WASHINGTON (Reuters) -A U.S. appeals court on the West Coast opened a docket on Thursday on the U.S. Federal Trade Commission’s effort to overturn its loss trying to stop Microsoft from buying[...]
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Business
Swiss parliament starts investigation into Credit Suisse collapse
By Noele Illien and John Revill BERN (Reuters) -A Swiss parliamentary investigation into the role played by state institutions in the collapse and emergency rescue of Credit Suisse will take 12 to 15[...]
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Associated Press, OpenAI partner to explore generative AI use in news
(Reuters) -The Associated Press is licensing a part its archive of news stories to OpenAI under a deal that will explore generative AI’s use in news, the companies said on Thursday, a move that[...]
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Viasat shares near record daily plunge after satellite fails to deploy
By Chibuike Oguh NEW YORK (Reuters) – Shares in Viasat plunged by as much as 36% to about a one-year low on Thursday after the U.S. satellite communications firm disclosed that one of its key sa[...]
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Explainer-How big oil won the bidding for German offshore wind sites
By Vera Eckert and Susanna Twidale FRANKFURT/LONDON (Reuters) – Energy majors BP and TotalEnergies have won a 7 gigawatt (GW) offshore wind site auction in Germany worth a record 12.6 billion eu[...]
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Brazil economic team supports interest rate cut of more than 25bps
By Bernardo Caram and Rodrigo Viga Gaier BRASILIA/RIO DE JANEIRO (Reuters) -Leading members of Brazil’s economic team said on Thursday they predict the central bank has room to cut its benchmark[...]
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US producer inflation muted; labor market still tight
By Lucia Mutikani WASHINGTON (Reuters) – U.S. producer prices barely rose in June and the annual increase in producer inflation was the smallest in nearly three years, further evidence that the[...]
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Bank of Canada’s record tightening campaign exposes lenders’ mortgage risks
By Nivedita Balu TORONTO (Reuters) – The Bank of Canada’s interest rate hike on Wednesday and prospects of more increases heighten risks to mortgage lenders as homeowners are likely stay i[...]
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Alphabet shares soar after it expands AI chatbot internationally
By Bansari Mayur Kamdar (Reuters) – Shares in Google parent Alphabet Inc were up 4.9% on Thursday after it said it was rolling out its artificial-intelligence chatbot Bard in Europe and Brazil,[...]
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