Business

WASHINGTON (Reuters) – U.S. employers likely maintained a strong pace of hiring in April while steadily increasing wages for workers, pointing to solid economic growth and moderate inflation pressures. FILE PHOTO: Job seekers and recruiters gather at TechFair in Los Angeles, California, U.S. March 8, 2018. REUTERS/Monica Almeida -/File Photo The Labor Department’s closely watched
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FILE PHOTO: A Qualcomm sign is seen during the China International Import Expo (CIIE), at the National Exhibition and Convention Center in Shanghai, China November 6, 2018. REUTERS/Aly Song (Reuters) – Qualcomm Inc beat analysts’ expectations for second-quarter revenue on Wednesday, adding to recent bullish results from a host of chipmakers that have allayed investor
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SHANGHAI (Reuters) – Shares in Asia fell on Tuesday as readings on China’s manufacturing activity failed to meet expectations, underscoring weakness in the world’s second-largest economy despite Beijing’s attempts to spur growth. FILE PHOTO: An investor looks at an electronic board showing stock information at a brokerage house in Shanghai, China July 6, 2018. REUTERS/Aly
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FILE PHOTO: A worker cleans behind Etihad airlines counters at JFK International Airport in New York, U.S., March 21, 2017. REUTERS/Lucas Jackson/File Photo DUBAI (Reuters) – Abu Dhabi’s Etihad Airways will offer wirelessly streamed movies and television shows to passengers on mainly short-haul flights as it removes entertainment screens from its Airbus A320 narrow-body fleet.
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STOCKHOLM/OSLO (Reuters) – Scandinavian airline SAS canceled hundreds of flights scheduled for Sunday as a pilot strike entered its second day, disrupting the travel plans of tens of thousands of passengers. An information board displays cancelled flights as SAS pilots go on strike at Oslo Airport in Gardermoen, Norway April 26, 2019. NTB Scanpix/Ole Berg-Rusten
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(Reuters) – Uber Technologies Inc, the world’s largest ride-hailing company, plans an initial public offering that values the company lower than the startup’s insiders had hoped, between $80.5 billion and $91.5 billion. The valuation, outlined in a regulatory filing on Friday, is less than the $120 billion that investment bankers told Uber last year it
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(Reuters) – Facebook Inc is preparing for a record-setting fine from U.S. regulators over privacy issues, but Wall Street shrugged at the looming penalty after the company added users and trounced profit expectations for the first quarter. FILE PHOTO: Small toy figures are seen in front of Facebook logo in this illustration picture, April 8,
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