(Reuters) – American Express’ cumulative cost relating to restructuring programs initiated in 2023 or in prior years that were in progress during 2023 amounted to $277 million, a filing sh[...]
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February 9, 2024
Oil settles up, notches weekly gain on tight supply, Middle East conflict
By Laura Sanicola (Reuters) -Oil prices settled higher on Friday, up about 6% on a week-on-week basis, as worries about supply from the Middle East mounted and as reining outages tightened refined pro[...]
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NY attorney general expands crypto lawsuit, sees $3 billion fraud
By Jonathan Stempel and Dietrich Knauth NEW YORK (Reuters) -New York Attorney General Letitia James on Friday expanded her lawsuit against Digital Currency Group and other cryptocurrency defendants, t[...]
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Barclays to adopt fresh curbs on oil and gas financing
By Simon Jessop and Sinead Cruise LONDON (Reuters) -Barclays, Britain’s biggest lender to the oil and gas industry, told Reuters it will stop direct financing of new oil and gas fields and restr[...]
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Exclusive-Renault, Geely expect to finalise engines tie-up this month – sources
By Gilles Guillaume PARIS (Reuters) -French carmaker Renault and Chinese rival Geely expect to finalise a joint venture for their combustion and hybrid engines towards the end of February, two sources[...]
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Duke Energy to remove Chinese battery giant CATL from Marine Corps Base
By Michael Martina WASHINGTON (Reuters) -Under pressure from Congress, U.S. utility company Duke Energy plans to decommission energy-storage batteries produced by Chinese battery maker CATL at one of[...]
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S&P 500 Q4 2023 earnings growth now seen at 9% year over year -LSEG
By Caroline Valetkevitch NEW YORK (Reuters) – With results in from about two-thirds of companies, fourth-quarter 2023 S&P 500 earnings growth is now seen at 9.0%, almost double a Jan. 1 fore[...]
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US SEC hits more Wall Street firms with fines over record-keeping
By Chris Prentice and Doina Chiacu NEW YORK/WASHINGTON (Reuters) -A new group of Wall Street firms has agreed to pay more than $81 million in civil penalties to settle U.S. Securities and Exchange Com[...]
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Dollar eases as market shrugs off inflation revision data
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -The dollar eased on Friday as it headed for a fourth week of gains while traders reduced their bets on how quickly the Bank of Japan might[...]
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