DUBAI (Reuters) – Iran’s oil exports reached $35.8 billion in the 12 months to end-March 2024, Iran’s head of Customs Mohammad Rezvanifar said on Tuesday according to the Iranian Lab[...]
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April 2, 2024
Analysis-Trump-and-dump: Speculators bet on Truth Social ‘meme’ stock
By Abigail Summerville (Reuters) – Mohammed Al Shalloudi, a 21-year-old graduate data analyst in the United Arab Emirates who invested in Donald Trump’s social media company, has little in[...]
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Morning Bid: Factories chug along, dollar riding high
(Reuters) – A look at the day ahead in U.S. and global markets by Amanda Cooper. If there was one area of the U.S. economy that had yet to yield positive news, it was the manufacturing sector an[...]
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Fitch says UnitedHealth unit hack to have no credit impact on not-for-profit hospitals
(Reuters) – Fitch does not anticipate any credit impact on not-for-profit hospitals in the United States from the cyberattack at UnitedHealth’s tech unit Change Healthcare that caused disr[...]
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Xiaomi’s EV launch propels market value by $4 billion, near GM and Ford
By Sarah Wu BEIJING (Reuters) -Shares of China’s Xiaomi surged as much as 16% on Tuesday as the electronics maker’s sporty electric vehicle launched last week drew strong interest, though[...]
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Bank of China says net interest margin will continue to face pressure
BEIJING (Reuters) – Bank of China (BoC) said its net interest margin (NIM) – a key gauge of profitability – will still face significant pressure this year. Vice President Zhang Yi ma[...]
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Japan panel calls for shift away from stimulus-driven economy
By Leika Kihara TOKYO (Reuters) – Japan must shift its policy focus away from crisis-mode stimulus towards achieving private sector-driven economic growth, a government panel said on Tuesday in[...]
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Tesla’s China-made EV sales edge up 0.2% y/y in March
BEIJING (Reuters) – U.S. automaker Tesla sold 89,064 China-made electric vehicles in March, a 0.2% increase from a year earlier, China Passenger Car Association (CPCA) data showed on Tuesday. De[...]
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Former head of Chinese automaker JAC under investigation, anti-graft watchdog says
BEIJING (Reuters) -The former chairman of Jianghuai Automobile Group (JAC), An Jin, is under investigation, China’s anti-graft watchdog said. An retired from the state-owned automaker in 2021 af[...]
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