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Puerto Rico government bank reaches debt deal with some credit unions

The Government Development Bank (GDB) is seen in San Juan, November 30, 2015. Reuters/Alvin Baez/File Photo Puerto Rico’s Government Development Bank said it has reached a deal with credit unions to avoid defaulting on about $33 million of debt due … Continue reading

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Berkshire’s Clayton sees upturn in business despite critics

Berkshire Hathaway CEO Warren Buffett talks to reporters while holding an ice cream at a trade show during the company’s annual meeting in Omaha, Nebraska May 3, 2014. Reuters/Rick Wilking Clayton Homes, the mobile home unit of Warren Buffett’s Berkshire … Continue reading

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US growth worries cloud global stock markets

Europe’s main stock markets were lower, despite official data showing that growth in the eurozone strengthened far beyond expectations in the first quarter, as traders focused on deflation worries across the single currency bloc (AFP Photo/Leon Neal)More Traders dumped retail … Continue reading

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Facebook hit with lawsuit over plan to issue new stock

Facebook CEO Mark Zuckerberg holds a pair of the touch controllers for the Oculus Rift virtual reality headsets on stage during the Facebook F8 conference in San Francisco, California April 12, 2016. Reuters/Stephen Lam A Facebook Inc (FB.O) shareholder filed … Continue reading

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Jean-Marc Janaillac tipped as Air France-KLM CEO: French media

The logo of Air France-KLM is seen during the company’s 2014 First-Half results presentation in Paris July 25, 2014. Reuters/Benoit Tessier The board of Air France-KLM is likely to name Jean-Marc Janaillac as the Franco-Dutch airline group’s next chief executive … Continue reading

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Exclusive: Yahoo’s bidder shortlist points to cash deal -sources

A man walks past a Yahoo logo during the Mobile World Congress in Barcelona, Spain in this February 24, 2016 file photo. Reuters/Albert Gea/Files Yahoo Inc has shortlisted close to 10 bidders in the auction for its core Internet assets, … Continue reading

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Wall Street Week Ahead – With weak earnings in tow, focus turns to jobs data

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 28, 2016. REUTERS/Brendan McDermidMore By Laila Kearney NEW YORK (Reuters) – Coming off a barrage of flimsy company earnings reports that included … Continue reading

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U.S. earnings still lousy, but showing signs of life

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 28, 2016. Reuters/Brendan McDermid As earnings season begins to enter the homestretch, what has shaped up to be a dismal quarter for … Continue reading

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U.S. earnings still lousy, but showing signs of life

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 28, 2016. REUTERS/Brendan McDermidMore By Chuck Mikolajczak NEW YORK (Reuters) – As earnings season begins to enter the homestretch, what has shaped … Continue reading

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Renault board maintains CEO pay deal despite shareholder revolt

Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, attends a round table discussion during Auto China 2016 auto show in Beijing April 25, 2016. Reuters/Kim Kyung-Hoon Renault stuck by its decision to pay Carlos Ghosn 7.2 million euros ($8.2 … Continue reading

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