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Halliburton revenue jumps 24 percent
Oilfield services provider Halliburton Co’s quarterly revenue jumped 24 percent on Monday as higher oil prices encouraged U.S. oil and gas producers to put more rigs to work.
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Blackstone wins EU approval to buy Thomson Reuters unit
U.S. private equity firm Blackstone Group has secured EU antitrust approval to acquire a majority stake in Thomson Reuters’ Financial and Risk unit, the European Commission said on Monday.
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Oil higher on Middle East, North Sea supply worries
Oil prices rose on Monday on worries over supply after tensions worsened between Iran and the United States, while some offshore workers began a 24-hour strike on three oil and gas platforms in the British North Sea.
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Toymaker Hasbro’s quarterly revenue tops estimates
Toymaker Hasbro Inc topped Wall Street estimates for quarterly revenue on Monday, as the company managed to move past the liquidation of retailer Toys ‘R’ Us.
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Deadly LA market shooting started with domestic feud
Gene Evin Atkins, 28, was booked Sunday on suspicion of murder after an explosion of violence that a relative said may have been brewing for weeks. Melyda Corado, 27, was shot to death Saturday at a Trader Joe’s market in the Silver Lake neighborhood after a gunfight that shattered the store’s glass doors, witnesses said. My world,” her brother, Albert Corado said on Twitter. …read more […]
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3 Tricks Billionaires Use to Make Their Money Work for Them
You don’t necessarily need billions of dollars to invest like a billionaire. …read more […]
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Here's What Retirement Costs the Average American Each Year
How much will you spend in retirement? Here’s a sneak peek at what you might be in for. …read more […]
Business News
SABIC deal lets Saudi Arabia delay Aramco IPO, spend on growth: sources
A proposed reshuffle of state assets would allow Saudi Arabia to delay the listing of national oil giant Aramco until 2020 or beyond while still spending on economic development projects, according to three sources familiar with the matter.
Business News
New Fiat Chrysler boss must deliver Marchionne plan
New Fiat Chrysler boss Mike Manley faces the task of executing his predecessor’s plan to boost production of SUVs and catch up on electric cars to keep the world’s seventh-largest carmaker competitive in the absence of a merger.
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New Fiat Chrysler boss must deliver Marchionne plan
New Fiat Chrysler boss Mike Manley faces the task of executing his predecessor’s plan to boost production of SUVs and catch up on electric cars to keep the world’s seventh-largest carmaker competitive in the absence of a merger. Jeep division head Manley was named on Saturday to succeed Chief Executive Sergio Marchionne, one of the auto industry’s most tenacious and respected leaders, who fell seriously ill after suffering complications following surgery. Marchionne had been due to step down next April, so the market reaction was limited on Monday. …read more […]
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China says it won’t devalue currency to bolster exports
China said on Monday the value of its currency is driven by market forces and that it has no intention to devalue the yuan to help exports, after Washington said it was monitoring the currency’s weakness amid the escalating bilateral trade row.
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I Failed This Retirement Quiz, and You Probably Will Too
See if you can pass this tricky retirement quiz. …read more […]
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Follow This One Tip to Be Financially Successful
This simple change can grow your wealth in no time. …read more […]
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Exclusive: China Huarong trying to recall some loans as cash crunch bites – sources
China’s biggest manager of bad debts is trying to exit early from at least three loans and investments as it wrestles with a liquidity crunch triggered by an anti-corruption probe into its chairman, people with knowledge of the matter said.
Business News
Bond yields rise on BoJ easing talk while stocks slide
Signs that the Bank of Japan could scale back its monetary stimulus faster than expected sent tremors through bond markets on Monday, while European stocks slid as threats of further U.S. tariffs on China drained risk appetite.