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Analysis-UK businesses mull moving cash after SVB chaos
By Iain Withers, Elizabeth Howcroft and Martin Coulter LONDON (Reuters) - British banks are seeing a pick-up in enquiries to switch cash between institutions after the collapse of U.S. tech lender Sil...
Syndicated Content Mar 17, 2023
Walmart pumps $200 million in Indian fintech PhonePe in ongoing fundraise
BENGALURU (Reuters) - Indian digital payments firm PhonePe said on Friday it has raised $200 million from majority backer Walmart Inc at a pre-money valuation of $12 billion. PhonePe, already India's ...
Syndicated Content Mar 17, 2023
Marketmind: Support for troubled banks calms markets
A look at the day ahead in European and global markets from Anshuman Daga The week-long rollercoaster ride for global markets turned calmer and a little more positive on Friday as investors heaved a s...
Syndicated Content Mar 17, 2023
Baidu’s Hong Kong shares rebound as users test ChatGPT-like Ernie bot
By Eduardo Baptista and Jason Xue BEIJING/SHANGHAI (Reuters) - Hong Kong-listed shares in China's Baidu rebounded 15.7% on Friday as users told of their experiences with the Ernie bot, recouping losse...
Syndicated Content Mar 17, 2023
Australia report calls for tax, migration reforms as productivity stalls
SYDNEY (Reuters) - Australia's Productivity Commission called on the federal government on Friday to improve tax and migration systems, remove import tariffs and secure net-zero carbon emissions at th...
Syndicated Content Mar 17, 2023
Volkswagen to invest in mines in bid to become global battery supplier
By Victoria Waldersee BERLIN (Reuters) - Volkswagen plans to invest in mines to bring down the cost of battery cells, meet half of its own demand and sell to third-party customers, the carmaker's boar...
Syndicated Content Mar 17, 2023
Vietnam’s VinFast says three sales executives have left EV company
By Phuong Nguyen HANOI (Reuters) -Vietnamese electric-vehicle (EV) start-up VinFast said on Friday three senior sales and customer-service have left the company this week. The departures are the lates...
Syndicated Content Mar 17, 2023
Carl Icahn urges Fed to keep fighting inflation after SVB collapse – FT
(Reuters) - Activist investor Carl Icahn has urged the U.S. Federal Reserve to stay the course in the fight against the "disease of inflation" despite the failure of Silicon Valley Bank and two other ...
Syndicated Content Mar 16, 2023
SpaceX, Netflix, Boeing to join “biggest-ever” US business mission to Vietnam
By Francesco Guarascio HANOI (Reuters) - SpaceX, Netflix and Boeing are among the companies joining the "biggest-ever" U.S. business mission to Vietnam next week to discuss investment and sales opport...
Syndicated Content Mar 16, 2023
Japan’s Feb consumer inflation seen slowing sharply on subsidies – Reuters Poll
TOKYO (Reuters) - Japan's core consumer inflation likely slowed sharply in February from a 41-year high in the previous month, a Reuters poll of 20 economists showed, as government subsidies for gas a...
Syndicated Content Mar 16, 2023
Peoria, IL, USA
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