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Excitement and worry as stock options trading booms in India 

Reuters exclusively reported a sudden explosive growth in stock options trading in India this year has got the country’s retail traders excited and regulators worried about the risks such speculative fervour could spawn. The boom in derivatives trading in the country’s historically conservative markets, where some products such as stock futures are still too expensive, […]
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Goldman Sachs discusses bigger bonuses for top traders 

Reuters exclusively reported that Goldman Sachs (GS.N) bosses are considering fatter bonuses to retain star traders and dealmakers this year as the bank looks to win over some who were disappointed by smaller payments in 2022.  The post Goldman Sachs discusses bigger bonuses for top traders  appeared first on Reuters News Agency.
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Google in talks to invest in AI startup Character.AI

Reuters exclusively reported that Google is in talks to invest hundreds of millions of dollars in Character.AI, as the fast growing artificial intelligence chatbot startup seeks capital to train models and keep up with user demand.  The post Google in talks to invest in AI startup Character.AI appeared first on Reuters News Agency.
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Russia’s Putin to stay in power past 2024 

Reuters reported that Vladimir Putin has decided to run in the March presidential election, a move that will keep him in power until least 2030, as the Kremlin chief feels he must steer Russia through the most perilous period in decades.  The post Russia’s Putin to stay in power past 2024  appeared first on Reuters […]
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China’s clashing priorities behind rare money market distress

Reuters exclusively reported China’s attempts to keep the yuan from falling contributed to last week’s chaos in money markets, pointing to the pressure behind the scenes as Beijing tries to guide its economy and markets through a major slowdown. The post China’s clashing priorities behind rare money market distress appeared first on Reuters News Agency.
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Swiss authorities, banks mull new rules to prevent bank runs  

Reuters was first to report that Swiss authorities and lenders, including UBS (UBSG.S), are discussing new measures to prevent bank runs after Credit Suisse’s rescue earlier this year, a move that could affect billions in deposits.  The post Swiss authorities, banks mull new rules to prevent bank runs   appeared first on Reuters News Agency.
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Applied Materials under US criminal probe for shipments to China’s SMIC

Reuters was first to report that semiconductor equipment maker Applied Materials is under U.S. criminal investigation for potentially evading export restrictions on China’s top chipmaker SMIC. The largest U.S. semiconductor equipment maker is being probed by the Justice Department for sending equipment to SMIC via South Korea without export licenses. The news, which Bloomberg in […]
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