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  • Asian shares jolted by weak Chinese data, growth risks
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    Asian shares tumbled on Friday after China reported a set of weak data, fanning fresh worries of a sharp slowdown in the world's second-biggest economy and leaving investors fretting over the wider impact of a yet unresolved Sino-U.S. trade dispute. ... Read more »
  • Japan's business mood, capex steady but outlook sours: BOJ tankan
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    Japanese business confidence and capital expenditure plans held steady from three months ago, a closely-watched central bank survey showed, a sign companies weren't significantly worried about escalating trade frictions and global growth concerns. ... Read more »
  • Exclusive: Chinese battery firm halts purchases of cobalt from Glencore - sources
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    Chinese battery firm GEM has stopped buying cobalt from Glencore as the price of the battery material crashed below that agreed in a three-year deal between the two companies, sources close to the matter said. ... Read more »
  • Oil prices edge up on hopes global supplies will tighten
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    Oil prices climbed more than 2 percent on Thursday, after data showed inventory declines in the United States and as investors began to expect that the global oil market could have a deficit sooner than they had previously thought. ... Read more »
  • Nissan board may fail to select new chairman on Monday: Nikkei
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    Nissan Motor Co's board may fail to select a chairman to succeed Carlos Ghosn as had been planned on Dec. 17 after a panel tasked to choose a candidate was unable to agree on a nominee in a meeting held Thursday, the Nikkei reported. ... Read more »
  • New York sues Target, Walmart over lead-contaminated toys
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    Target Corp , Walmart Inc and toy importer LaRose Industries were sued on Thursday over the sale of lead-contaminated children's toys, New York Attorney General Barbara Underwood said. ... Read more »
  • GE's digital unit to sell majority stake in ServiceMax
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    General Electric Co on Thursday said its digital unit would sell a majority stake in ServiceMax, a cloud-based provider of software used in inventory and workforce management, to technology-focused private equity firm Silver Lake. ... Read more »
  • U.S. recession risks jump, Fed rate hike expectations slump: Reuters poll
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    The risk of a U.S. recession in the next two years has risen to 40 percent, according to a Reuters poll of economists who also found a significant shift in expectations toward fewer Federal Reserve interest rate rises next year. ... Read more »
  • Exclusive: France plans Renault CEO hunt as board frays over Ghosn - sources
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    The French government is seeking candidates to replace Renault's embattled boss Carlos Ghosn, sources told Reuters, as board members began to voice doubts about keeping him in office following his indictment in Japan for suspected misconduct. ... Read more »
  • Costco margin dip overshadows sales beat, shares slide
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    Costco Wholesale Corp's gross margins fell in the first quarter, as the warehouse operator paid higher wages, ramped up investments in its online business and cut prices amid intense competition in the grocery industry. ... Read more »