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Category: Business

Apple challenges ‘unreasonable’ EU order to open up to rivals
Business

Apple challenges ‘unreasonable’ EU order to open up to rivals

June 2, 2025

By Foo Yun Chee (Reuters) – Apple has submitted a legal challenge to an EU order to open up its closed ecosystem to rivals such

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Zara founder Ortega buys Barcelona office building for $283 million, sources say
Business

Zara founder Ortega buys Barcelona office building for $283 million, sources say

May 30, 2025

By Corina Pons MADRID (Reuters) -Zara founder Amancio Ortega has bought an office building in Barcelona from Blackstone for 250 million euros ($283 million), two

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JPMorgan’s Dimon says US should tax carried interest, CNBC reports
Business

JPMorgan’s Dimon says US should tax carried interest, CNBC reports

May 30, 2025

(Reuters) -JPMorgan Chase CEO Jamie Dimon said at the Reagan National Economic Forum that the U.S. should be taxing carried interest, CNBC reported on Friday.

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Amazon’s robotaxi unit Zoox issues second software recall after San Francisco crash
Business

Amazon’s robotaxi unit Zoox issues second software recall after San Francisco crash

May 29, 2025May 29, 2025

By David Shepardson WASHINGTON (Reuters) -Amazon.com’s self-driving unit Zoox issued a second software update to improve how its vehicles track nearby pedestrians and prevent movement

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Nike’s longtime design and innovation chief John Hoke to retire
Business

Nike’s longtime design and innovation chief John Hoke to retire

May 29, 2025May 29, 2025

(Reuters) -Nike’s chief innovation officer, John Hoke, is retiring, the world’s largest sportswear company said on Thursday. Hoke, who joined Nike in 1992, has served

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Chevron investors reject stockholder proposals on human rights, renewable energy
Business

Chevron investors reject stockholder proposals on human rights, renewable energy

May 28, 2025

HOUSTON (Reuters) – Chevron shareholders voted against three stockholder proposals that included a call to commission a third-party report on the company’s human rights practices,

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RTX CEO says Pratt & Whitney strike will weigh on second-quarter cash flow
Business

RTX CEO says Pratt & Whitney strike will weigh on second-quarter cash flow

May 28, 2025

(Reuters) -The weeks’ long strike by 3,000 U.S. Pratt & Whitney engine workers will constrain cash flow during the second quarter, but the aerospace and

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TSMC still evaluating ASML’s ‘High-NA’ as Intel eyes future use
Business

TSMC still evaluating ASML’s ‘High-NA’ as Intel eyes future use

May 27, 2025

By Nathan Vifflin AMSTERDAM (Reuters) -Taiwan Semiconductor Manufacturing Co (2330.TW), the world’s largest contract chipmaker, is still assessing when it will use ASML’s cutting-edge high

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Nvidia earnings to reveal hit from US export curbs on China
Business

Nvidia earnings to reveal hit from US export curbs on China

May 27, 2025

By Arsheeya Bajwa (Reuters) – Nvidia investors will look for definitive answers on how much U.S. chip curbs on China will cost the company when

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Olympics-LA28 brings on Snowflake as data collaboration provider
Business

Olympics-LA28 brings on Snowflake as data collaboration provider

May 27, 2025

(Reuters) -Data cloud analytics company Snowflake has been appointed the official data collaboration provider for the 2028 Olympic and Paralympic Games in Los Angeles as

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