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23/06/2025

Tesla rolls out robotaxis in Texas test


Tesla (TSLA.O) deployed a small group of self-driving taxis picking up paying passengers on Sunday in Austin, Texas, with CEO Elon Musk announcing the "robotaxi launch" and social-media influencers posting videos of their first rides.


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Shares slip, oil rises as investors weigh Iran scenarios


Shares slipped in Asia on Monday and oil prices briefly hit five-month highs as investors anxiously waited to see if Iran would retaliate against U.S. attacks on its nuclear sites, with resulting risks to global activity and inflation.


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Bitcoin falls 4% to $99,237


Bitcoin, the world's largest cryptocurrency by market value, was down by 4.13% at $99,237 at 10:52 a.m. ET (1452 GMT) on Sunday.


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19/06/2025

Nippon Steel's purchase of U.S. Steel closes, with big role for Trump


Nippon Steel's (5401.T) $14.9-billion acquisition of U.S. Steel (X.N) closed on Wednesday, the companies said, confirming an unusual degree of power for President Donald Trump after the Japanese company's 18-month struggle to close the purchase.


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Apple eyes using AI to design its chips, technology executive says


Apple (AAPL.O) is interested in tapping generative artificial intelligence to help speed up the design of the custom chips at the heart of its devices, its top hardware technology executive said in private remarks last month.


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Microsoft planning thousands of job cuts aimed at salespeople


Microsoft (MSFT.O) is planning to cut thousands of jobs, particularly in sales, as the tech giant streamlines its workforce amid increased investments in artificial intelligence, Bloomberg News reported on Wednesday, citing people familiar with the matter.​​


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17/06/2025

Eli Lilly nears $1.3 billion deal for gene-editing biotech Verve Therapeutics


Eli Lilly (LLY.N) is in advanced talks to acquire gene editing startup Verve Therapeutics (VERV.O) for up to $1.3 billion, aiming to strengthen its pipeline of experimental medicines, the Financial Times reported on Monday.


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OpenAI executives have discussed accusing Microsoft of anticompetitive behavior


Executives at OpenAI have discussed accusing the company's major backer, Microsoft (MSFT.O), of anticompetitive behavior during their partnership, the Wall Street Journal reported on Monday, citing people familiar with the matter.


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Dollar rises, yen steady ahead of BOJ rate decision


The dollar firmed slightly on Tuesday though most currencies held tight ranges as investors remained spooked by ongoing tensions in the Middle East and awaited upcoming central bank decisions.​​


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15/06/2025

EU's nuclear energy plans require 241 billion euro investment, draft shows


European Union countries' plans to expand nuclear energy will require 241 billion euros ($278 billion) in investments, and new funding instruments to make these huge costs less risky for private investors, the European Commission said on Friday.


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