By Nupur Anand NEW YORK (Reuters) – JPMorgan Chase said on Tuesday it was embarking on one of its most aggressive bank branch expansions in recent years, with plans to add more than 500 new U.S.[...]
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February 6, 2024
China regulator announces more curbs on short-selling
BEIJING/SHANGHAI (Reuters) -China’s securities regulator said on Tuesday it would suspend brokerages from borrowing shares for lending and cap the size of the so-called securities re-lending bus[...]
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Marketmind: Rates rebound cools, China commands rally
A look at the day ahead in U.S. and global markets from Mike Dolan World markets found their footing again on Tuesday as China’s panicky markets staged a sharp rally on reports the government ma[...]
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China stocks rebound sharply on renewed talk of official support
SHANGHAI (Reuters) – Battered Chinese stocks leapt to their largest one-day gain in two years on Tuesday and the yuan rose on a slew of signals that authorities are strengthening their resolve t[...]
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Russian court fines Amazon 2 million roubles for failing to remove banned content -court
MOSCOW (Reuters) – A Russian court on Thursday said it had fined U.S. e-commerce giant Amazon 2 million roubles ($22,254) for failing to remove what it said was illegal content. Russia also fine[...]
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Toyota hikes annual profit forecast after Q3 beats expectations
By Daniel Leussink TOKYO (Reuters) -Japan’s Toyota Motor raised its full-year operating profit forecast by nearly 9% on Tuesday, after its third-quarter earnings raced past analysts’ estim[...]
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Volkswagen to invest around 180 billion eur through 2028 – Handelsblatt
BERLIN (Reuters) – Volkswagen plans to keep investments in the coming five years stable at around 180 billion euros ($193.59 billion) between 2024 and 2028, Germany’s Handelsblatt newspape[...]
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Lyft guarantees weekly earnings to lure more drivers
By Akash Sriram (Reuters) – Lyft said on Tuesday the company will guarantee weekly earnings for drivers, a first in the U.S. ride-hailing industry dominated by larger rival Uber Technologies, in[...]
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China aims to boost chip production despite US restrictions – FT
(Reuters) – Chinese chipmakers expect to make next-generation smartphone processors as early as this year despite U.S. efforts to curb their development of advanced technologies, the Financial T[...]
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