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BUSINESS HEADLINES
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› Asian shares droop, yen gains as Korean tensions rise
TOKYO (Reuters) - Asian shares slumped on Tuesday while the dollar remained off recent highs against the yen against the backdrop of rising tensions on the Korean Peninsula. |
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› Exclusive: SEC hackers accessed authentic data used by companies in tests - sources
WASHINGTON/SAN FRANCISCO (Reuters) - Hackers breached the U.S. Securities and Exchange Commission's computer system last year by taking advantage of companies that used authentic financial data when they were testing the agency's corporate filing system, according to sources familiar with the matter. |
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› Apple shares flirt with correction territory
SAN FRANCISCO (Reuters) - Shares of Apple Inc dipped on Monday and flirted with correction territory following a report that the company had told suppliers to scale back shipments of parts for its upcoming iPhone X. |
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› Tech stocks sell-off deepens fears of shift away from sector
SAN FRANCISCO (Reuters) - Technology stocks including Facebook , Microsoft and Alphabet dropped sharply on Monday, increasing worries that the top-performing sector is falling out of favor as investors look elsewhere for cheaper opportunities. |
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› Top U.S. NAFTA negotiator sees no problem with pace of talks
OTTAWA (Reuters) - The top U.S. negotiator at talks to modernize the NAFTA trade pact on Monday dismissed questions about why his team had so far failed to produce specific proposals on key issues, saying "I don't see a problem." |
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› Fed policymakers clash on outlook for inflation
SYRACUSE, N.Y./GRAND RAPIDS, Mich. (Reuters) - A debate within the Federal Reserve over the outlook for U.S. inflation burst into public view just days after a rate-setting meeting in Washington, with one central banker saying inflation weakness is fading and another suggesting he's nervous it won't. |
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› Boeing opens program office for potential new mid-market jet
LONDON (Reuters) - Boeing Co has opened a program office for a potential new mid-market jet and named a leader for the project, taking it a step closer to deciding whether to launch the new airplane, according to a staff memo. |
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› Uber rival Lyft met London transport officials, documents show
FRANKFURT/LONDON (Reuters) - Lyft, Uber?s closest U.S. rival in the taxi-hailing business, met repeatedly with officials from London's transport regulator over the past year, a sign it may be targeting the city for international expansion. |
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› Nets welcomes $5.3 billion takeover bid by Hellman & Friedman
COPENHAGEN (Reuters) - Payments firm Nets on Monday welcomed a 33.1 billion Danish crown ($5.3 billion) bid from U.S. firm Hellman & Friedman, marking what could be one of the largest European private equity takeovers in recent years. |
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› BlackRock fees in limbo over donation to U.S. presidential candidate
NEW YORK (Reuters) - A senior BlackRock Inc executive made a donation to an unsuccessful U.S. presidential candidate last year, an action that may prohibit the world's largest asset manager from collecting some fees from a state government, a company regulatory filing showed. |
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