(Reuters) – Nikola beat Wall Street expectations for second-quarter revenue and posted a smaller-than-expected adjusted loss on Friday, signaling an uptick in deliveries of its hydrogen big rigs[...]
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August 9, 2024
Global investors pour into money market funds amid market volatility
(Reuters) – Global investors funnelled substantial amounts into money market funds in the seven days to Aug. 7 as they rushed for safety amid a surge in market volatility triggered by fears of a[...]
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Asia spot LNG prices remain at 7-month high amid Russian supply concerns
By Marwa Rashad LONDON (Reuters) – Asian spot liquefied natural gas (LNG) prices remained at their highest level in over seven months, tracking European gains amid concerns over supply disruptio[...]
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China Evergrande’s liquidators ask investors to join restructuring process
(Reuters) -China Evergrande’s liquidators have invited investors interested in restructuring the heavily indebted property developer or any of its parts, it said in a filing on Friday. The move[...]
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Perrigo recalls 16,500 cans of its infant formula
(Reuters) – Perrigo has initiated a voluntary recall of three lots within one batch, or 16,500 cans, of its infant formula sold at H-E-B Grocery Company and CVS, a regulatory filing showed on Fr[...]
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Morning Bid: Ebbing jobs fear sees calmer market waters
A look at the day ahead in U.S. and global markets from Mike Dolan The first reality check on July’s jarring U.S. employment report suggests rising recession fears were overstated, allowing stoc[...]
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Markets may be waving, not drowning :Mike Dolan
By Mike Dolan LONDON (Reuters) -What looks like a financial market in disarray may instead just be normalization that will ultimately help insulate investment portfolios rather than sending them to th[...]
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Lufthansa’s Discover clinches first wage deal amid strike threat
BERLIN (Reuters) -Lufthansa’s leisure subsidiary Discover Airlines has agreed to increase wages for cockpit and cabin staff, marking its first collective bargaining agreement since it began oper[...]
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China’s July bank lending set to dip, keeps Beijing focused on policy support: Reuters poll
BEIJING (Reuters) – China’s new yuan loans likely fell sharply in July from the previous month, a Reuters poll showed on Friday, dragged down by tepid credit demand and seasonal factors ev[...]
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