Category: Business
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Tesla plans $800 million debt sale backed by prime leases, Bloomberg News reports
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(Reuters) -Tesla is preparing to sell $783 million in debt, backed by automotive leases from its prime borrowers…
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Exclusive-Spain calls for compromise with China ahead of EU vote on EV tariffs
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By Belén Carreño MADRID (Reuters) – The European Union should seek a compromise and negotiated outcome with China,…
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OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia
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By Krystal Hu (Reuters) -OpenAI, the company behind ChatGPT, has raised $6.6 billion from investors, which could value…
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Tesla misses estimates for third-quarter deliveries on stiff competition
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By Akash Sriram (Reuters) -Tesla handed over fewer vehicles than analysts expected in the third quarter as stiff…
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Lilly to invest $4.5 billion on new facility to scale-up pipeline drug production
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(Reuters) -U.S. drugmaker Eli Lilly said on Wednesday it will invest $4.5 billion to create a new center…
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US issues $2 billion electric vehicle tax rebates since Jan 1, Treasury says
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By David Shepardson WASHINGTON (Reuters) – The U.S. government has issued $2 billion in advance point-of-sale consumer electric…
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Nike posts bigger-than-expected sales drop on stiff competition
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(Reuters) -Nike posted a bigger-than-expected drop in first-quarter revenue on Tuesday, as the sportswear giant battles weak consumer…
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Anti-ESG backlash in US is overstated, JPMorgan exec says
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By Virginia Furness LONDON (Reuters) – The impact of a political backlash against environmental, social and governance-related (ESG)…
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DirecTV clinches long-elusive deal to combine with Dish
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By Milana Vinn and Dawn Chmielewski NEW YORK (Reuters) – DirecTV on Monday agreed to buy EchoStar’s satellite…
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EBay wins dismissal of US lawsuit over sale of harmful products
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By Jonathan Stempel NEW YORK (Reuters) -A federal judge dismissed a U.S. Department of Justice lawsuit accusing eBay…
