Cummins to Pay RecordSetting 1.675B US Environmental Fine

WASHINGTON, Reuters Truck engine maker Cummins Inc has agreed in principle to pay a 1.675 billion fine for installing devices on hundreds of thousands of engines to allow them to emit excess pollution, the largestever civil penalty for a Clean Air Act violation, the U.S. Justice Department said on Friday. The Department said Cummins allegedly installed socalled […]
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OpenAI in Talks to Raise new Funding Bloomberg News

Reuters OpenAI is in early talks to raise a fresh round of funding at a valuation at or above 100 billion, Bloomberg News reported on Friday, citing people with knowledge of the matter. The terms, valuation and timing of the funding round have not yet been finalized and could still change, the report said. OpenAI […]
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Nvidia Raises 15M for nonProfits Helping IsraelHamas WarHit Civilians

JERUSALEM, Reuters U.S. chipmaker Nvidia and its employees have donated 15 million to Israeli and foreign nonprofit organisations that are supporting civilians affected by Israel39;s war with Palestinian militant group Hamas. Thousands of employees from more than 30 countries donated a total of 5 million, which the company matched and doubled to 10 million under a special […]
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Local boy Ratcliffe Takes Stake in Manchester United

Reuters British billionaire Jim Ratcliffe struck a long awaited deal on Sunday to buy a 25 stake in Manchester United and pledged to invest 300 million in the English Premier League soccer club to try to revive its fortunes. The deal, which will also see Ratcliffe39;s INEOS group take over management of the club39;s soccer […]
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Wirecard Investor Lawsuit Against EY Filed in Munich

FRANKFURT, Dec 22 Reuters A new investor lawsuit is claiming more than 700 million euros 771.40 million in damages from accounting firm EY for its role in auditing the books of Wirecard before its collapse in 2020, a shareholder group said. The 80,000page suit represents 13,000 individual and institutional investors and was filed in a […]
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Iraq Backs OPEC Agreement, Commitment to Voluntary Oil Cuts

CAIRO, Dec 22 Reuters Iraq oil ministry spokesman Asim Jihad affirmed Iraq39;s support for the OPEC agreement and its commitment to voluntary oil cuts, according to the Iraqi News Agency on Friday. Iraq39;s decision comes within the framework of joint efforts to achieve a stable and balanced oil market, he added. The government is working […]
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