Business
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New life in U.S. housing market not evident in big bank results
[ad_1] (Reuters) – The U.S. housing sector has seen prices, sales and financing applications soar lately as more buyers entered the market for the first time, but those trends were hard to see in big…
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Trump vows to protect 'Made in America' products
[ad_1] WASHINGTON (Reuters) – President Donald Trump promised on Monday he would take more legal and regulatory steps during the next six months to protect American manufacturers, lashing out against trade deals and trade practices…
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Dal 2037 auto senza volante: parola di Elon Musk
[ad_1] di PIERO CHIMENTI – L’amministratore delegato di Tesla, Elon Musk, ha rilanciato una novità che rivoluzionerà il concetto di auto nei prossimi anni. Il dirigente automobilistico, parlando all’associazione nazionale dei governatori Usa, ha indicato…
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Trian launches public fight to add Peltz to P&G's board
[ad_1] (Reuters) – Trian Fund Management LP said on Monday it was seeking a seat for its billionaire chief executive on Procter & Gamble Co’s (PG.N) board, as it looks to push the company to…
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Oil prices rise on strong China demand, signs of U.S. output slowdown
[ad_1] SINGAPORE (Reuters) – Oil prices rose on Monday, supported by a slowdown in the growth of rigs looking for crude in the United States and because of strong refinery demand from China. Brent crude…
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Whirlpool could gain 35 percent in the next year: Barron's
[ad_1] (Reuters) – Home appliance maker Whirlpool is a bargain at $192 a share and could jump as much as 35 percent to $260 a share in the next year, according to a fund manager…
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Fca richiama 1,3 mln di Dodge, Chrysler e Jeep
[ad_1] ROMA – Il gruppo italo americano Fiat Chrysler Automobiles ha annunciato un richiamo volontario di oltre un milione di Dodge, Chrysler e Jeep negli Usa. I veicoli colpiti hanno un servosterzo elettroidraulico (EHPS) e…
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Doha mall's $1 billion-plus loan refinancing frozen amid Qatar boycott: sources
[ad_1] DUBAI/DOHA (Reuters) – The refinancing of a $1 billion loan by Doha Festival City, a retail and hospitality complex in Qatar, has been indefinitely postponed as a diplomatic crisis deters regional banks from doing…
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Ex-Wells Fargo trader wins appeal in SEC insider trading case
[ad_1] (Reuters) – The U.S. Securities and Exchange Commission has affirmed the dismissal of an administrative case against a former Wells Fargo & Co (WFC.N) trader after two commissioners split on whether the evidence proved…
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Austrian lawmaker files charges against Daimler over Eurofighter
[ad_1] VIENNA (Reuters) – Austrian Green party lawmaker Peter Pilz has filed a complaint with Vienna prosecutors against Daimler (DAIGn.DE), alleging deception and serious fraud linked to business deals that accompanied the country’s 2003 purchase…
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Exclusive: Toyota made UK investment decision after Brexit reassurances – sources
[ad_1] LONDON (Reuters) – The British government helped to secure a more than 240-million ($310 million) pound investment from Toyota in its English plant with a letter reassuring the Japanese carmaker over post-Brexit trading arrangements,…
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Housing stocks may not be on terra firma
[ad_1] (Reuters) – Investors may have overbuilt U.S. housing stocks as data has yet to match up with the homebuilder sector’s biggest rally in five years. The S&P 1500 Homebuilding index .SPCOMHOME of homebuilder companies…
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AstraZeneca offers no comment after report saying CEO staying
[ad_1] LONDON (Reuters) – Anglo-Swedish pharmaceutical firm AstraZeneca (AZN.L) declined to comment on speculation about the future of its chief executive Pascal Soriot on Friday, after a report quoted Bloomberg news agency saying he would…
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JPMorgan reports 13 percent rise in quarterly profit
[ad_1] (Reuters) – JPMorgan Chase & Co, the biggest U.S. bank by assets, reported a 13.4 percent increase in quarterly profit on Friday as gains from higher interest rates more than offset a drop in…
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Cautious Fed lifts stocks to record high, investors eye earnings boost
[ad_1] SINGAPORE (Reuters) – Global stocks scaled record highs on Friday, with Asian equities rising for the fifth straight session, as signs the Federal Reserve will pursue a gradual rate tightening path and hopes of…
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Yellen says 3 percent U.S. growth 'quite challenging' in coming years
[ad_1] WASHINGTON (Reuters) – It would be “quite challenging” for the United States to reach the 3 percent growth target set by President Donald Trump, Federal Reserve Chair Janet Yellen told a Senate panel on…
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Istat choc: quasi 5 milioni di persone in povertà assoluta
[ad_1] ROMA – Incalza la crisi in Italia. Nel 2016 Istat stima siano 1 milione e 619mila le famiglie residenti in condizione di povertà assoluta, nelle quali vivono 4 milioni e 742 mila individui. Rispetto…
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Shares, bonds rally as markets count on cautious Fed
[ad_1] LONDON (Reuters) – World shares hit their fourth all-time high in less than a month on Thursday as investors wagered policy tightening in the United States would be glacial at best, lifting Wall Street…
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Exclusive: Russia appears to deliver more turbines to Crimea – Reuters witnesses
[ad_1] FEODOSIA, Crimea (Reuters) – Two more gas turbines appear to have been delivered to Russian-controlled Crimea, according to two Reuters reporters who saw the equipment at the port of Feodosia, potentially deepening a row…
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SEC Chairman signals plans to scale back corporate disclosure rules
[ad_1] (Reuters) – Wall Street’s top U.S. regulator on Wednesday signaled support for potentially scaling back the scope and breadth of disclosure rules and compliance costs imposed on public companies, in an effort to entice…
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Exclusive: Saudis to cut August oil exports to lowest level this year – source
[ad_1] By Rania El Gamal | DUBAI DUBAI Saudi Arabia will cut crude oil shipments to its customers in August by more than 600,000 barrels per day to balance the rise in domestic consumption during…
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Asian shares shrug off Trump controversy, look to Yellen
[ad_1] TOKYO (Reuters) – Asian shares steadied on Wednesday after Wall Street managed to weather a fresh twist in the political controversy surrounding U.S. President Donald Trump’s administration, while investors looked ahead to Federal Reserve…
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U.S. says 2.7 million additional Takata inflators to be recalled
[ad_1] WASHINGTON The U.S. National Highway Traffic Safety Administration said Tuesday that new testing is prompting Takata Corp (7312.T) to declare 2.7 million air bag inflators defective in Ford Motor Co (F.N), Nissan Motor Co…
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Bonds and emerging market currencies' selloff resumes
[ad_1] LONDON The dollar hit a four-month high against the yen and bonds and top emerging market currencies were back under pressure on Tuesday, on bets for higher interest rates in a small but growing…
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Elon Musk tweets photos of first Tesla Model 3 to roll off the line
[ad_1] Tesla Inc (TSLA.O) Chief Executive Elon Musk on Sunday tweeted pictures of the first Model 3 sedan to roll off the assembly line. Tesla board member Ira Ehrenpreis was the first to put down…
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U.S. judge to name Feinberg as Fiat Chrysler diesel settlement master
[ad_1] By David Shepardson | WASHINGTON WASHINGTON A U.S. judge overseeing lawsuits against Fiat Chrysler Automobiles NV (FCHA.MI) over its alleged excess diesel emissions said he intends to name well-known compensation expert Ken Feinberg to…
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Jawbone's demise a case of 'death by overfunding' in Silicon Valley
[ad_1] By Heather Somerville | SAN FRANCISCO SAN FRANCISCO Consumer electronics company Jawbone had more than enough money to take on Fitbit and other health-tracking devices in the “wearables” market. That may have ended up…
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Asian stocks follow Wall Street higher after US jobs data beats forecasts
[ad_1] By Nichola Saminather | SINGAPORE SINGAPORE Asian stocks rallied on Monday, lifted by Wall Street’s strong performance late last week, while the U.S. dollar extended gains made after much stronger than expected June employment…
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VW bosses told costs of emissions saga a month before disclosure: report
[ad_1] FRANKFURT A Volkswagen (VOWG_p.DE) manager told the then chief executive and other managers that the carmaker’s diesel emissions cheating could cost up to $18.5 billion almost a month before investors were informed, German newspaper…
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Lupin sets off down Indian pharma's long road to redemption
[ad_1] By Zeba Siddiqui | GOA, India GOA, India In 28 years in India’s pharmaceuticals sector, Rajiv Desai has never been busier. Most of the last six months on his desk calendar is marked green,…