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23 May

Chipmaker Broadcom in talks to acquire VMware for $60 billion -sources

NEW YORK/STOCKHOLM (Reuters) -Broadcom Inc is in talks to acquire cloud service provider VMware Inc in a $60 billion deal which would further diversify the chip manufacturer's business into enterprise software, people familiar with the matter said.

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23 May

Brazil's Air Force to cut Embraer order to 15 aircraft -report

SAO PAULO (Reuters) -The Brazilian Air Force has decided to cut its order for Embraer SA's KB-390 military cargo planes to 15 aircraft from 22 previously, according to a report from local newspaper O Globo on Monday.

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23 May

Bostic: Baseline is to pause rate hikes in September to assess impact

After approving two more half-point rate increases at coming June and July meetings it "might make sense" for the Federal Reserve to pause further hikes as it assesses the impact on inflation and the economy, Atlanta Fed President Raphael Bostic said on Monday.

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23 May

Fed's Bostic suggests pausing rate hikes in September to assess impact

ATLANTA (Reuters) -It "might make sense" for the Federal Reserve to pause further interest rate hikes following expected half-point rate increases over the next two months as the central bank assesses the impact on inflation and the economy, Atlanta Fed President Raphael Bostic said on Monday.

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23 May

Indonesia has no plan to reduce palm oil in biodiesel mix - minister

Indonesia has no plans to reduce the percentage of palm oil in biodiesel below its current level of 30% in order to ensure the country's energy supply, its minister for economic affairs, Airlangga Hartarto, told Reuters on Monday.

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23 May

Tesla investor Streur says carmaker still believes in ESG

Tesla Inc CEO Elon Musk may have denounced business use of environmental, social and governance (ESG) factors as a "scam" last week but one sustainable investing pioneer thinks the electric carmaker still believes in the cause.

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23 May

Barclays finds 'material weakness' in internal controls after issuance blunder

Barclays said on Monday it had identified a single "material weakness" in its internal control processes, as it refiled its accounts with U.S. regulators after a blunder led it to issue more structured notes than it was allowed.

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