By Rocky Swift and Maki Shiraki TOKYO (Reuters) -Seven & i Holdings turned the humble 7-Eleven store into a popular food destination in Japan by serving up fresh sandwiches, rice balls and rows of[...]
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August 22, 2024
Stocks decline and dollar rebounds as Fed readies rate cuts
By Lawrence Delevingne (Reuters) -Stocks fell and the dollar gained on Thursday as traders digested fresh economic data and awaited confirmation from the U.S. Federal Reserve on Friday that it will so[...]
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Wall St ends lower as tech shares weigh; Jackson Hole in focus
By Stephen Culp NEW YORK (Reuters) -All three major U.S. stock indexes lost ground on Thursday, weighed by technology shares, as Treasury yields rose on easing recession fears and global central bank[...]
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Skydance asks Paramount to stop negotiating with Bronfman, WSJ reports
(Reuters) -Skydance Media is accusing Paramount Global’s special committee of directors of breaching the terms of its deal by extending the period of time when it can engage with other bidders,[...]
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GM’s Cruise to offer robotaxis on Uber’s platform from next year
By Juby Babu and Abhirup Roy SAN FRANCISCO (Reuters) -Cruise will offer its autonomous vehicles on ride-hailing platform Uber starting next year, the companies said on Thursday, as the General Motors-[...]
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Perplexity AI to launch ads on search platform by fourth quarter
(Reuters) – Nvidia and Jeff Bezos-backed Perplexity AI said on Thursday that it plans to introduce advertising on its artificial intelligence-powered search platform by the fourth quarter. Last[...]
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Morning Bid: Dollar strikes back, Japan in spotlight
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Japanese inflation and monetary policy are under the spotlight in Asian trading on Friday, as a mood of nervous anticipati[...]
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What to look for at Fed’s Jackson Hole symposium
By Ann Saphir (Reuters) – Central bankers from around the world fly into Jackson Hole, Wyoming, this week to attend what has become the globe’s premier economic gathering, the Kansas City[...]
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Fed policymakers flag rate cuts as job market cools
By Ann Saphir and Michael S. Derby JACKSON HOLE, Wyoming (Reuters) -Federal Reserve policymakers on Thursday lined up in support of U.S. interest-rate cuts starting next month now that inflation is we[...]
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