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Stuff that matters

France expects wine production rebound but drought threatens

Wine production in France is expected to rebound this year from frost-hit output in 2021, although deepening drought may curb volumes, the country’s farm ministry said on Tuesday. Wine production

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Italy’s Generali, UnipolSai to appeal misconduct fine

Italian insurers Generali (GASI.MI) and UnipolSai (US.MI) said on Tuesday they would appeal against the competition regulator’s decision to fine them 5 million euros ($5.1 million) each for unfair commercial

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Boeing deliveries slip to five-month low in July

Boeing (BA.N) jetliner deliveries fell to a five-month low of 26 airplanes in July, highlighting pressure on global supply chains as it prepares to resume deliveries of the 787 Dreamliner.

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Continental expects stronger demand after ‘hurricane’ headwinds in Q2

Continental (CONG.DE) expects higher auto production in the second half of the year as supply chains and semiconductor availability improve, the company said on Tuesday, after reporting a heavy second-quarter

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Rating agencies expect U.S. spending bill to cut inflation, deficit over time

A sweeping bill passed by the U.S. Senate on Sunday and intended to fight climate change, lower drug prices and raise some corporate taxes, will bring down inflation over the

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U.S. manufacturing activity shows signs of peaking

U.S. manufacturing production probably peaked during the second quarter, though the data are noisy and conflicting, and a turning point may not become obvious until September or October. U.S. manufacturing

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Devon Energy to buy Eagle Ford basin operator Validus for $1.8 billion

Shale producer Devon Energy (DVN.N) said on Tuesday it will buy Validus Energy, an Eagle Ford basin operator, for $1.8 billion in cash. The deal comes at a time when

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