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US tech companies yank job offers, leaving college grads scrambling

US tech companies yank job offers, leaving college grads scrambling

June 22 (Reuters) – One by one, over the last week of May, Twitter Inc (TWTR.N) rank up some members of its incoming class of new hires who had recently graduated from college and revoked the job offers in 15-minute calls, according to some of the recipients. “It was traumatic,” Iris Guo, an incoming associate …

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Exclusive: Inside the hangar at the center of the $1 billion Airbus-Qatar jet dispute

Exclusive: Inside the hangar at the center of the $1 billion Airbus-Qatar jet dispute

DOHA, June 22 (Reuters) – Two high-tech Airbus A350 jets sit idle with their windows taped and engines covered in a floodlit hangar in the Gulf, hobbled by an international legal dispute between European industrial giant Airbus (AIR.PA) and Qatar’s national carrier. From a distance, the planes might seem like any other long-haul jetliners crowding …

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Germany risks recession as Russian gas crisis deepens

Germany risks recession as Russian gas crisis deepens

Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/File Photo Register now for FREE unlimited access to Reuters.com Register More Europeans activate first stage of gas crisis plans Surging gas price adds to policymakers’ inflation headache Slowing flows hinder efforts to refill …

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EU leaders to keep sanction pressure on Russia, gold flagged as new target

EU leaders to keep sanction pressure on Russia, gold flagged as new target

EU leaders to hold summit this week, Ukraine in focus They will commit to work on more sanctions – draft accord Gold, vital asset for Russia cenbank, may be among new targets BRUSSELS, June 21 (Reuters) – European Union leaders aim to maintain pressure on Russia at their summit this week by committing to further …

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Shares slide as sentiment ebbs on rate fears, yields rise

Wall Street set for bounceback but recession risk keeps investors cautious

LONDON, June 21 (Reuters) – Wall Street was set to open higher on Tuesday and European shares were set for a second day of gains, recovering slightly from last week’s 17-month lows, but major central banks’ rate hike plans and global recession risks kept investors cautious. World stocks have edged higher so far this week, …

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Crypto's latest meltdown leaves punters bruised and bewildered

Crypto’s latest meltdown leaves punters bruised and bewildered

LONDON/MUMBAI/ANKARA, June 21 (Reuters) – For Jeremy Fong, US crypto lender Celsius was an ideal place to stash his digital currency holdings – and earn some spending money from its double-digit interest rates along the way. “I was probably earning $100 a week,” at sites like Celsius, said Fong, a 29-year civil aerospace worker who …

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