By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed sharply higher on Thursday, powered by a rebound in recently battered mega-cap growth stocks, while crude oil prices declined as a surge o[...]
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Economy
Analysis-Is the party over? Mexico’s peso could lose solid gains in 2023
By Noe Torres MEXICO CITY (Reuters) – Mexico’s peso, which is ending 2022 with one of its strongest performances in a decade, could have its gains wiped out in 2023 after an expected end t[...]
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FTX customers ask bankruptcy court to keep their names secret
By Dietrich Knauth (Reuters) – A group of FTX customers from outside the United States have asked a U.S. bankruptcy judge to keep their names secret during the cryptocurrency exchange’s ba[...]
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Senator wants U.S. to pause implementation of new electric vehicle tax credits
(Reuters) – Senate Energy and Natural Resources Committee chair Joe Manchin on Thursday urged the U.S. Treasury to pause implementation of commercial and consumer electric vehicle tax credits. T[...]
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Dollar slides as traders weigh China outlook, U.S. jobless claims
By Hannah Lang WASHINGTON (Reuters) – The dollar slipped on Thursday with investors on edge at the end of the year as initial optimism over China’s reopening fizzled out and as markets pro[...]
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Ecuador insecurity, drug crime hitting exporters -business group
GUAYAQUIL (Reuters) – Insecurity in Ecuador is hurting the Andean country’s exports of products like bananas and shrimp, an exporters association said, amid assaults on shipping containers[...]
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European shares rise; China’s COVID surge quells risk appetite
By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) – European shares closed higher on Thursday, with technology stocks leading gains, buoyed by Wall Street cheer after U.S. jobless data ease[...]
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Jobless benefits rolls grow but U.S. labor market remains resilient
By Dan Burns (Reuters) -The number of Americans filing new claims for unemployment benefits edged higher last week and a week earlier the total number on jobless assistance reached the highest since F[...]
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Italy says goal in exiting MPS is having several big banks
By Valentina Za and Giuseppe Fonte MILAN (Reuters) -Italy will work to exit the capital of bailed-out lender Monte dei Paschi di Siena with a view to having several large banking groups in the country[...]
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