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Dialog shares tank on report Apple to design own power chips

FILE PHOTO: The new iPhone X is pictured at the Apple Store Marche Saint-Germain in Paris, France, November 3, 2017. REUTERS/Benoit Tessier/File Photo FRANKFURT (Reuters) – Apple is designing its own power-management chips for use in iPhones as early as 2018, ... More »

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Now hiring? Amazon says its voice aide Alexa is ready for the office

The Amazon Echo, a voice-controlled virtual assistant, is seen at it’s product launch for Britain and Germany in London, Britain, September 14, 2016. REUTER/Peter Hobson (Reuters) – Amazon.com Inc (AMZN.O) wants to be your new executive assistant at work. The ... More »

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Bodenholm and Westray reveal media stock shorts on changing viewers

LONDON (Reuters) – European hedge funds Bodenholm Capital and Westray Capital Management revealed they had taken short selling positions on some media companies, bets that their stock prices will fall, on the back of changing consumer habits. Online services l... More »

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Uber execs travel world to reassure regulators after controversies

Uber’s Asia Pacific Chief Business Officer Brooks Entwistle gives an interview to Reuters in Tokyo, Japan, November 27, 2017. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Uber executives are travelling the globe to reassure regulators that the company is changing ... More »

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Bubble or breakthrough? Bitcoin keeps central bankers on edge

Bitcoin (virtual currency) coins placed on Dollar banknotes are seen in this illustration picture, November 6, 2017. REUTERS/Dado Ruvic/Illustration FRANKFURT (Reuters) – Central bankers say the success of bitcoin and other cryptocurrencies is just a bubble. B... More »

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South African government bonds weaker after S&P downgrade

South African bank notes featuring images of former South African President Nelson Mandela (R) are displayed next to the American dollar notes in this photo illustration in Johannesburg August 13 2014. REUTERS/Siphiwe Sibeko JOHANNESBURG (Reuters) – South Afri... More »

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AstraZeneca steps up China push with new drug joint venture

FILE PHOTO: The logo of AstraZeneca is seen on medication packages in a pharmacy in London April 28, 2014. REUTERS/Stefan Wermuth/File Photo LONDON (Reuters) – Drugmaker AstraZeneca plans to turbo-charge its already substantial Chinese business through a new d... More »

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Uzbekistan opens the door, a crack

FILE PHOTO: Uzbekistani Som banknotes are seen in this picture illustration taken May 4, 2017. REUTERS/Mukhammadsharif Mamatkulov/Illustration/File Photo TASHKENT/ALMATY (Reuters) – Sensing change in his native Uzbekistan, Hikmat Abdurahmonov plans to build a ... More »

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Japan insurer Sompo sets up fintech base in Tel Aviv

TOKYO (Reuters) – Property-and-casualty insurer Sompo Holdings Inc (8630.T) has set up a fintech hub in Israel, becoming the first Japanese insurer to do so in a country where it hopes to tap local expertise in digital and cyber-security technologies. Sompo, o... More »

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Japan plans extra budget of $24-26 billion for fiscal 2017: sources

TOKYO (Reuters) – Japan’s government is set to compile an extra budget worth around 2.7-2.9 trillion yen ($24-26 billion) for the fiscal year to March 2018, with additional bond issuance of around 1 trillion yen to help fund the spending, government sources to... More »

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Shell and carmakers aim to go the distance with highway charging

FILE PHOTO: The charging plug of an electric Volkswagen Passat car is pictured at charging station at a VW dealer in Berlin, Germany, February 2, 2016. REUTERS/Fabrizio Bensch/File Photo LONDON (Reuters) – Royal Dutch Shell (RDSa.L) has partnered with top carm... More »

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Black Friday, Thanksgiving online sales climb to record high

Customers push their shopping carts after making a purchase at Target in Chicago, Illinois. REUTERS/Kamil Krzaczynski CHICAGO (Reuters) – Black Friday and Thanksgiving online sales in the United States surged to record highs as shoppers bagged deep discounts a... More »

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Shoppers browse stores, buy online as Black Friday deals beckon

A Black Friday sale sign is displayed outside a makeup store at Roosevelt Field shopping mall in Garden City, New York, U.S., November 24, 2017. REUTERS/Shannon Stapleton CHICAGO/NEW YORK (Reuters) – U.S. stores offered deep discounts, entertainment and free g... More »

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Uber to disclose price on SoftBank deal early next week: sources

FILE PHOTO: A man arrives at the Uber offices in Queens, New York, U.S., February 2, 2017. REUTERS/Brendan McDermid/File Photo SAN FRANCISCO/NEW YORK (Reuters) – Uber Technologies Inc [UBER.UL] plans to move ahead with a deal to bring in Japanese technology co... More »

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Canadian charged in Yahoo hacking case to plead guilty in U.S.

A photo illustration shows a Yahoo logo on a smartphone in front of a displayed cyber code and keyboard on December 15, 2016. REUTERS/Dado Ruvic/Illustration (Reuters) – A Canadian accused by the United States of helping Russian intelligence agents break into ... More »

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France cuts cost of sacking traders to lure banks post-Brexit

A general view shows the Arc de Triomphe and the financial and business district in La Defense, west of Paris, France November 22, 2017. REUTERS/Gonzalo Fuentes PARIS (Reuters) – The French parliament has approved measures to cut the cost of sacking traders by... More »

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Clariant snubs review demand as showdown with White Tale looms

FILE PHOTO: The logo of Swiss specialty chemicals company Clariant is seen at the company’s headquarters in Pratteln, Switzerland October 29, 2017. REUTERS/Arnd Wiegmann ZURICH (Reuters) – Clariant (CLN.S) on Friday rejected its largest shareholder White Tale’... More »

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Asian shares off 10-year peak, China hits three-month low

Passersby are reflected in an electronic stock quotation board outside a brokerage in Tokyo, Japan, October 23, 2017. REUTERS/Issei Kato TOKYO (Reuters) – Asian shares hovered below their 10-year peak on Friday while mainland Chinese shares dropped to three-mo... More »

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Draft bill ups pressure on Australia government to probe banks

SYDNEY (Reuters) – A rebel member of Australian Prime Minister Malcolm Turnbull’s coalition government is circulating a draft bill to step up pressure for an official inquiry into the country’s scandal-hit banks. Although the prime minister has staked much pol... More »

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CBS, Dish agree carriage terms- blackout ends

FILE PHOTO: The CBS “eye” and logo are seen outside the CBS Broadcast Center on West 57th St. in Manhattan, New York, U.S., April 29, 2016. REUTERS/Brendan McDermid/File Photo (Reuters) – CBS Corp (CBS.N) and Dish Network Corp (DISH.O) resolved a dispute over ... More »

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Mitsubishi Materials shares drop after units falsify product data

The building that houses the headquarters of Mitsubishi Materials Corp is seen in Tokyo, Japan, November 24, 2017. REUTERS/Toru Hanai TOKYO (Reuters) – Mitsubishi Materials Corp (5711.T) saw its stock fall as much as 11 percent on Friday after it said three su... More »

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China stocks extend losses after worst day in months

SHANGHAI (Reuters) – Chinese stocks slipped further on Friday after the biggest selloff in months the previous day, with fresh government steps to reduce financial risks and a rout in the bond market sapping investors’ confidence. The blue-chip CSI300 Index .C... More »

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New Zealand trade deficit narrows despite imports at record high

FILE PHOTO: Containers are stacked at the port of Auckland September 30, 2011. REUTERS/Stefan Wermuth/File Photo WELLINGTON (Reuters) – New Zealand’s trade deficit narrowed in October as dairy and lamb shipments fueled a jump in exports, despite imports hittin... More »

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Chinese airlines court Cathay pilots facing pay squeeze

Dave Ross, President and CEO of WASINC International, poses beside a recruitment banner in Hong Kong, China November 20, 2017. Picture taken November 20, 2017. REUTERS/Bobby Yip SHANGHAI/SINGAPORE (Reuters) – Chinese airlines are circling disaffected pilots at... More »

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Uber told SoftBank about data breach before telling public

A photo illustration shows the Uber app on a mobile telephone, as it is held up for a posed photograph, in London, Britain November 10, 2017. REUTERS/Simon Dawson (Reuters) – Uber Technologies Inc said on Thursday that it discussed a massive data breach with p... More »

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Peugeot-owner to use Opel site to assemble engines-Les Echos

FILE PHOTO: The logo of Opel is seen during the 87th International Motor Show at Palexpo in Geneva, Switzerland March 7, 2017. REUTERS/Arnd Wiegmann/File Photo PARIS (Reuters) – Peugeot-owner PSA (PEUP.PA) will use an existing Opel site in eastern Europe to as... More »

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Unilever drafts in search firm to look for new CEO: Sky News

FILE PHOTO: The company logo for Unilever is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 17, 2017. REUTERS/Brendan McDermid/File Photo (Reuters) – Consumer goods maker Unilever NV (UNc.AS) (ULVR.L) has b... More »

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ThyssenKrupp lifted by record orders as shifts from steel

A logo of ThyssenKrupp AG is pictured outside the ThyssenKrupp headquarters in Essen, November 23, 2017. REUTERS/Thilo Schmuelgen ESSEN, Germany (Reuters) – Demand for next-generation lifts and car components enabled Thyssenkrupp (TKAG.DE) to report its highes... More »

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U.S. judge orders Uber customer to arbitrate price-fixing claims

FILE PHOTO: A man arrives at the Uber offices in Queens, New York, U.S., February 2, 2017. REUTERS/Brendan McDermid/File Photo NEW YORK (Reuters) – A U.S. judge ruled that Uber can force an unhappy Connecticut customer’s price-fixing case against the ride-serv... More »

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EU privacy regulators to discuss Uber hack next week

FILE PHOTO: The Uber logo is seen on mobile telephone in London, Britain, September 25, 2017. REUTERS/Hannah McKay/File Photo BRUSSELS (Reuters) – European Union privacy regulators will discuss ride-hailing app Uber’s [UBER.UL] massive data breach cover-up nex... More »

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Teva Pharmaceutical set for major layoffs in Israel, U.S.: report

FILE PHOTO: The logo of Teva Pharmaceutical Industries, the world’s biggest generic drugmaker and Israel’s largest company, is seen in Jerusalem February 8, 2017. REUTERS/Ronen Zvulun/File Photo TEL AVIV (Reuters) – Teva Pharmaceutical Industries is expected t... More »

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Lyft raises another $500 million in additional round of funding

(Reuters) – Uber rival Lyft Inc is raising an additional $500 million in funding, according to a U.S. share authorization document filed in Delaware news website Axios said. () The additional funding round, led by Alphabet Inc’s CapitalG, is an extension of th... More »

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As Venezuela pumps below OPEC target, oil rivals begin filling gap

FILE PHOTO: A boat is seen close to oil installations at Lake Maracaibo in Cabimas, Venezuela October 5, 2017. Picture taken October 5, 2017. REUTERS/Isaac Urrutia HOUSTON/DUBAI (Reuters) – As Venezuela’s dilapidated energy sector struggles to pump enough crud... More »

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Asia stocks wilt, German coalition impasse hits euro

People walk past an electronic board showing exchange rate between Japanese Yen and U.S. Dollar outside a brokerage at a business district in Tokyo, Japan August 9, 2017. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Asian shares pulled back on Monday with investor... More »

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Oil markets tepid ahead of Nov. 30 OPEC meeting

Men work for Iraqi Drilling Company at Rumaila oilfield in Basra, Iraq, May 11, 2017. REUTERS/Essam Al-Sudani SINGAPORE (Reuters) – Oil markets were tepid on Monday as traders were reluctant to take on big new positions ahead of an OPEC meeting at the end of t... More »

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Rebel Australian lawmakers say to force wide-ranging banking probe

SYDNEY (Reuters) – Rebel government lawmakers in Australia vowed on Monday to force a powerful inquiry into the country’s scandal-hit banking sector, further turmoil for Prime Minister Malcolm Turnbull as he languishes in the polls amid a citizenship crisis. T... More »

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Australia’s economy seen growing at ‘modest’ pace: IMF

FILE PHOTO: A worker looks on as a drill breaks the pavement on a construction site next to Barangaroo building complex in Sydney’s central business district (CBD) Australia, November 9, 2017. REUTERS/Daniel Munoz SYDNEY (Reuters) – Australia’s economy is expe... More »

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As many Venezuela bondholders stampede, some joust for advantage

NEW YORK/LONDON/CARACAS (Reuters) – Venezuela’s efforts to restructure its debt may have triggered an initial stampede for the exits, but some investment funds are maintaining their portfolios or even beefing them up, betting that other investors’ distress cou... More »

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Canada, Mexico to question U.S. auto content demands at NAFTA talks

A NAFTA banner is seen during the fifth round of NAFTA talks involving the United States, Mexico and Canada, in Mexico City, Mexico, November 19, 2017. REUTERS/Edgard Garrido MEXICO CITY (Reuters) – Canada and Mexico will not make counterproposals to U.S. dema... More »

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U.S. bank examiners to show lighter touch, OCC’s Noreika says

NEW YORK (Reuters) – A top U.S. bank regulator has been working to ensure that examiners on the ground have a lighter touch with institutions they scrutinize, but change will take more time, acting Comptroller of the Currency Keith Noreika said in an interview... More »

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Japan PM Abe: Govt and BOJ to work together to beat deflation

FILE PHOTO: Japan’s Prime Minister Shinzo Abe delivers his policy speech at the lower house of parliament in Tokyo, Japan, November 17, 2017. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe said on Monday that the government and the... More »

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Former Obama administration official in bid for The Weinstein Co

FILE PHOTO: Maria Contreras-Sweet listens to remarks during her ceremonial swearing-in as Administrator of the Small Business Administration at the White House in Washington April 7, 2014. REUTERS/Kevin Lamarque (Reuters) – Maria Contreras-Sweet, the former he... More »

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Mexico, Canada shun NAFTA autos counteroffers: sources

Flags are pictured during the fifth round of NAFTA talks involving the United States, Mexico and Canada, in Mexico City, Mexico, November 19, 2017. REUTERS/Edgard Garrido MEXICO CITY (Reuters) – Divisions over updating the NAFTA trade deal showed no sign of ea... More »

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Avolon firms up deal for 75 Boeing jets, may order 20 more

FILE PHOTO: Boeing’s logo is seen during Japan Aerospace 2016 air show in Tokyo, Japan, October 12, 2016. REUTERS/Kim Kyung-Hoon/File Photo HONG KONG/PARIS (Reuters) – Chinese-owned aircraft leasing company Avolon has firmed up an order for 75 Boeing (BA.N) ai... More »

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Airbus faces tricky hurdles over stalled A380 Emirates deal

An Airbus A380, the world’s largest jetliner, takes part in flying display, during the 52nd Paris Air Show at Le Bourget Airport near Paris, France June 25, 2017. REUTERS/Pascal Rossignol DUBAI (Reuters) – A preliminary deal to sell 36 A380s to Emirates blew u... More »

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Natixis ups dividend payout target in new three-year plan

The logo of French bank Natixis is seen outside of one of their offices in Paris, France, January 24, 2017. REUTERS/Jacky Naegelen PARIS (Reuters) – France’s fourth-biggest listed bank Natixis aims to grow revenue by five percent annually over the next three y... More »

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Battered GE shares lure some buyers but worst may not be over

FILE PHOTO – The ticker and logo for General Electric Co. is displayed on a screen at the post where it’s traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 30, 2016. REUTERS/Brendan McDermid/File Photo NEW YORK (Reuters) – ... More »

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Factbox: From tax to budget, what’s on U.S. Congress to-do list

(Reuters) – The U.S. Congress is hurtling toward some major tax, budget and other policy deadlines. Some are hard and some are flexible, with the end of 2017 approaching. Here is the Capitol Hill outlook for what promises to be a turbulent November-December. W... More »

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Global banks flag concerns over U.S. Senate tax proposal

Copies of tax legislation are seen during a markup on the “Tax Cuts and Jobs Act” on Capitol Hill in Washington, U.S., November 15, 2017. REUTERS/Aaron P. Bernstein WASHINGTON (Reuters) – Global banks raised concerns on Friday over a provision in the U.S. Sena... More »

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J.B. Hunt, Wal-Mart climb aboard Tesla’s electric truck

The Tesla Semi. Tesla/via REUTERS (Reuters) – Tesla Inc (TSLA.O) on Friday got high-profile orders from Wal-Mart Stores Inc (WMT.N) and fleet operator J.B. Hunt (JBHT.O) for its future electric truck, but would-be customers indicated they are giving the big ri... More »

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Ex-banker Otting confirmed as U.S. Comptroller of the Currency

WASHINGTON (Reuters) – A former banking executive and associate of U.S. Treasury Secretary Steve Mnuchin was confirmed by the Senate on Thursday to be U.S. Comptroller of the Currency, serving as the leading regulator of national banks. The Senate approved Jos... More »

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Asia stocks subdued as China data disappoints

Asian stocks put in a subdued performance on Tuesday as Chinese economic data disappointed and investors pondered whether a marked flattening in the U.S. yield curve might be a harbinger of a future slowdown there. More »

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Silicon Valley blasts Senate proposal to tax startup options

A proposal by the U.S. Senate to change the way shares in startup companies are taxed incited panic and dread in Silicon Valley on Monday, with startup founders and investors warning of nothing less than the demise of their industry should the proposal become ... More »

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Goldman Sachs marks stake in Weinstein Co down to zero: source

Goldman Sachs Group Inc has written down to zero the value of its stake in the Weinstein Company, the movie studio whose co-chairman Harvey Weinstein stepped down last month following sexual assault allegations, a person familiar with the matter said on Monday... More »

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Shrinking GE rattles investors, shares hit 5-year low

General Electric Co's (GE.N) new Chief Executive John Flannery on Monday outlined steps that will turn the biggest U.S. industrial conglomerate into a smaller, more focused company, surprising some investors who sold the company's shares to a five-year low. More »

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Risks ahead for U.S. tax push as disputes linger, Trump returns

Congressional Republicans pushed ahead on Monday on a U.S. tax code overhaul as a Senate panel considered the issue, but risks lay ahead with major intraparty disputes unsettled and President Donald Trump returning soon from Asia as the debate heats up. More »

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Roku hits record high on Philips licensing deal

Roku Inc's shares surged nearly 43 percent to a record high on Monday after the streaming device maker said it signed a licensing deal that would put its technology on Philips-branded televisions in the United States this year. More »