Archive for the October 3, 2019
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Hiring by US private employers slowed further in September, suggesting that trade tensions, which have pressured manufacturing, could be spilling over to the labour market. The ADP National Employment Report on Wednesday also showed private
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Microsoft on Wednesday unveiled new Surface tablet devices with twin-screens that open like books, including a notepad-sized version that will put it back in the smartphone game next year. Surface Duo was touted as the
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Russian President Vladimir Putin on Wednesday said Denmark as a "small country" faces pressure to block the controversial Nord Stream 2 gas pipeline but it will be built on another route if necessary. The pipeline
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General Motors on Wednesday reported higher third-quarter US auto sales and lower car inventories as it contends with an auto worker strike now in its third week. The biggest US automaker sold 738,638 autos in
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General Motors on Wednesday reported higher third-quarter US auto sales and lower car inventories as it contends with an auto worker strike now in its third week. The biggest US automaker sold 738,638 autos in
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The World Trade Organization on Wednesday gave Washington the greenlight to slap annual tariffs on $7.5 billion (6.8 billion euros) worth of EU goods in retaliation for the bloc's illegal support of Airbus. The ruling
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Worries about a slowing US economy and the possibility of further interest rate cuts in the wake of weak US manufacturing data kept the dollar pinned down on Wednesday, as investors sought shelter elsewhere. The
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The US dollar rose on Wednesday after disappointing manufacturing data knocked it off two-year highs, while the euro clung to levels above $1.09. US manufacturing contracted at the fastest pace in more than a decade
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The dollar dropped against the euro and yen on Wednesday, in line with falls in equities and Treasury yields, amid worries about global growth following data a day earlier that showed a sharp decline in
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The dollar fell on Tuesday from its highest level in more than two years, undermined by data showing weakness in the US manufacturing sector and a lower-than-expected rise in construction spending. Against the yen, the
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