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Saudi energy minister denies Aramco IPO will be called off

CAIRO (Reuters) – Saudi Arabia’s energy minister denied a Reuters report that state oil giant Aramco’s initial public offering will be called off, in a statement issued early on Thursday. FILE PHOTO: Saudi Energy Minister Khalid al-Falih attends a session of the St. Petersburg International Economic Forum, Russia May 25, 2018. REUTERS/Sergei…

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Investors in Tesla bonds, options show skepticism on buyout

NEW YORK (Reuters) – Investors in the debt and in the equity options of electric carmaker Tesla (TSLA.O) are betting the take-private deal described by Chief Executive Elon Musk will not materialize. FILE PHOTO: A Tesla electric car supercharger station is seen in Los Angeles, California, U.S. August 2, 2018. REUTERS/Lucy Nicholson/FIle…

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Lyft surpasses 5,000 self-driving rides with Aptiv fleet

SAN FRANCISCO (Reuters) – Lyft has completed more than 5,000 self-driving rides through its ride-hailing app, the company said on Tuesday, as it aims to become a serious competitor in autonomous driving while its biggest rival, Uber, retrenches. Lyft launched its self-driving service in January in Las Vegas, where passengers can take…

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U.S. stock futures open lower after Cohen pleads guilty

(Reuters) – U.S. stock futures opened lower late on Tuesday after U.S. President Donald Trump’s former personal lawyer Michael Cohen pleaded guilty to campaign finance violations and other charges. U.S. President Donald Trump’s former lawyer, Michael Cohen, leaves the Daniel Patrick Moynihan United States Court House in lower Manhattan, New York City,…

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U.S. airline Hawaiian to suspend its Beijing flight from October

(Reuters) – Hawaiian Airlines said on Tuesday that it has decided to suspend its thrice-weekly non-stop flight between Honolulu and Beijing after the National Day Golden Week holiday in October. FILE PHOTO – A Hawaiian Airlines Airbus A330-200 takes off at San Francisco International Airport, San Francisco, California, February 16, 2015. REUTERS/Louis…

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