(This Nov. 18 story has been corrected to say workers will be offered support by the company, not necessarily new jobs in paragraph 5) BERLIN (Reuters) – A manual transmission plant owned by Vol[...]
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Economy
Germany plans to tighten rules for firms highly dependent on China – document
By Andreas Rinke BERLIN (Reuters) – Germany’s foreign ministry plans to tighten the rules for companies deeply exposed to China, making them disclose more information and possibly conduct[...]
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FTX begins strategic review, seeks court relief to pay critical vendors
(Reuters) – Collapsed crypto exchange FTX said on Saturday it has launched a strategic review of its global assets and is preparing for the sale or reorganisation of some businesses. FTX, along[...]
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FTX fires three of its top executives – WSJ
(Reuters) -Cryptocurrency exchange FTX, which recently filed for U.S. bankruptcy court protection, has fired three of its top executives, including co-founder Gary Wang, the Wall Street Journal report[...]
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737 MAX crash victim families press U.S. on Boeing settlement
By David Shepardson WASHINGTON (Reuters) – Relatives of passengers killed in two Boeing 737 MAX crashes pressed U.S. Justice Department lawyers on Friday to unwind a 2021 deal that allowed the U[...]
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Elon Musk asks Twitter users to vote on reinstatement of Trump
(Reuters) – Elon Musk posted a poll on Twitter on Friday evening asking users to vote on whether former U.S. President Donald Trump, who was banned from the social media site by its previous own[...]
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U.S. autonomous delivery vehicle startup Nuro cuts staff by 20%
(Reuters) – Autonomous delivery vehicle maker Nuro is laying off about 20% of its workforce after admitting that rapid hiring in the past year was a mistake, the company’s co-founders wrot[...]
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S&P 500 ends higher, led by defensive shares
By Lewis Krauskopf, Ankika Biswas and Amruta Khandekar (Reuters) – Wall Street’s benchmark S&P 500 index ended higher on Friday in a choppy trading session, as gains in defensive share[...]
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Fed’s Collins: Another 75-bps hike could be ahead
By Michael S. Derby BOSTON (Reuters) -Federal Reserve Bank of Boston leader Susan Collins said on Friday that with little evidence price pressures are waning, the Fed may need to deliver another 75-ba[...]
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