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Oil prices fall on rising US stockpiles, but global markets remain tense SINGAPORE (Reuters) - Oil prices fell on Wednesday after a report showed a rise in U.S. crude inventories, but global markets remained tense amid an intensifying political crisis in Venezuela, tightening U.S. sanctions on Iran, and ongoing OPEC supply cuts.
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Apple CEO Tim Cook: We Feel Good About Resolution With Qualcomm During today's earnings call covering the second fiscal quarter of 2019 (first calendar quarter), Apple CEO Tim Cook was asked about Apple's settlement with Qualcomm. While Cook declined to provide color on how this will affect Apple's development plans ...
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Australia's ANZ first-half profit rises on staff cuts, though margins shrink SYDNEY (Reuters) - Australia and New Zealand Banking Group Ltd said on Wednesday staff cuts helped lift first-half cash profit by 2 percent to A$3.56 billion ($2.5 billion), although interest margins fell to their lowest level in more than a decade. FILE PHOTO: ...
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Health-Focused Meal Delivery Service Trifecta Puts Beyond Burgers On The Menu Beyond Meat beefed up its expected share price and valuation a day ahead of its Wednesday initial public offering, betting that fast-growing demand for plant-based meat replacements like the Beyond Burger will put the company's value at about $1.49 billion.
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Amazon launches new Middle East marketplace, and rebrands Souq, the company it bought for $580 million in 2017 Editor's Note: Updates have been made throughout this story to correctly report that Amazon is not shutting down Souq. Rather, the brand is still available in Saudi Arabia and Egypt. Amazon launched a new Middle East marketplace on Tuesday, two years ...
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Griffin Says `Soaking the Rich Doesn't Work,' Defends Capitalism Ken Griffin, the billionaire founder of Citadel, blasted socialism and said raising taxes on the wealthy isn't the solution to inequality. "Soaking the rich doesn't work," the hedge fund manager said Tuesday in an interview with Bloomberg Television from the ...
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Facebook Recommits To A More Personalized Dating App, Your Privacy Love is in the air at F8, the annual Facebook developers conference. CEO Mark Zuckerberg announced on Tuesday, among other things, "Secret Crush," an iteration of Facebook Dating, the mobile-only app which rolled out to a limited audience last year, ...
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Key Occidental Shareholder T. Rowe Price Opposes Bid for Anadarko T. Rowe Price Group , one of the largest shareholders of Occidental Petroleum , opposes the energy company's proposed merger with Anadarko Petroleum . The investment firm (ticker: TROWE), which held 21 million shares of Occidental (OXY) stock at the ...
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Gizmodo Media getting makeover following Univision sale Gizmodo Media Group, the collection of sites formerly known as Gawker Media, is getting an overhaul under its new owners. GMG, which is now known as G/O Media, shed 25 employees, including Editorial Director Susie Banikarim and Executive Managing ...
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EPA reaffirms glyphosate safe for users as court cases grow FILE - In this Feb. 24, 2019, file photo, containers of Roundup are displayed on a store shelf in San Francisco. The Environmental Protection Agency is reaffirming that a popular weed killer is safe for users, even as legal claims mount from people who blame ...
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Gardner Denver to Merge With Ingersoll-Rand Division Gardner Denver GDI 3.69% Holdings Inc. agreed to merge with the industrial division of Ingersoll-Rand IR 1.78% PLC, a tie-up that would create the world's second-largest manufacturer of industrial pumps and compressors. In the deal, Ingersoll plans to spin ...
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Huawei brings in global heavyweight as Australian CEO Huawei Australia has brought in a global heavyweight from within the telecommunications giant's ranks as its new chief executive. Former Huawei Indonesia chief executive Haosheng Hudson Liu will be the new head of the China-based behemoth's local ...
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Qantas prepares for life after Joyce, but not just yet Qantas' latest management shuffle may give the impression that the group is preparing for life after Alan Joyce. That's not entirely true. While there's no doubt that what appears to be a continual reshuffling of Qantas' senior executive ranks is designed to ...
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Mega Millions numbers for 04/30/19; live results for $229 million drawing LANSING, MI -- It's been nearly two months since a lucky player won a $267 million Mega Millions jackpot. It was also the last time anyone won the Mega Millions jackpot, meaning the drawing on Tuesday, Apr. 30, is worth $229 million. The cash option for ...
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Land Rover teases new Defender again as development reaches a 'milestone' Whole cities would have rebelled had the Defender lost any of its harsh, rectilinear design. Land Rover. Whether you knew about it or not, Monday marked World Land Rover Day, and to celebrate the occasion, Land Rover saw fit to bring us an update on the ...
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Co-location case: Sebi bars NSE from accessing securities market for 6 months, slaps fine of Rs 625 cr Capital market regulator Securities and Exchange Board of India (Sebi) on Tuesday barred National Stock Exchange (NSE) from accessing the securities market for a period of six months in co-location case. The regulator has also asked the leading stock ...
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Americans pay nearly $100 more on washers and dryers because of Trump's 2018 tariffs, study finds LOS ANGELES - Have you bought a washer and dryer recently? You might have noticed that you shelled out more than you expected for them after a recent study found prices on the machines have increased by almost $100 for consumers because of ...
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Why Airbus isn't pouncing on Boeing's 737 MAX turmoil By Tim Hepher. PARIS (Reuters) - When Boeing launched its 737 MAX jetliner in response to Airbus's record-selling A320neo, a wave of poker-faced satisfaction spread through Airbus headquarters in France. Its reasons for cheering Boeing's decision to ...
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She's been called a sellout and a traitor, but Canopy Growth's top pot advocate fights on Hilary Black has been a passionate lawbreaker since she graduated from high school. Today, she sits in the C-suite of the world's largest cannabis company. As chief advocacy offer at Canopy Growth Corp., with a market value of about C$23 billion ($17 ...
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ASX jumps as big banks bounce back Australian shares have moved higher as the financial sector led gains after ANZ lifted its first-half profit. The benchmark S&P/ASX200 index was up 42.9 points, or 0.68 per cent, to 6,368.4 points at 1200 AEST on Wednesday, while the broader All Ordinaries ...
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