By Scott Murdoch (Reuters) – Chinese developer Shimao Group said on Monday China Construction Bank (Asia) had filed a liquidation petition against it in Hong Kong over unpaid debts, a rare case[...]
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April 8, 2024
Fed rate cut expectations for 2024 fall to lowest since October
NEW YORK (Reuters) – Futures traders have reduced bets on how much the Federal Reserve will cut rates this year to the lowest level since October, LSEG data showed on Monday, amid evidence of co[...]
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Tesla’s Musk predicts AI will be smarter than the smartest human next year
(Reuters) -Tesla CEO Elon Musk on Monday predicted development of artificial intelligence that was smarter than the smartest human probably by next year, or by 2026. In a wide-ranging interview on X s[...]
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Blackstone to take Apartment Income REIT private in $10 billion deal
(Reuters) -Asset manager Blackstone said on Monday it would take private rental housing firm Apartment Income REIT, known as AIR Communities, for $10 billion in cash, including debt, in what analysts[...]
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Amid probe into Musk, Brazil’s top court says ‘every company is subject to the constitution’
BRASILIA (Reuters) – Brazil’s Supreme Court Chief Justice said on Monday that every company operating in the country is “subject to the constitution,” after one of the court[...]
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Oil falls on renewed push for Middle East ceasefire
By Shariq Khan NEW YORK (Reuters) -Oil prices fell on Monday, ending a multi-session rally after Israel reduced its troops in southern Gaza and began a fresh round of ceasefire talks with Hamas. Brent[...]
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United Airlines delays flights on two new routes amid FAA safety probe
By David Shepardson WASHINGTON (Reuters) -United Airlines said on Monday it has delayed the start of two new international routes, citing a pause on some certifications by the U.S. Federal Aviation Ad[...]
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US dollar skids ahead of inflation data; yen not far from 1990 lows
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar slid on Monday as investors focused on U.S. inflation data due later this week, while the yen dipped to near 34-year lows, with traders remai[...]
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Stocks rise slightly as oil cools; Treasury yields touch 4-month high
By Sinéad Carew and Harry Robertson NEW YORK/LONDON (Reuters) -Equity indexes rose slightly on Monday as U.S. bond yields hit their highest levels since late November and investors continued to rein i[...]
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