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16 Feb

Kraft Heinz plans more price hikes as sales, earnings beat estimates

(Reuters) -Kraft Heinz Co said on Wednesday it would raise the prices of its snacks and condiments further to counter soaring costs of raw materials and transportation, after posting quarterly earnings above market expectations.

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16 Feb

Toyota resumes normal North America operations

Toyota Motor Corp said Wednesday it has resumed normal production at six plants in Ontario and the United States after protests by Canadian truck drivers prompted supply problems.

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16 Feb

Jaguar Land Rover, Nvidia ally in vehicle software arms race

Luxury automaker Jaguar Land Rover and Silicon Valley artificial intelligence company Nvidia said Wednesday they will collaborate to develop the computer brains and nervous systems for Jaguars and Land Rovers launching in 2025 and beyond.

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16 Feb

Ryanair expects summer air fares to be higher than in 2019

LISBON (Reuters) -Ryanair expects average air fares during this year's summer peak season to be significantly higher than pre-COVID ticket prices in the same period in 2019, Group Chief Executive Michael O'Leary said on Wednesday.

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16 Feb

Biden gives Jan. 6 panel access to Trump's White House visitor logs

WASHINGTON (Reuters) -President Joe Biden has rejected former President Donald Trump's executive privilege claims and ordered White House visitor logs to be released to the panel investigating the deadly Jan. 6, 2021 attack, according to a letter released on Wednesday.

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16 Feb

Italy's Saipem to rethink green drive after profit warning, sources say

Italy's Saipem is set to take a more cautious approach to new green business after delays to a wind farm project helped to tip the energy contractor into issuing a profit warning, two sources close to the matter said on Wednesday.

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16 Feb

Russia counts on reserves as shield against sanctions

MOSCOW (Reuters) -Possible western sanctions against Russian banks will lead to a spike in market volatility but Russia will be able to withstand restrictions thanks to abundant reserves, Finance Minister Anton Siluanov said on Wednesday.

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