Agence-France Presse
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China's Alibaba Quarterly Revenue Surges 54% To $ 7.7 Billion
In January the company's billionaire founder Jack Ma met Donald Trump and made a bold pledge to create one million jobs in the US, a move which analysts said was intended to win goodwill and hedge against political risks.
- Friday December 8, 2023
- Author: Agency France Presse
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Tech Weakness Hits Nasdaq, Dow Ends Flat Despite Oil Strength
The Dow Jones Industrial Average added just two points, less than 0.1 percent, to close at 19,123.58, while the broad-based S&P 500 lost 0.3 percent to 2,198.81.
- Friday December 8, 2023
- Author: Agency France Presse
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Nikkei Surges After OPEC Deal, Yen Falls
The dollar, meanwhile, rose to 114.82 yen early Friday, a level unseen since mid-February, before coming off slightly to 114.47 yen.
- Friday December 8, 2023
- Author: Agency France Presse
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Nikkei Falls After Italian PM Quits, Euro Dives To 20-Month Low
In forex markets, the 19-nation euro slumped to $1.0506 in early Tokyo trade, its lowest since March 2015, but it later rebounded to $1.0585.
- Friday December 8, 2023
- Author: Agency France Presse
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Why Trump's Threats May Not Stop Offshoring Of US Jobs
Some companies said Trump's broadside was not sufficient to compel a change in plans.
- Friday December 8, 2023
- Author: Agency France Presse
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SoftBank Shares Soar After Trump Boasts Of $50 Billion Deal
The Tokyo-listed firm jumped more than five percent after the opening bell, hours after the tycoon announced the deal, while wrapping an arm around SoftBank's flamboyant billionaire founder Masayoshi Son.
- Friday December 8, 2023
- Author: Agency France Presse
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Nikkei Trades Flat In Thin Holiday Trade
In early Asian trade, the dollar edged down to 117.29 yen from 117.31 yen in New York late Friday.
- Friday December 8, 2023
- Author: Agency France Presse
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Tokyo Stocks Open Lower, Toshiba Plunges
Tokyo's benchmark Nikkei 225 index edged down 0.07 percent or 13.66 points to 19,382.98 in early trading.
- Friday December 8, 2023
- Author: Agency France Presse
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Tokyo Stocks Open Lower, Toshiba Plunges
Tokyo's benchmark Nikkei 225 index edged down 0.07 percent or 13.66 points to 19,382.98 in early trading.
- Friday December 8, 2023
- Author: Agency France Presse
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Twitter Rolls Out Tool To Curb Online Abuse, Bullying
The move comes as online social networks struggle to balance free speech with intimidation and aggression that make many fearful of speaking freely.
- Friday December 8, 2023
- Author: Agency France Presse
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Facebook Buys Facial Recognition Tech Startup FacioMetrics To Challenge Snapchat
Silicon Valley-based Facebook did not disclose financial terms of the deal to buy FacioMetrics, which was spun out of Carnegie Mellon University in Pennsylvania.
- Friday December 8, 2023
- Author: Agency France Presse
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Nikkei Gains Nearly 0.4% On Weaker Yen
The key Nikkei index ploughed through the psychologically important 18,000 mark and is extending its best levels since early January.
- Friday December 8, 2023
- Author: Agency France Presse
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Novartis Acquires US Pharma Firm Selexys Pharmaceuticals
Selexys specialises in sickle cell disease, an inherited form of anaemia that is most common among people of African descent.
- Friday December 8, 2023
- Author: Agency France Presse
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Royal Bank Of Scotland Fails Stress Test: Bank of England
The BoE, revealing its latest stress tests on Britain'stop seven banks, added that two - Barclays and StandardChartered - also missed key hurdles but had taken steps tostrengthen their capital positions.
- Friday December 8, 2023
- Author: Agency France Presse
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Delayed Possession: How RERA Or New Real Estate Act Can Protect Home Buyers
Under the new law, home buyers' money will have to be deposited in an escrow-like account and can only be used for the property they are investing in -- not to launch the developer's next project.
- Thursday December 7, 2023
- Author: Agency France Presse