Reuters

  • TMUNICH - ProSiebenSat.1 Media believes that price increases by U.S. streaming giant Netflix could ease competitive pressures on the German group’s core TV business and is bullish on growth at its e-commerce arm, CEO Max Conze said. Conze took the helm at the Munich-based broadcaster last June ...

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  • TROME - Telecom Italia (TIM) has suffered a setback in its plan to assuage pressures for a separation of its prized network assets by placing them into a wholly owned subsidiary, as the industry regulator said it was opposed to the proposal. TIM has been under pressure for years from Italian ...

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  • TTOKYO - Toyota Motor Corp and Panasonic Corp are set to launch a joint venture next year to produce batteries for electric vehicles (EV) in an effort to compete with Chinese rivals, a source familiar with the matter said.The joint venture, to be owned 51 percent by Toyota and the rest by Panasonic, ...

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  • TPARIS - The European Union must approve the tie-up between Germany’s Siemens and French group Alstom, said French Finance Minister Bruno Le Maire, who added he would meet a main European regulator to express his support for the deal. Le Maire told France’s Journal du Dimanche newspaper ...

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  • TPARIS - The United States is increasingly aware of the importance of protecting its Kurdish allies even as it withdraws from Syria, French defense minister Florence Parly said on Sunday. U.S. President Donald Trump said in December that Washington would withdraw the roughly 2,000 U.S. troops it has ...

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  • TBERLIN-Fears that robots will eliminate your job are unfounded with a growing number of employers planning to increase or maintain headcount as a result of automation, staffing company Manpower Group said in a survey. The “Humans Wanted: Robots Need You” report surveyed 19,000 employers ...

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  • TPARIS - In Tehran on Jan. 8 during a meeting with European envoys, Iranian officials abruptly stood up, walked out and slammed the door in an extraordinary break with protocol. The French, British, German, Danish, Dutch, and Belgian diplomats in the Iranian foreign ministry room had incensed the ...

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  • TJAKARTA - Abu Bakar Bashir, the radical Muslim cleric and alleged mastermind of the 2002 Bali bombings, will be granted early release from jail on humanitarian grounds, Indonesia’s president said on Friday. Bashir, 81, who is considered the spiritual leader of the Islamist group Jemaah ...

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  • TBERLIN - The United States has warned German companies involved in the Russian-led Nord Stream 2 gas pipeline that they could face sanctions if they stick with the project. U.S. President Donald Trump has accused Germany of being a “captive” of Moscow because of its reliance on Russian ...

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  • T LONDON : Oil prices rose slightly on Friday, putting them on track for solid weekly gains after financial markets strengthened due to hopes the United States and China may soon resolve their trade dispute. Tightened supply following OPEC-led crude production cuts aided gains, along with positive ...

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  • TMELBOURNE - Novak Djokovic and Roger Federer loom over Melbourne Park for the year’s opening Grand Slam as favourites for the Australian Open as questions remain as to whether one of Generation Next could finally end their stranglehold. The Serbian world number one and his Swiss opponent ...

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  • TBEIJING - China has the “good faith” to work with the United States to resolve trade frictions, the Foreign Ministry said on Monday, as the world’s two largest economies resumed talks in a bid to end their trade dispute. U.S. officials are meeting their counterparts in Beijing ...

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  • TWASHINGTON/BEIJING - President Donald Trump on Friday downplayed a revenue warning from Apple Inc that cited slowing sales in China and said China’s weakening economic growth puts the United States in a strong position as negotiators from the world’s two largest economies prepare for ...

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  • TLONDON - All countries that were granted waivers from the United States to continue buying a certain amount of Iranian oil imports are complying with U.S. sanctions, a senior Iranian energy official said, noting that Tehran was hopeful to find new buyers. The United States withdrew from a nuclear ...

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  • TLONDON - Oil rose to around $57 a barrel on Friday after China said it would hold trade talks with the United States and a survey showed China’s services sector expanded in December, while signs of lower crude supply also lent support. The Organization of the Petroleum Exporting Countries cut ...

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  • TWASHINGTON - US employers hired the most workers in 10 months in December while boosting wages, which could help to allay a recent upsurge in fears about the economy’s health that has roiled financial markets. The upbeat employment report from the Labor Department on Friday stood in stark ...

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  • TCHICAGO  -   The U.S.-China trade war resulted in billions of dollars of losses for both sides in 2018, hitting industries including autos, technology - and above all, agriculture. Broad pain from trade tariffs outlined by several economists shows that, while specialized industries ...

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  • TTOKYO - Asian stock markets retreated again on Wednesday, extending a rout that began last week as U.S. political uncertainty exacerbated worries over slowing global economic growth. Investors were unnerved by the U.S. federal government partial shutdown and President Donald Trump’s hostile ...

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  • TTOKYO - Mitsubishi UFJ Financial Group (8306.T) is set to name Kanetsugu Mike, the head of its banking unit, as president, a source with direct knowledge of the matter said on Tuesday. Current President Nobuyuki Hirano will become chairman while Mike will also continue to serve as CEO of the ...

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  • TMILAN - Italy’s Banca Carige (CRGI.MI) has discussed with European Central Bank supervisors the rejection of a cash call needed to safeguard the troubled Italian lender’s future, a source familiar with the matter said on Monday. The fate of the Genoa-based bank is in question after its ...

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  • TLONDON - Euronext (ENX.PA) does not need to raise debt or capital and will use cash to finance the 625 million-euro (563.73 million pounds)acquisition of the owner of the Oslo stock exchange, the CEO of the Pan-European bourses operator said on Monday. Euronext, which operates bourses in Paris, ...

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  • TBEIJING - China issued on Tuesday a so-called “negative” list that specifies industries where investors, domestic or foreign, are either restricted or prohibited, as part of efforts to standardize market entry rules for all players.  Of the 151 sectors on the list, four are ...

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  • TTOKYO - The dollar fell against the safe-haven yen and Swiss franc on Tuesday as investors cut their exposure to riskier assets amid the partial U.S. government shutdown and signs of confrontation between the White House and the Federal Reserve. The dollar fell 0.39 percent to 110.00 yen, its ...

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  • TLONDON - A gauge of stocks worldwide posted an eighth straight decline on Monday as investors ignored Trump administration attempts to reinforce confidence and the U.S. president called the Federal Reserve the “only problem our economy has.” Investors, also facing the likelihood of a ...

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  • TNEW YORK - Oil prices plunged more than 6 percent to the lowest level in more than a year on Monday, pulling back sharply late in the session as fears of an economic slowdown rattled the market. U.S. crude futures CLc1 and global benchmark Brent LCOc1 hit their lowest levels since 2017 during the ...

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  • TSHANGHAI/BEIJING - China will not resort to “flood-like” stimulus in monetary policy next year, although it will consider more cuts as needed to reserves held at commercial banks, local media quoted a central bank adviser as saying in a report on Tuesday. The Chinese economy will face ...

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  • TJOHANNESBURG - South African power utility Eskom will reduce its executive management to 10 from 21, it said internal memo seen by Reuters, part of cash-strapped company to reduce its wage bill. “It is crucial that we set ourselves up for the future, and I believe that the steps we’ve ...

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  • TMILAN - The Italian government won a grueling vote of confidence on its 2019 budget in the upper house in the early hours of Sunday, as it races to get the package approved before a year-end deadline. The budget now has to be approved by the lower house of parliament by Dec 31 so it can take effect ...

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  • TKUWAIT - If an agreed cut in oil output by 1.2 million barrels per day is not enough to balance the market, OPEC and allied producers will hold an extraordinary meeting and do what is necessary, the United Arab Emirates energy minister said on Sunday. Extending the output agreement signed in early ...

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  • TBEIJING - China and the United States held a vice ministerial-level call, the second such contact in a week, achieving a “deep exchange of views” on trade imbalances and the protection of intellectual property, the Chinese Ministry of Commerce said. A statement posted on the ...

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