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Exclusive: Nasdaq cracks down on IPOs of small Chinese companies

(Reuters) – Nasdaq Inc (NDAQ.O) is cracking down on initial public offerings (IPOs) of small Chinese companies by tightening restrictions and slowing down their approval, according to regulatory filings, corporate executives and investment bankers. Nasdaq’s at... More »

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U.S. fund managers zero in on software as tariffs upend tech sector

NEW YORK (Reuters) – Worries that a broadening trade war between the United States and China will upend the global supply chain are prompting some U.S. fund managers to buy shares of companies they believe will shield them from such disruptions. Managers from ... More »

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TSX futures point to flat opening

FILE PHOTO: A sign board displaying Toronto Stock Exchange (TSX) stock information is seen in Toronto June 23, 2014. REUTERS/Mark Blinch/File Photo (Reuters) – Canada’s main stock index futures were little changed on Friday even as oil prices rose amid ongoing... 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 »

For-profit colleges could prosper under Trump: Barron`s

Donald Trump holds a Purple Heart given to him during a campaign event at Briar Woods High School in Ashburn, Virginia. REUTERS/Eric Thayer For-profit education stocks have surged on expectations that President-elect Donald Trump and a Republican Congress may ... More »

Good year for deaths drives profit rise for British funeral firm

LONDON A sharp increase in the number of deaths in Britain in 2015 compared with the previous year helped funeral services firm Dignity post a 16-percent profit increase, the firm said on Wednesday. Dignity said the 7-percent year-on-year rise in the number of... More »

Berkshire profit falls 37 percent on investment, insurance slump

Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) (BRKb.N) said on Friday its second-quarter profit fell 37 percent, reflecting a significant decline in investment gains and an underwriting loss from insurance operations, which include Geico. Net income for the... More »