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China set to post slowest growth in 28 years in 2018, more stimulus seen
Sat, 19 Jan 2019 23:04:25 -0500
China is expected to report on Monday that economic growth cooled to its slowest in 28 years in 2018 amid…
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Paris informs Tokyo it wants Renault and Nissan to integrate: Nikkei
Sat, 19 Jan 2019 21:34:58 -0500
A French government delegation has informed Tokyo that it would seek an integration of Renault and Nissan , most likely…
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EU tax on big digital companies could be struck by March: French minister
Sat, 19 Jan 2019 18:14:48 -0500
A European Union-wide tax on the world's top digital companies could be reached by the end of March, French Finance…
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EU must approve Siemens/Alstom deal, says French finance minister
Sat, 19 Jan 2019 18:01:36 -0500
The European Union must approve the tie-up between Germany's Siemens and French group Alstom , said French Finance Minister Bruno…
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Exclusive: U.S. demands regular review of China trade reform
Sat, 19 Jan 2019 15:10:53 -0500
The United States is pushing for regular reviews of China's progress on pledged trade reforms as a condition for a…
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GM warns workers in Brazil on losses, tough turnaround plan
Sat, 19 Jan 2019 12:36:54 -0500
General Motors Co has warned employees in Brazil that new investments there depend on a painful plan to return to…
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Trump says deal 'could very well happen' with China
Sat, 19 Jan 2019 11:04:51 -0500
U.S. President Donald Trump said on Saturday there has been progress toward a trade deal with China, but denied that…
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Qatar emir to attend Beirut's Arab economic summit
Sat, 19 Jan 2019 05:49:33 -0500
Qatar's emir will visit Beirut on Sunday for an Arab economic summit which has been marred by regional rifts and…
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Supermarket retailer Casino to sell six stores to rival Leclerc
Sat, 19 Jan 2019 03:47:23 -0500
French supermarket retailer Casino , in the process of divesting assets to cut debts, has agreed to sell six of…
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U.S. chipmakers may give clues on China hazard
Sat, 19 Jan 2019 03:36:38 -0500
Intel Corp operates mostly outside the Apple-sphere, and that is exactly why whatever it says next week about business in…
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Malaysia court rules in favor of Wynn Macau in $4.2 million case: lawyer
Sat, 19 Jan 2019 00:54:50 -0500
A Malaysian judge on Friday ruled in favor of Wynn Macau in a case against a fund manager who owed…
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LJM Partners sues unnamed 'manipulators' it blames for volatility losses
Fri, 18 Jan 2019 21:32:22 -0500
LJM Partners Ltd on Friday filed a lawsuit against unnamed parties it holds responsible for hundreds of millions of dollars…
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Explainer: How U.S.-China talks differ from any other trade deal
Fri, 18 Jan 2019 21:29:45 -0500
The trade deal that U.S. negotiators are seeking with China may have more in common with a sanctions-monitoring regime than…
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White House adviser Kudlow says making progress on China trade talks
Fri, 18 Jan 2019 21:29:45 -0500
White House economic adviser Larry Kudlow said on Friday that the United States and China were making progress on trade…
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PBGC steps in to oversee Sears' two pension plans
Fri, 18 Jan 2019 21:27:46 -0500
Pension Benefit Guaranty Corp (PBGC) is taking steps to assume responsibility for bankrupt retailer Sears Holdings Corp's two pension plans,…
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Apple ordered to pull part of press release in Qualcomm case
Fri, 18 Jan 2019 21:27:20 -0500
Apple Inc has been ordered by a German court to stop using part of a press release claiming all iPhones…
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Exclusive: BlackRock, Goldman to move some fund managers to U.S. if no-deal Brexit - sources
Fri, 18 Jan 2019 21:26:08 -0500
BlackRock and Goldman Sachs Asset Management both plan to temporarily move some British-based fund managers to New York in the…
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Fed policymakers leave little doubt: Rate hikes can wait
Fri, 18 Jan 2019 18:35:34 -0500
"Patience" is the new mantra at the Federal Reserve, less than two weeks ahead of the U.S. central bank's first…
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Fed's Brainard sees mounting negative risks for U.S. economy
Fri, 18 Jan 2019 18:22:42 -0500
Federal Reserve Governor Lael Brainard on Friday became the latest U.S. central banker to worry publicly about rising risks for…
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FedEx to take up to $575 million charge as it starts voluntary buyouts
Fri, 18 Jan 2019 17:54:05 -0500
FedEx Corp said on Friday it could take as much as $575 million in charges as it began offering voluntary…