Business

(Reuters) – Three of the top four most actively traded U.S. stocks on Monday were all either riding a cryptocurrency-fueled surge, or pulling back from one. FILE PHOTO – A bitcoin (virtual currency) coin placed on Dollar banknotes is seen in this illustration picture, November 6, 2017. REUTERS/Dado Ruvic/Illustration Shares of Digital Power Corp, which
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LONDON (Reuters) – Retailers across Europe chased shoppers on “Black Friday” in a test of consumer demand, particularly in Britain, where the spending spree imported from the U.S. looked set to outdo last year. After last month suffering their biggest decline in sales volumes for four-and-a-half years, British retailers are pinning their hopes on discounts
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PARIS (Reuters) – France’s Chanel has no immediate plans for online sales of its coveted outfits or handbags, a senior executive said on Friday, making it one of the fashion world’s last hold-outs as rivals experiment with websites to win over new clients. FILE PHOTO: A woman walks past a wall with logos of French
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TOKYO (Reuters) – Asian shares hovered below their 10-year peak on Friday while investors viewed Chinese shares with caution after their big fall the previous day. Passersby are reflected in an electronic stock quotation board outside a brokerage in Tokyo, Japan, October 23, 2017. REUTERS/Issei Kato MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS
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BRUSSELS (Reuters) – European Union privacy regulators will discuss ride-hailing app Uber’s [UBER.UL] massive data breach cover-up next week and could create a task-force to coordinate investigations. FILE PHOTO: The Uber logo is seen on mobile telephone in London, Britain, September 25, 2017. REUTERS/Hannah McKay/File Photo Uber faces regulatory scrutiny after CEO Dara Khosrowshahi said
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MELBOURNE (Reuters) – Tesla Inc (TSLA.O) has completed construction of the world’s largest lithium ion battery in Australia, putting it on track to meet a 100-day deadline for switching the battery packs on, the South Australian government said on Thursday. FILE PHOTO – The logo of Tesla is seen in Taipei, Taiwan on August 11,
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WASHINGTON (Reuters) – The head of the Federal Communications Commission on Tuesday proposed that the U.S. agency vote next month to reconsider rules preventing a company from owning stations serving more than 39 percent of households with a television, a move that could speed consolidation in the industry. FILE PHOTO – Federal Communications Commission (FCC)
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SINGAPORE (Reuters) – Oil prices were little changed on Tuesday as the impact from expectations of an extended OPEC-led production cut was canceled out by rising output in the United States. A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson/File Photo Brent crude futures LCOc1, the international benchmark for
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LINCOLN, Nebraska/WASHINGTON (Reuters) – Nebraska regulators will announce their decision on Monday on whether to approve TransCanada Corp’s Keystone XL pipeline route through the state, the last big hurdle for the long-delayed project. FILE PHOTO — A TransCanada Keystone Pipeline pump station operates outside Steele City, Nebraska March 10, 2014. REUTERS/Lane Hickenbottom/File Photo Just days
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NEW YORK (Reuters) – Just in time for the Black Friday kick-off to holiday season shopping, stock market investors have been handed tools to bet on the decline of brick-and-mortar retail. The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., November 17, 2017. REUTERS/Brendan McDermid As of Friday,
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