By Kirstin Ridley LONDON (Reuters) -Three Black bankers, who sued Barclays for a combined 52.8 million pounds ($66.7 million) in London over allegations that included race discrimination, harassment,[...]
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March 13, 2024
Analysis-China lithium boom slows as sagging prices batter high-cost miners
By Siyi Liu and Andrew Hayley BEIJING (Reuters) – A slump in the price of lithium, a key raw material in electric car batteries, is dragging on China’s mining of the ultralight metal which[...]
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Insurer AIA’s 2023 new business value soars on strong Hong Kong sales
(Reuters) – AIA Group reported a 33% jump in its annual value of new business (VONB) on Thursday as the company benefited from strong demand for its insurance products in Hong Kong. The Asia-foc[...]
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US homebuilder Lennar beats Q1 profit estimates amid sustained demand for new homes
(Reuters) -Lennar Corp reported first-quarter profits above Wall Street estimates on Wednesday, as historically low existing home supply led to sustained demand for new unit construction. The company[...]
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Wall Street ends mostly lower as chipmakers ease; inflation data ahead
By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 and Nasdaq edged lower on Wednesday as investors took profits in chipmaker stocks, while they braced for producer price data and further cl[...]
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Yellen says US aims to ensure domestic EV maker success as China boosts exports
By David Lawder ELIZABETHTOWN, Kentucky (Reuters) -U.S. Treasury Secretary Janet Yellen on Wednesday said President Joe Biden’s administration is taking steps to ensure success of the domestic e[...]
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Exclusive-Vista Equity seeks to tap banks for Solera IPO, sources say
By Echo Wang (Reuters) -Private equity firm Vista Equity Partners is seeking to hire investment banks for a U.S. initial public offering of Solera, a provider of software to the automotive and insuran[...]
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Japan’s overworked, underpaid truckers left behind in wage bonanza
By Satoshi Sugiyama TOKYO (Reuters) – As Japan’s big companies prepare to hand out their heftiest pay hikes in decades, trucking firm owner Ikuko Sakata feels like she inhabits a different[...]
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Morning Bid: Count down to Japan’s date with destiny
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. A day of consolidation and narrow range-trading across world stocks on Wednesday gives Asian markets no clear direction on[...]
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