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OPEC agrees to limit oil output at 32.5 million barrels per day

OPEC agreed on Wednesday to reduce its oil output to 32.5 million bpd from the current production levels of around 33.24 million bpd, two OPEC sources told Reuters. The producing group will agree concrete levels of production by each country … Continue reading

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Apple deepens enterprise push with Deloitte partnership

The Apple Inc. store is seen on the day of the new iPhone 7 smartphone launch in Los Angeles, California, U.S., September 16, 2016. REUTERS/Lucy Nicholson

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Forbes pegs Trump's wealth at $3.7 billion, $800 million less than last year

WASHINGTON (Reuters) – U.S. Republican presidential nominee Donald Trump’s estimated net worth is $3.7 billion (£2.8 billion), $800 million less than a year ago, Forbes magazine reported on Wednesday, attributing the loss largely to New York’s softening real estate market. … Continue reading

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U.S. regulator will recommend banks consider effects before de-risking

U.S. Comptroller of the Currency Thomas Curry looks on during the Reuters Financial Regulation Summit in Washington, May 11, 2015. REUTERS/Carlos Barria

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U.S. to expand rules for 'too-big-to-fail' clearing houses

The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst

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Wall Street drops as healthcare stocks weigh

By Yashaswini Swamynathan REUTERS – U.S. stocks reversed course to trade lower in a choppy market on Wednesday, dragged down by healthcare stocks and as oil prices pared gains. Bristol-Myers and Amgen weighed the most on the S&P 500 healthcare … Continue reading

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Exclusive: Redstone's NAI to call on CBS, Viacom to explore merger – sources

A woman exits the Viacom Inc. headquarters in New York, U.S. on April 30, 2013. REUTERS/Lucas Jackson/File Photo

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Wall Street drops as healthcare stocks weigh

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 27, 2016. REUTERS/Brendan McDermid

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Fed may change stress tests, capital buffers for U.S. banks: Yellen

The Federal Reserve is considering changing the annual stress tests it gives to U.S. banks to see if they can withstand a massive financial crisis, and also using test results to set the capital buffers that banks must maintain to … Continue reading

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Fed may change stress tests, capital buffers for U.S. banks: Yellen

The Federal Reserve is considering changing the annual stress tests it gives to U.S. banks to see if they can withstand a massive financial crisis, and also using test results to set the capital buffers that banks must maintain to … Continue reading

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