By Anirban Sen and Diane Bartz NEW YORK/WASHINGTON (Reuters) -Investment bankers and deal lawyers accustomed to regulatory hurdles to their mergers face an unprecedented challenge under U.S. President[...]
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Business
Bankman-Fried’s criminal case assigned to judge in Trump, Prince Andrew cases
By Tom Hals and Jonathan Stempel (Reuters) -Sam Bankman-Fried’s criminal case over the collapse of his FTX cryptocurrency exchange has been reassigned to a judge recently known for handling defa[...]
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Tesla used car price bubble pops, weighs on new car demand
By Hyunjoo Jin and Nivedita Balu SAN FRANCISCO (Reuters) – Tesla buyers who waited months for their new car have had an unusual choice for much of the past two years: keep the new electric vehic[...]
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Oil steady as U.S. output ramps up after freeze, China eases COVID curbs
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices were steady after hitting a three-week high on Tuesday as restarts at some U.S. energy plants shut by winter storms offset gains stemming from hopes[...]
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Dollar flat as investors digest China’s loosening of COVID rules
By Hannah Lang WASHINGTON (Reuters) – The dollar was flat on Tuesday after China said it would scrap its COVID-19 quarantine rule for inbound travelers – a major step in reopening its bord[...]
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European shares end higher on China recovery optimism
By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) -European shares closed a touch higher on Tuesday as China relaxing its COVID-19 curbs more raised hopes of a recovery in the world’s secon[...]
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Spain announces $10.6 billion package to ease inflation pain
MADRID (Reuters) -Spain on Tuesday announced 10 billion euros ($10.65 billion) worth of measures to ease the pain of inflation in the third major package this year, bringing total aid to 45 billion eu[...]
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Exclusive-Tesla to run reduced output in Shanghai in January, plan shows
SHANGHAI (Reuters) – Tesla plans to run a reduced production schedule at its Shanghai plant in January, extending the reduced output it began this month into next year, according to an internal[...]
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Analysis-Wood’s ARK slammed by higher interest rates in 2022 along with other growth funds
By David Randall NEW YORK (Reuters) -Cathie Wood’s ARK Innovation Fund, which more than doubled during the pandemic rally, is on pace to finish near the very bottom of all U.S. mutual funds in 2022 af[...]
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