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Month: September 2024

US Gulf Coast-bound fuel oil cargoes hit 5-yr low as refinery demand weakens
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US Gulf Coast-bound fuel oil cargoes hit 5-yr low as refinery demand weakens

September 6, 2024January 28, 2025

By Georgina McCartney HOUSTON (Reuters) – Fuel oil exports bound for the U.S. Gulf Coast slumped to their lowest level since January 2019 last month,

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US job openings hit 3-1/2-year low as labor market eases

September 6, 2024January 28, 2025

By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings dropped to a 3-1/2-year low in July, suggesting the labor market was losing steam, but the

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Fed policymakers say they are ready to cut interest rates

September 6, 2024January 28, 2025

By Ann Saphir, Lindsay Dunsmuir and Michael S. Derby (Reuters) -Federal Reserve policymakers on Friday said they are ready to lower interest rates at the

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Roblox set to launch paid videogames on its virtual platform
Business

Roblox set to launch paid videogames on its virtual platform

September 6, 2024January 28, 2025

By Zaheer Kachwala (Reuters) – Roblox will roll out paid videogames on its platform and allow developers to sell physical merchandise through their created games,

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Amazon plans $5 billion of small-ticket exports from India in 2024 in shift from China
Business

Amazon plans $5 billion of small-ticket exports from India in 2024 in shift from China

September 5, 2024January 28, 2025

By Manoj Kumar NEW DELHI (Reuters) – Amazon Inc plans to export about $5 billion of small-ticket items from India this year, up from nearly

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Applied Digital surges 65% on funding deal with investors, including Nvidia
Business

Applied Digital surges 65% on funding deal with investors, including Nvidia

September 5, 2024January 28, 2025

(Reuters) -Applied Digital shares soared nearly 65% to hit their highest level in more than a month on Thursday, after the data center operator said

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OpenAI considers pricier subscriptions to its Chatbot AI, The Information reports
Business

OpenAI considers pricier subscriptions to its Chatbot AI, The Information reports

September 5, 2024January 28, 2025

(Reuters) -OpenAI executives have discussed higher-priced subscriptions for upcoming large language models, such as its reasoning-focused Strawberry and a new flagship LLM dubbed Orion, the

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Tesla shares gain on plans to launch Full Self-Driving in Europe, China
Business

Tesla shares gain on plans to launch Full Self-Driving in Europe, China

September 5, 2024January 28, 2025

(Reuters) – Tesla shares rose 2.5% on Thursday after the electric automaker stuck to its plans to roll out the Full Self-Driving (FSD) advanced driver

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US job openings at 3-1/2-year low as labor market cools

September 4, 2024January 28, 2025

By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings dropped to a 3-1/2-year low in July, suggesting the labor market was losing steam, but the

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Elon Musk’s X wins appeal to block part of California content moderation law
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Elon Musk’s X wins appeal to block part of California content moderation law

September 4, 2024January 28, 2025

By Mike Scarcella (Reuters) -Elon Musk’s social media platform X won on Wednesday an appeal to partially block a California law requiring social media companies

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