By David Shepardson WASHINGTON (Reuters) – A group of 15 U.S. lawmakers on Thursday urged the Commerce Department to add TikTok’s China-based parent company ByteDance to a government expor[...]
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February 8, 2024
Fed’s Barkin: Need more time before supporting rate cuts
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Richmond President Thomas Barkin said Thursday the central bank has time to decide what’s next for monetary policy while it waits for fu[...]
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Disney’s investment in Epic Games signals the company has to ‘be there’
By Dawn Chmielewski (Reuters) -In 2017, Epic Games was among a handful of companies selected to participate in Walt Disney’s Accelerator incubator program, where the game company’s founder[...]
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Oil producer ConocoPhillips beats profit views on higher output
By Sabrina Valle and Sourasis Bose HOUSTON (Reuters) -U.S. oil and gas producer ConocoPhillips on Thursday beat Wall Street estimates for fourth-quarter profit, helped by higher production in the U.S.[...]
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Global creditors quiz ratings agencies over debt relief to the poorest
By Jorgelina do Rosario LONDON (Reuters) – Global creditors and Moody’s, Fitch and S&P Global Ratings met on Wednesday to discuss ratings agencies’ actions after debt relief prov[...]
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French central bank says economy set for slight growth in Q1
PARIS (Reuters) – The French economy is set to end a six-month phase of stagnation and expand by 0.1% to 0.2% in the first quarter, the country’s central bank said on Thursday as it releas[...]
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Goldman Sachs faces probe over fees charged for futures trading- Bloomberg News
(Reuters) -Wall Street investment bank Goldman Sachs is facing an investigation over fees it charges for futures trading, Bloomberg News reported on Thursday, citing people familiar with the matter. T[...]
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Explainer – How could Germany expropriate Rosneft assets?
By Riham Alkousaa BERLIN (Reuters) – Germany’s Economy Ministry informed Rosneft earlier this week that it was considering expropriating shares in the company’s German assets, the Ru[...]
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Walgreens CEO appoints finance chief, new healthcare unit head
(Reuters) -Walgreens Boots Alliance’s CEO Tim Wentworth on Thursday finalized the appointment of its finance chief and named a new head of its nascent healthcare unit, as he aims to turn around[...]
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