PXP

US agency upgrades Tesla Autopilot safety probe, step ahead of possible recall

WASHINGTON, June 9 (Reuters) – The National Highway Traffic Safety Administration (NHTSA) said on Thursday it was upgrading its probe to 830,000 Tesla (TSLA.O) vehicles with its advanced Autopilot driver assistance system, a mandatory step before being able to request a recall. The auto safety agency opened a preliminary assessment in August to assess the …

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EXCLUSIVE Beijing gives first nod to revive Ant IPO after crackdown chills sources

Ant aims to file preliminary prospectus as soon as July – sources Ant needs CSRC guidance on when to file source prospectus Ant says there are no plans to relaunch its IPO statement Warburg Pincus valued Ant at $180 billion at the end of March HONG KONG, June 9 (Reuters) – China’s central management has …

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Europe’s largest carnivorous dinosaur found on Isle of Wight

June 9 (Reuters) – Fossilized bones discovered on a rocky shore on England’s Isle of Wight are the remains of a carnivorous dinosaur that may be larger than any known from Europe, a beast that was a cousin of the largest recorded carnivorous dinosaur species. Paleontologists said on Thursday they found parts of the skeleton …

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Credit Suisse shares soar on reported interest in State Street takeover

MILAN, June 8 (Reuters) – Credit Suisse shares (CSGN.S) rose sharply on Wednesday afternoon, with traders citing a Report inside Paradeplatz than State Street, based in the United States (STT.N) plans a takeover bid for the troubled lender, although some in the industry doubt that claim. Shares of Credit Suisse ended up 3.8% in Zurich …

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Stocks fall as sentiment dips on rate fears and yields rise

Investors cautious ahead of ECB meeting and US CPI data White House expects next inflation numbers to be high Crude hits 13-week high on rising US demand Global growth concerns sap investment sentiment NEW YORK, June 8 (Reuters) – U.S. and European stocks fell on Wednesday as prospects for a rate hike dampened sentiment, while …

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Amazon stock split could lure retail traders in tough market

Amazon’s logo is seen at the company’s logistics center in Bretigny-sur-Orge, near Paris, France, December 7, 2021. REUTERS/Gonzalo Fuentes/Files Join now for FREE unlimited access to Reuters.com Register NEW YORK, June 6 (Reuters) – Amazon (AMZN.O) the stock split may bring some comfort to shareholders who have seen the e-commerce giant’s shares battered this year. …

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Saudi Arabia and OPEC could make up for lost Russian oil production as Biden visit looms

The Organization of the Petroleum Exporting Countries (OPEC) logo is seen at the OPEC headquarters in Vienna, Austria June 19, 2018. REUTERS/Leonhard Foeger/File Photo Join now for FREE unlimited access to Reuters.com Register Western sanctions have caused Russian production to plummet OPEC+ meets on Thursday and may address Russian production issue US diplomats worked on …

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Sheryl Sandberg, owner of Facebook, Meta Platforms, will leave after 14 years

June 1 (Reuters) – Meta Platforms Inc (FB.O) COO Sheryl Sandberg, whose close partnership with CEO Mark Zuckerberg fueled the growth of the world’s largest social network, is leaving the company after 14 years, she said in a post on Wednesday. Facebook. The announcement initially sent shares of the social media company down 4%, but …

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Dimon says he’s bracing for US economic ‘hurricane’ due to inflation

June 1 (Reuters) – Jamie Dimon, chairman and chief executive of JPMorgan Chase & Co (JPM.N) described the challenges facing the US economy as a “hurricane” on the road and urged the Federal Reserve to take strong action to avoid tipping the world’s largest economy into a recession. Dimon’s comments come a day after President …

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