SAN FRANCISCO (Reuters) – Automobile owners in the United States are holding on to their vehicles longer, according to a new study, even as major supply disruptions caused by the COVID pandemic[...]
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May 22, 2024
Brazilian court rules against Petrobras in $193 million tax case
SAO PAULO (Reuters) – Brazil’s Superior Court of Justice has denied state-run oil company Petrobras an appeal against the collection of some 987 million reais ($192.68 million) in taxes, t[...]
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European shares to hit pause before rising again in 2025: Reuters poll
By Danilo Masoni and Samuel Indyk MILAN (Reuters) – A record-breaking run in European shares has made them more vulnerable to possible pull-backs in the latter part of 2024, although the region[...]
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Fed shifts talk to ‘scenarios’ as policy grows less certain
By Howard Schneider WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell said in a May 1 press conference he didn’t want to talk about economic “hypotheticals,” but that[...]
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Amazon Web Services to invest $17.02 billion in data centres in Spain
MADRID (Reuters) -Tech giant Amazon’s cloud computing unit AWS will invest 15.7 billion euros ($17.02 billion) in data centres in Spain’s northeastern Aragon region, it said on Wednesday,[...]
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Japan’s Kishida makes public push on capital market reforms
By Anton Bridge TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida made a public push to woo foreign investment on Wednesday, pledging further capital market reforms and promoting asset management[...]
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‘The Algebra of Wealth’: Professor Galloway’s fiscal formula
By Chris Taylor NEW YORK (Reuters) – Open most personal finance books, and you will find the usual tips like how to maximize credit card rewards or get a bank fee waived. But to create a life of[...]
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Morning bid: Nvidia nears, UK CPI lunge misses target
A look at the day ahead in U.S. and global markets from Mike Dolan While the inflation and interest rate world continues to throw up unpleasant surprises, it’s hard to imagine much of a shift in[...]
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China takes measures against 12 U.S. military-linked firms
BEIJING (Reuters) – China said on Wednesday it had taken measures against 12 companies involved in the U.S. military-industrial complex and their senior executives, in response to the U.S. armin[...]
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