By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new applications for jobless benefits slipped last week, but re-employment opportunities for laid-off workers are becoming[...]
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US regulator finds banks have work to do on climate risk, sources say
By Isla Binnie and Nupur Anand NEW YORK (Reuters) – A top U.S. banking regulator has found that major lenders are in the early stages of assessing and managing the risks climate change poses to[...]
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Instant view: No surprises from US PCE inflation to alter Fed easing path
(Reuters) – The personal consumption expenditures (PCE) price index rose 0.2% last month after an unrevised 0.1% gain in June, the Commerce Department said on Friday, matching economists’[...]
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China’s market regulator says e-commerce giant Alibaba has completed three-year ‘rectification’ period
SHANGHAI (Reuters) – China’s State Administration of Market Regulation issued a statement on Friday saying Alibaba Group had completed three years “rectification” following a f[...]
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Thyssenkrupp works council says steel leadership crisis puts sale at risk
By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) – Thyssenkrupp’s planned sale of its steel business is at risk over uncertainty following a leadership crisis at the[...]
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Global bond funds gain solid inflows amid rate-cut expectations, Middle East tensions
(Reuters) – Global bond funds attracted the biggest weekly inflow in six weeks in the seven days to Aug. 28, buoyed by heightened purchases of government bonds amid anticipation of a September F[...]
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Dell shares jump as AI server demand boosts results, forecasts
(Reuters) – Shares of Dell Technologies rose 6% in premarket trading on Friday, after robust demand for its artificial intelligence-powered servers propelled the company to raise its full-year e[...]
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Oil prices face pressure from slow China demand and inventory rise – Reuters poll
By Anushree Ashish Mukherjee (Reuters) – Analysts have lowered their 2024 oil price outlook due to weak fuel demand from leading importer China and rising inventory levels as Saudi Arabia and OP[...]
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Country Garden delays 2023 annual results again
(Reuters) -China’s largest property developer Country Garden on Friday further delayed the release of its 2023 financial results, as it needed more time amid an ongoing debt restructuring. The f[...]
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