By Wayne Cole SYDNEY (Reuters) -Australian wages boasted the largest rise in a decade last quarter as a super-tight labour market finally made itself felt, though pay still lags far behind inflation i[...]
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Articles
Jobless rate rises as UK prepares to tighten belts again
By William Schomberg LONDON (Reuters) -Britain’s unemployment rate unexpectedly rose and vacancies fell for a fifth report in a row as employers worried about the outlook for the economy, offici[...]
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Intel hit with $949 million U.S. verdict in VLSI computer chip patent trial
By Blake Brittain (Reuters) -A federal jury in Texas on Tuesday said Intel Corp must pay VLSI Technology LLC $948.8 million for infringing a VLSI patent for computer chips. VLSI, a patent-holding comp[...]
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Musk to relaunch Twitter’s blue check subscription on Nov 29
(Reuters) -Billionaire Elon Musk said on Tuesday that Twitter’s sought-after blue check subscription service will be relaunched on Nov. 29, a minor delay from his initial tentative timeline to b[...]
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Wall Street gains on inflation data, but rocky on geopolitics
By Lewis Krauskopf, Amruta Khandekar and Ankika Biswas (Reuters) – Wall Street’s main indexes gained on Tuesday, shaking off an unconfirmed report of Russian missiles crossing into Poland[...]
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Estee Lauder to buy fashion label Tom Ford in $2.8 billion deal
(Reuters) -Estee Lauder Cos Inc said on Tuesday it agreed to buy U.S. fashion label Tom Ford for $2.8 billion, its biggest deal yet, adding a line of beauty products and apparel to the Clinique brand[...]
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Trump’s ex-CFO, at tax fraud trial, says company reaped big savings with perks
By Karen Freifeld and Luc Cohen NEW YORK (Reuters) -Former U.S. President Donald Trump’s namesake company saved hundreds of thousands of dollars by paying longtime executive Allen Weisselberg[...]
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Cuba seeks to drum up foreign investment despite crisis
By Marc Frank and Nelson Acosta HAVANA (Reuters) – Cuba on Tuesday said it had signed 30 foreign investment deals valued at around $400 million this year, more than in 2021 but far short of pre-[...]
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Apple prepares to source chips from Arizona plant – Bloomberg News
(Reuters) – Apple Inc is preparing to begin sourcing chips for its devices from a plant under construction in Arizona in the United States, Bloomberg News reported on Tuesday. The company may al[...]
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Fitch downgrades Telecom Italia to ‘BB-‘
(Reuters) -Ratings agency Fitch on Tuesday downgraded Telecom Italia’s credit rating to ‘BB-‘ from ‘BB,’ citing insufficient debt reduction in 2022. Fitch said its outloo[...]
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