By Mathieu Rosemain PARIS (Reuters) -BNP Paribas is in exclusive talks with French insurer AXA to buy 100% of its AXA Investment Managers arm at an agreed price of 5.1 billion euros ($5.50 billion), t[...]
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August 1, 2024
Hess shares fall most in 20 months on lengthy new delay to Chevron sale
HOUSTON (Reuters) -Shares in U.S. oil producer Hess suffered their largest daily percentage drop in 20 months on Thursday on fallout from the lengthy new delay to its proposed sale to Chevron An arbit[...]
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Oil slips over $1 as supply intact despite Middle East conflict fears
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices settled more than $1 lower on Thursday as global supply seemed largely unaffected by worries of a wider Middle East crisis after the killing of a Ham[...]
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Dollar gains on geopolitical tensions, pound slips after rate cut
By Karen Brettell NEW YORK (Reuters) – The dollar gained on Thursday as rising geopolitical tensions drove a safe-haven boost, while the British pound fell after the Bank of England cut interest[...]
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Central banks are turning the ship, but their path is unclear
By Howard Schneider and David Milliken WASHINGTON/LONDON (Reuters) – Decisions by major central banks this week brought the end of pandemic-era monetary policy into closer view, but also highlig[...]
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Venezuela’s oil industry operating normally amid election protests
CARACAS (Reuters) – Venezuela’s oil production and exports were working normally on Thursday following last weekend’s disputed presidential election that has triggered protests and i[...]
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Apple asks US judge to toss antitrust lawsuit
By Jody Godoy (Reuters) -Apple on Thursday asked a U.S. judge to dismiss a lawsuit by federal and state antitrust regulators accusing it of illegally monopolizing the smartphone market, saying the cas[...]
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Spirit forecasts steeper loss on ‘intense competitive battle’ for leisure travelers
By Shivansh Tiwary and Rajesh Kumar Singh (Reuters) -Spirit Airlines on Thursday warned of a steeper loss in the current quarter, citing an “intense competitive battle” for the price-sensi[...]
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Shake Shack shares up after better-than-expected Q2 sales
(Reuters) – Shake Shack shares jumped around 16% after topping market expectations for second-quarter same-store sales, as demand for its burgers and chicken sandwiches stayed robust even as com[...]
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