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26.08 / 06:17

Reuters Booking Fulton Trump US President US President Biden comments on Donald Trump's mug shot, calls 'handsome guy'

Joe Biden informed journalists that he had observed the mug shot image depicting the arrest of former President Donald Trump on felony charges related to his endeavour to overturn the results of the 2020 presidential election. As reported by Bloomberg, “Handsome guy, wonderful guy," Biden quipped to reporters after exiting an exercise class in Lake Tahoe.

26.08 / 05:55

UPS Lowe's Target Reuters show Inside Dollar steady as Fed's Powell says higher rates may be needed

dollar held steady on Friday, on pace to finish the week strong, after Federal Reserve Chair Jerome Powell said the central bank may need to raise interest rates further to ensure inflation is contained, but promised to move «carefully» at upcoming meetings. Powell, in a speech at an economic summit in Jackson Hole, Wyoming, said policymakers would «proceed carefully as we decide whether to tighten further,» but also made clear that the central bank has not yet concluded that its benchmark interest rate is high enough to be sure that inflation returns to the 2% target. The U.S.

26.08 / 03:49

UPS Provident Reuters CEO Strategy Bayer reform Bayer investor Artisan urges company split amid growing calls for reform: Report

Reuters on Friday. As per the report, this call for change joins a growing chorus of demands for transformation from various other investors. Earlier this year, activist shareholder Bluebell Capital Partners had also advocated for a breakup of the company.

25.08 / 18:33

Lowe's Target Reuters Progressive Manufacturing country electronic ‘Taming inflation is govt’s top priority’

Nirmala Sitharaman said on Friday. Persistent high inflation will crimp demand, Sitharaman said and added that the tendency to use interest rates as the only solution to tackle inflation has its own downside. “Most economies do have this problem—an obsession of using interest rate as the only tool to deal with inflation," the minister said at the B20 summit, a gathering of top business executives from G20 countries.

25.08 / 18:19

IPO Target Reuters Citigroup SoftBank Tech firm Klaviyo reveals revenue rise ahead of US IPO

(Reuters) -Klaviyo's revenue rose 51% for the recent quarter, the data and marketing automation company disclosed in its paperwork for a U.S. initial public offering (IPO) submitted on Friday.

25.08 / 18:19

UPS Provident Reuters CEO Strategy Bayer Exclusive-Bayer investor Artisan calls for break up

By Richa Naidu and Ludwig Burger

25.08 / 17:31

Reuters Sony film Actor Celebrity Warner Bros show Warner Bros delays release of ‘Dune’ sequel, upcoming 'Lord of the Rings' film amid actors' strike

COVID-19 pandemic. "Dune" was among the most eagerly awaited films scheduled for late 2023. According to a Reuters report quoting a studio spokesperson on Thursday, "Dune: Part Two" is now set to premiere on March 15 – a date initially reserved for the Warner Bros film "Godzilla x Kong: The New Empire".

25.08 / 17:07

UPS Target Reuters stake JSW Steel to pick up 20%-40% stake in Teck's coal unit: Report

JSW Steel is looking to pick up a 20 to 40% stake in the metallurgical coal unit of Canada's Teck Resources, Bloomberg News reported on Friday, citing the Indian steel producer's chairman, Sajjan Jindal. India's biggest steel producer intends to bid for 20% to 40% of Elk Valley Resources Ltd., a unit of the Canadian company, Jindal said.

25.08 / 16:33

UPS Reuters Manufacturing SpaceX HAL HAL, L&T to potentially bid for ISRO's small satellite launch rocket: Report

Reuters on 25 August. Developed by the Indian Space Research Organisation (ISRO), the Small Satellite Launch Vehicle (SSLV) is a low-cost means to launch satellites weighing up to 500 kg (1,102 lb) into low-earth orbit. The SSLV serves a booming market to launch clusters of satellites for communications and data that SpaceX and rivals compete in.

25.08 / 16:09

UPS Lowe's Target Reuters show Inside Dollar up as Chair Powell says Fed may need to raise interest rates further

By Saqib Iqbal Ahmed

25.08 / 15:07

Lowe's Reuters show U.S. consumer sentiment slips slightly in August

U.S. consumer sentiment fell modestly in August, as inflation expectations worsened slightly, a survey showed on Friday. The University of Michigan's final August reading on the overall index of consumer sentiment came in at 69.5 on Friday compared to 71.6 in July, and lower than a preliminary reading earlier in the month.

25.08 / 14:27

COST UPS Lowe's Reuters Manufacturing Tesla India to cut import tax on EVs? Nirmala Sitharaman issues clarification, says 'no proposal is...'

Reuters reported that the central government is considering lowering the import duty to as low as 15% from the current levels of 100% for cars that cost above ₹33 Lakhs and 70% for the rest. "No proposal is before me to lower import duty on electric vehicles," Union Finance Minister Nirmala Sitharaman said while speaking to reporters on the sidelines of the B20 summit.

25.08 / 13:42

COST Reuters IFO show country Inside Gloomy Ifo fuels fears of second German recession in a year

By Maria Martinez

25.08 / 13:42

Target BLOCK Reuters Merck AstraZeneca AstraZeneca sues US over Medicare drug price negotiation plans

(Reuters) -AstraZeneca said on Friday it has sued the U.S. government to block parts of a program that gives the Medicare health insurance plan the power to negotiate lower drug prices.

25.08 / 13:35

Reuters DNA show social plane Russia confirms first death in plane crash that killed Wagner chief, buzz around Prigozhin's demise continues

Reuters reported that the Russian investigators are yet to ‘confirm a genetic match’. An Embraer executive jet on which Prigozhin was listed as a passenger crashed in Tver region north of Moscow on Aug 23, according to Russia's Federal Air Transport Agency. Six other passengers were listed along with a crew of three, including pilot Alexei Levshin.

25.08 / 12:57

Reuters Action Adani-Hindenburg row: SEBI submits report, tells SC it has completed probe; check details

The Securities and Exchange Board of India has completed its probe into Adani Group companies. The market regulator told the Supreme Court that the investigation spurred by the explosive Hindenburg report had been concluded and action has been recommended in some cases for passing orders.

25.08 / 12:19

UPS Lowe's Reuters show country Exclusive-China plans to cut stamp duty on stocks by up to 50% to revive confidence-sources

HONG KONG/BEIJING (Reuters) -Chinese authorities are planning to cut stamp duty on stock trading by as much as 50%, three people with knowledge of the matter said, in a further attempt to revitalise the country's struggling stock market.

25.08 / 11:55

Reuters Aviat Tesla cover ‘Absolute lie’: Kremlin denies involvement in death of Wagner boss Yevgeny Prigozhin

Joe Biden, Tesla chief Elon Musk, and French authorities. Empirically it has been noted that Vladimir Putin critics have not lived longer after registering their opposition to the former KGB boss. Prigozhin's death seemed to follow the same line following his June rebellion to overthrow Russia's military leadership.

25.08 / 11:33

Binance Reuters VISA CEO MasterCard end Mastercard to end Binance crypto-to-fiat card partnership

Mastercard and Binance originally announced beta tests in Argentina just one year ago. The card allowed Binance users to convert cryptocurrencies into fiat currency in real-time at the point of purchase.

25.08 / 11:25

Target Reuters CEO HAL Hawaiian show performer Hawaiian Electric CEO's bonus lacked incentive to cut wildfire risk, documents show

By Tim McLaughlin and Tom Hals

25.08 / 10:57

COST Lowe's Reuters Manufacturing Tesla reports FM Sitharaman refutes reports claiming import tax cut on locally manufactured EVs in India

Nirmala Sitharaman on Friday said that there is no proposal before the ministry to lower import duty on electric vehicles. A Reuters report earlier in the day claimed that India is working on a new electric vehicle policy that would slash import taxes for automakers that commit to some local manufacturing, following a proposal by Tesla which is considering entering the domestic market. The policy being considered, the report said, could allow automakers to import fully-built EVs into India at a reduced tax as low as 15%, compared to the current 100% that applies to cars that cost above $40,000 and 70% for the rest. Tesla first tried to enter India in 2021 by pushing officials to lower the 100% import tax for EVs.

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