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Apple sees sales slump continuing, shares drop 2% despite beating sales expectations

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Apple sees sales slump continuing, shares drop 2% despite beating sales expectations

Logo of an Apple store is seen as Apple Inc. reports fourth quarter earnings in Washington, U.S., January 27, 2022. REUTERS/Joshua Roberts Aug 3 (Reuters) – Apple (AAPL.O) on Thursday forecast that a sales slump would continue into the current quarter, sending shares down despite beating Wall Street sales and profit targets in the fiscal … Read more

Wall Street closes near flat as Treasury yields surge

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Wall Street closes near flat as Treasury yields surge

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) Amazon surges in extended trade after results Gloomy Spirit, Expedia results drag travel stocks lower PayPal drops after weak Q2 margins Qualcomm tumbles on signaling more pain from smartphone slump Aug 3 (Reuters) – U.S. … Read more

Wall Street ends down, investors step back after Fitch US rating cut

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Wall Street ends down, investors step back after Fitch US rating cut

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 20, 2023. REUTERS/Brendan McDermid/File Photo Fitch cuts US credit rating to AA+ Wells Fargo slides on plan to help refill FDIC coffers U.S. private payrolls beat expectations in July, ADP says Indexes down: Dow 0.98%, S&P 1.38%, … Read more

China curbs exports of drone equipment amid U.S. tech tension

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China curbs exports of drone equipment amid U.S. tech tension

BEIJING, July 31 (Reuters) – China on Monday announced export controls on some drones and drone-related equipment, saying it wanted to safeguard “national security and interests” amid escalating tension with the United States over access to technology. The restrictions on equipment, including some drone engines, lasers, communication equipment and anti-drone systems, will take effect on … Read more

Mediobanca s’associe à UK Founders Factory dans une poussée fintech

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Mediobanca s’associe à UK Founders Factory dans une poussée fintech

MILAN, 24 juillet (Reuters) – Mediobanca (MDBI.MI) s’associera à Founders Factory, basé à Londres, un investisseur en démarrage dans de nouvelles entreprises, pour promouvoir les startups fintech, ont déclaré les deux sociétés, alors que la banque italienne s’efforce d’accroître sa présence internationale et technologique. Mediobanca investira 12 millions d’euros (13 millions de dollars) dans une … Read more