Author Archives: Editor - Business News

Australia's major banks team up to challenge Apple on mobile payments apps

Australia’s three biggest banks, including no. 1 lender National Australia Bank (NAB) (NAB.AX), on Wednesday said they had lodged a joint application with anti-trust regulators seeking approval to collectively negotiate with Apple Inc (AAPL.O) to install their own electronic payments … Continue reading

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State Street to pay $530 million to resolve forex fraud claims

People wait in line at a currency exchange center in midtown Manhattan area of New York July 6, 2015. Reuters/Brendan McDermid Custody bank State Street Corp (STT.N) said it has agreed to resolve all pending litigation and regulatory matters in … Continue reading

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Asian shares edge up on Wall Street lead, pre-Fed nerves limit gains

A man using mobile phone walks past at an electronic board showing Japan’s Nikkei share average outside a brokerage in Tokyo, Japan, July 6, 2016. Reuters/Issei Kato Asian stocks edged up early on Wednesday following a relatively upbeat session overnight … Continue reading

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Asian shares edge up on Wall Street lead, pre-Fed nerves limit gains

A man using mobile phone walks past at an electronic board showing Japan’s Nikkei share average outside a brokerage in Tokyo, Japan, July 6, 2016. Reuters/Issei Kato Asian stocks edged up early on Wednesday following a relatively upbeat session overnight … Continue reading

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Tesla's Musk says master plan will require capital raise

A Tesla logo hang on a building outside of a Tesla dealership in New York, U.S., April 29, 2016. Reuters/Lucas Jackson/File Photo Tesla Motors Inc’s (TSLA.O) “master plan” to broaden the electric vehicle maker’s product line could cost “tens of … Continue reading

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Tesla's Musk says master plan will require capital raise

A Tesla logo hang on a building outside of a Tesla dealership in New York, U.S., April 29, 2016. Reuters/Lucas Jackson/File Photo Tesla Motors Inc’s (TSLA.O) “master plan” to broaden the electric vehicle maker’s product line could cost “tens of … Continue reading

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Volkswagen's $14.7 billion diesel U.S. emissions settlement clears hurdle

The logos of German carmaker Volkswagen is seen at a VW dealership in the Queens borough of New York, September 21, 2015. Reuters/Shannon Stapleton/File Photo Volkswagen AG’s (VOWG_p.DE) $14.7 billion settlement of its U.S. diesel emissions cheating scandal cleared another … Continue reading

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Volkswagen's $14.7 billion diesel U.S. emissions settlement clears hurdle

The logos of German carmaker Volkswagen is seen at a VW dealership in the Queens borough of New York, September 21, 2015. Reuters/Shannon Stapleton/File Photo Volkswagen AG’s (VOWG_p.DE) $14.7 billion settlement of its U.S. diesel emissions cheating scandal cleared another … Continue reading

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Twitter reports slowest quarterly revenue growth since IPO

A 3D-printed logo for Twitter is seen in this picture illustration made in Zenica, Bosnia and Herzegovina on January 26, 2016. Reuters/Dado Ruvic/Illustration/File Photo Twitter Inc reported its slowest growth in quarterly revenue since going public in 2013 as the … Continue reading

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Twitter reports slowest quarterly revenue growth since IPO

A 3D-printed logo for Twitter is seen in this picture illustration made in Zenica, Bosnia and Herzegovina on January 26, 2016. Reuters/Dado Ruvic/Illustration/File Photo Twitter Inc reported its slowest growth in quarterly revenue since going public in 2013 as the … Continue reading

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