A look at the day ahead in U.S. and global markets from Mike Dolan It may seem like an over-reaction to an inflation miss of less than a tenth of a percentage point, but the heated March consumer pric[...]
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April 11, 2024
China Vanke shares, bonds fall after rating cut and government probe
By Xie Yu HONG KONG (Reuters) – China Vanke’s shares and dollar bonds dropped on Thursday after S&P stripped its investment-grade status and the developer confirmed reports that an exe[...]
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Kering picks luxury veteran Cantino as Gucci deputy CEO
PARIS (Reuters) – French luxury group Kering on Thursday named former Louis Vuitton and Prada communications executive Stefano Cantino as deputy CEO of Gucci to help steer a revival of the Itali[...]
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Foreign investors snap up Japanese stocks for bargains
(Reuters) – Foreign investors snapped up Japanese stocks in the week ended April 5, as they sought value opportunities following a substantial drop in late-March amid profit booking by domestic[...]
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Meta to blur Instagram messages containing nudity in latest move for teen safety
(Reuters) – Instagram will test features that blur messages containing nudity to safeguard teens and prevent potential scammers from reaching them, its parent Meta said on Thursday as it tries t[...]
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AstraZeneca announces dividend hike ahead of CEO pay vote
By Eva Mathews (Reuters) -Drugmaker AstraZeneca plans to raise its annual dividend by 7% for 2024, it said on Thursday, ahead of a shareholder vote on a hefty boost to its Chief Executive’s pay[...]
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Chinese firms helping military get AI chips added to US export blacklist
By Karen Freifeld and Doina Chiacu WASHINGTON (Reuters) – The United States is adding four Chinese companies to an export blacklist for seeking to acquire AI chips for China’s military, a[...]
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NTSB conducting new interviews with Boeing on 737 MAX 9 door plug probe
By David Shepardson WASHINGTON (Reuters) -The National Transportation Safety Board is conducting a new round of interviews with Boeing and Federal Aviation Administration personnel this week in its pr[...]
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China’s exports likely swung back to contraction in March- Reuters poll
BEIJING (Reuters) – China’s exports likely declined in March after they grew at a better-than-expected pace in the first two months of this year, a Reuters poll showed on Thursday, highlig[...]
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