Tag Archives: africa

Wall St. higher as bank stocks gain after GDP data

(Reuters) – U.S. stocks were higher in morning trading on Thursday as bank stocks gained after data showed that the domestic economy grew at a faster pace in the fourth-quarter than previously estimated.

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Wall St. higher as bank stocks gain after GDP data

McDonald’s Quarter Pounders to be made with fresh beef

(Reuters) – Fast food giant McDonald’s Corp said on Thursday it would make its Quarter Pounder burgers with fresh beef, prepared when ordered, by mid-2018 in most of its restaurants.

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McDonald’s Quarter Pounders to be made with fresh beef

Volkswagen settles 10 U.S. state diesel claims for $157 million

WASHINGTON (Reuters) – Volkswagen AG said on Thursday it has agreed to pay $157.45 million to settle environmental claims from 10 U.S. states over its excess diesel emissions, as the world’s largest automaker looks to move past the scandal.

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Volkswagen settles 10 U.S. state diesel claims for $157 million

U.S. awards AT&T contract to build wireless network for first responders

(Reuters) – The United States on Thursday awarded a contract to AT&T Inc to build a nationwide wireless broadband network to better equip first responders, years after a federal commission recommended setting up such a system following the 9/11 attacks.

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U.S. awards AT&T contract to build wireless network for first responders

Lululemon shares tumble after disappointing sales forecast

TORONTO (Reuters) – Shares of Lululemon Athletica Inc sank to their lowest in more than a year on Thursday, after the Canadian yogawear apparel maker warned that first-quarter sales would fall.

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Lululemon shares tumble after disappointing sales forecast

Mester sees more Fed hikes as economy rebounds from first quarter

(Reuters) – A Federal Reserve policymaker on Thursday repeated her call for further rate hikes and a trimming of the central bank’s balance sheet later this year, as the U.S. economy is expected to rebound from what looks like a weak first quarter.

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Mester sees more Fed hikes as economy rebounds from first quarter

Linde works council chief says to vote against Praxair merger

MUNICH, Germany (Reuters) – Linde’s works council chief will vote against the German industrial gases group’s planned $65 billion merger with U.S. rival Praxair when it comes up for approval by the supervisory board, he told Reuters on Thursday.

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Linde works council chief says to vote against Praxair merger

Ford hires 400 engineers, mostly in Canada, as cars go high tech

SAN FRANCISCO (Reuters) – Ford Motor Co said on Thursday it was hiring 400 engineers, mostly in Canada, to work on connectivity software and hardware, part of a wider push to meet demand for more connected cars.

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Ford hires 400 engineers, mostly in Canada, as cars go high tech

Fourth-quarter economic growth revised higher, boosted by consumer spending

WASHINGTON (Reuters) – U.S. economic growth slowed less than previously reported in the fourth quarter as robust consumer spending spurred the largest increase in imports in two years.

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Fourth-quarter economic growth revised higher, boosted by consumer spending

After sale to Intel, Mobileye’s founder raises sights on IPO for OrCam

JERUSALEM (Reuters) – With the ink barely dry on the $15 billion sale of his autonomous driving technology firm Mobileye to Intel , inventive Israeli entrepreneur Amnon Shashua now has his sights set on taking another start-up public by the end of next year.

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After sale to Intel, Mobileye’s founder raises sights on IPO for OrCam

German lawmaker warns U.S. exchanges against Deutsche Boerse bids

LONDON (Reuters) – U.S. stock exchanges should not attempt to buy Deutsche Boerse , the German exchange whose bid to merge with its London counterpart has just collapsed, a senior German politician said on Thursday.

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German lawmaker warns U.S. exchanges against Deutsche Boerse bids

U.S. exchanges warned against Deutsche Boerse bid

LONDON (Reuters) – American stock exchanges should not attempt to buy Deutsche Boerse , the German exchange whose bid to merge with its London counterpart has just collapsed, a senior German politician said on Thursday.

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U.S. exchanges warned against Deutsche Boerse bid

Euro dips as price data further dampens ECB hike expectations

LONDON (Reuters) – The euro dipped and bond yields hit multi-week lows on Thursday as easing inflation in Spain and Germany led investors to row back further on expectations of when the European Central Bank might tighten monetary policy.

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Euro dips as price data further dampens ECB hike expectations

Exclusive: Trump’s ‘big data’ consultant to meet Australian government

SYDNEY/SINGAPORE (Reuters) – The big data company credited with helping Donald Trump win the U.S. presidency has registered a company in Australia and plans to meet the country’s ruling conservative Liberal Party next week, according to documents and a government official.

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Exclusive: Trump’s ‘big data’ consultant to meet Australian government