By Saqib Iqbal Ahmed NEW YORK (Reuters) – Donald Trump last week became the first former president convicted of a felony, but Wall Street believes he still has a solid chance of winning the Nove[...]
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June 3, 2024
Arm expects 100 billion Arm devices will be ready for AI by end of 2025
TAIPEI (Reuters) – British chip designer Arm Holdings expects 100 billion Arm devices worldwide will be ready for artificial intelligence by the end of next year, the company’s chief execu[...]
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Blackstone set to sweeten Hipgnosis offer as part of revised bid, FT reports
(Reuters) -Blackstone will sweeten its offer for Hipgnosis Songs Fund by a cent to $1.31 from $1.30 as part of a revised bid that would value the firm at nearly at $1.6 billion, the Financial Times re[...]
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Morning Bid: Markets in upbeat mood as factories hum
By Wayne Cole (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Share markets have started the week in a positive mood, helped in part by signs of accelerating[...]
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OPEC+ extends deep oil production cuts into 2025
By Ahmad Ghaddar, Alex Lawler and Maha El Dahan LONDON/DUBAI (Reuters) -OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid[...]
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Australia lifts minimum wage as families grapple with higher living costs
SYDNEY (Reuters) – Australia’s independent wage-setting body on Monday raised the national minimum wage by 3.75%, largely in line with inflation, as families tackle soaring living costs. T[...]
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Washington Post executive editor Sally Buzbee steps down
(Reuters) – The executive editor of the Washington Post, Sally Buzbee, the first woman to lead the newspaper’s newsroom, has stepped down from her role, the publication said on Sunday. Mat[...]
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Revised Skydance offer would let Paramount shareholders cash out at $15/shr, WSJ reports
(Reuters) -Skydance Media last week revised its offer for Paramount Global to buy up to a certain number of non-voting Paramount shares at $15 each, the Wall Street Journal reported on Sunday citing p[...]
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South Korea factory activity expands at fastest pace in two years
By Jihoon Lee SEOUL (Reuters) – South Korea’s factory activity expanded in May at the fastest pace in two years on stronger growth in output and orders thanks to broadening global demand,[...]
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