Business

NEW YORK (Reuters) – Wall Street gained on Monday, with all three major indexes closing near session highs as sustained optimism on the prospects for U.S.-China trade relations propelled technology shares. Workers move a Google logo during the opening of the new Alphabet’s Google Berlin office in Berlin, Germany, January 22, 2019. REUTERS/Hannibal Hanschke The
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FILE PHOTO – Jeffrey Smith, Managing Member, CEO and Chief Investment Officer for Starboard Value LP., speaks at the Sohn Investment Conference in New York City, U.S. May 4, 2016. REUTERS/Brendan McDermid (Reuters) – Starboard Value LP will make a $200 million investment in Papa John’s International Inc and the activist hedge fund’s chief executive
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Australia’s corporate regulators will be subjected to a new oversight body in a shake-up of the banking sector designed to combat the excessive greed and unethical practices that have engulfed some of the country’s biggest financial institutions. FILE PHOTO: A combination of photographs shows people using automated teller machines (ATMs) at Australia’s “Big Four” banks
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FILE PHOTO: Nissan car plant in Sunderland, northern England, June 24, 2010. REUTERS/Nigel Roddis/File Photo LONDON (Reuters) – Japanese carmaker Nissan has scrapped plans to build its new X-Trail SUV in Britain, saying just two months before Brexit that it had taken the decision to “optimize its investments” by building the next generation model in
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BEIJING, (Reuters) – China’s sprawling services sector maintained a solid pace of expansion in January even though growth moderated slightly, a private survey showed on Sunday, offering continued support for the world’s second-largest economy as manufacturing cools. FILE PHOTO: A sales promoter waits for customers at a discount department store in Beijing January 19, 2015.
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WASHINGTON (Reuters) – A federal appeals court asked pointed questions of the Federal Communication Commission on Friday in hearing a challenge to whether the Trump administration acted legally when it repealed landmark net neutrality rules governing internet providers in December 2017. FILE PHOTO: The Federal Communications Commission (FCC) logo is seen before the FCC Net
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WASHINGTON (Reuters) – A federal appeals court was hearing arguments on Friday over whether the Trump administration acted legally when it repealed landmark net neutrality rules governing internet providers in December 2017. The Federal Communications Commission (FCC) logo is seen before the FCC Net Neutrality hearing in Washington February 26, 2015. REUTERS/Yuri Gripas The panel,
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Vehicles of United Parcel Service are seen at the new package sorting and delivery UPS hub in Corbeil-Essonnes and Evry, southern Paris, France, June 26, 2018. REUTERS/Charles Platiau (Reuters) – United Parcel Service Inc reported a better-than-expected quarterly profit, as the company benefited from record volumes during the crucial holiday season. Shares of the world’s
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NEW YORK (Reuters) – Oil prices rose about $1 a barrel on Wednesday, boosted by U.S. government data that showed signs of tightening supply, as investors remained concerned about supply disruptions following U.S. sanctions on Venezuela’s oil industry. U.S. crude futures rose $1.37 to $54.68 a barrel, a 2.6 percent gain, by 1:11 p.m. EST
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VANCOUVER (Reuters) – Chinese telecommunications giant Huawei Technologies Co Ltd Chief Financial Officer Meng Wanzhou appeared in a Canadian court on Tuesday for a hearing concerning her bail in a case that has strained Beijing’s ties with Canada and the United States. FILE PHOTO: Meng Wanzhou, Huawei Technologies Co Ltd’s chief financial officer (CFO), is
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FILE PHOTO – The logo of U.S. pharmaceutical corporation Pfizer Inc. is seen at a branch in Zurich, Switzerland October 2, 2018. REUTERS/Arnd Wiegmann/File Photo (Reuters) – Pfizer Inc forecast full-year revenue below estimates, after reporting a 2 percent rise in quarterly revenue. The company expects revenue of $52 billion to $54 billion, compared with
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Taxis disrupt traffic to protest against ride-hailing services in central Madrid, Spain, January 28, 2019. REUTERS/Juan Medina MADRID (Reuters) – Hundreds of taxis blocked a central traffic artery in Madrid during Monday’s morning rush hour, in their biggest show of strength yet as a protest seeking tighter regulation of Uber and other ride-hailing services entered
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KUALA LUMPUR (Reuters) – Malaysia’s securities regulator said on Saturday it was looking into the conduct of auditors of 1Malaysia Development Bhd (1MDB), a state fund that was wound up after losing billions of dollars in a scandal that erupted under the country’s previous government. FILE PHOTO: A construction worker talks on the phone in
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NEW YORK (Reuters) – U.S. fund managers are continuing their retreat from consumer-related stocks and increasing their defensive bets out of concerns that the U.S. economy is slowing even though government leaders had reached agreement to end the longest shutdown ever. Traders work on the floor of the New York Stock Exchange (NYSE) in New
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