BERLIN (Reuters) -Elon Musk will visit Tesla’s gigafactory in Germany on Wednesday morning after an arson attack on a nearby power pylon last week left it without electricity and halted producti[...]
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March 12, 2024
Man Utd posts rise in second-quarter earnings
(Reuters) – Manchester United kept its 2024 forecast unchanged on Tuesday after posting a rise in profit for the second quarter due to its participation in the early stages of the lucrative UEFA[...]
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Volkswagen Group China plans to boost investment in majority-controlled JV
BEIJING (Reuters) -Volkswagen Group China plans to boost investment in its only majority-controlled joint venture, according to a Tuesday stock filing by its Chinese partner, as the German automaker e[...]
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Delta Air reaffirms first-quarter profit forecast
(Reuters) -Delta Air Lines reaffirmed its first-quarter profit forecast on Tuesday on resilient international travel demand. Major U.S. airlines with international operations have experienced a surge[...]
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Alaska Air forecasts narrower-than-expected loss, says capacity plans in “flux”
(Reuters) -Alaska Air Group, the operator of the 737 MAX 9 jet that experienced a mid-air cabin panel blowout, forecast a narrower-than-expected first-quarter loss on Tuesday due to strong travel dema[...]
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Exclusive-Chinese Premier Li to skip meeting with global CEOs at key business summit
BEIJING/HONG KONG (Reuters) -Chinese Premier Li Qiang does not intend to hold a meeting with visiting foreign CEOs at the upcoming China Development Forum (CDF) in late March, three sources briefed on[...]
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Hedge funds ramp up leverage to near record highs to juice returns
By Carolina Mandl NEW YORK (Reuters) – Hedge funds’ use of leverage in equities trading is near record levels after debt-fueled strategies ballooned in recent years and an upturn in financ[...]
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US small business optimism falls to lowest in 9 months, NFIB says
By Amina Niasse NEW YORK (Reuters) – U.S. small business sentiment fell in February to the lowest level since May due to continued concerns around inflation, according to a report published on T[...]
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US-based CarbonCapture raises $80 million from Saudi Aramco, others
By Valerie Volcovici and Simon Jessop WASHINGTON (Reuters) – Los Angeles-based CarbonCapture, which aims to build machines that suck carbon dioxide out of the air to fight climate change, said i[...]
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