SYDNEY (Reuters) – Australian consumer sentiment eased from 20-month highs in March as worries about the economic outlook and family finances returned to darken the mood, a survey showed on Tues[...]
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March 25, 2024
China pushes banks to speed approvals of new loans to private developers, say sources
HONG KONG/BEIJING (Reuters) -Chinese regulators are pushing banks to speed up approvals of new loans to cash-starved private property developers, people with knowledge of the matter said, a bid to rev[...]
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Equities subdued after strong week, investors assess Fed rate path
By Chuck Mikolajczak NEW YORK (Reuters) -The Dow and S&P 500 slipped on Monday, the first session after the biggest weekly percentage gains for the indexes this year, as investors gauged the likel[...]
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United Airlines shares fall 3.4% after US FAA increases oversight
By David Shepardson and Allison Lampert WASHINGTON (Reuters) -Shares of United Airlines closed down 3.4% on Monday after the U.S. Federal Aviation Administration (FAA) said over the weekend it was inc[...]
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Musk’s X Corp loses lawsuit against hate speech watchdog
By Jonathan Stempel (Reuters) -A U.S. judge on Monday threw out Elon Musk’s lawsuit against a nonprofit group that faulted him for allowing a rise in hate speech on his social media platform X,[...]
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Dell reduces workforce as part of broader cost cuts
(Reuters) -Dell Technologies reduced its workforce as part of a broader initiative to cut costs that included limiting external hiring and employee reorganizations, it said in a filing on Monday. As o[...]
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Morning Bid: Volatile yuan, fragile yen cool sentiment
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Chinese markets will be under close scrutiny on Tuesday, as signs emerge that the recovery for much of this year in asset[...]
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Citigroup to end sweeping overhaul this week after 5,000 layoffs
By Tatiana Bautzer, Lananh Nguyen and Manya Saini (Reuters) -Citigroup is in the last phase of a sweeping overhaul to simplify its structure and improve performance, the bank said, after shrinking its[...]
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Reddit options launch draws bulls, as shares soar
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The launch of options on Reddit on Monday drew a flurry of bullish bets that some analysts said helped boost the social media platform’s stock after last[...]
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