Archive for the May 4, 2017
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Apple reported a rise in quarterly profits Tuesday, but its shares took a hit from weaker iPhone sales ahead of a 10-year-anniversary model on the horizon. Apple said its profit climbed 4.9 percent to slightly
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German insurer Allianz said Wednesday that it took a hit on its bottom line in the first quarter but said it was still confident of achieving its target of stable underlying profits for the whole
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German insurer Allianz said Wednesday that it took a hit on its bottom line in the first quarter but said it was still confident of achieving its target of stable underlying profits for the whole
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The prince overseeing Saudi Arabia's economy said his radical reforms were succeeding in protecting the kingdom against low oil prices, and he promised massive investments in coming years to help diversify the economy beyond oil.
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Chinese conglomerate HNA Group has become Deutsche Bank's biggest direct shareholder, upping its stake in the flagship lender of Europe's top economy to just under 10 percent, according to a US regulatory filing. HNA's buy,
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US bank J.P. Morgan will move hundreds of staff from London to Dublin, Frankfurt and Luxembourg as part of their Brexit plans, the firm's head of investment banking said Wednesday. "We are going to use
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A slight decrease in people registered as unemployed in Germany kept the figure at historic lows in April, official data showed Wednesday, as good times persist for Europe's largest economy. The out of work figure
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US companies hired workers at a slower but still-solid pace in April, while the domestic services sector grew more than expected, supporting the notion the economic expansion remains on track despite a weak first quarter,
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Prices in British shops showed the smallest annual decline in nearly three-and-a-half years last month, adding to signs of growing inflation pressure after the Brexit vote caused a fall in the value of the pound,
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A Hong Kong property developer has confirmed the near completion of its almost $1.5 billion purchase of London's "Cheesegrater" tower, as it takes advantage of the pound's slump to snap up addresses in the British
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