Business

TOKYO (Reuters) – Asian stocks lost ground on Friday as investors worried about a broadening global economic slowdown, with sentiment not helped by the absence of any positive signs for a resolution in the U.S.-China trade row. FILE PHOTO – An investor sits in front of displays showing stock information at a brokerage office in
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FILE PHOTO: Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, poses after the Renault’s 2015 annual results presentation at their headquarters in Boulogne-Billancourt, near Paris, France, February 12, 2016. REUTERS/Benoit Tessier/File Photo PARIS (Reuters) – Renault is investigating a sponsorship deal with the Chateau de Versailles that included a 50,000 euro ($57,000)personal benefit to
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FILE PHOTO: Volvo Cars U.S. production plant is pictured in Ridgeville, South Carolina, U.S. June 20, 2018. REUTERS/Randall Hill STOCKHOLM, Feb 7 (Reuters) – Volvo Cars, owned by China’s Geely, reported higher full-year revenue on Thursday, but said its profit margins had slipped and were expected to remain under pressure this year. Carmakers have faced
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A container ship arrives at Yusen Terminals (YTI) on Terminal Island at the Port of Los Angeles in Los Angeles, California, U.S., January 30, 2019. REUTERS/Mike Blake WASHINGTON (Reuters) – The U.S. trade deficit narrowed sharply in November amid declines in imports of cellphones and petroleum products. The Commerce Department said on Wednesday the trade
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(Reuters) – Walt Disney Co’s reported quarterly earnings on Tuesday that topped Wall Street estimates thanks to the company’s booming theme park business and growth at the ABC broadcast network. FILE PHOTO – The entrance to Walt Disney studios is seen in Burbank, California, U.S. August 6, 2018. REUTERS/Lucy Nicholson Shares of Disney rose 1.8
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NEW YORK (Reuters) – Wall Street gained on Monday, with all three major indexes closing near session highs as sustained optimism on the prospects for U.S.-China trade relations propelled technology shares. Workers move a Google logo during the opening of the new Alphabet’s Google Berlin office in Berlin, Germany, January 22, 2019. REUTERS/Hannibal Hanschke The
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FILE PHOTO – Jeffrey Smith, Managing Member, CEO and Chief Investment Officer for Starboard Value LP., speaks at the Sohn Investment Conference in New York City, U.S. May 4, 2016. REUTERS/Brendan McDermid (Reuters) – Starboard Value LP will make a $200 million investment in Papa John’s International Inc and the activist hedge fund’s chief executive
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Australia’s corporate regulators will be subjected to a new oversight body in a shake-up of the banking sector designed to combat the excessive greed and unethical practices that have engulfed some of the country’s biggest financial institutions. FILE PHOTO: A combination of photographs shows people using automated teller machines (ATMs) at Australia’s “Big Four” banks
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FILE PHOTO: Nissan car plant in Sunderland, northern England, June 24, 2010. REUTERS/Nigel Roddis/File Photo LONDON (Reuters) – Japanese carmaker Nissan has scrapped plans to build its new X-Trail SUV in Britain, saying just two months before Brexit that it had taken the decision to “optimize its investments” by building the next generation model in
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BEIJING, (Reuters) – China’s sprawling services sector maintained a solid pace of expansion in January even though growth moderated slightly, a private survey showed on Sunday, offering continued support for the world’s second-largest economy as manufacturing cools. FILE PHOTO: A sales promoter waits for customers at a discount department store in Beijing January 19, 2015.
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WASHINGTON (Reuters) – A federal appeals court asked pointed questions of the Federal Communication Commission on Friday in hearing a challenge to whether the Trump administration acted legally when it repealed landmark net neutrality rules governing internet providers in December 2017. FILE PHOTO: The Federal Communications Commission (FCC) logo is seen before the FCC Net
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FILE PHOTO – Logos of ConocoPhillips are seen in its booth at Gastech, the world’s biggest expo for the gas industry, in Chiba, Japan, April 4, 2017. REUTERS/Toru Hanai/File Photo GLOBAL BUSINESS WEEK AHEAD (Reuters) – ConocoPhillips, the world’s largest independent oil producer, reported a surge in quarterly adjusted profit on Thursday, helped by higher
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