By Aditya Kalra and Nikunj Ohri NEW DELHI (Reuters) -An Indian tax agency has found that British insurer Aviva breached local regulations capping commissions to sales agents with a system of fake invo[...]
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Lululemon to fast-track hot new styles after ‘Breezethrough’ fiasco
By Savyata Mishra (Reuters) -Lululemon Athletica on Thursday promised to fast-track hot styles to the market, after embarrassing reviews of its “Breezethrough” leggings prompted the pricey[...]
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Disney and DirecTV aim to renew deal ahead of NFL season
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) – Walt Disney and satellite TV provider DirecTV are racing to renew their distribution agreement before the current pact expires on Su[...]
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Morning Bid: Record highs abound, except in usual place
A look at the day ahead in U.S. and global markets from Mike Dolan Record stock market highs have lit up across the world once again – though not yet for the usual suspects in the S&P500 and[...]
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Exclusive-Amazon turns to Anthropic’s Claude for Alexa AI revamp
By Greg Bensinger SAN FRANCISCO (Reuters) – Amazon’s revamped Alexa due for release in October ahead of the U.S. holiday season will be powered primarily by Anthropic’s Claude artifi[...]
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Apple, Nvidia in talks to join OpenAI funding round, media reports say
(Reuters) -Apple and chip giant Nvidia are reportedly in talks to invest in OpenAI as part of a new fundraising round that could value the ChatGPT maker above $100 billion, according to media reports[...]
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China state banks buying dollars amid rapid yuan gains, sources say
SHANGHAI/BEIJING (Reuters) – Major state-owned banks were buying dollars in China’s onshore foreign exchange market on Friday to slow down a rising yuan, four people with knowledge of the[...]
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China’s home price outlook for 2024, 2025 worsens: Reuters poll
By Liangping Gao and Ryan Woo BEIJING (Reuters) – China’s home prices will fall at a faster pace that previously forecast this year and next, a Reuters poll showed, as support policies fro[...]
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China’s factory activity seen extending declines in Aug – Reuters poll
By Joe Cash BEIJING (Reuters) – China’s factory activity likely shrank for a fourth month in August, a Reuters poll showed on Friday, reinforcing the need for officials to direct more stim[...]
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