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article FILE PHOTO – John C. Williams, President and CEO of the Federal Reserve Bank of San Francisco. REUTERS/Lucy Nicholson/File Photo (Reuters) A significant global trade war would have very negative economic effects though it is still too soon to say if such a conflict will arise, San Francisco Federal Reserve […]

article Oil prices dipped early on Monday as a rising U.S. rig count pointed to further increases in the country’s output, underlining one of only a few factors holding back crude markets in an otherwise bullish environment. Continue Reading Below Brent crude oil futures were at $73.87 per barrel at […]

article Visitors pass in front of the Chinese telecoms equipment group ZTE Corp booth at the Mobile World Congress in Barcelona, Spain, February 26, 2018. REUTERS/Sergio Perez (Reuters) NEW YORK (Reuters) – The U.S. Commerce Department has granted ZTE Corp’s. request to submit more evidence after the agency banned American […]

article FILE PHOTO: The Verizon logo is seen on the side of a truck in New York City, U.S., October 13, 2016. REUTERS/Brendan McDermid (Reuters) WASHINGTON (Reuters) – A telecommunications standards organization – GSMA – said on Saturday it is delaying implementation of a new cellphone technology due to a […]

article Oil prices held firm on Friday near three-year highs reached earlier this week as ongoing OPEC-led supply cuts as well as strong demand gradually draw down excess supplies. Continue Reading Below Brent crude oil futures were at $73.79 per barrel at 0440 GMT, up 1 cent from their last […]

article (REUTERS/Suzanne Plunkett/File Photo) Japan’s Takeda Pharmaceutical shares fell on Friday after rare disease drug maker Shire rejected its $63 billion cash-and-stock acquisition offer Continue Reading Below Shire said it had received three conditional proposals from Takeda, but said they significantly undervalued the company’s growth prospects and drugs in development. […]

article Oil prices rose on Thursday to their highest since the end of 2014 as U.S. crude inventories declined and as top exporter Saudi Arabia pushes for higher prices by continuing to withhold supplies. Continue Reading Below Brent crude oil futures rose to as much as $74.02 a barrel, the […]

article REUTERS/Chris Helgren – RC14185AA8E0 International Business Machines posted profit margins that fell short of Wall Street expectations on Tuesday, a sign that its reinvention was taking time. Continue Reading Below Shares of the technology company fell 6 percent in after-hours trade even as it reported the second quarter of […]

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