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IAM, Boeing to resume contract talks on Monday

(Reuters) -The International Association of Machinists and Aerospace Workers union said on Friday that it had agreed to resume contract talks with planemaker Boeing on Monday. The union represents over 3,200 striking workers who assemble fighter jets and munitions at Boeing’s plants in the ...
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Tesla pay plan faces pushback as ISS urges vote against Musk’s $1 trillion package

(Reuters) -Tesla’s proposed $1 trillion pay package for CEO Elon Musk came under renewed scrutiny on Friday after proxy adviser ISS urged investors to vote against what could be the largest compensation plan ever awarded to a company chief. This is the second consecutive year ...
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Fifth Third profit jumps on fee income, records $178 million loss from Tricolor bankruptcy

(Reuters) -U.S. regional bank Fifth Third Bancorp reported a 14% jump in third-quarter profit on Friday on the back of robust fee income, but booked a $178 million loss related to the bankruptcy of auto dealer Tricolor.   Broad-based growth across Fifth Third’s fee businesses lifted ...
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Porsche eyes return of SUV boss Leiters to assume ‘poisoned chalice’

By Rachel More and Nick Carey BERLIN (Reuters) -Porsche’s moves to bring in ex-McLaren boss Michael Leiters to revive the luxury German carmaker were welcomed by investors, although they have no illusions about the challenge in store for the new boss. Leiters is tipped to take ...
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Bessent urges IMF, World Bank to take tougher line on China

By David Lawder and Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Friday gave specific marching orders for the International Monetary Fund and World Bank to take tougher stances on China’s state-driven economic practices as part of his push to get the global ...
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UN shipping agency delays decision on carbon price under US pressure

By Enes Tunagur and Jonathan Saul LONDON -A majority of countries at the U.N. shipping agency voted on Friday to postpone by a year a decision on a global carbon price on international shipping, after failing to reach consensus on the emissions reduction measure amid ...
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Bessent says US bought pesos again, currency dips

(Reuters) -The U.S. Treasury bought Argentine pesos in the “Blue Chip Swap” and spot markets on Thursday and it continues to monitor all markets, Treasury Secretary Scott Bessent said on Friday. “Treasury is monitoring all markets, and we have the capacity to act with flexibility ...
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Dutch government in talks with China over Nexperia export controls

AMSTERDAM (Reuters) -The Netherlands is in talks with China over export controls imposed on the Chinese-owned chipmaker Nexperia, which has become tangled up in the trade frictions between the U.S. and China. The Dutch government stepped in on September 30 to take control of Nexperia, ...
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From Spice Girl to fashion mogul, Victoria Beckham grabs the chance to tell her own tale

NEW YORK (AP) — Now here’s something you might not quite believe about Victoria Beckham, glam Spice Girl turned high-profile fashion designer: At theater school, they purposely put her in the back row. Because she was too heavy. “It was really difficult,” she says now ...
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Mango fashion tycoon’s family says it is confident of son’s innocence in homicide probe

By Corina Pons and Charlie Devereux MADRID (Reuters) -The family of Mango founder Isak Andic, who died in a fall from a cliff near Barcelona 10 months ago, said it was confident his son Jonathan was innocent after several local media reported he was being ...
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Novo Nordisk hires US pharma veteran as Trump pricing pressure mounts

By Maggie Fick and Stine Jacobsen LONDON/COPENHAGEN (Reuters) -Novo Nordisk has appointed U.S. pharmaceutical executive Greg Miley as its new head of corporate affairs, as the obesity drugmaker faces growing pressure from U.S. President Donald Trump on drug pricing. Miley, an American, is currently senior vice ...
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American Express profits surge 16% in Q3, driven by wealthy card members

NEW YORK (AP) — Credit card giant American Express posted a 16% jump in third-quarter profits on Friday, helped by increased card spending, particularly among its wealthiest card members. The company raised its full-year profit forecasts as a result. The New York-based company said it ...
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