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NEWSLETTER

As war grinds on, HSBC halts Russia payments

BY Reuters  • September 8, 2023September 8, 2023
By Iain Withers LONDON (Reuters) – HSBC will halt commercial payments by business customers to and from Russia and Belarus, the bank said on Friday, as lenders tighten restrictions beyond sancti[...]
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NEWSLETTER Uncategorized

Chinese rare earth prices hit 20-month high on Myanmar supply worry

BY Reuters  • September 7, 2023September 7, 2023
BEIJING/HANOI (Reuters) -Chinese rare earth prices jumped to their highest in 20 months, as mining suspension in major producer Myanmar sparked stockpiling ahead of the peak consumption season, analys[...]
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NEWSLETTER Updated

Chevron, unions begin mediation talks to avert Australia LNG strike

BY Reuters  • September 5, 2023September 5, 2023
(This Sept. 4 story has been refiled to remove Chevron executive Freeman Shaheen’s comments) SYDNEY/SINGAPORE (Reuters) – Chevron Australia and unions representing workers at two of the U.[...]
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NEWSLETTER Updated

Wall Street inches higher, Treasury yields rise ahead of US holiday weekend

BY Reuters  • September 1, 2023September 1, 2023
By Stephen Culp NEW YORK (Reuters) – U.S. stock indexes settled for a mixed close and benchmark Treasury yields rebounded after a U.S. jobs report showed an uptick in unemployment, cementing exp[...]
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NEWSLETTER Updated

UBS targets $10 billion in costs, to cut 3,000 jobs after Credit Suisse takeover

BY Reuters  • August 31, 2023August 31, 2023
By Noele Illien and Oliver Hirt ZURICH (Reuters) -UBS embarked on a more than $10 billion cost cutting plan on Thursday, saying it will axe 3,000 jobs in Switzerland alone after swallowing up its stri[...]
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NEWSLETTER Updated

Privacy, market maturity hurdles facing Brazil’s CBDC rollout -cenbank official

BY Reuters  • August 30, 2023August 30, 2023
By Lisa Pauline Mattackal (Reuters) -Maintaining privacy and increasing understanding of blockchain technology are primary issues to solve before Brazil’s central bank digital currency (CBDC) is[...]
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NEWSLETTER Updated

S&P 500 ends sharply higher, jobs data fuels interest rate optimism

BY Reuters  • August 29, 2023August 29, 2023
By Shristi Achar A and Noel Randewich (Reuters) – Wall Street ended sharply higher on Tuesday, lifted by Tesla, Nvidia and other megacap growth stocks after a drop in monthly job openings cement[...]
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NEWSLETTER Updated

Tesla braces for its first trial involving Autopilot fatality

BY Reuters  • August 28, 2023August 28, 2023
By Dan Levine and Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla Inc is set to defend itself for the first time at trial against allegations that failure of its Autopilot driver assistant feature l[...]
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NEWSLETTER Updated

Hawaiian Electric CEO’s bonus lacked incentive to cut wildfire risk, documents show

BY Reuters  • August 25, 2023August 25, 2023
By Tim McLaughlin and Tom Hals (Reuters) – Hawaiian Electric’s CEO received an annual bonus last year tied to profit, worker safety and bolstering the supply of renewable energy, but not linked[...]
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NEWSLETTER Updated
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