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Europe

Exclusive-Mondelez ‘singled out’ in boycott over Russia business-memo

BY Reuters  • June 16, 2023June 16, 2023
NEW YORK (Reuters) – Mondelez International’s Europe president said Thursday that the Milka chocolate bar-maker was being “singled out and treated differently” from rival compa[...]
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World stocks gauge pauses after big run, heavy central bank week

BY Reuters  • June 16, 2023June 16, 2023
By Lewis Krauskopf and Amanda Cooper NEW YORK/LONDON (Reuters) – A gauge of global stock markets took a breather on Friday after a run to 14-month highs, while the U.S. dollar headed for its big[...]
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Asia Australia Business Economy Europe Top News Updated US

Oil gains for the week as supply cuts balance demand concerns

BY Reuters  • June 16, 2023June 16, 2023
By Stephanie Kelly NEW YORK (Reuters) -Oil rose on Friday and posted a weekly gain, as higher Chinese demand and OPEC+ supply cuts lifted prices, despite expected weakness in the global economy and th[...]
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Asia Business Economy Europe Middle East UK Updated US

Cargill enters dispute for Brazil soy crusher’s assets

BY Reuters  • June 16, 2023June 16, 2023
By Ana Mano SAO PAULO (Reuters) -The Brazilian unit of U.S. grains merchant Cargill has asked a bankruptcy court to halt the auction of two plants owned by soy crusher Imcopa, scheduled for June 27, t[...]
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Asia Business Europe Latin America Updated US

No new questioning of JPMorgan CEO Dimon in Epstein case -US judge

BY Reuters  • June 16, 2023June 16, 2023
By Jonathan Stempel NEW YORK (Reuters) -Jamie Dimon, the chief executive of JPMorgan Chase, will not have to sit for a second deposition in the U.S. Virgin Islands’ lawsuit over the bank’s[...]
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Business Economy Europe Top News UK Updated US

Airbus reveals jet orders and says the supply chain is more stable

BY Reuters  • June 16, 2023June 16, 2023
By Tim Hepher PARIS (Reuters) – Airbus has signed orders this month including 60 A320-family jets with a lessor and 10 A350s with a major airline, said the planemaker’s Chief Commercial Of[...]
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Business Economy Europe Politics UK Updated

Intel to invest $4.6 billion in new chip plant in Poland

BY Reuters  • June 16, 2023June 16, 2023
By Karol Badohal and Supantha Mukherjee WROCLAW, Poland/STOCKHOLM (Reuters) – Intel plans to invest up to $4.6 billion in a new semiconductor assembly and test facility near Wrocław, Poland, as[...]
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Business Economy Europe Technology Updated US

Musk says vehicle autonomy is ‘main driver’ of Tesla value

BY Reuters  • June 16, 2023June 16, 2023
PARIS (Reuters) -Tesla is close to achieving fully autonomous vehicles, CEO Elon Musk said during a visit to Paris on Friday, adding autonomy was the “main driver” of the brand’s mar[...]
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Business Europe Technology Updated US

European shares rise on defensive boost, post best week in 2 months

BY Reuters  • June 16, 2023June 16, 2023
By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European shares closed at a three-week high on Friday, underpinned by luxury and defensive stocks at the end of a week that was dominated by maj[...]
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