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Average US long-term mortgage rate slips to 6.23%, its third weekly drop

The average long-term U.S. mortgage rate dropped for the third week in a row, easing borrowing costs for prospective homebuyers as the spring homebuying season rolls on. The benchmark 30-year fixed rate mortgage rate fell to 6.23% from 6.3% last week, mortgage buyer Freddie Mac ...
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Why the European Union’s wartime loan is a vital lifeline for cash-strapped Ukraine

KYIV, Ukraine (AP) - Cash-strapped Ukraine has secured a crucial European Union loan that will provide a vital lifeline to sustain its wartime efforts this year. The 90 billion-euro ($106 billion) package was formally approved on Thursday, days after President Volodymyr Zelenskyy announced that the ...
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Honeywell quarterly sales rise on higher pricing and demand

April 23 (Reuters) - Honeywell on Thursday posted higher first-quarter sales, helped by higher pricing, new product launches and strong demand in its Building and Industrial Automation segments. The industrial giant said higher pricing, along with the earlier-than-anticipated removal of stranded costs related to ...
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L’Oreal shares rise 8% on first-quarter sales beat

By Dominique Patton PARIS, April 23 (Reuters) - Shares in L'Oreal jumped more than 8%, on track for their best day in four years, after the French cosmetics group posted first-quarter sales growth of 6.7% on Wednesday, beating expectations with its fastest quarterly growth in ...
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Estonian foreign minister visits Vietnam to boost tech, trade ties

HANOI, Vietnam (AP) - Estonia's Foreign Minister Margus Tsahkna met Vietnamese Prime Minister Le Minh Hung on Wednesday and said his country aims to deepen cooperation with Vietnam in trade, technology and digital transformation. Relations between Vietnam and Estonia have accelerated in recent years and ...
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Exclusive-SpaceX conquered the stars, now eyes bigger opportunity in AI

By Echo Wang and Deepa Seetharaman NEW YORK/SAN FRANCISCO, April 23 (Reuters) - Over the last quarter century, Elon Musk revived space travel, turning cosmic exploration into thriving businesses. For its next act, Musk's SpaceX is eyeing an even bigger opportunity in something more ...
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A look at China’s behind-the-scenes role in Iran war diplomacy

BANGKOK (AP) - China's role as an unofficial mediator in the latest war in the Middle East is drawing attention across the world as it seeks to project the image of being a responsible global power while U.S. actions are straining its long-standing alliances. China's ...
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Samsung workers rally in South Korea, demanding higher pay and threatening to strike

PYEONGTAEK, South Korea (AP) - Thousands of Samsung Electronics workers rallied Thursday at its computer chip complex in Pyeongtaek, South Korea, demanding higher bonuses and threatening to strike as booming demand for artificial intelligence drives up memory-chip profits. Holding signs and waving banners, the workers ...
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‘The Devil Wears Prada 2’ puts a spotlight on Italy’s fashion capital

MILAN (AP) - Prada may have a title role in "The Devil Wears Prada 2," which premieres in Italy's fashion capital on Thursday, but fashion at large gets a spotlight and Milan a supporting role. The film evokes Prada without being about the storied fashion ...
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Russian oil to Slovakia resumes flowing through pipeline that crosses Ukraine

BRATISLAVA, Slovakia (AP) - The flow of Russian oil to Slovakia through the Druzhba pipeline that crosses Ukraine has resumed, Slovak Economy Minister Denisa Saková said Thursday. Hungary and Slovakia have been locked in an escalating feud with Ukraine since Russian oil deliveries to Hungary ...
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Anthropic seeks to debunk Pentagon’s claims about its control over AI technology in military systems

WASHINGTON (AP) - Anthropic on Wednesday told an appeals court that it can't manipulate its artificial intelligence tool Claude once it is deployed in classified Pentagon military networks - an assertion aimed at debunking the Trump administration's attempt to brand the rapidly growing technology ...
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SoftBank seeks $10 billion margin loan backed by OpenAI shares, Bloomberg News reports

April 22 (Reuters) - SoftBank Group is seeking a $10 billion loan secured by its shares in ChatGPT maker OpenAI, Bloomberg News reported on Wednesday, citing sources. The two-year margin loan would carry an option for SoftBank to extend the borrowing by an additional year, ...
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