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Wall Street rallies on economic data, crude falls as stockpiles jump

Wall Street rallies on economic data, crude falls as stockpiles jump

NEW YORK, Aug 3 (Reuters) – U.S. stocks closed sharply higher and Treasury yields hit a two-week high on Wednesday, as strong economic data, upbeat business guidance and an easing of geopolitical concerns propelled investors’ appetite for risk. Crude futures for the previous month fell after a report that US crude and gasoline stockpiles unexpectedly …

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Toyota unit falsified emissions data from at least 2003, probe finds

Toyota unit falsified emissions data from at least 2003, probe finds

Hino Motors Ltd displays its new Hybrid Profia, a diesel-hybrid version of its large commercial truck model at its Hino R&D Center in Tokyo, Japan, July 17, 2018. REUTERS/Naomi Tajitsu/File Photo Sign up now for FREE unlimited access to Reuters.com Record Committee releases report on Hino fake data scandal He says that the engineers did …

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Asian stocks slide with U.S. yields on Pelosi jitters; Aussie drops

Google helps jittery stocks ahead of Fed

A man wearing a protective face mask, amid the coronavirus disease (COVID-19) pandemic, walks past a screen displaying the Shanghai Composite Index, the Nikkei Index and the Dow Jones Industrial Average in front of a house of stock exchange in Tokyo, Japan, on February 14, 2022. REUTERS/ Kim Kyung Hoon Sign up now for FREE …

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Shenzhen accelerates China’s driverless car dreams

Shenzhen accelerates China's driverless car dreams

SHENZHEN, China, Aug 1 (Reuters) – On a busy downtown street, three delivery bikes suddenly cross the crosswalk in front of the car. On the car dashboard they look like little blue 3D blocks from a 90s video game. The steering wheel turns just a notch and the vehicle slows to a smooth stop, while …

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Google helps jittery stocks ahead of Fed

Google helps jittery stocks ahead of Fed

A man wearing a protective face mask, amid the coronavirus disease (COVID-19) pandemic, walks past a screen displaying the Shanghai Composite Index, the Nikkei Index and the Dow Jones Industrial Average in front of a house of stock exchange in Tokyo, Japan, on February 14, 2022. REUTERS/ Kim Kyung Hoon Sign up now for FREE …

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