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Financial News Stories

Twitter results need to wow to reassure investors

By Abhirup Roy and Supantha Mukherjee (Reuters) – When Twitter Inc reports results on Wednesday, a less than stellar showing could hammer the stock further as a broad selloff in the technology sector has made investors jittery. Twitter’s shares have … Continue reading

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Nomura CEO aims to finally crack U.S. with shift to M&A advisory

By Thomas Wilson and Emi Emoto TOKYO (Reuters) – Nomura Holdings Inc plans a shift in focus in the United States toward client-oriented services from market-based trading, the chief executive said, in its latest attempt to establish a profitable business … Continue reading

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HSBC sued by families of victims in drug money laundering case

(Reuters) – HSBC (HSBA.L) has been sued by the families of U.S. citizens murdered by drug gangs in Mexico, claiming the bank let cartels launder billions of dollars to operate their business. The lawsuit alleges that by participating in the … Continue reading

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HSBC sued by families of victims in drug money laundering case

(Reuters) – HSBC (HSBA.L) has been sued by the families of U.S. citizens murdered by drug gangs in Mexico, claiming the bank let cartels launder billions of dollars to operate their business. The lawsuit alleges that by participating in the … Continue reading

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Cramer: Extreme valuations point to a recession

Jim Cramer likes to look at the market from all perspectives. That means listening to the fears of investors and interpreting what drastic valuations could mean for the future of stocks — not just what the charts like the VIX … Continue reading

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Oil prices rebound from sharp selloff; more volatility expected

By Jacob Gronholt-Pedersen SINGAPORE (Reuters) – Crude oil prices pushed higher on Wednesday after Iran said it was open to cooperation with Saudi Arabia, partly recovering from an 8 percent fall in the previous session led by concerns over demand … Continue reading

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Asia dips amid smoldering banking sector concerns, yen stands tall

By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks dipped early on Wednesday amid smoldering banking sector concerns, particularly banks in Europe, while the safe-haven yen stood atop large gains made overnight. MSCI’s broadest index of Asia-Pacific shares outside Japan edged … Continue reading

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Exclusive: U.S. agency says Google computer can be considered driver

WASHINGTON/DETROIT (Reuters) – U.S. vehicle safety regulators have said the artificial intelligence system piloting a self-driving Google car could be considered the driver under federal law, a major step toward ultimately winning approval for autonomous vehicles on the roads. The … Continue reading

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Rates markets, at odds with Fed, seek clarity from Yellen

By Dan Burns NEW YORK (Reuters) – While Federal Reserve Chair Janet Yellen is the one tasked with delivering a message over the next two days when she speaks to Congress, financial markets are keen to know if she has … Continue reading

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ESPN takes the edge off ‘Star Wars’ success at Disney

By Lehar Maan (Reuters) – A drop in profit at Walt Disney Co’s cable networks unnerved investors despite jumps in overall quarterly income and revenue, driven by the blockbuster release of “Star Wars: The Force Awakens”. Disney shares fell 2.7 … Continue reading

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