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Jan 9, 2024 | 
nasdaq.com | Ahmad Ghaddar |Libby George |Early Fall"visionary ProfitUndo
LONDON, Jan 9 (Reuters) - Nigeria's state oil company NNPC has allocated four crude cargoes from its February programme to the $20 billion Dangote refinery, which is poised to begin operations after years of construction delays, three sources with direct knowledge of the matter told Reuters. What will be Africa's biggest refinery has said it could begin test runs as early as this week, adding that it has received six initial crude cargoes.
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Jan 9, 2024 | 
nasdaq.com | Early Fall"visionary ProfitUndo
The challenging global macroeconomic environment and end-market volatility have affected the Zacks Electronics - Semiconductors industry. Geo-political tensions, unfavorable forex and rising inflationary pressure also weigh heavily on the industry's prospects.
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Jan 9, 2024 | 
nasdaq.com | Early Fall"visionary ProfitUndo
WASHINGTON, Jan 9 (Reuters) - The new head of the Federal Aviation Administration is set to appear next month before Congress as the agency faces new questions on its oversight of planemaker Boeing following the emergency landing Friday of a 737 MAX 9. Mike Whitaker, who took over as the agency's head in late October, will testify before the U.S. House Transportation and Infrastructure Committee on Feb. 6, sources said.
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Jan 9, 2024 | 
nasdaq.com | Norihiko Shirouzu |Early Fall"visionary ProfitUndo
Jan 9 (Reuters) - Tesla has lowered driving-range estimates across its lineup of electric vehicles as a new U.S. government vehicle-testing regulation takes effect with the goal of ensuring that automakers accurately reflect real-world performance. Tesla has historically issued range estimates that overstate what its cars can deliver, prompting widespread complaints from customers, according to some automotive testing experts and a Reuters investigation last year.
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Jan 9, 2024 | 
nasdaq.com | Early Fall"visionary ProfitUndo
Ever since they hit the market, electric vehicles have appealed to those looking for a more environmentally-friendly car that doesn’t rely on gasoline to run. But the higher price tag — among other things — has deterred many people from purchasing one of these cars. I’m a Mechanic: What I Drive and 3 Cars I Steer Clear OfMore: Owe Money to the IRS?
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Jan 9, 2024 | 
nasdaq.com | Early Fall"visionary ProfitUndo
Cathie Wood‘s Ark Investment Management refrained from selling shares of the cryptocurrency exchange Coinbase Global, Inc. (NASDAQ:COIN) on Monday, after offloading the stock in all four sessions of the previous week. What Happened: Wood’s Ark Invest has been consistently selling Coinbase shares since July 2023, despite accumulating them after their direct listing in April 2021.
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Jan 9, 2024 | 
nasdaq.com | Early Fall"visionary ProfitUndo
WASHINGTON, Jan 9 (Reuters) - The U.S. trade deficit unexpectedly narrowed in November as imports declined, government data showed on Tuesday. The trade deficit contracted 2.0% to $63.2 billion, the Commerce Department's Census Bureau said. Data for October was revised slightly to show the trade gap widening to $64.5 billion instead of $64.3 billion as previously reported. Economists polled by Reuters had forecast the trade deficit rising to $65.0 billion in November.
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Jan 9, 2024 | 
nasdaq.com | Early Fall"visionary ProfitUndo
(RTTNews) - Spire Inc. (SR), a gas utility company, Tuesday announced that it has appointed Scott Doyle as its chief operating officer and executive vice president, effective January 15. Doyle takes over from Steve Lindsey, who was promoted as the CEO of the company in September when Suzanne Sitherwood retired. Scott Doyle has more than 25 years of utility industry experience and most recently served as the executive vice president of utility operations at CenterPoint Energy.
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Jan 9, 2024 | 
nasdaq.com | Early Fall"visionary ProfitUndo
Adds ION decline to comment in paragraph 3, details in paragraphs 9, 10 and 11ROME, Jan 9 (Reuters) - Fintech firm ION Group is on course to secure Italy's approval for its planned takeover of real estate and credit manager Prelios, sources familiar with the matter told Reuters. The Italian government is leaning towards not using its so-called golden powers, which allow Rome to shield strategic industries, to block or set conditions for the deal, the sources said asking not to be named.
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Jan 9, 2024 | 
nasdaq.com | Early Fall"visionary ProfitUndo
Jan 9 (Reuters) - Franklin Templeton's BEN.N unit Lexington Partners said on Tuesday it had raised $22.7 billion for its latest global secondary fund, reinforcing the investment firm's bets on a fast-growing corner of the private equity industry. Secondary funds buy stakes in a private equity fund from its current investors, mostly at a discount.
