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January 18, 2020
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Nokia October warning investigated by local FSA: newspaper report

Reuters
FILE PHOTO: The logo and ticker for Nokia are displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 21, 2018. REUTERS/Brendan McDermid/File Photo (Reuters) – Finland’s Financial Supervisory Authority (FSA) has started an investigation into Nokia’s (NOKIA.HE) sharp profit warning......
Reuters - Business

Shares set fresh records, lifted by U.S. housing data

Reuters
NEW YORK (Reuters) – Key world equity indexes scaled new highs on Friday, boosted by a surge in U.S. housing starts to levels last seen in 2006, while the greenback rose to a one-week high against the euro on expectations of solid economic growth. FILE PHOTO: Traders work on the......
Reuters - Business

Netflix opens Paris office, plans new French-language series

Reuters
PARIS (Reuters) – U.S. television streaming company Netflix has opened a new Paris office and plans to develop more than 20 original French-language productions in 2020, it said on Friday. French Culture Minister Franck Riester, Reed Hastings, co-founder and CEO of Netflix and Paris Mayor Anne Hidalgo attend the inauguration......
Reuters - Business

Oil steadies as Chinese economy offsets trade optimism

Reuters
NEW YORK (Reuters) – Oil prices steadied on Friday as sluggish economic growth in China, the world’s biggest crude importer, raised concerns over fuel demand and countered optimism from the signing of a China-U.S. trade deal. FILE PHOTO: A maze of crude oil pipes and valves pictured during a tour......
Reuters - Business

Boeing addresses new 737 MAX software issue that could keep plane grounded longer

Reuters
FILE PHOTO: A Boeing 737 Max aircraft is seen parked in a storage area at the company’s production facility in Renton, Washington, U.S. January 10, 2020. REUTERS/Lindsey Wasson WASHINGTON (Reuters) – Boeing Co (BA.N) said on Friday it is addressing a new software issue discovered in Iowa last weekend during......
Reuters - Business

Boeing says it is addressing new 737 MAX software issue discovered in technical review

Reuters
FILE PHOTO: A Boeing 737 Max aircraft is seen parked in a storage area at the company’s production facility in Renton, Washington, U.S. January 10, 2020. REUTERS/Lindsey Wasson WASHINGTON (Reuters) – Boeing Co (BA.N) said on Friday it is addressing a new software issue discovered during a technical review of......
Reuters - Business

Wall Street’s trillion-dollar club dwarfs Europe Inc

Reuters
LONDON (Reuters) – With Google parent Alphabet (GOOGL.O) becoming the latest entrant to Wall Street’s trillion-dollar club, Europe’s blue-chip companies are dwarfed by comparison — the most valuable firm from the “old continent”, Nestle, is worth just a third of that. FILE PHOTO: Traders work on the floor at the......
Reuters - Business

Bayer could be close to Roundup settlement, mediator says

Reuters
FILE PHOTO: Logo and flags of Bayer AG are pictured outside a plant of the German pharmaceutical and chemical maker in Wuppertal, Germany August 9, 2019. REUTERS/Wolfgang Rattay (Reuters) – Bayer (BAYGn.DE) could be close to settling more than 75,000 cancer claims related to its Roundup herbicide, with mediator Ken......
Reuters - Business

World shares gain as China data fuels bets on growth

Reuters
LONDON (Reuters) – World shares rose to record highs on Friday, buoyed by Chinese growth figures that suggested the world’s second-biggest economy was stabilizing. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville Riskier assets were in demand......
Reuters - Business

HSBC cutting around 100 staff in equities business: sources

Reuters
FILE PHOTO: People walk past a HSBC signage in Singapore October 8 2019. REUTERS/Feline Lim HONG KONG/LONDON (Reuters) – HSBC (HSBA.L) is cutting around 100 roles in its equities business with the bulk of the layoffs falling on its continental European trading floors, sources familiar with the matter told Reuters.......
Reuters - Business

Bayer close to Roundup settlement, mediator tells Bloomberg

Reuters
FILE PHOTO: Logo and flags of Bayer AG are pictured outside a plant of the German pharmaceutical and chemical maker in Wuppertal, Germany August 9, 2019. REUTERS/Wolfgang Rattay FRANKFURT (Reuters) – Bayer (BAYGn.DE) is close to settling more than 75,000 cancer claims related to its Roundup herbicide, mediator Ken Feinberg......
Reuters - Business

Renault expects slight 2020 car market decline in Europe, Russia and China

Reuters
PARIS (Reuters) – Renault (RENA.PA) said on Friday it expected a slight decline in the car market in Europe, Russia and China this year after the French carmaker reported a 3.4% fall of worldwide sales in 2019 as China and Iran weighed. FILE PHOTO: A Renault Clio E-Tech Hybrid car......
Reuters - Business

World shares up as China data fuels bets on growth

Reuters
LONDON/SHANGHAI (Reuters) – World shares rose to record highs on Friday, buoyed by Chinese data that suggested the world’s second-biggest economy was stabilizing. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville Riskier assets were in demand worldwide......
Reuters - Business

Exclusive: Volkswagen to buy 20% of Chinese battery maker Guoxuan amid electric push – sources

Reuters
HONG KONG/BEIJING (Reuters) – Volkswagen AG (VOWG_p.DE) is set to take a 20% stake in Chinese electric vehicle battery maker Guoxuan High-tech Co Ltd (002074.SZ), two sources told Reuters, as the German firm accelerates its electric push into the world’s largest auto market. FILE PHOTO: A Volkswagen electric ID car......
Reuters - Business

Oil steady ahead of data seen confirming sluggish China growth

Reuters
FILE PHOTO: A maze of crude oil pipes and valves pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S., June 9, 2016. REUTERS/Richard Carson/File Photo TOKYO (Reuters) – Oil prices were steady on Friday as investors braced for data expected to......
Reuters - Business

Asian shares firm after Wall Street records; China GDP awaited

Reuters
SHANGHAI (Reuters) – Asian shares inched higher on Friday after global stock indexes and Wall Street posted more records, with strong corporate earnings and upbeat U.S. economic data adding to optimism after China and the U.S. signed a partial trade deal. FILE PHOTO: A man looks at a board showing......
Reuters - Business

Comcast bets ads work on streaming TV, plans NBC Peacock debut for April

Reuters
NEW YORK (Reuters) – NBCUniversal’s new Peacock streaming service will offer free and $5-per-month options with advertising to try to win customers for its belated entry into the online video wars, the company announced on Thursday. NBCUniversal parent Comcast Corp is betting that viewers who have abandoned traditional pay TV......
Reuters - Business

Comcast bets ads work on streaming TV, plans NBC Peacock debut for April

Reuters
NEW YORK (Reuters) – NBCUniversal’s new Peacock streaming service will offer free and $5-per-month options with advertising to try to win customers for its belated entry into the online video wars, the company announced on Thursday. NBCUniversal parent Comcast Corp is betting that viewers who have abandoned traditional pay TV......
Reuters - Business

Comcast’s Peacock streaming service to offer free and $5- or $10-a-month options

Reuters
NEW YORK (Reuters) – Comcast Corp-owned NBCUniversal’s new Peacock service, its belated entry into the streaming video wars, will offer free and $5-per-month options with advertising, the company announced on Thursday. A peacock is pictured outside NBC headquarters at Rockefeller Center in the Manhattan borough of New York City, New......
Reuters - Business

Dollar gains, stocks scale fresh highs on data, trade deal

Reuters
NEW YORK (Reuters) – The dollar rose while key world and stock indexes on Wall Street scaled new records on Thursday as the U.S.-China trade deal, strong corporate earnings and encouraging U.S. economic data lifted equity markets. Oil rose as the long-awaited Phase 1 trade deal brought some relief to......

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