surplus in April, down sharply from a year-ago record as revenues fell, the U.S. Treasury Department said on Wednesday[...]
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Oil drops 1% after US data points to further rate hikes
By Shariq Khan BENGALURU (Reuters) -Oil prices fell by more than a dollar a barrel on Wednesday, ending a three-day rally, as economic data suggested that the U.S. Federal Reserve might hike interest[...]
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Microsoft skips pay hikes this year amid sharp focus on AI
(Reuters) -Microsoft Corp said on Wednesday it will not raise salaries for full-time employees this year, citing tough economic conditions, but will continue with its bonuses, stock awards and promoti[...]
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U.S. prosecutor query, quarterly loss hit already reeling shares of Icahn’s company
(Reuters) -Billionaire Carl Icahn’s holding company said on Wednesday it was contacted by U.S. prosecutors, and it posted a surprise quarterly loss, sending its shares down 15% in the latest blo[...]
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