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Indian retail inflation seen easing in April on lower food prices

FILE PHOTO: A cashier displays the new 2000 Indian rupee banknotes inside a bank in Jammu, November 15, 2016. REUTERS/Mukesh Gupta/File photo India’s inflation likely cooled in April due to lower food prices, but the pullback may not give the Reserve Bank of I... More »

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AIG plans to name Brian Duperreault as new CEO: WSJ

People exit the AIG building in New York’s financial district March 19, 2015. REUTERS/Brendan McDermid American International Group (AIG.N) is planning to name Brian Duperreault as its new chief executive, the Wall Street Journal reported, citing sources. More »

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Boeing suspends 737 MAX flights due to engine issue

A new Boeing 737MAX sits parked under a canopy at Boeing Field after coming off the production line in Seattle, Washington, May 9, 2017. Picture taken May 9, 2017. REUTERS/Jason Redmond Boeing Co (BA.N) said on Wednesday it had temporarily halted test flights ... More »

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Twenty-First Century Fox misses Wall Street sales target

FILE PHOTO – The 21st Century Fox logo is seen outside the News Corporation headquarters in Manhattan, New York, U.S. on April 29, 2016. REUTERS/Brendan McDermid/File Photo Twenty-First Century Fox Inc (FOXA.O), the television and film company controlled by Ru... More »

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Aetna fully exits Obamacare exchanges with pull-out in two states

A trader points up at a display on the floor of the New York Stock Exchange August 20, 2012. REUTERS/Brendan McDermid Health insurer Aetna Inc (AET.N) said on Wednesday it will exit the 2018 Obamacare individual insurance market in Delaware and Nebraska – the ... More »

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Delay seen, again, on Trump growth agenda after Comey sacking

U.S. President Donald Trump speaks to reporters after his meeting with Russian Foreign Minister Sergey Lavrov at the White House in Washington, U.S., May 10, 2017. REUTERS/Kevin Lamarque Not even a week after the Trump administration and Congress rekindled opt... More »

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Nasdaq short interest up 0.5 percent in late April

A view of the exterior of the Nasdaq market site in Times Square after the Nasdaq breached the 6,000 mark for the first time ever on Tuesday, in New York City, NY, U.S. April 25, 2017. REUTERS/Shannon Stapleton Short interest on the Nasdaq rose 0.5 percent in ... More »

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Buffett`s fledgling biBERK pursues online insurance `experiment`

FILE PHOTO: Berkshire Hathaway CEO Warren Buffett waits to play table tennis during the Berkshire Hathaway annual meeting weekend in Omaha, Nebraska, U.S. May 7, 2017. REUTERS/Rick Wilking/File Photo It has been decades since anyone thought of Warren Buffett’s... More »

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Jay Clayton sworn in as chairman of the U.S. SEC

Jay Clayton is sworn in to testify at a Senate Banking, Housing and Urban Affairs Committee hearing on his nomination of to be chairman of the Securities and Exchange Commission (SEC) on Capitol Hill in Washington, U.S. March 23, 2017. REUTERS/Jonathan Ernst W... More »

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Equities slip after weak U.S. GDP- euro strengthens

People walk through the lobby of the London Stock Exchange in London, Britain August 25, 2015. REUTERS/Suzanne Plunkett/File photo World stock markets dipped on Friday, as U.S. equities retreated after a soft reading on first-quarter economic growth, while the... More »

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BOJ sounds most upbeat on economy in nine years, policy unchanged

FILE PHOTO: A man runs past the Bank of Japan (BOJ) building in Tokyo, Japan, July 29, 2016. REUTERS/Kim Kyung-Hoon/File Photo The Bank of Japan kept monetary policy unchanged on Thursday and offered its most optimistic assessment of the economy in nine years,... More »

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Asian shares pull back from highs on doubts over Trump`s tax plan

People walk past an electronic board displaying various Asian countries’ stock price index and world major index outside a brokerage in Tokyo, Japan, August 21, 2015. REUTERS/Issei Kato/File Photo Asian shares eased from a near two-year high on Thursday as a l... More »

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Cost controls help offset lower Amgen first-quarter drug sales

An Amgen sign is seen at the company’s office in South San Francisco, California October 21, 2013. REUTERS/Robert Galbraith/File Photo Amgen Inc (AMGN.O) on Wednesday reported higher-than-expected first-quarter profit as cost controls helped offset a sharp dro... More »

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LafargeHolcim CEO to depart in wake of Syria controversy

Chief Executive Eric Olsen of LafargeHolcim, the world’s largest cement maker addresses a news conference to present the company’s 2016 results in Zurich March 2, 2017. REUTERS/Arnd Wiegmann LafargeHolcim (LHN.S) Chief Executive Eric Olsen will leave the compa... More »

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Euro jumps, shares firm on French election relief

FILE PHOTO: Detail of a European map is seen on the face of a euro coin in London, Britain, January 31, 2016. REUTERS/Toby Melville/File Photo The euro briefly vaulted to five-month peaks on Monday after the market’s favored candidate won through the first rou... More »

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China stocks head for worst day of 2017 as regulators tighten grip

An investor checks stock information on a mobile phone at a brokerage house in Shanghai, China November 9, 2016. REUTERS/Aly Song China stocks tumbled more than 1 percent on Monday and looked set for their biggest loss of the year amid signs that Beijing would... More »

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U.S. Chamber of Commerce chief expects basic NAFTA deal by mid-2018

Tom Donohue, President of U.S. chamber of Commerce, gestures during an interview with Reuters in Mexico City, Mexico April 23, 2017. REUTERS/Carlos Jasso The United States, Mexico and Canada are likely to reach a basic accord over reworking the North American ... More »

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Worries over Trump policies cloud start of IMF, World Bank meetings

A security personnel stands next to International Monetary Fund logo at IMF headquarters in Washington, U.S., April 19, 2017. REUTERS/Yuri Gripas World finance leaders are gathering on U.S. President Donald Trump’s home turf on Thursday to try to nudge his sti... More »

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Japan`s Mitsui Life: To shift to euro bonds from dollar this FY

A woman walks past a sign of Japanese life insurer Mitsui Life Insurance Co., Ltd. at the company’s headquarters in Tokyo July 27, 2009. The characters read, ”Mitsui Life”. REUTERS/Stringer Mitsui Life Insurance Co plans to shift some funds to euro-denominated... More »

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Asian stocks recoup losses in cautious trade- oil supports

A logo of Japan Exchange Group Inc. is seen next to a woman at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, January 4, 2016. REUTERS/Yuya Shino/File Photo Asian stocks erased early losses and edged higher on Thursday as steadying commodity prices, especiall... More »

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Pence says seeks fairer trade with Indonesia

U.S. Vice President Mike Pence (L) chats with Indonesia President Joko Widodo at the presidential palace in Jakarta, Indonesia April 20, 2017. REUTERS/Darren Whiteside U.S. Vice President Mike Pence said on Thursday his administration wants fairer trade with I... More »

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Elliott releases private letters after Arconic CEO`s departure

FILE PHOTO: Klaus Kleinfeld, Chief Executive Officer of Arconic, takes part in the Yahoo Finance All Markets Summit in New York, U.S., February 8, 2017. REUTERS/Lucas Jackson Activist hedge fund Elliott Management released the private letter written by Arconic... More »

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General Motors says Venezuela illegally seizes auto plant

The GM logo is seen in Warren, Michigan, U.S. on October 26, 2015. REUTERS/Rebecca Cook/File Photo General Motors (GM.N) said on Wednesday that Venezuelan authorities had illegally seized its plant in the industrial hub of Valencia and vowed to “take all legal... More »

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Booming ETFs help BlackRock weather investors` cost-cutting

FILE PHOTO: The company logo and trading information for BlackRock is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 30, 2017. REUTERS/Brendan McDermid/File Photo BlackRock Inc (BLK.N), the world’s biggest ass... More »

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U.S. soda sales drops for 12th straight year: trade publication

Regular and mini cans of Coke and Pepsi are pictured in this photo illustration in New York August 5, 2014. REUTERS/Carlo Allegri Sales of soda drinks decreased about 1.2 percent in the United States in 2016, falling for the 12th year in a row, a report by tra... More »

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Dollar set for weekly losses as tensions with Pyongyang rise

FILE PHOTO: U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration/File Photo The dollar nursed losses on Friday, on track for a losing week as continuing tensions in North Korea underpinned the perceived safe... More »

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Asian shares, Korean won head south on geopolitical worries

A currency dealer works in front of electronic boards showing the Korea Composite Stock Price Index (KOSPI) (L) and the exchange rate between the South Korean won and the U.S. dollar at a bank in Seoul, South Korea, March 16, 2017. REUTERS/Kim Kyung-Hoon Japan... More »

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Wall Street slides as investors weigh bank results, global risks

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., April 13, 2017. REUTERS/Brendan McDermid Major U.S. stock indexes fell on Thursday for a third straight day as investors weighed earnings reports from big U.S. banks and geopoli... More »

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Loan growth stalls despite profit, trading gains at some U.S. banks

FILE PHOTO – People pass the JP Morgan Chase & Co. Corporate headquarters in the Manhattan borough of New York City, May 20, 2015. REUTERS/Mike Segar/File Photo Big U.S. banks revealed more evidence of a slowdown in loan growth in their earnings reports on Thu... More »

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BlackRock cuts CEO Larry Fink`s pay `modestly` in 2016: filing

Larry Fink, Chief Executive Officer of BlackRock, takes part in the Yahoo Finance All Markets Summit in New York, U.S., February 8, 2017. REUTERS/Lucas Jackson BlackRock Inc (BLK.N), the world’s largest asset manager, cut total compensation for Chairman and Ch... More »

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AIG board denies CEO 2016 cash bonus after dismal earnings

FILE PHOTO – AIG CEO Peter Hancock speaks during the White House summit on cybersecurity and consumer protection in Palo Alto, California on February 13, 2015. REUTERS/Robert Galbraith/File Photo American International Group Inc’s (AIG.N) board of directors de... More »

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Global Hard left, hard right, or center? French economy may decide

FILE PHOTO: A man looks at campaign posters of the 11th candidates who run in the 2017 French presidential election in Saint Andre de La Roche, near Nice, France, April 10, 2017. L-R : Nicolas Dupont-Aignan, Debout La France group candidate, Marine Le Pen, Fre... More »

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Treasury yields down, stocks fall on global risks

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., April 13, 2017. REUTERS/Brendan McDermid Wall Street indexes fell along with U.S. Treasury yields on Thursday on safe-haven demand spurred by geopolitical worries, and the U.S. ... More »

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Oil prices rise on potential extension of output cuts

FILE PHOTO: A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson Oil prices rose on Wednesday, putting crude futures on track for their longest streak of gains since August 2016, as Saudi Arabia was reported to b... More »

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Yen hits multi-month highs as risk-off mood persists

FILE PHOTO: Light is cast on a U.S. one-hundred dollar bill next to a Japanese 10,000 yen note in this picture illustration shot February 28, 2013. REUTERS/Shohei Miyano/Illustration/File Photo The yen hit five-month highs against the dollar, euro and sterling... More »

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Puerto Rico seen sliding toward bankruptcy as deadline nears

Students of the University of Puerto Rico protest as a meeting of the Financial Oversight and Management Board for Puerto Rico is taking place at the Convention Center in San Juan, Puerto Rico March 31, 2017. Picture taken March 31, 2017. REUTERS/Alvin Baez Ba... More »

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Germany`s Schaeuble promises `moderate` tax cuts after election

German Finance Minister Wolfgang Schaeuble before the weekly cabinet meeting in Berlin, Germany, April 5, 2017. REUTERS/Fabrizio Bensch German Finance Minister Wolfgang Schaeuble said in an interview published on Wednesday he would propose moderate tax cuts fo... More »

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Skittish investors seek safe harbor in yen, gold, bonds

A woman walks past electronic boards showing stock prices outside a brokerage in Tokyo, Japan, January 20, 2017. REUTERS/Kim Kyung-Hoon Investors ducked for cover on Wednesday as a drumbeat of alarming geopolitical news sent the safe-haven yen and gold to five... More »

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Asian stocks slip, investors on knife edge for Trump-Xi meeting

People walk past an electronic board showing stock prices outside a brokerage at a business district in Tokyo, Japan, January 23, 2017. REUTERS/Kim Kyung-Hoon Stocks fell and bonds rose in Asia on Thursday, with risk appetite soured by signs the Federal Reserv... More »

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Kuroda likely favorite for new BOJ term, if willing

FILE PHOTO: Governor of the Bank of Japan Haruhiko Kuroda (C) arrives for the session ‘The Global Economic Outlook’ in the Swiss mountain resort of Davos January 24, 2015. REUTERS/Ruben Sprich/File Photo Bank of Japan governor Haruhiko Kuroda has emphatically ... More »

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Developing Asia`s 2017 growth seen as weakest in 16 years: ADB

Workers work at a construction site in front of Shanghai’s financial district of Pudong in Shanghai, China March 27, 2017. REUTERS/Aly Song Developing Asia is on track to post its slowest annual growth in 16 years this year as it adjusts to China’s rebalancing... More »

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Cisco CEO nominated to bring tech chops to BlackRock board

Chuck Robbins, CEO, Cisco, USA, speaks at a Cyber security conference in Tel Aviv, Israel January 31, 2017. REUTERS/Baz Ratner BlackRock Inc (BLK.N), the world’s largest asset manager, on Wednesday said Cisco Systems Inc (CSCO.O) Chief Executive Chuck Robbins ... More »

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Japan business mood brightens as recovery broadens: BOJ tankan

FILE PHOTO – A man works around a metal procession machine at a factory in Urayasu, east of Tokyo October 9, 2014. REUTERS/Issei Kato Japanese big manufacturers’ business confidence improved for a second straight quarter to hit a one-and-a-half year high in Ma... More »

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Ford recalls F-250 pickups that could roll while in park

A Ford logo is pictured at a car dealership in Monterrey, Mexico, November 9, 2016. REUTERS/Daniel Becerril Ford Motor Co (F.N) is recalling about 52,600 F-250 pickup trucks sold in the United States and Canada because the vehicles could roll after the driver ... More »

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German prosecutors expect rulings in VW scandal this year: report

FILE PHOTO: A Volkswagen logo is pictured at Volkswagen’s headquarters in Wolfsburg, Germany, April 22, 2016. REUTERS/Hannibal Hanschke/File Photo German prosecutors expect the first rulings this year in legal cases resulting from the Volkswagen (VOWG_p.DE) em... More »

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U.S. GDP revision, higher oil boost stocks

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 30, 2017. REUTERS/Brendan McDermid Equities in world markets edged higher on Thursday, led by gains on Wall Street after an upward revision to U.S. economic growth, whil... More »

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Toyota recalls 2.9 million vehicles globally over airbags

The logo of Toyota is pictured at the 38th Bangkok International Motor Show in Bangkok, Thailand March 28, 2017. REUTERS/Athit Perawongmetha Toyota Motor Corp (7203.T) on Thursday said it was recalling a total of about 2.9 million vehicles in Japan, China, Eur... More »

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Asia shares retreat from nearly two-year peak, dollar firms

A woman walks past electronic board showing stock prices and Japanese Yen’s exchange rate outside a brokerage at a business district in Tokyo, Japan, January 23, 2017. REUTERS/Kim Kyung-Hoon Asian shares turned lower on Thursday after earlier briefly nudging u... More »

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Latin America may step up bond sales as Trump fears fade

Pedestrians walk by the main entrance of the Buenos Aires Stock Exchange, Argentina, April 18, 2016. REUTERS/Marcos Brindicci – RTX2AHAB Latin American governments and companies could soon step up bond sales, seizing on an increased appetite for deals as a reg... More »

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Australians sitting on mountains of cash as wealth outpaces debt

Two passengers aboard a ferry look at the Sydney Harbour Bridge as they approach Circular Quay in Sydney, Australia, March 29, 2017. REUTERS/Steven Saphore Australian households saw their wealth balloon to a record A$11.7 trillion ($8.97 trillion) last quarter... More »

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Texas judge kicks Exxon climate lawsuit to New York court

The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015. REUTERS/Lucas Jackson/File Photo A federal judge in Texas on Wednesday kicked an Exxon Mobil Corp lawsuit seeking to thwart... More »

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Volkswagen says U.S. approves sale of modified diesel vehicles

FILE PHOTO – An American flag flies next to a Volkswagen car dealership in San Diego, California, U.S. on September 23, 2015. REUTERS/Mike Blake/File Photo Volkswagen AG (VOWG_p.DE) said the U.S. Environmental Protection Agency has approved its request to sell... More »

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Healthcare vote delay worries stocks, dollar

FILE PHOTO: U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration/File Photo All eyes in global financial markets were fixed on stuttering Republican efforts to pass a replacement for Obamacare on Friday, wit... More »

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Is the dollar overvalued? That depends how you view it

U.S. dollar bank notes are seen in a bank in Budapest August 8, 2011. REUTERS/Bernadett Szabo As doubts grow over whether the dollar will resume the rally that took it to 14-year highs against other major currencies early this year, at least one measure seems ... More »

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ECB`s chief economist stands by pledge to keep policy easy: Il Sole

European Central Bank executive board member Peter Praet attends the 2016 Institute of International Finance (IIF) Spring Membership meeting in Madrid, Spain, May 25, 2016. REUTERS/Susana Vera The European Central Bank’s chief economist stood by the ECB’s pled... More »

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Airbnb embarks on China push with more staff, local name

Brian Chesky, CEO and Co-founder of Airbnb, speaks to the Economic Club of New York at a luncheon at the New York Stock Exchange (NYSE) in New York, U.S. March 13, 2017. REUTERS/Mike Segar U.S. short-term rental giant Airbnb Inc will triple its China staff thi... More »

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Chinese developers post 2016 profit growth as bubble worries linger

FILE PHOTO: Cars drive past residential buildings along a street in Hefei, Anhui province, China, February 19, 2017. REUTERS/Yawen Chen Developers China Overseas Land & Investment Ltd (0688.HK) and Country Garden Holdings Company Ltd (2007.HK) on Wednesday rep... More »