By Lucia Mutikani WASHINGTON (Reuters) – Annual U.S. inflation rose at its slowest pace in more than two years in June, with underlying price pressures receding, a trend that, if sustained, coul[...]
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July 28, 2023
Italy’s Leonardo to focus on ‘bytes and data’, new CEO says
By Alvise Armellini ROME (Reuters) -Italy’s state-controlled defence and aerospace group Leonardo needs to focus on the fast-growing cybersecurity and space sectors to keep up with industry tren[...]
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White House cuts 2023 US deficit forecast after student loan forgiveness struck down
WASHINGTON (Reuters) – The White House on Friday revised its fiscal 2023 U.S. budget deficit forecast to $1.543 trillion, a decrease of $26 billion from its March budget forecast, due largely to[...]
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Chevron expects annual production at low-end of guidance
By Sabrina Valle (Reuters) – Chevron Corp on Friday said that its annual oil and gas production should stay near the low-end of the oil major’s guidance due to unexpected stoppages in Cana[...]
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Cold War-era atomic bomb site could host largest US solar development
By Laura Sanicola and Timothy Gardner WASHINGTON (Reuters) – The largest U.S. solar power site and other clean energy projects could be built on lands owned by the Department of Energy, includin[...]
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US seeks to end 2020 Airbus criminal case over bribery, export controls
By David Shepardson WASHINGTON (Reuters) -U.S. prosecutors on Friday asked a judge to dismiss a 2020 criminal case against European planemaker Airbus after a probationary period for the company expire[...]
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EU stress test shows three banks falling short
By Huw Jones and Tom Sims LONDON/FRANKFURT (Reuters) – Three banks from the European Union failed to meet binding capital requirements in a stress test that saw a theoretical 496 billion euros ([...]
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CNH profit rises on strong equipment demand, shares down as guidance held
By Bianca Flowers CHICAGO (Reuters) -Farm and construction equipment maker CNH Industrial reported better-than-expected operating profit on Friday, though shares fell as much as 6% as an unchanged rev[...]
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Church & Dwight lifts annual targets on higher prices, steady demand
(Reuters) – Church & Dwight raised its annual sales and profit forecasts on Friday, betting on higher prices and steady demand for its household and personal care products including liquid d[...]
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