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Britain’s Cobham takes 160 million pounds charge over Boeing dispute

LONDON (Reuters) – British engineer Cobham said on Tuesday it would take an additional exceptional charge of 160 million pounds ($206 million) in relation...

Elliott takes 6.1 percent stake in Dutch Intertrust

AMSTERDAM (Reuters) – Paul Elliott Singer, the hedge fund manager behind activist investor Elliott, has taken a 6.1 percent stake in Dutch trust and...

Goldman Sachs Asia Pacific CEO to retire: Bloomberg

(Reuters) – Goldman Sachs Group Inc’s Chairman and Chief Executive for the Asia-Pacific region excluding Japan, Ken Hitchner, is retiring from the company, Bloomberg...

British supermarkets battle to secure stocks as chaotic Brexit looms

By James Davey and Kate Holton LONDON (Reuters) – Britons could face shortages of fresh food, price rises and less variety if the country leaves...

HSBC’s 2018 profit misses estimates; China weakness poses growth risks

HONG KONG/LONDON (Reuters) – HSBC Holdings Plc posted on Tuesday a 15.9 percent rise in 2018 profit, supported by business growth in its...

Mongolia suspends KFC outlets after hundreds show food poisoning symptoms

ULAANBAATAR (Reuters) – Mongolia has temporarily suspended operations of all KFC restaurants in the country to conduct an inquiry, as 42 people were hospitalized...

Asian shares hover near four-month high, buoyed by trade optimism

By Hideyuki Sano TOKYO (Reuters) – Asian shares hovered near a four-month peak on Tuesday, supported by hopes that Sino-U.S. trade talks were making positive...

U.S. oil prices hit three-month high amid OPEC-led output cuts

SYDNEY (Reuters) – U.S. oil prices hit a three-month high on Tuesday, buoyed by production cuts led by the Organization of the Petroleum Exporting...

Huawei founder says Huawei CFO arrest was politically motivated: BBC

(Reuters) – Huawei founder Ren Zhengfei said on Monday that the arrest of his daughter, Huawei Chief Financial Officer Meng Wanzhou, was politically motivated....

Auto industry lines up against possible U.S. tariffs

By Sarah N. Lynch WASHINGTON (Reuters) – The U.S. auto industry urged President Donald Trump’s administration on Monday not to saddle imported cars and auto...
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