Business

FILE PHOTO – The logo of U.S. pharmaceutical corporation Pfizer Inc. is seen at a branch in Zurich, Switzerland October 2, 2018. REUTERS/Arnd Wiegmann/File Photo (Reuters) – Pfizer Inc forecast full-year revenue below estimates, after reporting a 2 percent rise in quarterly revenue. The company expects revenue of $52 billion to $54 billion, compared with
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WASHINGTON (Reuters) – The United States on Monday announced criminal charges against China’s Huawei Technologies Co Ltd, escalating a fight with the world’s biggest telecommunications equipment maker and coming days before trade talks between Washington and Beijing. The Justice Department charged Huawei and its chief financial officer Meng Wanzhou with conspiring to violate U.S. sanctions
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Taxis disrupt traffic to protest against ride-hailing services in central Madrid, Spain, January 28, 2019. REUTERS/Juan Medina MADRID (Reuters) – Hundreds of taxis blocked a central traffic artery in Madrid during Monday’s morning rush hour, in their biggest show of strength yet as a protest seeking tighter regulation of Uber and other ride-hailing services entered
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KUALA LUMPUR (Reuters) – Malaysia’s securities regulator said on Saturday it was looking into the conduct of auditors of 1Malaysia Development Bhd (1MDB), a state fund that was wound up after losing billions of dollars in a scandal that erupted under the country’s previous government. FILE PHOTO: A construction worker talks on the phone in
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NEW YORK (Reuters) – U.S. fund managers are continuing their retreat from consumer-related stocks and increasing their defensive bets out of concerns that the U.S. economy is slowing even though government leaders had reached agreement to end the longest shutdown ever. Traders work on the floor of the New York Stock Exchange (NYSE) in New
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FILE PHOTO: People holding mobile phones are silhouetted against a backdrop projected with the Twitter logo in this illustration picture taken September 27, 2013. REUTERS/Kacper Pempel/Illustration/File Photo DUBLIN (Reuters) – Twitter’s lead regulator in the European Union, the Irish Data Protection Commissioner (DPC), said on Friday it was investigating the company for a breach notification
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FRANKFURT (Reuters) – Deutsche Bank AG has received an inquiry from two U.S. House of Representatives committees on the lender’s ties to President Donald Trump, it said on Thursday. FILE PHOTO: A Deutsche Bank logo at the company’s headquarters in Frankfurt, Germany June 9, 2015. REUTERS/Ralph Orlowski/File Photo Democrats now in control of the House
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FILE PHOTO: A Microsoft sign is seen during the China International Import Expo (CIIE), at the National Exhibition and Convention Center in Shanghai, China November 5, 2018. REUTERS/Aly Song (Reuters) – Microsoft Corp’s Bing search engine has been blocked in China following a government order, the Financial Times reported on Thursday, citing people familiar with
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NEW YORK (Reuters) – A gauge of world stock markets fell on Tuesday as concerns over global growth and trade gave investors incentive to look toward safe-haven assets such as the Japanese yen and government bonds. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 22, 2019.
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ZURICH (Reuters) – UBS (UBSG.S) warned of a tough start to 2019 after fourth-quarter earnings fell short of expectations in conditions Chief Executive Sergio Ermotti described as “historically tough”. FILE PHOTO: The logo of Swiss bank UBS is seen in Zurich, Switzerland October 25, 2018. REUTERS/Arnd Wiegmann/File Photo The first major European bank to report
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FILE PHOTO: Hans Dieter Poetsch, Chairman of the Volkswagen’s supervisory board, speaks during the Volkswagen Group’s annual general meeting in Berlin, Germany, May 3, 2018. REUTERS/Axel Schmidt BERLIN (Reuters) – The move to electric vehicles will make cars significantly more expensive, meaning they may become unaffordable for people on low incomes in the future, the
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BEIRUT (Reuters) – Qatar’s emir will visit Beirut on Sunday for an Arab economic summit which has been marred by regional rifts and internal Lebanese disputes even before it began. FILE PHOTO: Amir of Qatar Sheikh Tamim bin Hamad bin Khalifa Al-Thani speaks during Doha Forum in Doha, Qatar, December 15, 2018. Qatar News Agency/Handout
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