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By Harshita Mary Varghese and Joey Roulette (Reuters) -Amazon on Friday said it booked three Falcon 9 launches with Elon Musk’s SpaceX to help deploy the ecommerce giant’s Project Kuiper satellite network, tapping a rival in the satellite internet business for its multi-billion dollar launch campaign. Amazon aims to build Kuiper as a constellation of …

Amazon taps SpaceX’s Falcon 9 rocket to help launch Kuiper satellites Read More »

By Suzanne McGee (Reuters) – Exchange-traded funds (ETFs) had a bumper month in the United States in November, with assets climbing to a record $7.65 trillion, State Street Global Advisors said on Friday. ETF investors aggressively bought “risk on” assets in November as “the switch flipped,” said Matthew Bartolini, head of SPDR Americas Research at …

US ETF assets hit record $7.65 trillion in November -State Street Global Advisors Read More »

By Valerie Insinna and Mike Stone WASHINGTON (Reuters) – The U.S. Air Force has eliminated Boeing from its competition to develop a successor to the E-4B Nightwatch, Boeing confirmed on Friday, shaking up the battle to build the next version of the aircraft known as the “Doomsday Plane” due to its ability to survive a …

Exclusive-Boeing eliminated from US Air Force’s ‘Doomsday Plane’ competition Read More »

By David Randall and Lewis Krauskopf (Reuters) – Investors seeking justification for breathtaking rallies in stocks and bonds are finding hope in the words of Federal Reserve Chair Jerome Powell, even as the central bank insists the fight against inflation has a long way to go. Signs of easing inflation have ignited bets that the …

Analysis-Bullish investors take heart in Powell’s ‘balanced’ outlook Read More »

By David Shepardson WASHINGTON (Reuters) -A U.S. auto safety regulator said on Friday it is opening an investigation into 73,000 Chevrolet Volt plug-in hybrid cars over reports of abrupt loss of power, failures to restart and other issues. The National Highway Traffic Safety Administration said it was opening the preliminary evaluation into the 2016 through …

US opens probe into 73,000 Chevrolet Volt cars over loss of power Read More »

A look at the day ahead in European and global markets from Ankur Banerjee With a blockbuster November in the rear view mirror, investors are gearing up for a bright start to December in Europe, full of expectations that central banks will soon start cutting rates, although a “fireside chat” with Fed Chair Jerome Powell …

Marketmind: Markets wary Powell may undermine rate-cut bets Read More »

By Satoshi Sugiyama TOKYO (Reuters) – Core consumer inflation in Japan’s capital Tokyo likely grew in November but at slower pace than the month before, a Reuters poll of economists showed on Friday, in a sign that price pressures may be easing. The core consumer price index (CPI) in Tokyo, a leading indicator of nationwide …

Tokyo core CPI growth seen slowing to 2.5% in November: Reuters poll Read More »

By Stephen Culp NEW YORK (Reuters) -The Dow Jones Industrial Average closed at its highest level since January 2022 as investors crossed the finish line of a banner month for stocks and viewed cooling inflation data as a harbinger of easing Federal Reserve monetary policy. The Dow was the clear outperformer, with a solid boost …

Dow rallies to year’s highest close, caps blockbuster month Read More »