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Rivian aims for $70B
Sat, 29 May 2021 13:29:26 GMT
 
The US electric-truck producer Rivian Automotive Inc stated on Friday that it would aim for $70B valuation at its possible initial public offering. >>
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Biden stands for larger spending
Sat, 29 May 2021 12:29:13 GMT
 
The US President Joe Biden stated on Friday that government spending on education and infrastructure must be increased while the cost of borrowing remained cheap. >>
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Colonial Pipeline solves all problems
Sat, 29 May 2021 11:31:27 GMT
 
Colonial Pipeline stated on Friday that it had fully solved all problems with network disruptions. >>
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3M wins court case
Sat, 29 May 2021 10:22:07 GMT
 
On Friday, 3M Co won a trial, thus proving that it did not cover up defects of design in its military's earplugs. >>
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US, China might ease tensions
Sat, 29 May 2021 09:36:10 GMT
 
According to a Chinese think-tank, Washington and Beijing might agree to increase tariff exclusions in order to ease tensions. >>
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US treasury secretary expects higher inflation
Sat, 29 May 2021 08:00:07 GMT
 
The US Treasury Secretary Janet Yellen expects higher inflation later this year as the US economy continues to recover from the COVID-19 pandemic. >>
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Economic activity in Brazil better than expected
Sat, 29 May 2021 07:30:13 GMT
 
The economy of Brazil performed better than forecasted in the first three months of 2021, data published by the Central Bank of Brazil show. >>
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Brazilian jobless rate reaches record
Sat, 29 May 2021 05:00:07 GMT
 
The unemployment rate in Brazil increased to a record level of 14.7%, or around 14.8M people, in the first three months of 2021, the Institute of Geography and Statistics reports. >>
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Japanese unemployment rises
Sat, 29 May 2021 04:00:10 GMT
 
The unemployment rate in Japan rose to 2.8% in April for the first time in six months, data published by the Ministry of Internal Affairs and Communications show. >>
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French economy contracts
Sat, 29 May 2021 03:00:05 GMT
 
The economy of France contracted 0.1% in the first quarter of 2021, compared to the last three months of 2020, the National Institute of Statistics and Economic Studies reports. >>
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US economy expands
Fri, 28 May 2021 21:52:17 GMT
 
The US economy expanded 6.4% in the first three months of 2021, compared to the same period in 2020, a statement published by the US Commerce Department shows. >>
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Germany to spend €8B on hydrogen projects
Fri, 28 May 2021 21:46:56 GMT
 
Germany plans to spend more than €8B on 62 large hydrogen projects as the country moves towards climate neutrality, the Ministry for Economic Affairs and Energy reports. >>
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US consumer spending surges by 0.50%
Fri, 28 May 2021 20:00:08 GMT
 
According to the US Commerce Department, consumer spending, which accounts for more than two-thirds of the US economic activity, surged by 0.50% in April. >>
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US consumer prices surge in April
Fri, 28 May 2021 19:00:06 GMT
 
As reported by the US Commerce Department on Friday, US inflation edged higher by 0.70% last month. >>
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GameStop, AMC stocks edge higher
Fri, 28 May 2021 18:00:08 GMT
 
AMC Entertainment's shares rose by 17.3% to $31.11 in the US premarket trading on Friday, while stocks of video game retailer GameStop soared by 2%. >>
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