(Reuters) -The United Auto Workers (UAW) union launched simultaneous strikes at three factories owned by General Motors, Ford and Chrysler parent Stellantis on Friday, kicking off the most ambitious U[...]
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Newsletter
Argentina inflation hits 124% as cost-of-living crisis sharpens
By Miguel Lo Bianco and Jorge Otaola BUENOS AIRES (Reuters) -Argentina’s annual inflation rate shot up to 124.4% in August and hit its highest level since 1991, stoking a painful cost-of-living[...]
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China to avoid ‘Lehman moment’ despite property woes, Goldman says
By Saeed Azhar NEW YORK (Reuters) – The Chinese government’s support of banks hit by property woes will enable it to avert a financial crisis like the one in 2008 that was precipitated by[...]
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US small business sentiment falls for first time in 4 months -NFIB
By Amina Niasse NEW YORK (Reuters) – U.S. small business sentiment declined last month for the first time since April on continued concern over inflation and difficulty finding quality labor, a[...]
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Analysis-For retail investors, jumping on Arm’s blockbuster IPO is a risky business
By Noel Randewich and Hannah Lang (Reuters) -Retail traders getting their first bite at Arm Holdings’ highly anticipated public offering when the British chip designer begins trading this week s[...]
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US Treasury to issue more clean energy tax credit guidance by year-end
By David Lawder WASHINGTON (Reuters) – The U.S. Treasury said on Friday it will provide guidance on additional clean energy tax incentives before the end of 2023, including a provision aimed at[...]
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Stellantis sees long road ahead for internal combustion engine cars
By Giulio Piovaccari MILAN (Reuters) – Carmaker Stellantis believes internal combustion engine (ICE) vehicles could be on the road until 2050, making it necessary to contain their carbon emissio[...]
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Roark Capital to buy sandwich chain Subway for up to $9.55 billion -sources
(This Aug. 24 story has been corrected to add that Barclays co-led the financing in paragraph 20) By Abigail Summerville, Anirban Sen and Deborah Mary Sophia NEW YORK (Reuters) – Private equity[...]
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Dollar rises to six-month high after US data; weak yen prompts warning
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar climbed to a six-month peak on Wednesday, reversing earlier losses, after U.S. data showed the services sector surprisingly picked up[...]
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