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Biden, Modi hail new era for US-India ties and tout deals

Biden, Modi hail new era for US-India ties and tout deals

Jun 23, 2023 | Asia, Economy, Politics, Top News, US

By Nandita Bose and Patricia Zengerle WASHINGTON (Reuters) -U.S. President Joe Biden and Narendra Modi hailed a new era in their countries’ relationship after the White House rolled out the red carpet for the Indian prime minister on Thursday, touting deals on...
Warren Buffett’s charitable giving tops $51 billion

Warren Buffett’s charitable giving tops $51 billion

Jun 22, 2023 | Business, Economy, Entertainment and Lifestyle, Top News, US

By Jonathan Stempel (Reuters) -Warren Buffett has donated another $4.64 billion of Berkshire Hathaway stock to five charities, boosting his total giving since 2006 to more than $51 billion. The annual donation made on Wednesday is the 92-year-old Buffett’s...
Meta Platforms’ return to growth index highlights annual Russell refresh

Meta Platforms’ return to growth index highlights annual Russell refresh

Jun 22, 2023 | Business, Economy, Europe, Technology, UK, US

By Chuck Mikolajczak NEW YORK (Reuters) -Meta Platforms will return to its former status as a full growth stock after financial data provider FTSE Russell finishes its annual shakeup of its stock index components on Friday. The so-called Russell Reconstitution is...
Wall Street extends sell-off as Powell hints at further rate hikes

Wall Street extends sell-off as Powell hints at further rate hikes

Jun 21, 2023 | Business, Economy, Top News, US

By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed lower on Wednesday as Federal Reserve Chairman Jerome Powell’s congressional testimony reinforced the central bank’s objective to rein in inflation as he hinted at the likelihood of further...
Wall Street ends lower, pausing rally as Powell testimony looms

Wall Street ends lower, pausing rally as Powell testimony looms

Jun 21, 2023 | Business, Economy, Top News

By Stephen Culp NEW YORK (Reuters) – U.S. stocks softened on Tuesday, closing in negative territory as investors began the holiday-shortened week by taking profits in the wake of a sustained rally amid signs of weakening global demand. Federal Reserve Chairman...
Private equity-backed Savers Value Village targets $2.7 billion valuation in US IPO

Private equity-backed Savers Value Village targets $2.7 billion valuation in US IPO

Jun 21, 2023 | Business, Economy, US

(This June 20 story has been refiled to spell out the name of Healthcare of Ontario Pension Plan in paragraph 5) By Chibuike Oguh NEW YORK (Reuters) – Savers Value Village said on Tuesday it aims to raise up to nearly $320 million for an initial public offering...
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