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Take-Two confirms GTA VI leak, says game development unaffected
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Big bank CEOs to sell lawmakers on relief, diversity efforts amid economic, regulatory challenges
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ECB’s Lagarde raises prospect of rate hikes beyond neutral level
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YouTube in challenge to TikTok to give Shorts creators 45% of ad sales
Investment banks’ trading revenue likely to shrink, Barclays boss says
Date: September 20, 2022
By Sinead Cruise and Iain Withers LONDON (Reuters) – Investment banks are likely to be hit by a dip in trading revenue next year and will be counting on a bounce back in advisory fees to support their finances, Barclays’ CEO C.S. Venkatakrishnan told an investor event on Tuesday. A trading surge has helped investment...
European shares slide for sixth straight session amid central bank worries
Date: September 20, 2022
By Shreyashi Sanyal and Susan Mathew (Reuters) -European shares closed at 11-week lows on Tuesday, extending declines to a sixth straight session, as expectations of another large interest rate hike by the U.S. Federal Reserve kept risk-taking bets in check. The pan-European STOXX 600 which had risen as much as 1% earlier in the session,...
France boosts cycling infrastructure, targets rural areas
Date: September 20, 2022
By Geert De Clercq PARIS (Reuters) – The French government said on Tuesday it would boost state support for cycling in 2023, hoping to promote the use of bicycles for transport in rural areas, improve citizens’ health, and use them in the energy transition. French Prime Minister Elisabeth Borne told reporters a new 250 million...
Elon Musk faces skeptics as Tesla gets ready to unveil ‘Optimus’ robot
Date: September 20, 2022
By Hyunjoo Jin SAN FRANCISCO (Reuters) -Tesla Chief Executive Elon Musk blamed overreliance on factory robots for sending the electric carmaker to “production hell” four years ago, saying humans were better at certain jobs. My, how times have changed. Musk’s Texas company now is floating ambitious plans to deploy thousands of humanoid robots, known as...
IKEA’s restaurants has more than halved food waste since 2017
Date: September 20, 2022
STOCKHOLM (Reuters) – IKEA, which as well as being the largest furniture brand also runs one of the world’s biggest restaurant chains, has slashed its food waste by 54% since 2017 to save money and reduce its environmental footprint. Global food waste accounts for between 8% and 10% of total greenhouse gas emissions, according to...
Stocks fall, yields rise as investors focus on Fed, other central bank meetings
Date: September 20, 2022
By Caroline Valetkevitch NEW YORK (Reuters) – Global stocks were down sharply on Tuesday while the yield on two-year U.S. Treasury notes rose to almost a 15-year high as investors prepared for the likelihood of another 75 basis point rate hike from the Federal Reserve. Sweden’s central bank raised interest rates by a larger-than-expected full...