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Boeing 777X to be delayed to 2027, Bloomberg News reports

By Deborah Mary Sophia and Dan Catchpole (Reuters) -Delivery of Boeing’s 777X jet is being pushed back to early 2027, instead of next year, Bloomberg News reported on Thursday, citing people familiar with the matter. Deutsche Lufthansa AG, the launch customer for Boeing’s newest widebody aircraft, is already preparing for a setback and not including …

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Argentina’s bonds rise in wobbly session as investors eye US support pledge

By Rodrigo Campos and Libby George NEW YORK/LONDON (Reuters) -Argentina’s international dollar bonds rose in a volatile session on Thursday after U.S. Treasury Secretary Scott Bessent said the U.S. is “not putting money into Argentina” shortly after saying that upcoming in-person discussions in Washington would “meaningfully advance” the country’s pledge of financial support for President …

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Boeing expands plans to replace striking workers despite senators’ calls to end standoff

By Dan Catchpole (Reuters) -Boeing is expanding plans to replace striking St. Louis-area workers who assemble fighter jets and munitions with new hires through year’s end, management announced on Thursday in an internal memo shared with Reuters.   Roughly 3,200 members of the International Association of Machinists and Aerospace Workers (IAM) District 837 have been on …

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Exclusive-Trump targets deals in pharma, AI, energy, mining before midterm elections

By Dawn Kopecki, Jarrett Renshaw, Sabrina Valle and Ernest Scheyder NEW YORK, October 2 (Reuters) -Eli Lilly was asked to produce more insulin; Pfizer to produce more of its top-selling cancer drug Ibrance and its cholesterol drug Lipitor; and London-based AstraZeneca to consider a new headquarters in the U.S., according to two sources.  Pharmaceutical executives …

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FICO surges as it cuts out credit bureaus in direct sale plan

By Manya Saini and Arasu Kannagi Basil (Reuters) -Credit score modeling company Fair Isaac Corp, widely known as FICO, surged on Thursday after unveiling plans to sell its credit scores directly to mortgage lenders and resellers, cutting out credit bureaus that serve as intermediaries and rattling major bureau stocks. Shares of Experian, Equifax and TransUnion …

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Tesla posts record deliveries, concerns mount over EV demand post-tax credits

By Akash Sriram and Abhirup Roy (Reuters) -Tesla announced record quarterly deliveries on Thursday, but concerns that an expiration of the U.S. tax credit for EVs would turn a rush of buying into a trickle weighed on its shares. The Elon Musk-led carmaker went all in to drive sales before the withdrawal of the $7,500 …

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Brazil poised to lead global robusta coffee farming on expansion potential, report says

By Marcelo Teixeira (Reuters) -Brazil is positioning itself to overtake Vietnam as the world’s largest robusta coffee producer, driven by the crop’s climate resilience and growing global demand, according to a report by Dutch bank Rabobank released on Thursday.  Robusta coffee production in Brazil has grown steadily in recent years, and is estimated to reach …

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Elon Musk cannot move SEC’s Twitter lawsuit out of Washington DC, judge rules

By Jonathan Stempel (Reuters) -Elon Musk failed to persuade a Washington, D.C. federal judge to move a Securities and Exchange Commission lawsuit over his late disclosure of his growing Twitter stake to Texas, after saying he was too busy to defend himself in the nation’s capital. U.S. District Judge Sparkle Sooknanan said on Thursday she …

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