By Ann Saphir (Reuters) -Federal Reserve policymakers may take some comfort from data on Friday showing a key gauge of inflation cooling in February, but it’s far from clear if it marks enough h[...]
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Business
Mercedes amps up renewable energy switch with Iberdrola wind deal
By Victoria Waldersee and Ilona Wissenbach BERLIN (Reuters) -Mercedes-Benz said on Thursday it had signed a power purchase agreement (PPA) with Spain’s Iberdrola for 140 megawatts (MW) of wind e[...]
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Ongoing supply shortages threaten U.S. infrastructure and war efforts
By Lisa Baertlein LOS ANGELES (Reuters) – Manufacturers of everything from pickup trucks to homes are still grappling with tight supplies of microchips and cement – shortages that could tr[...]
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Russia forces foreign firms to pay into budget as they leave
MOSCOW (Reuters) – Foreign investors from “unfriendly” countries selling assets in Russia will be obliged to donate at least 10% of the sale price to the Russian budget, making life[...]
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Parts of Twitter source code leaked online, court filing shows
(Reuters) – Some parts of Twitter Inc’s source code have been leaked and the social media platform owned by billionaire Elon Musk is seeking information on the person responsible, a legal[...]
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High & Dry: Banking crisis to further choke funding for cannabis sector
By Mrinalika Roy (Reuters) – The global banking turmoil threatens to squeeze U.S. cannabis companies already struggling with meager funding sources by drying up support from regional lenders and[...]
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Central bank tests spur global instant payment hopes
LONDON (Reuters) – A year of tests run by central banks in Italy, Malaysia and Singapore have spurred hopes for a global instant payments network accessible at the tap of a mobile phone. The abi[...]
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Nike sneakers fuel sales beat, excess apparel stocks still a drag
By Ananya Mariam Rajesh (Reuters) -Nike raised its full-year revenue outlook on Tuesday after reporting quarterly results that beat estimates, but warned of margin pressures as it continues to get rid[...]
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Tesla to deliver strong Q1 retail sales in China – brokerage data
SHANGHAI (Reuters) – Tesla is poised to report one of its best quarters in China, the latest retail sales data showed, after becoming the first electric vehicle maker in the country to cut price[...]
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