WASHINGTON (Reuters) – The Pentagon plans to assess Boeing’s improvement plans and Justice Department deal before determining what impact the planemaker’s plan to plead guilty could[...]
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July 8, 2024
Brazil chicken exporters enjoy less US competition, strong Mideast demand
By Ana Mano SAO PAULO (Reuters) – Brazilian chicken export data indicates the outlook is positive for the remainder of 2024, meat lobby ABPA said on Monday, citing weaker competition from U.S. s[...]
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Oil settles lower on worries Hurricane Beryl could hit US demand
By Scott DiSavino (Reuters) -Oil prices settled down about 1% to a one-week low on Monday as Hurricane Beryl shut U.S. refineries and ports along the Gulf of Mexico, and on hopes a possible ceasefire[...]
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Activist investor Elliott threatens Southwest Airlines proxy fight for leadership changes
By Rajesh Kumar Singh and Shivansh Tiwary (Reuters) -Activist investor Elliott Investment Management on Monday warned of a proxy fight to push for leadership changes at U.S. budget carrier Southwest A[...]
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Citi to cease operations in Haiti after 50 years
(Reuters) -Citigroup will wind up its operations in Haiti due to weak demand from institutional clients and lower international banking activity, ending its presence of more than five decades in the c[...]
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UK’s competition regulator clears $3.1 billion Thermo Fisher Scientific-Olink deal
(Reuters) – UK’s competition regulator said on Monday it has cleared U.S. medical equipment maker Thermo Fisher Scientific’s $3.1 billion deal to buy Swedish biotech firm Olink Holdi[...]
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Mercedes-Benz slows battery plans amid lower EV demand
By Victoria Waldersee STUTTGART (Reuters) -Mercedes-Benz will wait to see if EV demand picks up before adding more battery cell capacity, with lower projected EV sales meaning it will no longer need t[...]
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U.S. ‘breakeven’ monthly job growth may be 230,000: SF Fed paper
SAN FRANCISCO (Reuters) – A surge in the U.S. labor force in recent years may have driven up the number of new jobs needed to avoid a rise in the unemployment rate to around 230,000 a month, acc[...]
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Factbox-Paramount, Skydance merger deal turns spotlight on top Hollywood studios
By Harshita Mary Varghese and Jaspreet Singh (Reuters) -Skydance Media’s deal to merge with Paramount Global ends a months-long saga that had enough drama to rival a Hollywood movie, including a[...]
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