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Reuters reveals after Ukraine, ‘whole world’ is a customer for Turkish drone

Reuters exclusively reported that Ukraine’s destruction of Russian artillery systems and armoured vehicles with Turkish Bayraktar TB2 aerial drones has made “the whole world” a customer, according to its designer. Selcuk Bayraktar, who runs the Istanbul firm Baykar with his brother Haluk, said the drones had shown how technology was revolutionising modern warfare. At least […]
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Reuters reveals China’s anti-virus spending boosts medical, tech, construction

Reuters reported that China’s ‘zero-COVID’ policy of constantly monitoring, testing and isolating its citizens to prevent the spread of the coronavirus has battered much of the country’s economy but has created bubbles of growth in the medical, technology and construction sectors. The Chinese government, alone among major countries in vowing to eradicate the coronavirus within […]
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Reuters reveals JetBlue, Spirit near takeover deal

Reuters was first to report that Frontier Group’s $2.7 billion acquisition of Spirit Airlines would collapse after the latter let it go to a shareholder vote that shot the deal down, allowing Spirit Airlines to finalize a $3.8 billion sale to JetBlue Airways. Shares of all three companies moved sharply after Reuters revealed the news. […]
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Reuters reveals U.S. opens criminal probe into Cassava Sciences over Alzheimer’s research; shares drop

Reuters exclusively reported that the U.S. Justice Department has opened a criminal investigation into Cassava Sciences involving whether the biotech company manipulated research results for its experimental Alzheimer’s drug. The probe adds to scrutiny on the company from the U.S. Securities and Exchange Commission and investors after two physicians made allegations of data manipulation and […]
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Reuters reveals that Elon Musk wants to cut 10% of Tesla jobs

Reuters was first to report that Elon Musk plans to cut 10% of staff and freeze hiring, citing a “super bad” feeling about the economy. The internal email, seen by Reuters, stirred investor concern about the health of the global economy, the auto industry and the electric car maker. Nasdaq fell 1% in premarket trading […]
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