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Insurance IPOs hit 20-year high on Wall Street after tariff-driven chaos

By Arasu Kannagi Basil and Ateev Bhandari (Reuters) -Insurance companies' first-time share sales on Wall Street hit a 20-year high this year as investors flocked to firms that were insulated from U.S. President Donald Trump's trade war. Predictable cash flows and resilient business model gave private ...
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Walmart boosts outlook again, plans move to Nasdaq

(Reuters) -Walmart on Thursday raised its annual forecasts for the second time this year after another strong quarter led by surging online sales, in a signal of confidence headed into the holiday season. The company also set a December move of its stock listing ...
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Stocks rally hard after Nvidia tops estimates, jobs data in view

By Gregor Stuart Hunter SINGAPORE (Reuters) -A relief rally swept across Asian markets and lifted stocks in early trading on Thursday as investors cheered Nvidia's market-topping earnings, while the dollar rose as traders braced for the release of delayed jobs data. MSCI's ...
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Axalta investor Artisan Partners urges rejection of AkzoNobel deal

By Svea Herbst-Bayliss NEW YORK (Reuters) -Investor Artisan Partners is unhappy with Axalta Coating Systems' plans to combine with AkzoNobel in an all-stock deal that will create a paint industry giant with an enterprise value of $25 billion. "As an Axalta shareholder, we believe the only ...
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Netflix’s Warner Bros bid will include theater releases, Bloomberg News reports

(Reuters) -Netflix has informed Warner Bros. Discovery management that it would continue releasing the studio's films in theaters if its acquisition of the company succeeds, Bloomberg News reported on Wednesday. Warner Bros.' existing theatrical release contracts would be honored, the report said, citing sources ...
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Yen slumps, dollar jumps as rate cut bets recede

By Tom Westbrook SINGAPORE (Reuters) -The dollar was riding high on Thursday after notching its sharpest gain in six weeks as Fed minutes made a December U.S. rate cut seem less likely, while the yen tumbled on bets that Japan would not immediately step in ...
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Oil rebounds as deadline on US sanctions waiver looms

By Katya Golubkova TOKYO (Reuters) -Oil prices edged higher on Thursday, recovering from losses in the previous session, as markets assessed the latest U.S. proposals to end the war in Ukraine and prepared for a U.S. deadline to cease operations with two major Russian oil ...
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Australia central bank scrutinising three factors that could sway policy

SYDNEY (Reuters) -Australia's central bank is examining three issues that could influence policy, including whether firms have changed how they set prices and whether the transmission channels for monetary policy have changed, a senior official said on Thursday. "We are constantly curious about how ...
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Trafigura’s Nyrstar casts first antimony at South Australia plant

(Reuters) -Trafigura unit Nyrstar said on Thursday it had started casting antimony metal in a pilot plant at its Port Pirie metals facility in South Australia, a project listed as part of the U.S.-Australia Critical Minerals and Rare Earths Framework. The milestone follows an A$135 ...
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Egypt selects Hartree Partners for $4 billion natural gas deal, Deputy Secretary of State Landau says

(Reuters) -Egypt has selected U.S. energy firm Hartree Partners for a $4 billion natural gas deal, Deputy Secretary of State Christopher Landau announced Wednesday.(Reporting by Ismail Shakil, writing by Christian Martinez) Brought to you by www.srnnews.com
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Democratic senator accuses Trump of playing politics with aviation safety during shutdown

Democratic Sen. Tammy Duckworth suggested during a hearing Wednesday that the Trump administration was playing politics with the aviation system during the shutdown to force an agreement to reopen the government. Duckworth, of Illinois, zeroed in on why the Federal Aviation Administration and Transportation ...
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Trump administration extends order keeping Michigan coal online past closure date

WEST OLIVE, Mich. (AP) - The Trump administration has once again extended the life of a Michigan coal-fired power plant that was supposed to close last May as the utility Consumers Energy transitions to cleaner sources of electricity. The U.S. Energy Department says there ...
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