By Tim Reid WASHINGTON (Reuters) -Donald Trump’s election campaign on Monday sought to clarify his stance on popular U.S. entitlement programs such as Social Security and Medicare after Presiden[...]
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March 11, 2024
Analysis-OPEC, IEA at most divided on oil demand since at least 2008
By Alex Lawler, Nerijus Adomaitis and Swati Verma LONDON (Reuters) -Producer group OPEC and the International Energy Agency, the world’s most closely watched forecasters of oil demand growth, ar[...]
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Choice Hotels abandons roughly $7 billion takeover bid for Wyndham
By Aishwarya Jain, Doyinsola Oladipo and Anirban Sen (Reuters) -Choice Hotels International on Monday scrapped its nearly year-long pursuit of rival Wyndham Hotels & Resorts, after repeated reject[...]
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Elon Musk takes another swing at OpenAI, makes xAI’s Grok chatbot open-source
(Reuters) – Elon Musk said on Monday his artificial intelligence startup xAI would open-source its ChatGPT challenger “Grok” this week, days after he sued OpenAI for abandoning its o[...]
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US equities, tech growing in market dominance, Goldman strategists say
By Lewis Krauskopf NEW YORK (Reuters) – Global stock markets are increasingly concentrated, including a greater weight of U.S. equities and technology stocks, and, while not necessarily unwarran[...]
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NY Fed: Consumer outlook on longer-term inflation hit snag in February
By Michael S. Derby NEW YORK (Reuters) -The public’s expectations around the longer-run trajectory of inflation deteriorated in February, a report from the Federal Reserve Bank of New York said Monday[...]
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EU members endorse diluted draft rules on rights for gig workers
By Foo Yun Chee BRUSSELS (Reuters) -Europe moved a step closer to giving so-called gig economy workers at online platforms such as Uber and Deliveroo greater social and labour rights on Monday, althou[...]
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GoldenTree raises $1.35 billion in first private credit fund
By Carolina Mandl NEW YORK (Reuters) – GoldenTree Asset Management raised over $1.35 billion for its first pure private credit fund, the firm said in a statement on Monday, getting a strong foot[...]
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Exclusive-Investors push Zara owner Inditex to publish full supply chain
By Helen Reid LONDON (Reuters) – Investors want Zara owner Inditex to follow rivals H&M and Primark in making its full list of suppliers public so they can better assess any supply chain ris[...]
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