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Markets

Wall Street ends sharply lower, hit by bond yields and COVID-19 worries

The S&P 500 eased from a record high on Thursday while the tech-heavy Nasdaq shed more than 1per cent as a spike in U.S. bond yields accelerated a move out of pandemic winner tech stocks and into economy-linked financials and industrials.

Markets

US safety agency reviewing 23 Tesla crashes; three from recent weeks

The U.S. auto safety agency disclosed on Thursday it has opened 25 investigations into crashes of Tesla vehicles, including three crashes in recent weeks, and 23 remain active.

Markets

NASA, SpaceX sign agreement to enhance space safety

NASA said on Thursday it had signed an agreement with billionaire Elon Musk's SpaceX that would focus on avoiding collisions between the agency's spacecraft and the rocket company's large constellation of satellites.

Markets

More than beans: Nestle recycles cocoa fruit waste to replace sugar in chocolate

As confectionery groups scramble to reduce added sugar, chocolate sweetened with cocoa fruit pulp is about to hit supermarket shelves with food giant Nestle ready to launch its "Incoa" bar.

Markets

US corporate reformers face more fights to get proxy votes

U.S. corporations are fighting harder this year to keep activist shareholder proposals off the ballot at their annual meetings, partly because of a proliferation of investor demands for racial justice reforms.

Markets

NFT-related stocks draw attention as digital asset buzz grows

The popularity of non-fungible tokens, a type of digital asset that is authenticated by blockchain, is spreading to equities as investors focus on shares of online art trading platforms and companies making NFT-related announcements, sparking outsize moves in their stocks.

Markets

Thomson Reuters, Refinitiv managers to sell 10.5 million voting shares in LSE, bookrunner says

Thomson Reuters Corp and members of Refinitiv's management plan to indirectly sell about 10.5 million voting shares in London Stock Exchange Group, joint bookrunner J.P. Morgan Securities said in a statement on Thursday.

Markets

Peloton CEO urges customers to read safety warnings after child dies in treadmill accident

Peloton Interactive Inc Chief Executive Officer John Foley on Thursday asked owners of the company's treadmills to check its safety warnings after an accident resulted in a child's death.

Markets

Exclusive: US looks to Canada for minerals to build electric vehicles – documents

The U.S. government is working to help American miners and battery makers expand into Canada, part of a strategy to boost regional production of minerals used to make electric vehicles and counter Chinese dominance.

Markets

Big Tech backs plan to tackle e-waste crisis

Major technology firms including Dell, Microsoft and Google have joined a new initiative aimed at creating a circular economy for electronics by 2030, amid mounting alarm over the world's ballooning e-waste problem.

Markets

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