Articles by admin

(Reuters) – United Parcel Service Inc is in talks with at least one U.S. trucking firm to launch an in-home delivery service for large, heavy goods such as couches and treadmills, as the world’s largest package deliverer looks to cash in on one the fastest growing segments of online retail.

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NEW YORK (Reuters) – U.S. mortgage applications fell last week as interest rates on some 30-year fixed-rate home loans reached their highest levels in more than 4-1/2 years, the Mortgage Bankers Association said on Wednesday.

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(Reuters) – Shares of Apple Inc rose 3 percent on Wednesday after the company’s quarterly report and current-quarter iPhone sales forecast calmed investor nerves about a potential slowdown in sales of its flagship product.

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(Reuters) – The S&P and Dow opened slightly lower on Wednesday as caution set in ahead of the Federal Reserve’s decision on monetary policy, while Apple’s 3.6 percent jump after results helped small gains on the tech-heavy Nasdaq.

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(Reuters) – U.S. stock futures gave up earlier gains on Wednesday stemming from Apple’s forecast-beating results, as caution set in ahead of the Federal Reserve’s comments on inflation and monetary policy.

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(Reuters) – Shares of Snap Inc fell 17 percent on Wednesday, a day after the Snapchat owner missed first-quarter user targets and said revenue growth would see a substantial slowdown in the current quarter as backlash over the app’s redesign kept advertisers at bay.

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LONDON (Reuters) – Unilever defended its plan to move its headquarters to the Netherlands at what could be its last London annual general meeting on Wednesday, saying the decision had nothing to do with protectionism or Dutch takeover rules.

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BRUSSELS (Reuters) – European Commission President Jean-Claude Juncker said on Wednesday the European Union will not accept threats in talks with the United States to secure a permanent exemption from U.S. import tariffs on steel and aluminum.

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SEOUL (Reuters) – General Motors’ planned $3.6 billion cash infusion to rescue its South Korean business will be in the form of loans, while Korea Development Bank (KDB) will receive preference shares for its $750 million investment in GM Korea, two sources familiar with the matter said on Wednesday.

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(Reuters) – Chesapeake Energy Corp’s quarterly profit exceeded analysts’ estimates on Wednesday, as it produced more oil and natural gas at higher prices while continuing to lower costs, pulling shares in the company around 3 percent higher.

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(Reuters) – Apple’s forecast-beating results helped U.S. stock futures edge higher on Wednesday, even as investors were wary ahead of the Federal Reserve’s monetary policy decision.

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BRUSSELS (Reuters) – U.S. aerospace and industrial company United Technologies Corp is set to win EU antitrust approval for the largest aerospace deal in history – a $23 billion bid for avionics maker Rockwell Collins, people familiar with the matter said on Wednesday.

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