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Paralympics-Paris 2024 Eyes Sell-Out Crowds to Beat London Record – Ipc
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Watches of Switzerland Shares Slide After Rolex Buys Bucherer
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Analysis-Nvidia’s $25 Billion Buyback ‘a Head-Scratcher’ for Some Shareholders
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Workers at Gatwick Airport Scrap Planned Strike After Improved Pay Offer
Russia’s Gazprom Neft Q2 Net Profit Falls 43% Y/y
Date: August 24, 2023
Russia’s Gazprom Neft Q2 net profit falls 43% y/y MOSCOW (Reuters) -Russian oil major Gazprom Neft said on Thursday its second-quarter net profit fell 43% from the same period last year to 140.1 billion roubles ($1.5 billion) as sales declined. Profits for global oil majors have dropped by about half from a bumper 2022, when...
Shell Taps Goldman Sachs to Explore Singapore Refinery Sale -Sources
Date: August 24, 2023
Shell taps Goldman Sachs to explore Singapore refinery sale -sources By Trixie Yap, Chen Aizhu and Florence Tan SINGAPORE (Reuters) -Shell is considering a sale of its Singapore refining and petrochemical plants as part of a broader strategic review and has hired investment bank Goldman Sachs to explore a potential deal, said several sources close...
UK Stocks Rise as Weak Factory Data Prompts Rethink of Peak Rates
Date: August 23, 2023
UK stocks rise as weak factory data prompts rethink of peak rates By Siddarth S and Khushi Singh (Reuters) -Britain’s main stock indexes rose on Wednesday, with the mid-cap FTSE 250 recording its best session in over a month, as weak factory activity data fuelled expectations that the Bank of England may not have to...
Reactions as India’s Chandrayaan-3 Makes Historic Moon Landing
Date: August 23, 2023
Reactions as India’s Chandrayaan-3 makes historic moon landing NEW DELHI (Reuters) -India on Wednesday became the fourth country to land on the moon after the Indian Space Research Organisation’s Chandrayaan-3 touched down on the lunar south pole. Following are some reactions to the occasion: S. SOMANATH, INDIAN SPACE RESEARCH ORGANISATION (ISRO)CHAIRMAN “India is on the...
Germany Plans to Double AI Funding in Race With China, U.S
Date: August 23, 2023
Germany plans to double AI funding in race with China, U.S BERLIN (Reuters) – Germany plans to almost double its public funding for artificial intelligence research to nearly a billion euros over the next two years, as it attempts to close a skills gap with sector leaders China and the United States. The target, announced...
Factory Slump and Cost-Of-Living Squeeze Puts UK Economy on Course to Shrink
Date: August 23, 2023
Factory slump and cost-of-living squeeze puts UK economy on course to shrink By David Milliken LONDON (Reuters) -Britain’s economy looks on course to shrink during the current quarter and risks falling into a recession, as a survey on Wednesday showed a slump in factory output and broader weakness in the face of higher interest rates....