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Morning Bid: Caution on Ukraine, eyes on Jackson Hole

By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Subdued world markets eyed proposals for a Ukraine-Russia summit with caution, while updates on the shaky U.S. housing market on Tuesday and this week’s Federal Reserve conference in Jackson Hole dominated thinking.     European …

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Analysis-Trump’s interest rate demands put ‘fiscal dominance’ in market spotlight

By Davide Barbuscia NEW YORK (Reuters) -As U.S. debt swells and the White House leans on the Federal Reserve to cut interest rates, investors are weighing the risk of “fiscal dominance,” a scenario where keeping government financing cheap eclipses the fight against inflation. A budget bill passed last month by the Republican-controlled Congress is set …

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Air Canada, flight attendants’ union reach tentative deal to end strike

(Reuters) – Air Canada’s unionized flight attendants has reached an agreement with the country’s largest carrier, the union said on Tuesday. “The Strike has ended. We have a tentative agreement we will bring forward to you,” the Canadian Union of Public Employees said in a Facebook post. The carrier had earlier offered a 38% increase …

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Analysis-Citi’s banking head drives turnaround with more executives, deals, cooperation

By Tatiana Bautzer NEW YORK (Reuters) -Viswas Raghavan’s hiring spree and push for more internal cooperation are helping Citigroup’s investment banking business climb the Wall Street rankings, according to sources, analysts and public data. Since he joined from JPMorgan Chase last year, the head of Citi’s banking group has added more than a dozen star …

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Air Canada CEO amazed by union’s defiance of ruling to end strike

By Rajesh Kumar Singh and Allison Lampert CHICAGO/MONTREAL (Reuters) -Air Canada CEO Mike Rousseau said on Monday the airline was “amazed” by the decision of its flight attendants’ union to defy an order by the Canada Industrial Relations Board, which has declared the union’s strike unlawful. The Canadian Union of Public Employees has said the …

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Blockchain lender Figure Technology reveals revenue surge in US IPO filing

By Arasu Kannagi Basil (Reuters) -Figure Technology Solutions’ revenue surged 22% in the first half of 2025, the blockchain lender disclosed on Monday in its U.S. initial public offering paperwork, the latest crypto-linked firm set to hit the new listings market. A crypto-friendly environment under the Trump administration and the blowout debut of stablecoin issuer …

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SoftBank’s Son backs ally Tan with $2 billion Intel investment

By Sam Nussey, Fanny Potkin and Anton Bridge TOKYO (Reuters) -When Lip-Bu Tan stepped down from the SoftBank Group board in 2022 at a time when the Japanese company was grappling with soured investments, his parting message offered advice on how Masayoshi Son’s conglomerate could strengthen its business. Three years later, a resurgent SoftBank has …

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Factbox-SoftBank’s growing bets on AI and semiconductor assets

(Reuters) -SoftBank announced on Tuesday a $2 billion investment in Intel that will add to the Japanese tech investor’s ambitious bet on artificial intelligence and the chip industry. Below are major AI investments SoftBank has announced so far. INTEL On August 18, SoftBank announced a $2 billion equity investment in Intel, saying the deal reflected …

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Air Canada, cabin crew union hold first talks since strike began

By Allison Lampert MONTREAL (Reuters) -Air Canada and the union representing 10,000 striking flight attendants were holding early discussions on Monday night, the union said in a statement, the first such talks in nearly a week. In a rare act of defiance, the Canadian Union of Public Employees (CUPE) remained on strike even after the …

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