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Abu Dhabi-backed G42 aims to diversify chip suppliers for AI campus, Semafor reports

1 Sep 2025

(Reuters) -Abu Dhabi-backed technology group G42 aims to diversify chip suppliers beyond Nvidia for the UAE-U.S. AI campus, Semafor reported on Monday, citing a person with direct knowledge of the talks.  The group is negotiating with major American technology firms, including Amazon’s AWS cloud, Microsoft, Meta, and Elon Musk’s xAI to become tenants at the …

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Airbus faces sprint to hit target after about 60 deliveries in August, analysts say

1 Sep 2025

By Tim Hepher PARIS (Reuters) -Airbus needs to deliver planes at a record pace to reach its annual target after delivering about 60 aircraft in August, industry sources and analysts said on Monday. The world’s largest planemaker is aiming for a 7% increase in deliveries to 820 jets this year, but has been hit by …

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China’s GCL expects more information soon on polysilicon restructuring

1 Sep 2025

By Colleen Howe BEIJING (Reuters) -A GCL Technology Holdings official signalled in a call with investors on Sunday that more information on a plan to restructure China’s polysilicon industry would be released soon. “We believe that clearer information should come out soon about the reform, and we will have a better grasp of how our …

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Polish central bank seen cutting key rate by 25 bps on Wednesday: Reuters poll

1 Sep 2025

WARSAW (Reuters) -The National Bank of Poland is expected to resume lowering interest rates on Wednesday, a majority of respondents in a Reuters poll said, as inflation falls within the bank’s target range. The NBP will cut its key rate by 25 basis points to 4.75%, according to 26 of 30 analysts polled, while four …

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Australian job ads steady in August, ANZ-Indeed data shows

1 Sep 2025

SYDNEY (Reuters) -Australian job advertisements were steady in August, highlighting a still resilient labour market amid lower interest rates, while a bounce in retail hiring was expected to persist into coming months. Data from Australia and New Zealand Banking Group and employment website Indeed on Monday showed the number of job ads inched up 0.1% …

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Australia house prices climb in August as demand outstrips supply, Cotality says

31 Aug 2025

SYDNEY (Reuters) -Australian home prices rose in August, driven by increased buyer demand and low levels of advertised stock, property consultant Cotality said on Monday. Prices increased 0.7% in August from July to a median value of A$848,858 ($551,587.93), accelerating from a 0.5% gain the previous month, according to figures from Cotality, formerly CoreLogic. The …

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US still working on trade deals despite court ruling, USTR says

31 Aug 2025

By Jasper Ward and Andrea Shalal WASHINGTON (Reuters) -The Trump administration is continuing its talks with trading partners despite a U.S. appeals court ruling that most of President Donald Trump’s tariffs are illegal, U.S. Trade Representative Jamieson Greer said on Sunday. “Our trading partners, they continue to work very closely with us on negotiations,” he …

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Republican lawmaker Lankford says it’s important for Fed to be independent

31 Aug 2025

By Andrea Shalal WASHINGTON (Reuters) -A Republican U.S. senator on the finance committee on Sunday stressed the importance of an independent Federal Reserve, diverging from Vice President JD Vance’s statement that the president and elected officials should have a say in monetary policy. U.S. Senator James Lankford, a Republican from Oklahoma, told NBC’s “Meet the …

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US jobs data poses hurdle for rate-cut hopes, stocks rally

31 Aug 2025

By Lewis Krauskopf NEW YORK (Reuters) -A U.S. labor market report late next week will give a crucial read into the economy’s health and test investors’ confidence that interest rate cuts are coming soon, a view that has helped lift U.S. equities to record-high levels. Last month’s release of surprisingly weak U.S. payrolls dataraised expectations …

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