Articles by admin

(Reuters) – Wall Street climbed on Monday, boosted by Apple’s sixth straight day of gains and by a surge in oil prices to their highest since 2014.

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MUMBAI/BENGALURU (Reuters) – Walmart is likely to announce its much-anticipated deal to buy a controlling stake in Indian e-commerce player Flipkart before the end of this week, two sources said, in what is likely to be the U.S. retail giant’s biggest acquisition of a business.

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BOSTON (Reuters) – Massachusetts’ gambling regulator on Monday said it will allow Wynn Resorts Ltd to remove founder Steve Wynn’s name from its license for a planned $2.5 billion casino following allegations that Wynn subjected women who worked for him to unwanted sexual advances.

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WASHINGTON (Reuters) – The U.S. Department of Defense resumed accepting F-35 jet deliveries from Lockheed Martin Corp last week after reaching an agreement on who would cover the costs to fix a production error, the Pentagon told Reuters on Monday.

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OSLO (Reuters) – Facebook will double the size of its data center in Sweden’s northern city of Lulea, raising its total investments in the region to about 8.7 billion crowns ($987 million), the company said on Monday.

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WASHINGTON (Reuters) – The U.S. Department of Defense has resumed accepting F-35 jet deliveries from Lockheed Martin Corp after reaching an agreement on who would cover the costs to fix a production error, a Pentagon official said on Monday. The terms of the agreement were not disclosed. The cost of the fix was $119 million, people familiar with the situation had previously told Reuters.

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(Reuters) – Wall Street climbed on Monday, boosted by Apple’s sixth straight day of gains and by a surge in oil prices to their highest levels since 2014.

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PARIS (Reuters) – Telecom Italia (TIM) reappointed Amos Genish as its chief executive on Monday, French media group Vivendi said in a statement.

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OMAHA, Neb. (Reuters) – China’s growing middle class is becoming a bigger force in global tourism. For a case in point, look no further than Nebraska the week of the Berkshire Hathaway Inc annual shareholders’ meeting.

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(Reuters) – Activist investors Carl Icahn and Darwin Deason would consider a bid for Xerox Corp of $40 per share, or a split with Fujifilm that left the company independent, to resolve an ongoing proxy fight, they said in a letter on Monday.

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LOS ANGELES/LONDON (Reuters) – Swiss-based Nestle , the world’s largest food and beverage company, will pay Starbucks Corp $7.15 billion in cash for exclusive rights to sell the U.S. chain’s packaged coffees and teas around the world, tying a premium brand to Nestle’s global distribution muscle.

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(Reuters) – Wall Street rose on Monday as energy stocks were boosted by U.S. crude hitting $70 per barrel for the first time since late 2014, while technology shares were lifted by Apple’s sixth day of gains.

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(Reuters) – Billionaire investor Carl Icahn has sold his stake in American International Group Inc , ending a more than two-year association with one of the largest U.S. property and casualty insurers, according to a person familiar with the matter.

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