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[1/2]The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021. REUTERS/Rebecca Cook// Acquire Licensing Rights DETROIT, Oct 20 (Reuters) – United Auto Workers President Shawn Fain on Friday warned of more walkouts at U.S. truck and SUV factories unless the … Read more
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[1/5]Bill Ford, executive chairman of Ford Motor Company, speaks at their Rouge Visitor Center in Dearborn, Michigan, U.S. October 16, 2023. Jeff Kowalsky/Ford Motor Co./Handout via REUTERS. Acquire Licensing Rights DEARBORN, Michigan, Oct 16 (Reuters) – Ford (F.N) executive chairman Bill Ford on Monday urged the United Auto Workers union to end a 32-day strike … Read more
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A pair of shoes is pictured in a window of a Birkenstock footwear store in Berlin, Germany, January 21, 2021. REUTERS/Fabrizio Bensch/File Photo Acquire Licensing Rights Oct 11 (Reuters) – LVMH-backed Birkenstock (BIRK.N) was set to list its shares on the New York Stock Exchange on Wednesday after the German luxury sandal maker notched a … Read more
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Best quarterly profit so far this year Shares open 3.3% higher Memory chip prices likely hit bottom in Q3-analysts SEOUL, Oct 11 (Reuters) – Samsung Electronics (005930.KS) on Wednesday said its preliminary third-quarter profit dropped by a smaller-than-expected 78%, as the battered memory chip market shows early signs of recovering from a severe downturn. Samsung … Read more
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[1/3]A Louis Vuitton logo is seen outside a store on the Champs-Elysees avenue in Paris, France, June 27, 2023. REUTERS/Stephanie Lecocq/File Photo Acquire Licensing Rights LONDON/PARIS, Oct 9 (Reuters) – Europe’s luxury brands may have sparkled at Paris Fashion Week, but investors are questioning their taste for the shares in the face of a Chinese … Read more
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NEW YORK, Oct 5 (Reuters Breakingviews) – As blank-check deals go, it hardly could have been much worse than Better. The online mortgage lender led by Vishal Garg unveiled plans in May 2021 to go public at a nearly $8 billion valuation by way of a special-purpose acquisition company, exuberantly telling investors it expected to … Read more
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Logo of the Bain Capital is screened at a news conference in Tokyo, Japan September 28, 2017. REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing Rights HANOI, Oct 2 (Reuters) – Vietnamese conglomerate Masan Group (MSN.HM) has secured funding of at least $200 million from Bain Capital, with the possibility of bringing in other investors to increase that … Read more
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[1/5]People look at the new iPhone 15 Pro as Apple’s new iPhone 15 officially goes on sale across China at an Apple store in Shanghai, China September 22, 2023. REUTERS/Aly Song/File Photo Acquire Licensing Rights Sept 30 (Reuters) – Apple (AAPL.O) on Saturday said it has identified a few issues which can cause new iPhones … Read more
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The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo Allegri/File Photo Acquire Licensing Rights NEW YORK, Sept 29 (Reuters) – Surging bond yields are rattling U.S. stocks, and some investors worry the richly valued shares of … Read more
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NEW YORK/LONDON, Sept 29 (Reuters) – Bankers and investors are embracing a degree of optimism for the IPO market following a slew of major market debuts in September that made for one of the busiest months since the start of 2022. So far this year there have been $423 billion worth of equity capital markets … Read more