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7 months 1 week ago

Japan's corporate image hit by falsification scandal: poll

Almost three-quarters of Japanese firms said the recent data falsification scandal involving KYB Corp , a maker of earthquake shock absorbers, has hurt Japan's corporate image, a Reuters poll found, although few saw any impact on their businesses.

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7 months 1 week ago

Japanese firms see U.S. trade talks boosting exports despite Trump rhetoric

Half of Japanese companies expect new trade talks with Washington to boost their U.S.-bound exports, a Reuters poll found, despite President Donald Trump's intensifying drive to cut the trade gap between the two major economies.

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7 months 1 week ago

U.S. sues UBS, alleges fraud in mortgage securities

The U.S. government on Thursday filed a civil fraud lawsuit accusing UBS Group AG , Switzerland's largest bank, of defrauding investors in its sale of residential mortgage-backed securities leading up to the 2008 global financial crisis.

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7 months 1 week ago

Disney tops profit targets as fans flock to parks, movies

Walt Disney Co reported a quarterly profit that topped Wall Street estimates on Thursday, driven by summer crowds at the company's theme parks and big audiences for Marvel movie "Ant-Man and the Wasp."

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7 months 1 week ago

Tesla names director Denholm to replace Musk as board chair

Tesla Inc has named director Robyn Denholm as board chair, fulfilling a demand by the U.S. Securities and Exchange Commission to strip the job from Elon Musk, the electric car maker's wayward chief executive who has dragged the company through months of turbulence.

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7 months 1 week ago

Disney beats profit targets as fans flock to parks, movies

Walt Disney Co reported a quarterly profit that topped Wall Street estimates on Thursday, driven by summer crowds at the company's theme parks and big audiences for Marvel movie "Ant-Man and the Wasp."

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7 months 1 week ago

Wall Street falls after Fed statement, energy shares tumble

The S&P 500 and Nasdaq closed slightly lower on Thursday after a Federal Reserve statement, and energy stocks were the biggest drag on the S&P as U.S. crude oil prices fell.

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7 months 1 week ago

Equities fall after Fed keeps rates on hold, dollar up

World equity markets declined on Thursday, snapping a seven-session winning streak, with U.S. stocks on the defensive and the dollar strengthening after the Federal Reserve kept interest rates unchanged.

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7 months 1 week ago

Disney beats profit, revenue estimates as consumers flock to parks, movies

Walt Disney Co reported fourth-quarter profit and revenue that beat analysts' estimates, driven by the success of its Marvel sequel "Ant Man and the Wasp" and as more visitors flocked to its theme parks during the summer season.

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7 months 1 week ago

Energy stocks lead S&P 500 lower

The S&P 500 closed lower on Thursday after a Federal Reserve statement, and energy stocks were the biggest drag as U.S. crude oil prices fell.

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