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Trading Day: Investors cling to dovish Fed view

Trading Day: Investors cling to dovish Fed view

By Jamie McGeever ORLANDO, Florida, Dec 11 (Reuters) - Wall Street was mostly higher on Thursday - the Dow and Russell 2000 indices hit new highs but the Nasdaq fell - while shock U.S. jobless claims figures rekindled concern over the labor market and dragged the dollar and Treasury yields lower.
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Mechatronic Expands Exports Following £200k Investment Amid Economic Challenges

Mechatronic Expands Exports Following £200k Investment Amid Economic Challenges

Mechatronic Expands Exports Following £200k Investment Amid Economic Challenges
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Humanoid Robots Highlighted at Silicon Valley Summit Amid Investor Skepticism

Humanoid Robots Highlighted at Silicon Valley Summit Amid Investor Skepticism

Humanoid Robots Highlighted at Silicon Valley Summit Amid Investor Skepticism
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China's Jiangxi Copper sweetens bid for UK-listed SolGold to $1.13 billion

China's Jiangxi Copper sweetens bid for UK-listed SolGold to $1.13 billion

Dec 12 (Reuters) - SolGold said on Friday it was "minded to recommend" an improved offer from its top shareholder, Jiangxi Copper that values the gold and copper miner at about 842 million pounds ($1.13 billion), amid a global race for copper assets.
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Elevate(her) Group Expands Global Mission to Boost Women in Aviation

Elevate(her) Group Expands Global Mission to Boost Women in Aviation

Elevate(her) Group Expands Global Mission to Boost Women in Aviation
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Laura Casci Reflects on First 100 Days as UK Managing Partner for Valcon

Laura Casci Reflects on First 100 Days as UK Managing Partner for Valcon

Laura Casci Reflects on First 100 Days as UK Managing Partner for Valcon
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Stranded Tanker Kairos to be Towed After Drone Strike Damage

Stranded Tanker Kairos to be Towed After Drone Strike Damage

The shadow tanker Kairos, heavily damaged by a drone strike, is set to be towed to a secure location off the Bulgarian coast. The Bulgarian Ministry of Transport has allocated approximately $720,000 for the towing operation, with a contractor already selected. The tanker, attacked by Ukraine on November 28, drifted near the Bulgarian shoreline after being released from a tow. The vessel's stern is severely damaged, with water entering the engine room, rendering the engines and mechanical systems inoperative. Despite the damage, the tanks are empty, and no pollution has been reported in the Black Sea.
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China's Changan Automobile adds Italy and Spain to its European markets

China's Changan Automobile adds Italy and Spain to its European markets

RIVOLI, Italy, Dec 12 (Reuters) - Chinese automaker Changan Automobile is expanding into Italy and Spain with the launch of two fully electric models, followed next year by their plug-in hybrid versions.
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China's Strategic Move in Humanoid Robotics to Address Labor Shortages

China's Strategic Move in Humanoid Robotics to Address Labor Shortages

A recent intelligence report highlights China's strategic advancements in the humanoid robotics sector, driven by demographic challenges and technological progress. The report, from Recorded Future's Insikt Group, suggests that China is poised to lead the global market for humanoid robots, with significant investments from both startups and established corporations, particularly in the automotive industry. These robots are designed to operate in human environments, addressing labor shortages across various sectors. The report also notes China's dominance in patent filings related to humanoid robotics from 2020 to 2025. The inaugural 2025 Robot Olympics in Beijing showcased these advancements, emphasizing China's commitment to this technology.
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All Seas Capital's Investment in Hakim Group Expands Independent Optician Network

All Seas Capital's Investment in Hakim Group Expands Independent Optician Network

All Seas Capital's Investment in Hakim Group Expands Independent Optician Network
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Nick Clegg joins VC firm HIRO Capital to target spatial AI opportunities

Nick Clegg joins VC firm HIRO Capital to target spatial AI opportunities

By Paul Sandle LONDON, Dec 10 (Reuters) - Nick Clegg, the former president of global affairs at Meta and deputy prime minister of Britain, has joined founder-led venture capital firm HIRO Capital to invest in spatial AI innovation in Europe, the firm said on Wednesday.
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Driverless Taxis in the UK Raise Liability Concerns Amidst Rapid Deployment

Driverless Taxis in the UK Raise Liability Concerns Amidst Rapid Deployment

Driverless taxis are set to be introduced in the UK by US companies Waymo and Uber in 2026. However, there is significant uncertainty regarding liability in the event of accidents involving these autonomous vehicles. The lack of clarity on who is responsible—whether it be the car manufacturer, the software developer, the app company, or the city authority—poses a challenge. This ambiguity is a critical issue for the trillion-dollar autonomous vehicle industry, which could face significant hurdles if these liability questions are not resolved. The UK government is proceeding cautiously with its pilot schemes, contrasting with countries like China, which have rapidly advanced their autonomous vehicle ecosystems. The communication of liability and safety information to the public is currently fragmented and filled with legal jargon, which could undermine public confidence in driverless technology.