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China appears to U-turn on ‘obsessive’ gaming crackdown
The video game regulator had drafted rules which would have limited the time and money spent gaming. More »
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#COMPANIES
22 posts
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Make a vaccine? I’m trying to teach my kids the alphabet
LONDON/BERLIN/MILAN (Reuters) – It’s tough to do any useful work when you’re stuck at home, struggling to home-school bickering kids, let alone when you’re trying to produce a COVID-19 vaccine. British drugmaker AstraZeneca (AZN.L) had spent years preparing fo... More »
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Trump says he would support government taking stake in certain companies
WASHINGTON (Reuters) – President Donald Trump on Thursday opened the door to a radical shift in the U.S. government’s relationship to private industry as the coronavirus outbreak upends the nation’s economy, saying he would back the government taking stakes in... More »
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Ex-Facebook executive starts group to help employees push companies on climate
SAN FRANCISCO (Reuters) – Facebook’s former sustainability chief has launched an organization to help employees at big companies press their bosses for more aggressive policies to fight climate change. Hundreds of companies have committed to reducing emissions... More »
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Solar and wind firms call the ‘Green New Deal’ too extreme
WASHINGTON/LOS ANGELES (Reuters) – U.S. solar and wind power companies may have the most to gain from the Green New Deal, an ambitious proposal backed by several Democratic presidential candidates to end U.S. fossil fuel consumption within a decade. But do not... More »
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Mutual funds start to put their mouth where their money is
(Reuters) – Corporate America’s biggest shareholders have traditionally been content with sharing their views on a company’s strategy privately with management. But now some mutual funds are beginning to rethink their stance, amid pressure from investors for t... More »
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Impact of ‘Yellow Vests’ protests on French and European companies
60 MLN EUROS (Reuters) – The “yellow vests” movement – named after the fluorescent jackets French motorists have to carry in their vehicles – started in mid-November as a protest against a fuel tax but has since grown into a broader backlash against President ... More »
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NASA selects nine U.S. companies to vie for moon program funding
ORLANDO, Fla. (Reuters) – NASA on Thursday named nine U.S. companies, including Lockheed Martin Corp, that will compete for funding under the space agency’s renewed long-term moon program, a private-public undertaking to develop technology that will explore th... More »
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Actions taken on Russian firms by market institutions after new…
LONDON (Reuters) – Banks, index providers and dealing platforms are trying to distance themselves from a group of Russian companies targeted by the latest U.S Treasury Department sanctions. The measures give U.S. investors until May 7 to divest any stocks, bon... More »
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U.S. steel, aluminum stocks up on Trump’s tariffs, but other…
A partially assembled Chevrolet 2017 Sonic is seen on the assembly line at GM’s Orion Assembly plant in Orion, Michigan, U.S., June13, 2017. REUTERS/Rebecca Cook (Reuters) – Stock prices of U.S. steel and aluminum makers rose on Thursday after President Donald... More »
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Companies have up to a year for new U.S. tax bill reporting: SEC
Jay Clayton, Chairman of the Securities and Exchange Commission in Washington, U.S. September 26, 2017. REUTERS/Aaron P. Bernstein WASHINGTON (Reuters) – U.S. financial regulators said on Friday that because the new tax bill could make timely financial reporti... More »
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Factbox: Corporate America expects tax overhaul to lift spending, earn
(Reuters) – The Republican-led U.S. House of Representatives on Wednesday passed the biggest overhaul of the U.S. tax code in 30 years, sending a sweeping $1.5 trillion bill to President Donald Trump for his signature. The tax plan is designed to kick-start ec... More »
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Investors parse impacts on multinationals from House tax bill
A U.S. Republican tax bill unveiled on Thursday offers big multinational companies more benefits than minuses, and could free up extra cash for investments, dividends or improving balance sheets. More »
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Awaiting better days, multinationals keep Venezuela units alive – barely
Venezuelan auto worker Celso Nunez spends his days moonlighting as a mover and trading salvaged building materials in his worn-out red pick-up. More »
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Cyber breaches have cost shareholders billions since 2013: report
FILE PHOTO: A computer keyboard lit by a displayed cyber code is seen in this illustration picture taken on March 1, 2017. REUTERS/Kacper Pempel/Illustration/File Photo Cyber security breaches erode companies’ share prices permanently, with financials the wors... More »
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Back to zero: Companies use 1970s budget tool to cut costs as they hunt for growth
The logo of Mondelez International is pictured at the company’s building in Zurich November 14, 2012. T REUTERS/Michael Buholzer The number of U.S. companies using a budgeting tool made famous in the 1970s by former U.S. President Jimmy Carter is surging as th... More »
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Trump travel ban stirs faint corporate outcry beyond Silicon Valley
U.S. President-elect Donald Trump sits with PayPal co-founder and Facebook board member Peter Thiel, Apple Inc CEO Tim Cook, Oracle CEO Safra Catz and Tesla Chief Executive Elon Musk during a meeting with technology leaders at Trump Tower in New York U.S., Dec... More »
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Japan Inc believes Abe, Trump don`t want to see excessive yen weakness: Reuters poll
An employee of a foreign exchange trading company wears a jacket near monitors showing U.S. President-elect Donald Trump speaking on TV news, and the Japanese yen’s exchange rate against the U.S. dollar (top R) in Tokyo, Japan, November 9, 2016. REUTERS/Toru H... More »
Companies urged to use multiple vendors in wake of cyber attack
A lock icon, signifying an encrypted Internet connection, is seen on an Internet Explorer browser in a photo illustration in Paris April 15, 2014. REUTERS/Mal Langsdon Companies can reduce the risk from the type of cyber attack that took out major websites on ... More »
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Theater operator AMC`s stock could gain nearly 30 percent: Barron`s
The stock of theater operator AMC Entertainment Holdings Inc could rise to $40 a share from around $31 now thanks to a variety of moves under new chief executive Adam Aron, according to Barron’s. More »
Japan quakes disrupt Sony production of image sensors used in Apple iPhones
TOKYO Electronics giant Sony Corp said a factory producing image sensors for smartphone makers will remain closed while it assesses the damage from two deadly earthquakes which hit southern Japan. One of its major customers is Apple, which uses the sensors in ... More »
Western companies look hard at China as growth slows
LONDON The Chinese slowdown is forcing many Western companies to take a hard look at their businesses there, leading many to reduce investments, costs and product lines and to tackle increasing bad debts. Double digit growth rates during the first decade of th... More »
