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US tells India that Russian oil curbs are key to trade deal progress

By Jarrett Renshaw (Reuters) -U.S. trade negotiators have told their Indian counterparts that curbing purchases of Russian oil is crucial to reducing India’s tariff rate and sealing a trade deal, two people familiar with the talks told Reuters. While trade negotiations are on a positive track, ...
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Fed’s Bowman says decisive rate cuts needed to offset labor market risks

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Vice Chair for Supervision Michelle Bowman reiterated on Friday that she believes decisive interest rate cuts are needed to ward off rising trouble in the job market. “Recent data show a materially more fragile labor market along ...
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US oil and gas rig count rises to highest since June, Baker Hughes says

By Scott DiSavino (Reuters) -U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row for the first time since February, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig ...
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Brazil coffee exports to US to fall further if tariffs stay, Cecafe president says

By Oliver Griffin VITORIA, Brazil (Reuters) -Brazil coffee exports to the United States will decline further if U.S. tariffs remain in place, Marcio Ferreira, the head of exporter group Cecafe said, adding the industry was pleased by warming relations between the leaders of the two ...
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Anthropic to triple international workforce as AI models drive growth outside US

(Reuters) -Anthropic said on Friday it plans to triple its international workforce and expand its applied artificial intelligence team by fivefold this year to meet a surge in demand for its Claude AI models outside the United States. Nearly 80% of consumer usage for Claude ...
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Listeria found in Walmart meatball meals may be linked to deadly fettuccine outbreak

Federal health officials are warning consumers not to eat certain heat-and-eat beef meatball pasta meals sold at Walmart stores because they may be contaminated with listeria bacteria previously linked to a deadly outbreak. The U.S. Agriculture Department issued a public health alert late Thursday for ...
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Southwest Airlines to pay $18.5 million over employees’ military leave

By Jonathan Stempel (Reuters) -Southwest Airlines agreed to pay $18.5 million to settle a class action accusing the carrier of failing to provide paid leave to employees who took short-term military leave. A preliminary settlement was filed on Thursday night in San Francisco federal court, and ...
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Jaguar Land Rover shutdown driving suppliers to cut jobs and reduce hours – survey

LONDON (Reuters) -Jaguar Land Rover’s production shutdown after a cyberattack is hitting businesses in Britain’s West Midlands region, a survey showed on Friday, with firms already making redundancies or cutting staff hours in response. The government is considering financial support for the luxury carmaker, which ...
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Exclusive-Starbucks CTO resigned Monday, interim named

By Waylon Cunningham -Starbucks’ chief technology officer Deb Hall Lefevre resigned without a permanent replacement, according to an internal memo sent to corporate staff on Monday, seen by Reuters.  The memo, written by Chief Financial Officer Cathy Smith, named Ningyu Chen, previously senior vice president of ...
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Canada’s GDP rebounds in July after three months of contraction

By Promit Mukherjee OTTAWA (Reuters) -Canada’s monthly gross domestic product rebounded from three months of contraction to grow by 0.2% in July as mining, manufacturing and wholesale trade boosted growth, data showed on Friday. Canada’s GDP had shrunk in the second quarter by 1.6% annualized and ...
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Trump’s new tariffs hit Wayfair, Williams-Sonoma shares; La-Z-Boy gains

By Aishwarya Venugopal and Neil J Kanatt (Reuters) -Shares of retailers Williams-Sonoma and Wayfair, fell on Friday after President Donald Trump unveiled tariffs on furniture imports, while those of La-Z-Boy and Ethan Allen, which manufacture largely in the U.S., gained. As part of his latest tariff ...
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Global equity funds log weekly inflows as AI optimism, Fed cut bets boost sentiment

(Reuters) -Global equity funds recorded net inflows for the first time in three weeks in the week to September 24, as optimism around artificial intelligence investments and renewed bets on potential U.S. rate cuts lifted investor sentiment. Investors poured a net $28.36 billion into equity ...
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