By Hannah Lang WASHINGTON (Reuters) – The dollar was on track to post its best year since 2015 on Friday in the last trading day of a year dominated by Federal Reserve rate hikes and fears of a[...]
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Business
Stumbling Treasury rally clouds bond market outlook for 2023
By Davide Barbuscia NEW YORK (Reuters) – U.S. government bond investors hurting after the biggest annual decline in the history of the asset class are riding out yet another selloff, as worries[...]
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Chevron sending two oil tankers to Venezuela under U.S. approval
By Marianna Parraga HOUSTON (Reuters) -U.S. oil company Chevron Corp is sending two oil tankers to Venezuela, one of which will load the first cargo of crude destined for the United States in nearly f[...]
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First pre-trial hearing in Microsoft-Activision case set for Jan. 3
WASHINGTON (Reuters) – A judge has set Jan. 3 for the first pre-trial hearing in the Biden administration’s case against Microsoft over its $69 billion bid to take over “Call of Duty[...]
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Russia outlines plan for ‘unfriendly’ investors to sell up at half-price
MOSCOW (Reuters) – Foreign investors from “unfriendly” countries selling stakes in Russian assets may have to do so at half-price or less, the finance ministry said on Friday, with t[...]
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Apple CEO Cook conveyed app store curb concerns to Japan PM – Nikkei
(Reuters) – Apple Inc Chief Executive Tim Cook asked Japanese Prime Minister Fumio Kishida to consider protecting users when regulating distribution of smartphone apps, Nikkei reported on Friday[...]
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European shares fall, record worst year since 2018
By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) – European shares slipped in the last trading day of a rough year marked by geopolitical tensions and fears of a recession as central banks[...]
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China’s Huawei sees ‘business as usual’ as U.S. sanctions impact wanes
By Josh Horwitz SHANGHAI (Reuters) – Chinese tech giant Huawei Technologies Co Ltd estimated on Friday its 2022 revenue remained flat, suggesting that its sales decline due to U.S. sanctions had[...]
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Analysis-Chinese airlines primed to take advantage of border opening
By Jamie Freed and Sophie Yu SYDNEY/BEIJING (Reuters) – Chinese airlines will be the early winners of the country’s international reopening, analysts say, having kept most widebody planes[...]
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