By Marcela Ayres RIO DE JANEIRO (Reuters) -The world’s 20 biggest economies (G20) agreed on Thursday to work together to ensure the ultra rich are effectively taxed, in a declaration that seeks[...]
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July 25, 2024
S&P, Nasdaq end lower in fickle trading, megacap trend uncertain
By David French (Reuters) -The S&P 500 and Nasdaq Composite ended a fickle session weaker on Thursday, failing to regain ground lost in the previous day’s tech-triggered sell-off as investor[...]
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Volkswagen is reeling in China. Can EVs help it grow in the US?
By Victoria Waldersee, Joseph White BERLIN (Reuters) -When Volkswagen Group last month invested $5 billion in U.S. electric truck-and-SUV maker Rivian, the startup’s shares soared on the cash in[...]
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Rio Tinto, BYD and LG Energy show interest in Chile’s Altoandinos lithium site
SANTIAGO (Reuters) -Twelve companies including global miner Rio Tinto and Chinese electric vehicle maker BYD have submitted proposals to extract lithium in Chile’s Altoandinos salt flats, the st[...]
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Dolce&Gabbana CEO ready to open capital to new investors
MILAN (Reuters) – Dolce&Gabbana is ready to consider opening up its capital to new investors either through a listing or other routes, the Italian fashion house’s CEO said. “We a[...]
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Exclusive-Declining Mexican crude output could shatter energy independence dream
By Stefanie Eschenbacher MEXICO CITY (Reuters) – Mexico’s incoming President Claudia Sheinbaum will likely face a new challenge fulfilling the dream of energy independence that led her pre[...]
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Ford slips as higher costs, EV unit take a toll on profit growth
By Gokul Pisharody (Reuters) – Ford Motor’s shares tumbled over 13% to a near six-month low on Thursday after the automaker missed second-quarter profit estimates, as it struggles with qua[...]
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Epic Games says Fortnite returning to iOS in EU, leaving Samsung app store
(Reuters) -Videogame company Epic Games said on Thursday its popular title “Fortnite” will be returning to Apple’s iOS systems in the European Union soon, amid a long-winded legal ba[...]
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Dexcom shares plunge after it cuts annual revenue forecast
(Reuters) – Medical device maker Dexcom cut its annual revenue forecast on Thursday, blaming a restructuring of its sales team, fewer customers, and lower revenue from each customer, sending its[...]
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