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  • Asian shares subdued amid lull in trade spat, oil eases into OPEC
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    SYDNEY (Reuters) - Asian shares were subdued on Thursday as a lull in the Sino-U.S. trade tussle helped calm nerves enough for the Nasdaq to reach a record high, while tensions in the oil market grew ahead of an OPEC meeting that may expand crude supply. ... Read more »
  • Volvo Cars CEO says auto tariffs threaten jobs at new U.S. plant
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    BERKELEY COUNTY, South Carolina (Reuters - Chinese-owned Volvo Cars opened a new auto factory in South Carolina on Wednesday as company executives warned that the U.S.-China trade dispute could undermine plans to create up to 4,000 more auto jobs in the heavily Republican state. ... Read more »
  • Boeing says Export-Import Bank vital to U.S. growth
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    (Reuters) - Restoring the U.S. Export-Import Bank's full lending powers is vital to the country's economic growth and to shrinking trade deficits, planemaker Boeing Co said on Wednesday after President Donald Trump nominated Kimberly Reed as the trade bank's president. ... Read more »
  • Exclusive: Toyota, pressed to innovate, is cutting marketing costs to fuel research
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    BEIJING (Reuters) - Toyota has begun slashing costs, starting with sales and marketing, and shifting resources into research that will help it keep up with new competitors, four people familiar with the matter said. ... Read more »
  • Amazon, Berkshire, JPMorgan name Atul Gawande CEO of healthcare venture
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    NEW YORK (Reuters) - Well-regarded surgeon and author Atul Gawande, a critic of his industry's medical practices, will lead the new company being formed by Amazon.com Inc, Berkshire Hathaway Inc and JPMorgan Chase & Co that aims to cut U.S. employee healthcare costs, the companies said on Wednesday. ... Read more »
  • Short-sellers sense an opportunity as China trade tensions brew
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    NEW YORK (Reuters) - Escalating trade tensions between Washington and Beijing may have sent tremors across the U.S. stock market but short-sellers are taking the opportunity to boost bearish bets against U.S. companies exposed to a full-blown trade war. ... Read more »
  • Trump, U.S. lawmakers meet to discuss 'problematic' measure on China's ZTE
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    WASHINGTON (Reuters) - U.S. President Donald Trump and a group of Republicans from the Senate and House of Representatives met at the White House on Wednesday to discuss their disagreement over how to penalize Chinese telecommunications company ZTE Corp. ... Read more »
  • Disney hikes bid for Fox assets to $71.3 billion, tops Comcast
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    (Reuters) - Walt Disney Co raised its bid for the bulk of Twenty-First Century Fox Inc's film and television assets to $71.3 billion on Wednesday, sweetening its deal with cash as it looks to upend Comcast Corp's $65 billion offer. ... Read more »
  • What trade war? FAANGs scale new highs
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    (Reuters) - Four of the five so-called FAANG stocks – Facebook, Alphabet, Amazon and Netflix – surged to all-time highs on Wednesday, with only Apple spoiling a perfect scorecard. ... Read more »
  • Tesla accuses former employee of hacking and transferring data
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    SAN FRANCISCO (Reuters) - Tesla Inc has sued a former employee claiming that he hacked the electric carmaker's trade secrets and transferred large amounts of company data to third parties, according to a lawsuit filed in federal court in Nevada on Wednesday. ... Read more »