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Exclusive: Europe eyes Musk's SpaceX to fill launch void left by tensions with Russia

Exclusive: Europe eyes Musk’s SpaceX to fill launch void left by tensions with Russia

PARIS, Aug 12 (Reuters) – The European Space Agency (ESA) has started preliminary technical discussions with Elon Musk’s SpaceX that could lead to the temporary use of its launchers after the conflict in Ukraine blocked western access Russian Soyuz rockets. Private US competitor to Europe’s Arianespace has emerged as a key contender to fill a …

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Five Chinese state-owned companies to delist from NYSE amid US tensions

Five Chinese state-owned companies to delist from NYSE amid US tensions

SHANGHAI/HONG KONG, Aug 12 (Reuters) – Five Chinese state-owned companies, including oil giant Sinopec (600028.SS) and China Life Insurance (601628.SS), said on Friday they would delist from the New York Stock Exchange , amid economic and diplomatic tensions with the United States. The companies, which also include Aluminum Corporation of China (Chalco) (601600.SS), PetroChina (601857.SS) …

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China's factory inflation hits 17-month low, consumer prices accelerate

China’s factory inflation hits 17-month low, consumer prices accelerate

A worker walks past rolls of steel at the Chongqing Iron and Steel Factory in Changshou, Chongqing, China August 6, 2018. REUTERS/Damir Sagolj/File Photo Join now for FREE unlimited access to Reuters.com Register July producer inflation at lowest since February 2021 July consumer inflation at a 2-year high PBOC should remain dovish to boost growth …

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Cryptoverse: Blockchain bridges fall into troubled waters

Cryptoverse: Blockchain bridges fall into troubled waters

Representations of the cryptocurrencies Bitcoin, Ethereum and Dash dip in water in this illustration taken May 23, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register Aug 9 (Reuters) – Another day, another hack – and another blockchain bridge burned. When thieves stole around $190 million from US crypto firm Nomad last …

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Bridgewater fends off Chinese 'All Weather' copycats

Bridgewater fends off Chinese ‘All Weather’ copycats

SHANGHAI/NEW YORK, Aug 8 (Reuters) – Billionaire hedge fund manager Ray Dalio’s huge popularity in China has not only attracted local investors to his funds, but also spawned local challengers using his strategy and brand.” All Weather” to try and beat him at his own game. Now, the Connecticut-based hedge fund giant he founded, Bridgewater …

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Wall Street ends mixed as investors watch jobs data

Wall Street ends mixed as investors watch jobs data

Indices: Dow slips 0.26%, S&P 0.08%, Nasdaq up 0.41% Energy stocks fall as oil slumps to pre-war level in Ukraine Eyes on Friday’s nonfarm payrolls report Aug 4 (Reuters) – Wall Street’s major indices ended a lackluster session on Thursday as gains in high-growth stocks offset losses in energy stocks as investors awaited the monthly …

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EXCLUSIVE Tencent seeks to increase stake in 'Assassin's Creed' maker Ubisoft - sources

EXCLUSIVE Tencent seeks to increase stake in ‘Assassin’s Creed’ maker Ubisoft – sources

HONG KONG, Aug 4 (Reuters) – Tencent Holdings Ltd (0700.HK) plans to increase its stake in French video game group Ubisoft Entertainment SA (UBIP.PA) as the Chinese gaming giant pivots into the global market gambling, four sources with direct knowledge of the matter told Reuters. China’s largest social media and gaming company, which acquired a …

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OPEC+ agrees to small production increase in Biden setback

OPEC+ agrees to small production increase in Biden setback

OPEC to raise production target by 100,000 bpd from September OPEC faces production challenges to meet existing targets US seeks OPEC production boost to counter Russia Biden trip, US arms sales did not convince DUBAI/LONDON, Aug 3 (Reuters) – OPEC+ is set to raise its oil production target by 100,000 barrels a day, an amount …

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