Italy fines German online broker Trade Republic €2.5 mln for misleading ads

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The US added Chinese e-commerce giant Alibaba, internet search provider Baidu, and automakers BYD and NIO to a list of companies it believes are aiding Beijing's military, in a move that could inflame tensions between the countries

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From luxury fashion brand Prada moving into spacewear to researchers mimicking the conditions fans are likely to experience at the upcoming #FIFAWorldCup, here are the top technology and innovation stories from this week

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WATCH: Higher US interest rates and sticky inflation are keeping the dollar in focus, with some analysts calling strength the key trade. Jane Foley from Rabobank told @Reuters what traders are expecting from the Fed hikes

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UK homebuilder Bellway says Iran war and political uncertainty cloud outlook

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German exports up, production falls short of forecasts

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TSX futures up on easing Middle East tensions

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Hungarian prosecutors bring charges against head of anti-graft body

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Germans more pessimistic than European peers as price worries reshape spending, BCG says

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UK homebuilder Bellway sees moderating demand, higher costs

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SoftwareOne expects AI, Crayon integration to support 2030 targets

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WATCH: Italian fashion house Prada unveiled the inner-layer garment set to be worn by NASA astronauts heading to the moon, underscoring the brand's push to be the first major luxury player to make inroads in the space industry

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WATCH: ChatGPT maker OpenAI confidentially filed for a US initial public offering recently, the company said, joining rival Anthropic in a push toward the stock market as investors seek exposure to the artificial intelligence boom

Reuters Business

WATCH: Apple rolled out a long-delayed overhaul of Siri, betting the upgraded assistant can help close the gap with Big Tech rivals and new-age startups in the crucial AI race

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China's export growth accelerated in May, buoyed by robust demand for chips, autos and other high-tech goods fueling the global AI boom, giving policymakers some relief as energy price shocks from the Iran conflict weigh on broader demand. More here:

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Late last year, a handful of retired Honda Motor executives started meeting privately to discuss the Japanese automaker's troubles and the person they believed was the cause: Chief Executive Toshihiro Mibe. More here -

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UK consumers up their spending in May after April drop

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The Canadian government is launching a new loan program to help domestic airlines deal with high fuel prices and maintain operations and jobs, the finance ministry said in a statement. More here:

Reuters Business

The US added Chinese e-commerce giant Alibaba, internet search provider Baidu and automaker ‌BYD to a list of companies it believes are aiding Beijing's military, in a move that could inflame tensions between the countries. More here:

Reuters Business

ChatGPT maker OpenAI confidentially filed for a US initial public offering recently, the company said, joining rival Anthropic in a push toward the stock market as investors seek exposure to the artificial intelligence boom. More here:

Reuters Business

US stocks ended mostly higher led by gains in the Nasdaq and chipmakers as investors sought bargains after a sharp selloff