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Yen, Swiss franc benefit as dollar falls on US-China conflict and economic fears London - The dollar fell on Monday, after reaching its lowest since September 2018 overnight, as deteriorating U.S.-China relations and concerns about the U.S. economy saw investors look to the yen and Swiss franc as safe havens. FILE PHOTO: Euro, Hong ...
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US Orders for Long-Lasting Goods Gained in June Orders for long-lasting U.S. factory goods rose in June as the economy continued its climb back from disruptions related to the coronavirus pandemic, though a summer surge in virus infections could dampen future gains. New orders for durable ...
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Intel's Fabs Aren't Going Anywhere Intel's INTC -1.10% manufacturing prowess has taken a beating. But the chip maker is unlikely to get out of the "making" part of the business. Such speculation is now rampant on Wall Street, following a disastrous second-quarter report that featured largely ...
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PRECIOUS-Gold zooms to all-time peak as safety rush gathers steam ... * Silver notches up fresh 7-year peak. * Dollar falls to two-year low. * U.S. consulate in Chengdu closed as of Monday morning - China. * Interactive graphic tracking global spread of coronavirus: open tmsnrt.rs/3aIRuz7 in an external browser (Recasts, adds ...
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Oil up on weak dollar though US-China tensions, virus weigh SINGAPORE/LONDON (Reuters) - Oil prices edged higher on Monday helped by a weak dollar and expected U.S. stimulus measures but gains were capped by rising global coronavirus cases and tensions between the United States and China. FILE PHOTO: ...
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Google Employees Will Work From Home Until Summer 2021 Google employees will work from home until summer 2021. Here's what you need to know. Work From Home. As first reported by the Wall Street Journal, Google will extend its remote work policy through Summer 2021 as a result of the Covid-19 pandemic.
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Target Takes Big Step To Close On Thanksgiving Holiday Target said in a press release on Monday (July 27) that, as part of its holiday shopping and COVID-19 plans, it will close on Thanksgiving. The chain's move follows Walmart's announcement that it will also close stores on that same holiday. "The investments ...
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Gold Is Rallying. The Mining Stocks Are the Best Way to Play It. Gold prices have rallied to new highs, helped by renewed weakness in the dollar, and the metal could soon be poised to hit $2,000 an ounce. Gold was up $35, to $1,937 an ounce in early trading Monday. The old peak set in August 2011 was around $1,900 ...
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BMW Converts 5-Series To EV, Aims At 400000 EVs A Year Germany premium automaker BMW will build an all-electric EV version of its conservative mid-range 5-Series limousine as the next phase of its electrification bites hard on its combustion engines. BMW today announced the company would sell more than ...
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FDA clears Zebra Medical's breast cancer AI for spotting suspicious mammography lesions Zebra Medical will bundle its mammography artificial intelligence alongside its other programs as part of an "all-in-one" offering with a fixed annual fee and a price of up to $1 per scan. (Getty Images). Share Facebook Twitter LinkedIn Email Print.
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Walgreens' Pessina To Exit CEO Role; Will Move To Executive Chairman Walgreens Boots Alliance Inc. CEO Stefano Pessina is stepping down, the company announced on Monday (July 27). The 79-year-old executive, who became CEO five years ago, has been named executive chairman, and the former executive chairman ...
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SEP-IRA or Solo 401(k): Which is Better for Self-Employed? Two of the best options for the self-employed are the SEP-IRA and the Solo 401(k). Both options offer current tax deductions and the ability to grow retirement savings on a tax-deferred basis until retirement. SEP stands for Simplified Employee Pension.
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Hasbro's stock plunges as toy factory shutdowns hurt sales New York (CNN Business) Sales of Elsa and Anna dolls and Baby Yoda toys weren't strong enough to save Hasbro this spring. The company reported a bigger-than-expected drop in revenue and adjusted earnings for the second quarter. Shares fell 8% on ...
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Experian Giving Consumers a Credit Boost for Their Love of Streaming COSTA MESA, Calif.--(BUSINESS WIRE)--If you're among the millions streaming more often during COVID-19, Experian is offering a way to use the leading video streaming service to boost your credit. Building on its groundbreaking consumer credit product, ...
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Nokia and US Cellular team up for 5G mmWave to modernize 5G capabilities for enhanced customer experiences Nokia will deploy its AirScale mmWave radio products with Cloud RAN capabilities to support U.S. Cellular's customers with 5G and IoT services and to support new business models such as fixed wireless access; U.S. Cellular's enhanced 5G network will ...
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Better Buy: Southwest Airlines vs. Spirit Airlines These two airline stocks were popular with investors prior to the pandemic. Is either worth buying into today? Lou Whiteman. (TMFeldoubleu). Jul 27, 2020 at 7:44AM. Author Bio. Lou has followed the markets for more than two decades, developing extensive ...
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Mitsubishi Motors sees loss for second year in a row, will discontinue Pajero SUV TOKYO (Reuters) - Japan's Mitsubishi Motors Corp (7211.T) on Monday forecast its second straight year of losses hurt by a plunge in sales due in part to the coronavirus pandemic. FILE PHOTO: Mitsubishi Mi-Tech concept car is seen in Tokyo Motor Show in ...
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Why is SAP spinning Qualtrics out via an IPO? Over the weekend, software giant SAP announced that it will take Qualtrics public, with the German software company retaining a majority stake in the Utah-based "experience management" firm after its forthcoming debut. SAP paid $8 billion in cash for ...
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Buy Biogen Stock, Says Morgan Stanley, Because the Time Is Right It's time to take a gamble on Biogen stock, according to Morgan Stanley analyst Matthew Harrison. In a note out Monday morning, Harrison issued a rare double upgrade on Biogen (ticker: BIIB), raising his rating to Overweight from Underweight, and ...
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Grimes Told Elon Musk to Turn Off His Phone After Tweeting That "Pronouns Suck" Surprisingly, the parents of baby X Æ A-Xii, Elon Musk and Grimes, have very different opinions on the importance of pronouns. The couple had a minor spat on Twitter on Friday night after the tech CEO followed up his proclamation that red rose emoji Twitter ...
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Rosehill Resources Files For Chapter 11 Bankruptcy Rosehill Resources Inc. said it has filed for bankruptcy, reflecting the fallout in energy markets caused in part by the Covid-19 pandemic. The company said Monday that it and an operating subsidiary have begun a chapter 11 restructuring in U.S. Bankruptcy ...
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Shareholder Tencent offers to take Sogou private (Reuters) - China's Sogou Inc (SOGO.N) said on Monday shareholder Tencent Holdings (0700.HK) has made a preliminary offer to buy the rest of the web search firm it did not already control, in a deal that valued the company at about $3.5 billion. Tencent ...
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Deutsche Bank to end global business activities in coal mining by 2025 FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE), in a revamp of its policies for fossil fuels, said on Monday that it would end business activities worldwide related to coal mining by 2025 at the latest. The German lender also said that, effective ...
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Mercedes coupe and convertible models reportedly face the ax as Benz invests in SUVs Models like this 2021 Mercedes-AMG E 53 Coupe are reportedly being broomed to make room for SUVs. Mercedes-Benz. While slumping sales meant that coupe and convertible models all but evaporated from most mainstream car brand showrooms years ...
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Hughes to Join UK Government and Bharti Enterprises in New OneWeb Consortium GERMANTOWN, Md., July 27, 2020 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite networks and services, today announced its participation in the winning consortium, led by the U.K. Government and ...
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Dick's Sporting Goods to also stay closed Thanksgiving due to COVID-19, following Walmart, Target holiday closures Dick's Sporting Goods is the latest to announce its stores will stay closed this Thanksgiving due to the coronavirus pandemic. Dick's distribution centers will also close for the holiday, which is Nov. 26, and the company said it is extending its 15% pay premium ...
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Trader Joe's Teen: the director's cut Last week, I got the opportunity to speak with Briones Bedell, 17, an East Bay highschooler who penned a petition asking cult supermarket Trader Joe's reconsider the branding of some of its "ethnic" food items as well as its stated tie to the 1919 book, "White ...
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Facebook delays second-quarter results as Zuckerberg set to appear before Congress (Reuters) - Facebook Inc (FB.O) said on Monday it has delayed the release of its second-quarter results by a day to July 30 to allow Chief Executive Officer Mark Zuckerberg to appear for a rescheduled Congressional hearing. The hearing, which will also ...
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Global prospects dim for China's tech champions as great powers clash SHANGHAI/BEIJING (Reuters) - Huawei Technologies' founder Ren Zhengfei's global ambitions are marked in bricks and mortar at a new company campus in southern China, where the buildings are replicas from European cities. FILE PHOTO: Employees ...
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NY MTA Chief Says $3.9 Billion More of US Aid Needed in 2020 The head of New York's Metropolitan Transportation Authority said the agency is facing a "fiscal tsunami" as the coronavirus pandemic decimates its revenue, leaving it in need of an additional $3.9 billion in federal aid to make it through the rest of the year.
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Gap Partners Old Navy With PopSugar for New Tween Clothing Line Gap (NYSE:GPS) announced today its Old Navy brand is partnering with media and lifestyle company PopSugar to launch a line of clothes for tweens called PS x ON. Kohl's (NYSE:KSS) also sought access to PopSugar's data and analytics through a clothing ...
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3 Social Security Moves That Could Cost You During the COVID-19 Pandemic These moves might seem to make sense at a time like this -- but be careful, because you could wind up regretting each and every one. Maurie Backman. (TMFBookNerd). Jul 27, 2020 at 6:02AM. Author Bio. Maurie Backman is a personal finance writer who's ...
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Ahead of Market: 12 things that will decide stock action on Tuesday NEW DELHI: Nifty closed below the 11,150 level on Monday and in the process formed a Bearish Belt Hold candle on the daily chart. Vinod Nair of Geojit Financial Services said financials led the losses following an RBI report projecting a surge in bad loans ...
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Planet Fitness will require masks at all gyms beginning August 1 Planet Fitness announced Monday that it will require all visitors and staff to wear face masks beginning August 1. The national fitness franchise made the announcement in emails to members and on its social media platforms. We love your faces, ALL of them.
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Fitch Affirms Mosaic Health System's (MO) 'AA-' IDR Rating; Outlook Stable Fitch Ratings - Chicago - 27 Jul 2020: Fitch Ratings has affirmed the 'AA-' Issuer Default Rating (IDR) assigned to Mosaic Health System (Mosaic, formerly Heartland Health). Fitch also affirms the 'AA-' ratings assigned to approximately $273 million of series ...
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SES and Harmonic Partner for Transition of C-Band Spectrum to Enable 5G SAN JOSE, Calif., July 27, 2020 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that it will partner with SES for technology upgrades associated with the SES transition plan filed with the Federal Communications Commission on June 19, 2020.
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Total, IOC form joint venture to manufacture bitumen derivatives Total is the leading bitumen manufacturer and supplier in Europe, while IOC is the largest player in the Indian bitumen market. Share Via Email. Published: 27th July 2020 08:30 PM | Last Updated: 27th July 2020 08:30 PM | A+A A-. Indian Oil Corporation.
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Offshore wind power now so cheap it could pay money back to consumers The latest round of offshore wind farms to be built in the UK could reduce household energy bills by producing electricity very cheaply. Renewable energy projects, including onshore and offshore wind and solar farms, have so far been subsidised by ...
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Australian regulator sues Google over expanded personal data use Regulator accused Google of misleading consumers to get permission for use of their personal data for targeted advertising, seeking a fine 'in the millions'. SYDNEY — Australia's competition regulator on Monday accused Alphabet's Google of misleading ...
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The end of the jumbo jet era The Queen of the Skies is approaching her abdication. British Airways has announced that its 31 Boeing 747-400s will never fly again. There are still more than 500 747s in service with other airlines, although many are currently grounded ...
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All You Need To Know About Cruise Ship Health & Safety Post-Covid-19 Across the globe, individuals and businesses are learning new ways of life as we all adapt to a post-Covid world. The travel sector is leading the way, though while some river voyages have restarted in Europe, the UK Foreign Office recently issued a ...
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Sizzling sensation: Alibaba, Beyond Meat and Danone rooting for plant-based innovation in China China's alternative meat market has grown from its traditional imitation products to a more modern, realistic and meat-tasting profile powered by innovation – and now some of the industry's biggest names are ploughing in resources to fuel the next wave of ...
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Infosys to digitally transform customer service experience Infosys Ltd has been selected by Consolidated Edison Company (Con Edison), one of the oldest Fortune 500 utility companies serving New York City and its surroundings, to digitally transform its customer service capabilities over the next four years.
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Deal agreed for major oil refinery A deal has been agreed for the acquisition of a long-established oil refinery with an annual production capacity of more than five million tons. Total has signed an agreement to sell the Lindsey refinery in Immingham, as well as its associated logistic assets ...
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Government to boost drug and medical device production to lessen reliance on imports BENGALURU: Union chemicals and fertilizers minister DV Sadananda Gowda on Monday outlined plans to boost local manufacturing in the bulk drugs and medical device industries to reduce India's reliance on imports, particularly from China. The plans ...
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Zenith Report: Global Ad Spends To Shrink 9.1% In 2020, Australia To Take 11% Hit Global advertising expenditure will shrink 9.1 per cent in 2020, according to Zenith's Advertising Expenditure Forecasts, published today. To compare, adspend shrank by 9.5 per cent during 2009's Global Financial Crisis. Highlights of the report include:.
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Global Hypersonic Missiles Market Analysis Highlights the Impact of COVID-19 2020-2024 | Need for Improved ... LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global hypersonic missiles market size and it is poised to grow by USD 101.30 million during 2020-2024, progressing at a CAGR of almost 4% during the forecast period. The report offers an ...
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