A look at the day ahead in European and global markets from Tom Westbrook Meta paid a dividend and Amazon’s $170 billion in quarterly sales beat expectations. Cue cheering that added a combined[...]
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February 2, 2024
Tencent axes Square Enix ‘Nier’ mobile game as it hunts for a new hit -sources
By Josh Ye HONG KONG (Reuters) – Tencent halted the development of a highly anticipated mobile game based on Square Enix’s “Nier” franchise in December, according to three peop[...]
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Japan economy likely returned to growth in Q4, but remains fragile – Reuters poll
By Satoshi Sugiyama TOKYO (Reuters) – Japan’s economy likely swung back to growth in the October-December period, helped by a slight pickup in external demand, though analysts warned priva[...]
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Japan’s government interest costs seen more than doubling over next decade -draft
By Takaya Yamaguchi TOKYO (Reuters) – Japan faces more than a two-fold increase in annual interest payments on government debt to 24.8 trillion yen ($169 billion) over the next decade, draft gov[...]
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In Michigan, autoworkers offer to fight for Biden, but Gaza protesters want him out
By Nandita Bose and Andrea Shalal WARREN, Michigan (Reuters) -U.S. President Joe Biden won a strong pledge of support on Thursday from union autoworkers crucial to his reelection bid in Michigan, whil[...]
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Toyota supplier Denso cuts forecast after Q3 profit hit by extra costs
TOKYO (Reuters) -Japan’s Denso, a leading supplier to Toyota, slashed its annual earnings forecasts on Friday after third-quarter profits were hit by additional quality-related cost reserves, mi[...]
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Appeals court overturns $366 million FedEx race bias verdict
By Jonathan Stempel (Reuters) -A federal appeals court on Thursday threw out a $366.2 million verdict against FedEx, in a case brought by a Black sales manager who said the package delivery company fi[...]
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S.Korea inflation softens to six-month low, policymakers remain wary
SEOUL (Reuters) – South Korea consumer inflation slowed to a six-month low in January, official data showed on Friday, but policymakers warned of an uptick amid price pressures from heightened g[...]
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Facebook parent Meta declares first dividend, shares soar
By Katie Paul and Yuvraj Malik (Reuters) -Meta Platforms issued its first dividend days ahead of flagship social network Facebook’s 20th anniversary, while reporting revenue and profit that beat[...]
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