Stocks - U.S. Futures Fall as Trump Reiterates China Tariff Threats 
Yesterday, 13:27 - U.S. futures tumbled on Wednesday after President Donald Trump repeated threats to increase tariffs against China if the two sides do not reach a trade deal soon. “If we don’t make a deal with China, I’ll just raise the tariffs even higher,” Trump told reporters on Tuesday. His comments spooked investors, who have been sensitive to trade developments. Beijing and Washington are working on a “phase ..
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Zalando defends system of ranking staff like online products
Yesterday, 13:24
BERLIN (Reuters) - Zalando, Europe's biggest online-only fashion retailer, has rejected accusations that a performance management tool that asks employees to give feedback on each other and ranks them accordingly increases stress and infringes privacy. In a study published on Wednesday, the Hans Boeckler Foundation, a research body close to the German trade union federation, said Zalando's Zonar software had damaged the working ..
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Prosus criticizes rival Takeaway bid for Britain's Just Eat
Yesterday, 13:21
AMSTERDAM (Reuters) - Technology company Prosus on Wednesday criticized rival suitor's bid for British food delivery service Just Eat, saying it presents "significant risks" for shareholders. Prosus's broadsides against Takeaway come after a two-week period in which Takeaway's share price has rallied to a point where its all-share offer for Just Eat is nearly level in value to that of Prosus's 4.9 billion pound ..
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Deutsche Telekom to phase out Huawei technology within two years: Wirtschaftswoche
Yesterday, 13:18
FRANKFURT (Reuters) - Deutsche Telekom (DE:DTEGn) will phase out using Huawei technology within the next two years due to ongoing discussions about security concerns, German magazine Wirtschaftswoche reported on Wednesday. Citing company sources, the magazine said that Telekom would replace Huawei components in its core network as part of routine exchanges of these products. Deutsche Telekom had no immediate comment. (The story refiles to fix ..
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Special Report: Ex-workers say U.S. military landlord falsified records to get bonuses
Yesterday, 13:15
By M.B. Pell SAN ANTONIO, Texas (Reuters) - A U.K. company that provides housing to U.S. military families came under official investigation earlier this year, after Reuters disclosed it had faked maintenance records to pocket performance bonuses at an Oklahoma Air Force base. At the time, Balfour Beatty Communities said it strove to correctly report its maintenance work. It blamed any problems on a sole former employee at the Oklahoma base. ..
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Open homes, free rides: the people helping Hong Kong's protesters
Yesterday, 13:12
By Sarah Wu HONG KONG (Reuters) - Mak's children ran to her when they awoke to find a young man sleeping on an inflatable mattress in the middle of their toy room surrounded by a miniature play kitchen, blocks, trains, cars and drums. The legal professional had invited the man, a 21-year-old protester, to stay after he quit his job to devote more time to anti-government demonstrations in Hong Kong and then didn't have enough money to ..
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Factbox: 'To Tim': Trump's tweets to Apple CEO Cook on factories, iPhones
Yesterday, 13:09
(Reuters) - Apple Inc (O:AAPL) Chief Executive Tim Cook will give U.S. President Donald Trump a personal tour of its Texas computer factory on Wednesday, the latest sign of a close relationship between two of America's most powerful men. Cook is seen as unusually deft in his dealings with the U.S. president, especially given Apple's opposition to some administration policies. One reason: Apple has kept production of the high-end Mac ..
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Israeli radar sensor firm Vayyar Imaging raises $109 million
Yesterday, 13:06
TEL AVIV (Reuters) - Vayyar Imaging, an Israeli provider of radar imaging sensor technology, said on Wednesday it raised $109 million in a financing round led by Koch Disruptive Technologies, bringing its total raised to-date to $188 million. Regal Four and all existing investors including Battery Ventures, Bessemer Ventures, ICV, ITI, WRVI Capital and Claltech participated in the round. Vayyar said it will use the funds to enhance its core ..
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Schroders to fully integrate ESG into funds by end-2020
Yesterday, 13:03
LONDON (Reuters) - British asset manager Schroders (L:SDR) said on Wednesday it would fully integrate environmental, social and governance analysis across all of its fund assets by the end of 2020. At the moment, around 230 billion pounds in assets are invested in funds which carry a Schroders 'Sustainability Accreditation' where the investment teams have evidenced the role ESG factors played in their decision-making. Those investments ..
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Top 5 Things to Know in the Market on Wednesday
Yesterday, 12:27 -- China reacted angrily to the Senate's passing of a bill tying trade preferences to observation of Hong Kong's rights, pushing Asian and European stock markets lower overnight. There are earnings updates due early from Lowe's and Target (NYSE:TGT), while Alibaba (NYSE:BABA) has priced the world's biggest stock offering so far this year. Here's what you need to know in financial markets on Wednesday, 20th ..
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Apple, Intel file antitrust case against SoftBank-backed firm over patent practices
Today, 03:09
SAN FRANCISCO (Reuters) - Apple Inc (NASDAQ:AAPL) and Intel Corp (NASDAQ:INTC) on Wednesday filed an antitrust lawsuit against Softbank Group Corp-owned Fortress Investment Group, alleging the firm stockpiled patents to hold up technology companies with lawsuits. The suit follows an earlier case filed by Intel against Fortress in October. Intel withdrew that suit and on Wednesday filed a new version in the U.S. District Court for the Northern ..
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Factbox: How social media services handle political ads
Today, 03:06
By Elizabeth Culliford SAN FRANCISCO (Reuters) - Online platforms including Facebook (NASDAQ:FB) and Alphabet (NASDAQ:GOOGL) Inc's Google face growing pressure to stop carrying political ads that contain false or misleading claims ahead of the U.S. presidential election. In the United States, the Communications Act prevents broadcast stations from rejecting or censoring ads from candidates for federal office once they have accepted ..
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Mexicans sue Walmart over Texas shooting that left victims on both sides of border
Today, 03:03
MEXICO CITY (Reuters) - Ten Mexican citizens have sued Walmart (NYSE:WMT) over the shooting at a store in the U.S. border town of El Paso, Texas, that killed eight Mexicans and left eight more injured, saying that Walmart did not do enough to protect its customers, Mexico said on Wednesday. The suspected gunman told police he was targeting "Mexicans" in the August shooting, which killed 22 people in total. Mexico's Foreign ..
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Oil dips on worries U.S.-China trade deal could slip to next year
Today, 02:09
By Koustav Samanta SINGAPORE (Reuters) - Oil prices retreated on Thursday as a spat over Hong Kong added to worries of a delay in any U.S.-China trade deal, after posting steep gains in the previous session on bullish U.S. crude inventory data. The trade war between the world's two biggest economies has dominated the outlook for future oil demand, and trade experts have warned the completion of a "phase one" U.S.-China trade deal could slip ..
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Google to let sites block personalized ads under California privacy law
Today, 02:06
By Paresh Dave SAN FRANCISCO (Reuters) - Websites and apps using Google's advertising tools will be able to block personalized ads to internet users in California and elsewhere as part of the Alphabet (NASDAQ:GOOGL) Inc unit's effort to help them comply with the state's new privacy law, it told clients this week. The California Consumer Privacy Act (CCPA), which goes into effect on Jan. 1, requires large businesses to let ..
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Apple supplier Japan Display says executive embezzled $5.25 million
Today, 02:03
TOKYO (Reuters) - Japan Display Inc said on Thursday it dismissed an accounting executive last year for embezzling about $5.3 million over four years since the Apple Inc (NASDAQ:AAPL) supplier went public in 2014. JDI said in a statement it had filed a criminal complaint against the former employee and that it was cooperating with police. The embezzlement was first reported by the Asahi newspaper on Thursday. The employee had defrauded the ..
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Asian shares slide as Sino-U.S. spat on Hong Kong clouds trade deal outlook
Today, 01:15
By Hideyuki Sano TOKYO (Reuters) - Global shares slid on Thursday as a fresh row between Washington and Beijing over U.S. bills on Hong Kong could complicate their trade negotiation and delay a "phase one" deal that investors had initially hoped to be inked by now. MSCI's broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) fell 0.16% while Japan's Nikkei (N225) dropped 0.25%. U.S. S&P500 futures (ESc1) dropped 0.2% in ..
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Alibaba to pay banks up to $32.3 million in fees for Hong Kong listing
Today, 01:12
By Scott Murdoch (Reuters) - China's Alibaba (N:BABA) will pay its investment banking syndicate up to $32.3 million for leading its Hong Kong listing which will raise up to $12.9 billion, according to documents filed with U.S. securities regulators. The e-commerce giant employed two co-sponsors, China International Capital Corp (CICC) and Credit Suisse (S:CSGN), to head the deal which has been carried out over the past week. The two lead ..
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Can he 'ride it out'? Pompeo future uncertain after impeachment testimony
Today, 01:09
By Jonathan Landay and Matt Spetalnick WASHINGTON (Reuters) - Testimony on Wednesday that U.S. Secretary of State Mike Pompeo played a more central role than previously known in President Donald Trump’s Ukraine dealings has fueled uncertainty within the administration about the top diplomat's future. Gordon Sondland, the U.S. ambassador to the European Union and a key figure in the Democratic-led impeachment inquiry against Trump, depicted ..
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Yen rises, yuan falls as U.S.-China trade deal this year looks unlikely
Today, 01:06
By Stanley White TOKYO (Reuters) - The yen rose against the dollar on Thursday after sources close to the White House told Reuters that a U.S.-China trade deal is unlikely this year, which spurred demand for safe-haven assets. The yuan eased toward a two-week low in offshore trade as failure to reach a deal to roll back U.S. tariffs would cause a further slowdown in China's economy and complicate efforts to keep growth on track. Some ..
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