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Business

Bitcoin rises above $42,000 for first time since April 2022

Bitcoin rises above $42,000 for first time since April 2022

By Tom Wilson, Tom Westbrook and Chibuike Oguh LONDON/SINGAPORE/NEW YORK (Reuters) -Bitcoin rose on Monday, briefly surpassing $42,000 to reach a 20-month high, in a new surge of momentum fueled by U.S. interest rate cut expectations and traders betting that American...

Continental prepares for asset sales, tightens 2023 targets

Continental prepares for asset sales, tightens 2023 targets

BERLIN (Reuters) -Continental will make its user experience unit, which makes instrument panels and displays for vehicles, independent, opening up the option of a potential sell-off or change of ownership, the company said at a capital markets day on Monday. The auto...

Berkshire declines to pursue its Pilot claims at January trial

Berkshire declines to pursue its Pilot claims at January trial

By Tom Hals WILMINGTON, Delaware (Reuters) - Warren Buffett's Berkshire Hathaway declined a judge's offer for a January trial to resolve its claims that billionaire Jimmy Haslam tried to improperly inflate his stake in a truck stop chain, according to a Monday court...

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