(Reuters) -Super Micro Computer said on Tuesday it will sell 2 million shares that could fetch around $2 billion, sending the AI server maker’s shares 11% lower. The San Jose-based company[...]
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March 19, 2024
Yen slides to four-month low despite historic BOJ shift; dollar firm
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -The yen tumbled to a four-month low on Tuesday after the Bank of Japan’s momentous, widely anticipated decision to end its negative i[...]
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BOJ joins a rate-hike party that other big central banks have left
By Naomi Rovnick and Alun John LONDON (Reuters) – Global interest rates are in flux. The Bank of Japan, a holdout dove as central banks across the developed world raised borrowing costs from lat[...]
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Exclusive-EU’s Vestager warns about Apple, Meta fees, disparaging rival products
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust chief Margrethe Vestager on Tuesday warned Apple and Meta Platforms on their new fees for their services, saying that this may hinder users from[...]
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BOJ cuts maximum limit of JGB purchase amount after major policy shift
By Brigid Riley and Junko Fujita TOKYO (Reuters) – The Bank of Japan (BOJ) will scale back the maximum limit of its purchases of Japanese government bonds, it said on Tuesday, after ending its r[...]
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White House softens EV mileage rule in a win for automakers
By David Shepardson WASHINGTON (Reuters) -The Biden administration on Tuesday handed Detroit automakers a major win by easing proposed rules that would have forced them to scale back production of gas[...]
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SpaceX to sell satellite laser links that speed in-space communication to rivals
By Joey Roulette WASHINGTON (Reuters) -SpaceX has started selling satellite lasers, which are used for speedy in-space communications, to other satellite firms, company President Gwynne Shotwell said[...]
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Kering warns of 10% 1st-quarter revenue drop, led by Gucci
By Mimosa Spencer (Reuters) -Luxury goods group Kering warned on Tuesday that its first-quarter sales are likely to drop by around 10%, weighed down by star label Gucci, knocking back hopes that it ha[...]
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US CFTC hits U.S. Bank, Oppenheimer with fines over record keeping failures
(Reuters) -U.S. Bank NA and Oppenheimer & Co have agreed to pay fines to settle charges from the U.S. Commodity Futures Trading Commision over use of unapproved communications channels, the regula[...]
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