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India`s NSE price quotes not updating after system glitch

Buildings are reflected on the glass windows of the NSE (National Stock Exchange) building in Mumbai, India, December 27, 2016. REUTERS/Shailesh Andrade Trading was disrupted at India’s National Stock Exchange on Monday morning, after price quotations for indi... More »

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Royal Jordanian, Kuwait Airways see U.S. laptop ban lifted

A traveler walks past a sign for Royal Jordanian airline at JFK International Airport in New York, U.S., March 21, 2017. REUTERS/Lucas Jackson Royal Jordanian and Kuwait Airways are the latest Middle East carriers to be exempted from an in-cabin ban on laptops... More »

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Shire gets injunction against Roche over hemophilia drug

CEO of Shire, Dr Flemming Ornskov, poses for a photograph in London, Britain, July 3, 2017. REUTERS/Peter Nicholls – RTS19MDH Pharmaceutical group Shire (SHP.L) said on Sunday it had obtained a preliminary injunction in a Hamburg court against rival Roche (ROG... More »

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Lupin sets off down Indian pharma`s long road to redemption

An employee inspects tablets as they move along the production line at a pharmaceutical plant of Lupin, India’s No. 2 drugmaker, in Verna, in the western state of Goa, India, June 9, 2017. Picture taken June 9, 2017. REUTERS/Danish Siddiqui In 28 years in Indi... More »

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IMF says Ukraine land reform will be key for next review

The International Monetary Fund logo is seen during the IMF/World Bank spring meetings in Washington, U.S., April 21, 2017. REUTERS/Yuri Gripas Overhauling land legislation will be key for Ukraine’s next review by the International Monetary Fund (IMF) and shou... More »

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Inflation elusive, but central bankers getting twitchy

FILE PHOTO: Bank of Canada Governor Stephen Poloz (L) speaks with Bank of England governor Mark Carney as they gather for a family photo after a meeting of G-20 finance ministers and central bank governors during the IMF-World Bank annual meetings in Washingto... More »

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ECB taper fears leave euro zone bonds battered and bruised

FILE PHOTO – The dismantled Euro sign sculpture stand in front of the headquarters of the former European Central Bank (ECB) in Frankfurt July 8, 2015. REUTERS/Ralph Orlowski Euro zone government bonds steadied on Friday from another battering that left market... More »

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China, France eye Gambian port upgrade to rival Dakar

Port workers are seen in front of a shipping vessel unloading its cargo in the port of Banjul, Gambia June 29, 2017. Picture taken June 29, 2017. REUTERS/Emma Farge Chinese and French companies are bidding to help Gambia build up its Atlantic port Banjul to be... More »

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France unveils new measures to lure bankers from London

Businessmen walk on the esplanade of La Defense financial and business district in Puteaux, near Paris, France June 16, 2017. REUTERS/Gonzalo Fuentes The French government on Friday pledged to remove some of the charges banks pay in France and make sure they a... More »

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Indonesian state firms securitize assets in bid for big inflows

Cars pass through a new toll road Salatiga-Bawen section in Semarang, Central Java province, Indonesia June 15, 2017 in this photo taken by Antara Foto. Antara Foto/Aditya Pradana Putra via REUTERS Indonesian state firms aim to get big international pension fu... More »

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Oil prices fall 2 percent on signs market still oversupplied

FILE PHOTO: Eighteen oil pumpjacks are seen on a Hess well pad near Tioga, North Dakota April 30, 2016. REUTERS/Andrew Cullen/File Photo Oil prices fell more than 2 percent on Friday after data showed U.S. production rose last week just as OPEC exports hit a 2... More »

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U.S. seeks funds tied to North Korea from eight big banks

A Bank Of America sign is pictured in the Manhattan borough of New York August 21, 2014. REUTERS/Carlo Allegri U.S. authorities have tried to seize millions of dollars associated with several companies that deal with North Korea, including the country’s milita... More »

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Illinois House enacts FY 2018 budget, ending record impasse

FILE PHOTO: A general view of the joint session of the General Assembly in the House Chambers of the Illinois State Capitol in Springfield, Illinois February 1, 2012. REUTERS/Sarah Conard/File Photo Illinois’ first full-year budget since 2015 became law on Thu... More »

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Seven U.S. states still without budgets a week into new fiscal year

FILE PHOTO: A general view of the joint session of the General Assembly in the House Chambers of the Illinois State Capitol in Springfield, Illinois February 1, 2012. REUTERS/Sarah Conard/File Photo Seven U.S. states are still without budgets, nearly a week in... More »

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U.S., China to meet in Washington on July 19 for economic talks

FILE PHOTO – Flags of U.S. and China are placed for a meeting in Beijing, China June 30, 2017. REUTERS/Jason Lee Senior U.S. and Chinese officials will meet to discuss bilateral economic issues this month after threats by U.S. President Donald Trump to use tra... More »

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Atlanta Fed lowers U.S. second-quarter GDP view to 2.7 percent

A crane flies an American flag over a construction site in downtown Los Angeles, California October 29, 2014. REUTERS/Mike Blake The U.S. economy is expanding at 2.7 percent annualized pace in the second quarter based on the latest data on vehicle sales, facto... More »

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Illinois risks rating cut to junk even with budget: Moody`s

FILE PHOTO: Illinois Gov-elect Bruce Rauner speaks to the media after a meeting with U.S. President Barack Obama and other Governor-elects from seven U.S. states at the White House in Washington December 5, 2014. REUTERS/Larry Downing/File Photo Even if Illino... More »

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Ominous signs from British firms, but euro zone loses momentum too

Rain clouds pass over the Canary Wharf financial district in London, Britain July 1, 2016. REUTERS/Reinhard Krause/File Photo British companies are giving ominous signs about the economy, just as the government embarks on European Union divorce negotiations, d... More »

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Brent oil remains below $50 as OPEC supplies rise again

An employee pumps petrol for clients at a petrol station in Hanoi, Vietnam December 20, 2106. REUTERS/Kham Brent crude oil remained below $50 per barrel on Wednesday, weighed down by another rise in OPEC supplies despite a pledge to cut production, but geopoli... More »

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Japan 2016/17 corporate tax revenue down in blow to Abenomics

A man reads a newspaper as a pedestrian walks past, inside a building at a business district in Tokyo June 19, 2014. REUTERS/Yuya Shino Japan’s corporate tax revenue fell to 10.3 trillion yen ($90 billion) for the last fiscal year, the lowest since fiscal 2012... More »

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BOJ to cut inflation forecasts, hold off on easing: sources

FILE PHOTO: A man looks at a mobile phone in front of the Bank of Japan building in Tokyo, Japan June 16, 2017. REUTERS/Toru Hanai/File Photo Japan’s central bank will cut its inflation forecasts but hold off expanding stimulus this month, people familiar with... More »

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Asia learns to adapt to Korean tensions- Fed views awaited

FILE PHOTO – A man looks at a stock quotation board outside a brokerage in Tokyo, Japan, April 18, 2016. REUTERS/Toru Hanai Asian share markets inched back into the black on Wednesday as investors wagered the latest flare-up of tensions on the Korean peninsula... More »

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Japan Inc scrambles for job-hoppers to cope with labor shortages

Hiroaki Okutani (R), 57, a contract worker of Ueda Co., Ltd., wears an Atoun Inc. Power Assist Suit (AWN-03B), as he works at a distribution center in Kawasaki, Japan June 22, 2017. REUTERS/Toru Hanai Japan’s labor shortage has pushed job-hopping to its highes... More »

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China`s services sector loses steam in June: Caixin PMI

A basket vendor walks past red lanterns serving as decorations to celebrate the new year outside a shopping mall in Kunming, Yunnan province January 6, 2015. REUTERS/Stringer China’s services sector grew at a slower pace in June as new orders slumped, signalin... More »

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Philippines` annual inflation eases for 2nd straight month in June

FILE PHOTO: A view of a vegetable market in La Trinidad, Benguet in northern Philippines August 6, 2016. REUTERS/Erik De Castro The Philippines’ annual inflation eased for a second straight month in June due to slower price increases in food and transport, dat... More »

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U.S. prosecutors ask judge to silence Shkreli during trial

Martin Shkreli, former chief executive officer of Turing Pharmaceuticals and KaloBios Pharmaceuticals Inc, departs after a hearing at U.S. Federal Court in Brooklyn, New York, U.S., June 26, 2017. REUTERS/Lucas Jackson Federal prosecutors on Monday asked a U.S... More »

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Brent crude stabilizes near $50 a barrel

An oil well pump jack is seen at an oil field supply yard near Denver, Colorado, U.S., February 2, 2015. REUTERS/Rick Wilking/File Photo Oil prices flirted with both positive and negative territory on Tuesday, hovering around $50 a barrel on tentative signs th... More »

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Trump to promote U.S. natgas exports in Russia`s backyard

U.S. President Donald Trump delivers remarks during an ‘Unleashing American Energy’ event at the Department of Energy in Washington, U.S., June 29, 2017. REUTERS/Carlos Barria President Donald Trump will use fast-growing supplies of U.S. natural gas as a polit... More »

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Wall Street banks take on summer school: Investing 101 for rich kids

The rising sun lights trees in Central Park above the southern portion of the Manhattan borough of New York, U.S., November 2, 2016. REUTERS/Lucas Jackson “Time for a prenup?” is not a typical title for a summer school course, but it was one of the most popula... More »

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Guggenheim`s Minerd says Fed will not move as quickly as many think

Scott Minerd, Chairman of Investments and Global Chief Investment Officer of Guggenheim Partners, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., May 1, 2017. REUTERS/Lucy Nicholson The U.S. Federal Reserve is unlikely ... More »

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Airbus unveils management integration under CEO Enders

FILE PHOTO: Fabrice Bregier (L), Airbus President and Chief Executive Officer and Tom Enders (R), Chief Executive Officer of Airbus Group, at the Airbus headquarters in Toulouse April 11, 2015. REUTERS/Adrien Helou/File Photo Airbus unveiled on Monday a corpor... More »

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Brisk trade mark launch of China, Hong Kong bond connect scheme

Hong Kong Chief Executive Carrie Lam speaks at the opening ceremony of Bond Connect at Hong Kong Exchanges in Hong Kong, China July 3, 2017. REUTERS/Bobby Yip China and Hong Kong launched a long-awaited “Bond Connect” scheme on Monday that links China’s $9 tri... More »

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Asian stocks start new month on firm footing, bonds under pressure

FILE PHOTO: Employees of the Tokyo Stock Exchange (TSE) work at the bourse in Tokyo, Japan, February 9, 2016. REUTERS/Issei Kato Asian stocks held two-years highs on Monday, starting the new month on a solid footing after two quarters of gains while expectatio... More »

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Oil prices edge up on first drop in U.S. drilling in months

FILE PHOTO: A wellhead is seen at an Occidental Petroleum Corp carbon dioxide enhanced oil recovery project in Hobbs, New Mexico, U.S. on May 3, 2017. REUTERS/Ernest Scheyder Oil prices edged up on Monday, supported by the first fall in U.S. drilling activity ... More »

Illinois House passes $5 billion tax package

Illinois’ Democratic-controlled House of Representatives passed big, permanent income-tax rate increases on Sunday with the help of some Republican votes as the cash-strapped state scrambled to piece together a budget and revenue plan to stave off a bond ratin... More »

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Big U.S. banks pack results into one day, overwhelming analysts

People walk past the New York Stock Exchange on Wall Street, February 10, 2009. REUTERS/Eric Thayer For the fourth straight quarter, several of the biggest U.S. banks are reporting earnings on the same day, setting up a situation that overwhelms analysts cover... More »

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U.S. fund managers seek consumer stocks that Amazon can`t conquer

FILE PHOTO: An Amazon.com Inc driver stands next to an Amazon delivery truck in Los Angeles, California, U.S. on May 21, 2016. REUTERS/Lucy Nicholson/File Photo Amazon.com Inc’s (AMZN.O) game-changing move to upend the grocery business with a surprise deal to ... More »

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In New York, France promises English-law contracts after Brexit

French Finance Minister Bruno Le Maire leaves after the weekly cabinet meeting at the Elysee Palace in Paris, France, June 28, 2017. REUTERS/Charles Platiau France will set up a special court to handle English-law cases for financial contracts after Britain le... More »

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Italy bank rescue divides Europe

A Banca Popolare di Vicenza sign is seen in Rome, Italy, March 29, 2017. REUTERS/Alessandro Bianchi Italy’s multi-billion-euro closure of two lenders drew sharp criticism on Monday for hurting a project devised to underpin confidence in the euro zone during th... More »

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Asia stocks edge up on optimism over global growth, dollar soft

FILE PHOTO: Passersby walk past in front of stock quotation board outside a brokerage in Tokyo, Japan, September 29, 2015. REUTERS/Issei Kato Asian shares edged up on Monday on optimism for global growth, while the dollar was on the defensive as a subdued U.S.... More »

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Oil rises one percent on weaker dollar, but U.S. drilling drags

An oil rig drilling a well at sunrise, owned by Parsley Energy Inc. near Midland, Texas, U.S., May 3, 2017. Picture taken May 3, 2017. REUTERS/Ernest Scheyder Oil prices rose 1 percent early on Monday on a weaker dollar, but an increase in U.S. drilling activi... More »

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China court hands jail terms to Australians in Crown Resorts trial

The logo of Australian casino giant Crown Resorts Ltd adorns the hotel and casino complex in Melbourne, Australia, June 13, 2017. REUTERS/Jason Reed A Chinese court handed short jail terms to three Australian employees of Crown Resorts Ltd (CWN.AX) in a quick-... More »

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Australian banks warn surprise taxes scaring away investors

FILE PHOTO: The logo of the Commonwealth Bank of Australia (CBA) is displayed outside a branch in Sydney, Australia, March 21, 2016. REUTERS/David Gray/File Photo Surprise taxes levied on Australia’s banking sector are frightening off potential foreign investo... More »

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U.S. home lenders see leaner times ahead: Fannie Mae survey

FILE PHOTO: New home construction is seen in San Diego, California, U.S. on August 21, 2015. REUTERS/Mike Blake/File Photo U.S. mortgage lenders are bracing for rockier times as consumers demand for home loans slows and competition in the mortgage industry int... More »

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South Korea economy to see mild improvement this year: central bank

FILE PHOTO: A South Korea won note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/File Photo South Korea’s economy is expected to see gradual improvement this year thanks to manufacturing and services, the country’s central ... More »

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Dollar sags as U.S. yields stay low, rate hike expectations fade

A U.S. Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration The dollar sagged against its major peers on Monday, losing traction as U.S. Treasury yields stayed low amid fading expectations that the Federal Reserve to ... More »

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ECB seeks greater power over clearing supervision

FILE PHOTO: The European Central Bank (ECB) headquarters in Frankfurt, Germany, July 29, 2016. REUTERS/Ralph Orlowski/File Photo The European Central Bank has requested enhanced powers to supervise clearing activities, it said on Friday, a move to shore up its... More »

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U.S. bans fresh Brazil beef imports over safety concerns

A man cools cattle on a beached boat in the Amazon river, in the city of Manaus, Brazil, October 26, 2015. REUTERS/Bruno Kelly The United States halted imports of fresh Brazilian beef on Thursday, the U.S. Department of Agriculture (USDA) said, after a high pe... More »

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German private sector growth slows more than expected in June: PMI

FILE PHOTO: A woman is pictured at work at the Ford Fiesta assembly line in Cologne, Germany, January 6, 2016. REUTERS/Wolfgang Rattay/File Photo Germany’s private-sector grew at a slower pace in June, a survey showed on Friday, mainly weighed down by weaker a... More »

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Australian banks face `Pandora`s box` of taxes after state hike

The logo of National Australia Bank adorns their headquarters building in central Sydney, Australia June 22, 2017. REUTERS/David Gray A second Australian state on Friday said it was open to charging its own bank tax, raising fears the federal government has op... More »

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Turkish exports to Qatar triple during Gulf crisis: trade minister

Buildings are seen on a coast line in Doha, Qatar, June 15, 2017. REUTERS/Naseem Zeitoon Turkish exports to Qatar have tripled from their normal levels to $32.5 million since four Arab countries began boycotting the Gulf state on June 5, Turkey’s Customs and T... More »

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Asian shares flat, stay on track for a winning week

A stock quotation board displaying Japan’s Nikkei average is seen before a ceremony marking the end of trading in 2016 at the Tokyo Stock Exchange (TSE) in Tokyo, Japan December 30, 2016. REUTERS/Toru Hanai Asian shares flatlined on Friday but remained on trac... More »

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Elbit Systems says innovation key to crowded drone market

FILE PHOTO: Logo of Israeli defence electronics firm Elbit Systems is seen at their offices in Haifa, Israel February 26, 2017. REUTERS/Baz Ratner/File Photo Israeli defense electronics company Elbit Systems Ltd (ESLT.TA), (ESLT.O) is moving quickly to innovat... More »

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China`s ICBC says checks of loans by big acquirers are routine

Fosun International Ltd services are displayed at a news conference in Hong Kong, China March 29, 2017. REUTERS/Bobby Yip Industrial and Commercial Bank of China (ICBC) said on Friday its checks of loans to companies that made overseas acquisitions is routine,... More »

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Biggest U.S. banks clear first hurdle in Fed`s annual stress tests

A combination file photo shows international banks Morgan Stanley, Barclays, Goldman Sachs, JPMorgan, Credit Suisse, Citigroup and Bank of America Merrill Lynch from Reuters archive. REUTERS/File photos The 34 largest U.S. banks have all cleared the first stag... More »

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Republicans debating remedies for corporate tax avoidance

U.S. President Donald Trump walks from Maine One as he returns to the White House in Washington, U.S., June 16, 2017. REUTERS/Joshua Roberts President Donald Trump and Republican leaders in Congress will soon confront a complex challenge for tax reform: how to... More »

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UK earnings after inflation shrink at fastest pace since 2014

A municipal worker sweeps the street outside the cabinet office in Westminster, central London, Britain, June 9, 2017. REUTERS/Clodagh Kilcoyne British workers’ earnings after inflation contracted at the fastest pace since 2014 in the three months to April, un... More »

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Oil prices fall as OPEC output, U.S. crude stockpiles rise

Workers clamp together pieces of pipe while drilling an oil well near Fort Stockton, Texas, U.S., May 4, 2017. REUTERS/Ernest Scheyder Oil prices fell on Wednesday after industry data showed a build in U.S. crude stocks and OPEC reported a rise in its producti... More »

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ECB`s bond buys` impact on inflation disappointing: Knot

FILE PHOTO: A huge Euro logo is pictured by the headquarters of the European Central Bank (ECB) in Frankfurt, September 29, 2011. REUTERS/Ralph Orlowski/File Photo The impact of the European Central Bank’s 2.3 trillion asset purchase program on inflation has b... More »

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Chairman Wu charts roller-coaster ride for Waldorf-owner Anbang

FILE PHOTO: Chairman of Anbang Insurance Group Wu Xiaohui attends the China Development Forum in Beijing, China March 18, 2017. REUTERS/Thomas Peter/File Photo Founded as a provincial auto insurer, Anbang Insurance burst from obscurity with a $2 billion bid fo... More »

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World stocks march on as Fed rate hike looms, dollar steady

Traders work in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, June 13, 2017. REUTERS/Staff/Remote Stocks rose on Wednesday, but worries about stretched valuations and caution before a near-certain rate hike by t... More »

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European shares get tech support, Hexagon soars on M&A talk

FILE PHOTO: A man shelters under an umbrella as he walks past the London Stock Exchange in London, Britain August 24, 2015. REUTERS/Suzanne Plunkett/File Photo Recovering technology stocks gave European shares another leg up on Wednesday, while deal chatter se... More »

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Euro zone industry output rises, employment hits record high

FILE PHOTO: A worker controls a tapping of a blast furnace at Europe’s largest steel factory of Germany’s industrial conglomerate ThyssenKrupp AG in the western German city of Duisburg December 6, 2012. REUTERS/Ina Fassbender/File Photo Euro zone industrial ou... More »

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Elliott calls for BHP board overhaul as new chairman looms

FILE PHOTO: A promotional sign adorns a stage at a BHP Billiton function in central Sydney August 20, 2013. REUTERS/David Gray/File Photo Activist shareholder Elliott Management called on BHP (BHP.AX)(BLT.L) on Wednesday to “upgrade” its board of directors as ... More »

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Trump`s Wall Street game plan needs players

A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S. December 28, 2016. REUTERS/Andrew Kelly Wall Street banks on Tuesday cheered U.S. President Donald Trump’s plans to loosen the leash put on them ... More »

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Bill Gross advises investors to cut risk on U.S. growth woes

Bill Gross, Portfolio Manager, Janus Capital Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., May 3, 2017. REUTERS/Lucy Nicholson – RTS150R8 Bond investor Bill Gross warned on Tuesday that investors should reduce ... More »

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Deutsche Bank`s wealth management arm to hire 100 client managers

FILE PHOTO: The logo of Deutsche Bank is seen at its headquarters ahead of the bank’s annual general meeting in Frankfurt, Germany May 18, 2017. REUTERS/Ralph Orlowski/File Photo Deutsche Bank AG’s (DBKGn.DE) wealth management division said on Monday it plans ... More »

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Euro zone, IMF eye compromise to unblock loans for Greece

Greek Prime Minister Alexis Tsipras (L) welcomes French Finance Minister Bruno Le Maire at his office in Maximos Mansion in Athens, Greece, June 12, 2017. REUTERS/Costas Baltas Euro zone finance ministers and the International Monetary Fund are likely to strik... More »