Articles by admin

Chief merchandising officer of Walmart Inc’s U.S. operations, Steve Bratspies, is set to leave the big-box retailer, according to an internal memo sent on Friday.

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U.S. homebuilding surged to a 13-year high in December as activity increased across the board, suggesting the housing market recovery was back on track amid low mortgage rates, and could help support the longest economic expansion on record.

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U.S. stock indexes nudged higher to fresh record levels on Friday after strong housing data and indications of resilience in the Chinese economy raised hopes of a rebound in global growth.

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Key world equity indexes scaled new highs on Friday as the latest U.S. data – a surge in housing starts to the highest level since 2006 – drove stocks on Wall Street to records and investors away from risk-adverse assets such as the yen.

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Oil prices steadied on Friday as sluggish economic growth in China, the world’s biggest crude importer, raised concerns over fuel demand and countered optimism from the signing of a China-U.S. trade deal.

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Bayer could be close to settling more than 75,000 cancer claims related to its Roundup herbicide, with mediator Ken Feinberg on Friday saying he was “cautiously optimistic that a settlement will ultimately be reached.”

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U.S. television streaming company Netflix has opened a new Paris office and plans to develop more than 20 original French-language productions in 2020, it said on Friday.

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Mexican auto parts manufacturers with clients across North America expect a record year after U.S. approval of a trade deal mandating higher regional inputs, but the new rules pose a bigger challenge to carmakers.

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