Apple to buy first large batch of carbon-free aluminum for iPhone SE

Apple Inc said on Thursday it will buy its first industrial-size batch of carbon-free aluminum to use in its low-cost iPhone SE, as it steps up efforts to reduce carbon footprint from the metal it uses heavily in product casings.

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24-03-2022

Fincantieri to expand defence business, M&A halted for now

As Europe steps up its military spending after Russia's invasion of Ukraine, Italian shipbuilder Fincantieri expects to expand its defence business, but sees M&A activity halted for now, its top executives said on Thursday.

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24-03-2022

Daimler Truck sees rising prices in 2022, little impact from Ukraine

BERLIN (Reuters) -Daimler Truck expects high raw material prices to drive price increases this year but limited impact from events in Ukraine, the German truck and bus maker said on Thursday.

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24-03-2022

Euro zone March business growth strong but outlook darkens -PMI

Euro zone business growth was stronger than expected this month, a survey showed on Thursday, although prices rose at a record pace, likely adding to pressure on the European Central Bank to raise interest rates.

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24-03-2022

Nikola shares rise as it starts manufacturing electric trucks

Nikola Corp shares rose about 9% in premarket trade on Thursday, a day after the company said it had started production of its electric truck.

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24-03-2022

Japan arrests, charges SMBC Nikko officials for alleged market manipulation

TOKYO (Reuters) -Japan's SMBC Nikko Securities said on Thursday that executives had been arrested and indicted for alleged market manipulation, following charges from the country's financial watchdog.

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24-03-2022

China says to exempt 3% VAT levied on some small firms

China will exempt the 3% Value Added Tax (VAT) levied on some small firms, the country's main source of jobs, the finance ministry said on Thursday, to help shore up the world's second-largest economy.

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24-03-2022

Swiss National Bank sticks to loose policy despite inflation pickup

ZURICH (Reuters) -The Swiss National Bank has doubled its inflation forecast for this year, citing tensions including the Ukrainian war, but held fast to its expansive monetary policy on Thursday with the world's lowest interest rates.

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24-03-2022

Lloyd's of London sees major claims from Ukraine war

LONDON (Reuters) -Lloyd's of London faces major claims this year related to Russia's invasion of Ukraine, but this will not lead to solvency issues, the commercial insurance market said on Thursday.

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24-03-2022