By Ananya Mariam Rajesh and Deborah Mary Sophia (Reuters) – Deal-hungry Americans snapped up everything from toys to electronics during the five-day long Thanksgiving through Cyber Monday shoppi[...]
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Technology
Analysis-U.S. green subsidies heighten fears for German industry
By Andreas Rinke and Sarah Marsh BERLIN (Reuters) – Building a lithium-ion battery factory in Germany, Europe’s top car producer, had seemed like a no-brainer for Northvolt. But a new U.S.[...]
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Analysis-Australian buy-now, pay-later sector faces fresh hurdle: regulation
By Byron Kaye and Lewis Jackson SYDNEY (Reuters) – When Melbourne barista Melinda Elliott had to cut back on casual work shifts this year, she asked her buy-now, pay-later (BNPL) provider, After[...]
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SoftBank-backed Kavak lays off staff, makes ‘significant’ cuts -internal email
(Corrects to show cuts already happened) By Valentine Hilaire MEXICO CITY (Reuters) -Mexican online used-car dealership Kavak has made significant spending cuts and laid off staff as it prepares for a[...]
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Taiwan Oct export orders down more than expected; outlook tough
TAIPEI (Reuters) – Taiwan’s export orders contracted more severely than expected in October on weak consumer demand hit by inflation and interest rate hikes, with the government warning th[...]
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Analysis-U.S. banks to pounce on fintech deals as valuations plunge
By Saeed Azhar and David French NEW YORK (Reuters) – Financial technology companies, long seen as a threat by the likes of JPMorgan Chase & Co, are increasingly becoming acquisition targets[...]
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Taiwan October export orders likely contracted again, but at slower pace- Reuters poll
TAIPEI (Reuters) – Taiwan’s export orders likely contracted again in October as global demand for technology cools though at a slower rate than the previous month, a Reuters poll showed on[...]
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U.S. weekly jobless claims drop; housing market struggling
By Lucia Mutikani WASHINGTON (Reuters) -The number of Americans filing new claims for unemployment benefits fell last week, showing widespread layoffs remain low despite a surge in technology-sector j[...]
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Grayscale Bitcoin Trust falls as cryptocurrencies slide again
(Reuters) – Grayscale Bitcoin Trust, the world’s largest bitcoin fund, fell almost 7% on Wednesday, as investors dumped more digital assets after last week’s high-profile unraveling[...]
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