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SYDNEY (Reuters) -Australia’s central bank is examining three issues that could influence policy, including whether firms have changed how they set prices and whether the transmission channels for monetary policy have changed, a senior official said on Thursday. “We are constantly curious about how the economy is shifting and changing beneath the surface, the drivers …

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(Reuters) -Netflix has informed Warner Bros. Discovery management that it would continue releasing the studio’s films in theaters if its acquisition of the company succeeds, Bloomberg News reported on Wednesday. Warner Bros.’ existing theatrical release contracts would be honored, the report said, citing sources familiar with the matter Reuters could not immediately verify the report. …

Netflix’s Warner Bros bid will include theater releases, Bloomberg News reports Read More »

(Reuters) -Universal Music Group, Sony Music and Warner Music Group have licensed their catalogs to Klay, an AI-powered music streaming startup that will let users remake songs using artificial intelligence, Bloomberg News reported on Wednesday, citing people familiar with the deals. Klay is the first AI music service to secure deals with all three major …

Major music labels strike licensing deals with AI streaming startup Klay, Bloomberg News reports Read More »

(Reuters) -Egypt has selected U.S. energy firm Hartree Partners for a $4 billion natural gas deal, Deputy Secretary of State Christopher Landau announced Wednesday. (Reporting by Ismail Shakil, writing by Christian Martinez)

(Reuters) -Central Bancompany raised $373.33 million in its U.S. initial public offering on Wednesday, positioning the lender for its debut during a period of renewed investor scrutiny of regional banks amid private credit jitters. The Jefferson City, Missouri-based lender sold 17.78 million shares priced at $21 apiece in the IPO, compared with its marketed range …

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By Laila Kearney (Reuters) -Operators of the U.S. electric grid covering the world’s largest data center market on Wednesday said they planned to move forward with a plan to manage the connection of the giant server warehouses that are propelling the country’s power use to record highs and raising the risk of supply shortfalls. PJM …

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By Dietrich Knauth NEW YORK (Reuters) -A U.S. bankruptcy judge on Wednesday ordered an independent investigation into auto parts maker First Brands, allocating a $7 million budget to probe allegations of fraud involving the company’s use of third-party financing for customer invoices. U.S. Bankruptcy Judge Christopher Lopez in Houston, who is overseeing the bankruptcy, did …

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