By Shariq Khan BENGALURU (Reuters) -Oil prices settled 1% higher on Thursday, extending a recent rally built around rising Chinese demand, while the market wrote off a second straight week of large bu[...]
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Updated
Musk trial: lawyers clash over whether CEO lied in 2018 Tesla tweet
By Jody Godoy SAN FRANCISCO (Reuters) -Tesla Inc CEO Elon Musk “lied” when he said that funding was “secured” to take the company private, a lawyer for Tesla investors said on[...]
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Amazon workers’ union victory upheld by U.S. labor board director
By Jeffrey Dastin (Reuters) -A U.S. labor board director has upheld Amazon.com Inc workers’ landmark union victory at a warehouse in New York, according to a decision issued Wednesday, bringing[...]
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Logitech shares sink as it cuts sales outlook after weak quarter
ZURICH (Reuters) -Logitech International on Thursday reported lower earnings and sales between October and December and cut its sales outlook, sending its shares down by almost a fifth in opening trad[...]
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New Jersey, Ohio join other states in banning TikTok from state devices
By David Shepardson WASHINGTON (Reuters) – New Jersey and Ohio said on Monday they were joining other states in banning use of the popular video app TikTok on government-owned and managed device[...]
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Oil dives 4%, trade choppy on worries about China, global economy
By Arathy Somasekhar HOUSTON (Reuters) – Oil prices tumbled 4% in volatile trade on Tuesday, pressured by weak demand data from China, a gloomy economic outlook and a stronger U.S. dollar. Brent[...]
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Sam Bankman-Fried pleads not guilty in FTX fraud case; October trial set
By Jack Queen and Luc Cohen NEW YORK (Reuters) -Sam Bankman-Fried pleaded not guilty on Tuesday to criminal charges that he cheated investors in his now-bankrupt FTX cryptocurrency exchange and caused[...]
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Macau casinos deal themselves a tough hand with big non-gaming investment pledges
(This Jan. 2 story has been refiled to correct Melco’s name and stock symbol in the second paragraph) By Farah Master HONG KONG (Reuters) – As casinos in Macau begin new licenses to operat[...]
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Wall St starts the year with a dip; Apple, Tesla shares drag
By Sinéad Carew and Amruta Khandekar (Reuters) – Wall Street’s main indexes closed lower on the first trading day of 2023 with the biggest drags from Tesla and Apple, while investors worri[...]
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