Business
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Audi targets 10 billion euros in cost cuts to fund electric-car push: sources
[ad_1] BERLIN (Reuters) – Audi (NSUG.DE) aims to cut costs by 10 billion euros ($12 billion) by 2022 to help fund a shift to electric cars as it seeks to move on after the emissions…
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Daimler finance arm expects record year after first-half gains
[ad_1] BERLIN (Reuters) – Daimler’s (DAIGn.DE) finance arm said it was heading for another record year after signing nearly one million new leasing and finance contracts between January and June. Daimler Financial Services, which handles…
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Apple says it is removing VPN services from China App Store
[ad_1] BEIJING (Reuters) – Apple Inc (AAPL.O) says it is removing virtual private network (VPN) services from its app store in China, drawing criticism from VPN service providers, who accuse the U.S. tech giant of…
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Benetton family in shortlist to buy Ducati: source
[ad_1] MILAN (Reuters) – Italy’s Benetton family is among five bidders shortlisted to buy Italian motorcycle brand Ducati, which is being sold by Germany’s Volkswagen (VOWG_p.DE), a source close to the matter said on Saturday.…
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Tesla's Musk hands over first Model 3 electric cars to early buyers
[ad_1] FREMONT, Calif. (Reuters) – Tesla Chief Executive Officer Elon Musk said on Friday the Model 3 had over half a million advance reservations as he handed over the first 30 to employee buyers, setting…
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Wells Fargo cuts 69 executive jobs: spokesman
[ad_1] (Reuters) – Wells Fargo & Co (WFC.N) said on Friday it is cutting 69 executive jobs at its retail unit, as part of a restructuring in the division. Some of the executives positions will…
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S&P 500 dented by earnings; Dow hits record high
[ad_1] (Reuters) – The S&P 500 slipped on Friday on negative reactions to earnings reports from high-profile names such as Amazon, Exxon and Starbucks and a drop in shares of tobacco companies. The Dow industrials,…
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Bill Gates ‘spodestato’ da Amazon: è Bezos l’uomo più ricco del mondo
[ad_1] di PIERO CHIMENTI – Jeff Bezos, primo azionista di Amazon, è salito sul gradino più alto nella classifica dei ‘super-ricchi’ togliendo il primato detenuto da molti anni da Bill Gates, fondatore di Microsoft. Bezon,…
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JPMorgan plans cost cuts in Sapphire Reserve card unit: WSJ
[ad_1] (Reuters) – JPMorgan Chase & Co (JPM.N) is pushing for fresh cost cuts of about $200 million in the unit that oversees Sapphire Reserve credit card, the Wall Street Journal reported on Friday. Senior…
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Svimez: Sud cresce più del Nord, ma tornerà ai livelli pre crisi nel 2028
[ad_1] ROMA – Anno positivo il 2016 per il Sud, “il cui Pil è cresciuto dell’1%, più che nel Centro-Nord, dove è stato pari a +0,8%” ma quest’anno il Pil “dovrebbe aumentare dell’1,1% al Sud…
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Asian shares pull back after U.S. techs knocked off highs
[ad_1] TOKYO (Reuters) – Asian stock markets sagged on Friday after U.S. tech shares retreated from recent rallies, though optimism about U.S. corporate earnings and the global economy underpinned overall sentiment. MSCI’s broadest index of…
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Fincantieri, Parigi nazionalizza i cantieri navali Stx
[ad_1] PARIGI – Parigi ha alzato le barricate pubbliche contro le ambizioni di acquisizione del gruppo di cantieristica Stx da parte di Fincantieri. Il ministro dell’Economia e delle Finanze, Brune Le Maire, ha infatti annunciato…
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Trump's 'America First' push not protectionist: UPS CEO
[ad_1] SEATTLE (Reuters) – Republican U.S. President Donald Trump’s efforts to renegotiate or scrap longstanding global trade deals are not protectionist and are more focused on winning better terms for American businesses, the top executive…
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Dieselgate: Volkswagen richiamerà 4 milioni di auto diesel
[ad_1] WOLFSBURG – Volkswagen offrirà ai propri clienti in Europa e altri mercati un programma di aggiornamento per le automobili con motori diesel Eu5 ed Eu6: un’operazione che interesserà 4 milioni di automobili nel mondo…
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Verizon's quarterly revenue beats estimates, subscribers rise
[ad_1] (Reuters) – Verizon Communications Inc (VZ.N) on Thursday reported quarterly revenue that topped expectations as the No. 1 U.S. wireless carrier attracted more subscribers with its unlimited data plan. Shares were up 1.6 percent…
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Facebook shares hit record high as mobile ad sales soar
[ad_1] (Reuters) – Facebook Inc’s mobile advertising business grew by more than 50 percent in the second quarter, the company said in its earnings report on Wednesday, as the social network continued to establish itself…
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U.S. defense companies lift forecasts amid growing security concerns
[ad_1] (Reuters) – Top U.S. weapons makers reported better-than-expected quarterly results and raised their full-year forecasts, buoyed by higher demand for fighter jets and tanks amid heightened security concerns around the world. General Dynamics Corp…
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Fincantieri-Stx, accordo più lontano
[ad_1] ROMA – Non c’è ancora un accordo tra Italia e Francia sulla via di Sant-Nazaire, anzi le tensioni vengono allo scoperto e Roma dice chiaramente di aver dato “ampia disponibilità” ad accogliere le richieste…
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Unicredit: attacco hacker a 400mila utenti
[ad_1] ROMA – UniCredit ha subito un’intrusione informatica ai dati di 400mila clienti italiani relativi solo a prestiti personali. Non sono stati acquisiti dati per l’accesso ai conti o che permettano transazioni non autorizzate. Lo…
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Accorhotels beefs up luxury rental 'onefinestay' brand to fight Airbnb
[ad_1] PARIS (Reuters) – AccorHotels (ACCP.PA) will re-group three of its luxury home-rental divisions under its ‘onefinestay’ brand, as the French hotelier steps up efforts to counter the challenge of Airbnb and other online booking…
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Asia stocks inch up, dollar steadies as investors await Fed clues
[ad_1] TOKYO (Reuters) – Asian stocks edged up early on Wednesday after Wall Street indexes notched record highs, while the dollar was steady as investors awaited the Federal Reserve’s policy decision later in the day…
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Activist investor urges sale of Barnes & Noble
[ad_1] (Reuters) – Activist hedge fund Sandell Asset Management Corp on Tuesday urged Barnes & Noble Inc (BKS.N) to sell itself, saying the struggling U.S. bookstore chain operator could attract media or internet companies seeking…
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Jimmy Choo nelle mani di Michael Kors
[ad_1] di MARIAGRAZIA DI RAIMONDO – L’azienda del lusso Jimi Choo, famosa per le sue scarpe da donna, che ha potuto vantare tra le sue celebri clienti Lady Diana, è stata acquistata per 1,2 mld…
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Telecom: Cattaneo lascia con 25 milioni di euro
[ad_1] di ILEANA CIRULLI – Il Consiglio di amministrazione di Telecom ha approvato “a maggioranza” – con il parere non favorevole dei sindaci – l’accordo per l’uscita di Flavio Cattaneo, con effetto dal 28 luglio.…
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Cautious Fed bets keep dollar glum, stocks strong
[ad_1] LONDON (Reuters) – The dollar sagged to a more than one-year low and European stocks climbed on Tuesday, as investors bet that subdued U.S. inflation and political strains in Washington would limit Federal Reserve…
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'Pharma bro' Shkreli says he will not testify in securities fraud trial
[ad_1] (Reuters) – Martin Shkreli, the pharmaceutical entrepreneur vilified as the “pharma bro” for raising the price of a life-saving drug by 5,000 percent, said on Monday in federal court that he would not testify…
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S&P, Dow lower as J&J drags; Nasdaq hits record
[ad_1] (Reuters) – The S&P 500 and the Dow Jones Industrial Average were pulled lower by losses in Johnson & Johnson in early afternoon trading on Monday, while the Nasdaq hit a record high ahead…
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BMW, VW and Daimler shares skid on EU probe of German carmakers
[ad_1] FRANKFURT (Reuters) – German auto stocks took a hit in early Monday trading, weighed down by uncertainty over possible antitrust fines after European regulators said they were investigating allegations that carmakers were operating a…
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Ebbing risk appetite grounds Asian stocks, dollar sulks as euro strengthens
[ad_1] SINGAPORE (Reuters) – Asian stocks slipped on Monday as demand for riskier assets ebbed after recent strong gains, while the euro’s near-two-year high on the European Central Bank’s seeming lack of concern about its…
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BMW rejects media reports of emissions manipulations
[ad_1] FRANKFURT (Reuters) – German carmaker BMW on Sunday rejected media reports that the emissions treatment systems in its vehicles do not work effectively and that it colluded with rivals on their design. Der Spiegel…
