By Kanishka Singh and Anna Tong WASHINGTON (Reuters) -Billionaire Elon Musk said on Wednesday he thinks China is interested in a cooperative international framework on artificial intelligence, from co[...]
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Politics
Exclusive-China’s Qingdao sets up firm to bail out its local govt financing arms-sources
By Samuel Shen and Tom Westbrook (Reuters) – Qingdao city in China’s debt-laden Shandong province has set up a company to bail out its cash-strapped local government financing vehicles (LG[...]
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FTC to appeal judge’s decision to let Microsoft buy Activision
By Diane Bartz WASHINGTON (Reuters) -The U.S. Federal Trade Commission (FTC) said on Wednesday it was appealing a federal judge’s ruling that Microsoft could go forward with its $69 billion purc[...]
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Arizona man who joined Jan. 6 ‘Stop the Steal’ rally sues Fox News for defamation
By Helen Coster, Tom Hals and Jack Queen NEW YORK (Reuters) – An Arizona man filed a defamation lawsuit against Fox News on Wednesday, alleging the network spread a conspiracy theory that he pla[...]
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US lawmakers seek to lower biofuel blending compliance costs
By Stephanie Kelly NEW YORK (Reuters) – A bipartisan group of U.S. lawmakers introduced legislation this week directing the Biden administration to allow oil refiners to purchase compliance cred[...]
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Steve Bannon, Michael Flynn must answer questions in Smartmatic US defamation case
By Jack Queen (Reuters) – Steve Bannon and Michael Flynn, two allies of former U.S. President Donald Trump, must answer questions under oath in voting technology company Smartmatic’s defam[...]
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Bank of Canada hikes rates, says prepared to raise them further
By Steve Scherer and Ismail Shakil OTTAWA (Reuters) -The Bank of Canada on Wednesday hiked its key overnight rate by a quarter of a percentage point to a 22-year high of 5.0%, and said it could raise[...]
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Bank of Canada hikes growth forecast and says inflation slowing only gradually
OTTAWA, July 12 (Reuters)-The Bank of Canada (BoC) on Wednesday raised its growth forecast for this year to 1.8%, up from the 1.4% predicted in April, as excess demand continues feed underlying inflat[...]
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Marketmind: Dollar swoons in upbeat inflation vigil
A look at the day ahead in U.S. and global markets from Mike Dolan World markets leaned positively into another critical U.S. inflation report later on Wednesday, seeding a dollar slide to two-month l[...]
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