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Musk's tweet about buying Manchester United no joke for fed-up fans

Musk’s tweet about buying Manchester United no joke for fed-up fans

Club languishing at bottom of England’s Premier League Manchester United shares spike briefly on tweet Musk has a history of unconventional tweets Entrepreneur seeking to exit $44 bln deal to buy Twitter Aug 17 (Reuters) – Elon Musk, the world’s richest person, briefly lifted the gloom over Manchester United’s (MANU.N) shares and fans on Wednesday …

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

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

A worker walks past steel rolls at the Chongqing Iron and Steel plant in Changshou, Chongqing, China August 6, 2018. REUTERS/Damir Sagolj/File Photo Register now for FREE unlimited access to Reuters.com Register July producer inflation at lowest since Feb 2021 July consumer inflation at 2-year high PBOC seen staying accommodative to spur growth BEIJING, Aug …

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Oil drops as weak Chinese factory data heightens demand concerns

Oil drops as weak Chinese factory data heightens demand concerns

LONDON, Aug 1 (Reuters) – Oil prices dropped on Monday as weak manufacturing data from China and Japan weighed on the demand outlook while investors braced for this week’s meeting of officials from OPEC and other top crude producers on supply adjustments. Brent crude futures were down $1.42, or 1.4%, at $102.55 a barrel by …

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Shell smashes record again with $11.5 billion profit

Shell smashes record again with $11.5 billion profit

General view of a Shell petrol station sign in Milton Keynes, Britain, January 5, 2022. REUTERS/Andrew Boyers/File Photo GLOBAL BUSINESS WEEK AHEAD Register now for FREE unlimited access to Reuters.com Register Shell announced $6 bln buyback program Refining margins triple in second quarter Strong gas and power trading lift profits LONDON, July 28 (Reuters) – …

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Tesla profit tops target;  Musk sees no demand problem

Tesla profit tops target; Musk sees no demand problem

July 20 (Reuters) – Tesla Inc (TSLA.O) on Wednesday reported a smaller-than-expected drop in quarterly profit as a string of price increases on its electric vehicles (EVs) helped offset production challenges caused by COVID-19 lockdowns in China. Chief Financial Officer Zachary Kirkhorn said Tesla was still pushing to reach 50% growth in deliveries this year, …

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China's economy brakes sharply in Q2, global risks darken outlook

China’s economy brakes sharply in Q2, global risks darken outlook

China’s Q2 GDP shrinks from Q1, Y/Y growth slows sharply Widespread COVID lockdowns hammer industrial activity, demand June shows bounce in activity, but global risks darken outlook Fresh COVID flare-ups, Ukraine War, global rate hikes heap pressure Analysts expect full year GDP growth to lag govt target of 5.5% BEIJING, July 15 (Reuters) – China’s …

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Canadians' anger over Rogers outage may complicate its merger hopes

Canadians’ anger over Rogers outage may complicate its merger hopes

The Rogers Building, the green-topped corporate campus of Canadian media conglomerate Rogers Communications is seen in downtown Toronto, Ontario, Canada July 9, 2022. REUTERS/Chris Helgren Register now for FREE unlimited access to Reuters.com Register TORONTO, July 10 (Reuters) – Rogers Communications (RCIb.TO) complicated its chances of getting antitrust approval for a C$20 billion telecom merger …

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Mars, birth rates, but no Twitter: Elon Musk captivates Sun Valley moguls

Mars, birth rates, but no Twitter: Elon Musk captivates Sun Valley moguls

SpaceX owner and Tesla CEO Elon Musk speaks at the E3 gaming convention in Los Angeles, California, US, June 13, 2019. REUTERS/Mike Blake/ Register now for FREE unlimited access to Reuters.com Register July 9 (Reuters) – Elon Musk avoided discussing the collapsed Twitter deal as he addressed an audience of moguls on Saturday in Sun …

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