By Shashwat Chauhan and Pranav Kashyap (Reuters) -European shares closed higher on Friday, boosted by an earnings-driven advance across several sectors including luxury, while global markets remained[...]
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July 26, 2024
Baker Hughes sees lower North America activity; bets on foreign demand
HOUSTON (Reuters) – Baker Hughes cut its outlook for spending by oil producers on Friday, citing lower drilling activity by North American companies, joining other oilfield service companies in[...]
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Health insurer Centene confident about improving costs next year
By Sriparna Roy and Amina Niasse (Reuters) -Centene Corp said on Friday it expects medical costs to improve next year as states catch up with reassessment of enrollments for its Medicaid plans that co[...]
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Indivior reaches $86 million opioid settlement with 16 US states
By Jonathan Stempel NEW YORK (Reuters) -Indivior reached an $86 million settlement with 16 U.S. states over the drug manufacturer’s alleged role in spreading opioid addiction across the United S[...]
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Chile’s Codelco says output falls 8% in first half of 2024
By Fabian Cambero and Natalia Siniawski SANTIAGO (Reuters) -Chile’s Codelco, the world’s largest copper producer, on Friday posted a 8.4% drop in output for the first half of 2024 compared[...]
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Fed seen on track for September rate cut after good inflation data
By Ann Saphir (Reuters) -Federal Reserve policymakers on Friday got fresh evidence of progress on inflation, fueling expectations they will use the U.S. central bank’s meeting next week to signa[...]
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Apple signs on to voluntary US scheme to manage AI risks, White House says
WASHINGTON (Reuters) – Apple Inc has signed U.S. President Joe Biden’s voluntary commitments governing artificial intelligence (AI), joining 15 other firms that have committed to ensuring[...]
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Insurer Mapfre buoyed by US recovery and fewer natural disasters
(Reuters) – Spanish insurer Mapfre said on Friday its first-half net profit jumped thanks to fewer and more benign natural disasters and a turnaround in its car insurance business in the United[...]
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Analysis-End of tax loophole risks dimming Shein’s IPO appeal, investors say
By Helen Reid LONDON (Reuters) – Moves by authorities in the European Union and elsewhere to end tax breaks for low-value parcels threaten Shein’s profitability and risk denting the fast f[...]
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