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Harvard Medical School licenses consumer health content to Microsoft

(Reuters) -Harvard University said on Wednesday that its graduate medical school has entered a licensing agreement with Microsoft, granting the tech company access to its consumer health content on specific diseases and wellness topics. Microsoft will pay Harvard a licensing fee, a university spokesperson said in a statement, adding that the agreement was made through …

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US probes driver assistance software in 2.9 million Tesla vehicles over traffic violations

By David Shepardson WASHINGTON (Reuters) -The U.S. National Highway Traffic Safety Administration said on Thursday that it is opening an investigation into 2.88 million Tesla vehicles equipped with its Full Self-Driving system over more than 50 reports of traffic-safety violations and a series of crashes. The auto safety agency said FSD – an assistance system …

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Copper output from Chile’s Codelco slides 25% in August after deadly mine accident

SANTIAGO (Reuters) -Copper production from Chilean state-run miner Codelco tumbled 25% in August, data from copper commission Cochilco showed on Thursday, after a deadly collapse stunted output from its most-profitable mine. Codelco’s El Teniente mine was forced to halt production after the July 31 accident that killed six people. The miner has estimated that the …

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Airbus sees sharp rise in aircraft services as fleets grow

PARIS (Reuters) -Airbus is predicting 3.6% average growth in aircraft services over the next 20 years, creating jobs for 2.35 million pilots, mechanics and other workers to meet air travel growth. The European planemaker is one of several aerospace companies that have made a push into services alongside their traditional manufacturing roles in recent years …

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Fintech company Younited strikes 400 million euros warehouse financing facility

(Reuters) -Fintech firm Younited, which provides personal loans and credit, announced it secured a 400 million euros ($464.48 million) warehouse financing facility with U.S. bank Citi, backed by French and Italian consumer loans. Warehouse financing is a short-term financing option in which businesses can use their inventory as collateral. WHY IT’S IMPORTANT: Younited’s latest financing …

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Mexico’s annual inflation rises in September, but remains within target range

By Aida Pelaez-Fernandez MEXICO CITY (Reuters) -Mexico’s annual inflation rate quickened in September at a pace slightly below expectations, official data showed on Thursday, but remained within the central bank’s target range of 3% plus or minus a percentage point. Consumer prices in Latin America’s second-largest economy rose 3.76% in the year through September, according …

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Brazil’s cenbank director says tightening pause means longer hold on rate levels

By Marcela Ayres (Reuters) -Brazil’s central bank monetary policy director Nilton David said on Thursday that the decision by policymakers to interrupt the monetary tightening cycle requires keeping interest rates unchanged for longer than if they had continued raising them. “This decision was made by the committee and it is being applied now, which is …

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Fed’s Williams tells New York Times he backs more rate cuts this year

(Reuters) -New York Federal Reserve President John Williams backs more interest rate cuts this year given the risk of a further slowdown in the labor market, according to an interview published by the New York Times on Thursday. Williams, the Fed vice chair and a permanent voting member of the U.S. central bank’s rate-setting Federal …

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Brazil inflation rebounds in September despite falling food prices

SAO PAULO (Reuters) -Brazil’s inflation resumed growth in September, despite the continuous easing in food prices, data from statistics agency IBGE showed on Thursday. Consumer prices in Latin America’s largest economy rose 0.48% in September, up from a 0.11% drop in August, the agency said. The result came in slightly below the 0.52% expansion forecast …

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US consumer goods prices rise in September, OpenBrand says

(Changes headline to show OpenBrand rather than Openbrand) WASHINGTON (Reuters) -Prices for long-lasting U.S. consumer and personal goods increased in September, data from OpenBrand showed on Thursday, though the boost from import tariffs appeared to be fading. A partial U.S. government shutdown, now in its second week, has caused the suspension of official economic data …

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