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2 weeks ago |
today.westlaw.com | Nate Raymond |Christopher Cushing |Sara Merken
BOSTON (Reuters) - The head of the pro bono practice at Paul, Weiss, Rifkind, Wharton & Garrison said on Wednesday he was resigning from the Wall Street law firm just weeks after it struck a deal with Republican U.S. President Donald Trump to escape...
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2 weeks ago |
today.westlaw.com | Peter Henderson |Christopher Cushing |Anna Tong
SAN FRANCISCO (Reuters) -OpenAI countersued Elon Musk on Wednesday, citing a pattern of harassment by Musk and asking a federal judge to stop Musk from any "further unlawful and unfair action" against OpenAI in a court case over the future structure...
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2 weeks ago |
inspectioneering.com | Mohi Narayan |Nidhi Verma |Christopher Cushing
India's Reliance Industries (RELI.NS) has shut a crude unit and some secondary units for maintenance for 21 days from this week at its 660,000 barrels-per-day domestic market-focussed refinery, trade sources familiar with the matter said.
Reliance, operator of the world's biggest refining complex at Jamnagar in Western Gujarat state, has two refineries at the complex with a combined capacity to process about 1.4 million bpd of crude oil.
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2 weeks ago |
today.westlaw.com | Richard Cowan |Bo Erickson |Alistair Bell |Christopher Cushing
WASHINGTON (Reuters) -The U.S. Senate on Friday was set to start a marathon session aimed at eventually handing Republican President Donald Trump sweeping legislation to extend tax cuts and achieve budget reductions in the face of staunch Democratic...
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3 weeks ago |
today.westlaw.com | Jihoon Lee |Jamie Freed |Jack Kim |Christopher Cushing
SEOUL (Reuters) -The head of South Korea's financial watchdog said on Wednesday he had offered to resign, a day after the acting president vetoed a revised Commercial Act that would broadened the duty of corporate board members to act in the...
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3 weeks ago |
gurutrade.com | Alessandro Parodi |Jean Terzian |Christopher Cushing |Louise Heavens
April 1 (Reuters) - Tesla's sales in France fell year-on-year for a third consecutive month in March, contributing to the lowest first-quarterly sales figures in the country since 2021 for Elon Musk's electric car brand, data showed on Tuesday.
The billionaire CEO, a close ally of U.S. President Donald Trump, has stirred controversy by courting far-right parties in Europe, which has added to Tesla's sales slump ahead of the much-anticipated launch of its new Model Y mid-size SUV.
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3 weeks ago |
gurutrade.com | Stella Qiu |Wayne Cole |Christopher Cushing |Jamie Freed
SYDNEY, April 1 (Reuters) - Australian retail sales rose modestly for a second straight month in February as a long-awaited cut in interest rates combined with slower inflation to boost consumer sentiment and spending power.
However, the recovery in consumer spending is still tepid, suggesting consumers remain cautious and would not be a bar to more policy easing. The Australian dollar was steady at $0.6241 and three-year bond futures were little changed at 96.31.
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3 weeks ago |
gurutrade.com | Ziyi Tang |Ryan Woo |Christopher Cushing |Jane Merriman
Bank shares jump on recapitalisation plans
Lenders expect increases to core tier-1 ratios
Capital injections leverage more credit to support the economy
BEIJING, March 31 (Reuters) - Shares in China's big state-owned banks rose on Monday after the lenders unveiled around a $72 billion recapitalisation plan to boost their core capital.
The recapitalisation aims to help the banks to increase capital buffers and manage asset quality strains.
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4 weeks ago |
gurutrade.com | Stella Qiu |Christopher Cushing |Shri Navaratnam
Headline CPI and core measures slow
Rents, home building costs continued to ease
Inflation numbers leave markets leaning towards May cut
SYDNEY, March 26 (Reuters) - Australia's consumer inflation slowed in February, helped by a fall in electricity prices, while the continued easing in home building costs and rents supported the case for more rate cuts in the months ahead.
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4 weeks ago |
gurutrade.com | Liang-Sa Loh |Ben Blanchard |Christopher Cushing |Sam Holmes
TAIPEI, March 26 (Reuters) - Taiwan's central bank on Wednesday defended the island's trade and currency record ahead of possible tariffs from U.S. President Donald Trump, saying the high current account surplus was a structural problem and Washington understood that.