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Japan’s Mitsubishi, U.S. partner to invest $1.8 billion in data centres: media

/  21.10.2017  /  Business 

TOKYO (Reuters) – Japanese trading house Mitsubishi Corp plans to set up a joint venture with U.S. data centre operator Digital Realty Trust and build around 10 data centres in Japan by 2022 for 200 billion yen ($1.8 billion), the Nikkei said on Saturday.

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U.S. tax plan hopes lift stocks, dollar strengthens

/  21.10.2017  /  Business 

NEW YORK (Reuters) – World stocks advanced, bond yields rose and the U.S. dollar strengthened on Friday on increased hopes President Donald Trump could make progress on his fiscal plans after the U.S. Senate approved a budget blueprint that paves the way for tax cuts.

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Recent hurricanes take toll on quarterly earnings

/  21.10.2017  /  Business 

SAN FRANCISCO (Reuters) – After raging over the southern United States and Puerto Rico, remnants of hurricanes Harvey, Irma and Maria are now dampening U.S. corporate profits.

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California judge tosses $417 million talc cancer verdict against Johnson & Johnson

/  21.10.2017  /  Business 

(Reuters) – A California judge on Friday threw out a $417 million verdict against Johnson & Johnson in a lawsuit by a woman who claimed she developed ovarian cancer after using its talc-based products like Johnson’s Baby Powder for feminine hygiene.

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Tesla raises borrowing capacity for car leases to $1.1 billion

/  21.10.2017  /  Business 

(Reuters) – Tesla Inc said on Friday it has increased its borrowing capacity for a car lease program to $1.1 billion from $600 million.

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GE vows $20 billion asset sales, ‘sweeping change’ as profit falls

/  21.10.2017  /  Business 

NEW YORK (Reuters) – General Electric Co’s new chief executive vowed on Friday to shed more than $20 billion worth of assets and hold executives accountable for failing to deliver profits after what he called “horrible” results in the third quarter.

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Tesla raises borrowing capacity under warehouse agreements to $1.1 billion

/  21.10.2017  /  Business 

(Reuters) – Tesla Inc said on Friday it has increased its borrowing capacity, related to an agreement, to $1.1 billion as the electric car maker spends heavily to fix production bottlenecks of its new Model 3 sedan.

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Wall Street hits record highs; tax plan hopes fuel optimism

/  21.10.2017  /  Business 

NEW YORK (Reuters) – U.S. stocks hit record closing highs on Friday and the S&P 500 posted a sixth week of gains after the U.S. Senate passed a budget resolution, lifting hopes that President Donald Trump’s tax-cut plan may move forward.

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Stock market’s future in Trump’s hands as Federal Reserve chair pick looms

/  20.10.2017  /  Business 

NEW YORK (Reuters) – Investors awaiting the nomination of the next Federal Reserve chair are hoping whoever is nominated pursues the same monetary policy that has supported rising stock prices for the past nine years.

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Nestle CEO praised by Third Point but hedge fund still wants more

/  20.10.2017  /  Business 

LONDON/BOSTON (Reuters) – Nine months into leading the world’s biggest packaged food company, Nestle SA Chief Executive Mark Schneider got a tentative thumbs-up from a prominent investor, who praised his early steps on Friday but said there was more work to be done.

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