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Asian shares slip; German, Korean data hurt risk appetite

Asian shares slipped on Thursday as a surprise deterioration in German and South Korean economic data rekindled fears of slowing global growth, while oil prices pulled back slightly after a sharp run-up earlier in the week.


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Posted 2019/04/25 03:52:16

Muslims flee, Christians grieve in Sri Lankan town torn by violence

As mourners buried the remains of Christian worshippers killed by the Easter Sunday suicide bomb attacks in Sri Lanka, hundreds of Muslim refugees fled Negombo on the country's west coast where communal tensions have flared in recent days.


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Posted 2019/04/25 03:43:55

Ex-Nissan boss Ghosn to walk free, again, after court sets bail at $4.5 million

Former Nissan Motor Co Chairman Carlos Ghosn looked set to walk out of a Japanese detention center for the second time since his arrest last year on financial misconduct charges, after a Tokyo court on Thursday set his bail at $4.5 million.


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Posted 2019/04/25 02:40:40

Facebook beats profit estimates, sets aside $3 billion for privacy penalty

Facebook Inc on Wednesday blew past Wall Street profit estimates in the first quarter and set aside $3 billion to cover a settlement with U.S. regulators, calming investors who had worried about the outcome of a months-long federal probe.


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Posted 2019/04/25 02:18:29

Trump immigration plan may increase visas for highly skilled workers: sources

A merit-based immigration proposal being put together by White House senior adviser Jared Kushner could lead to an increase in U.S. visas for highly skilled workers, sources familiar with the effort said on Wednesday.


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Posted 2019/04/25 02:17:15

U.S. measles cases hit highest level since eradication in 2000

The United States has confirmed 695 measles cases so far this year, the highest level since the country declared it had eliminated the virus in 2000, the U.S. Centers for Disease Control and Prevention said on Wednesday.


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Posted 2019/04/25 00:19:57

Tesla solar installations slide 36 percent in first quarter

Tesla Inc on Wednesday reported a 36 percent slide in solar installations and said it had implemented a new selling strategy months after ending a partnership to sell the rooftop systems in busy Home Depot stores.


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Posted 2019/04/24 23:43:46

Microsoft tops $1 trillion as it predicts more cloud growth

Microsoft Corp on Wednesday briefly topped $1 trillion in value for the first time after executives predicted continued growth for its cloud computing business.


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Posted 2019/04/24 23:11:11

New Trump immigration plan may increase visas for highly-skilled workers

A merit-based immigration proposal being put together by White House senior adviser Jared Kushner could lead to an increase in U.S. visas for highly skilled workers, sources familiar with the effort said on Wednesday.


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Posted 2019/04/24 22:59:34

U.S. measles cases at highest since elimination in 2000: CDC

The United States has confirmed 695 measles cases so far this year, the highest incidence recorded since the country declared it had eliminated the virus in 2000, the U.S. Centers for Disease Control and Prevention said on Wednesday.


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Posted 2019/04/24 22:57:24

Trump says he is holding big Pharma accountable in opioid fight

U.S. President Donald Trump touted progress in the fight against opioid abuse on Wednesday and promised to hold drugmakers accountable for their part in the crisis, a day after his administration brought its first related criminal charges against a major drug distributor and company executives.


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Posted 2019/04/24 22:44:56

Tesla promises return to profit in third quarter after large loss, may raise more capital

Tesla Inc lost $700 million in the first quarter but predicted it would return to profit in the third quarter as it cuts costs and improves delivery after facing issues ramping up shipments outside the United States.


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Posted 2019/04/24 22:35:24

Picture emerges of well-to-do young bombers behind Sri Lankan carnage

Details began to emerge in Sri Lanka on Wednesday of a band of nine, well-educated Islamist suicide bombers, including a woman, from well-to-do families who slaughtered 359 people in Easter Sunday bomb attacks.


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Posted 2019/04/24 22:12:55

Facebook beats profit estimates, sets aside $3 billion for privacy penalty

Facebook Inc on Wednesday blew away Wall Street profit estimates in the first quarter as it kept a lid on the costs of making its social networks safer, and set aside $3 billion to cover a settlement with U.S. regulators, calming investors who had worried about the outcome of a months-long federal probe.


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Posted 2019/04/24 21:35:12

Microsoft gets a boost from Windows as cloud stays on track

Microsoft Corp beat Wall Street estimates for quarterly profit and revenue on Wednesday, powered by a surprise boost in Windows revenue and as growth in its cloud business stayed on track.


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Posted 2019/04/24 21:32:53

Wall Street edges lower, energy stocks fall

The S&P 500 slipped on Wednesday after ending the previous session with a record and the Nasdaq failed to hold all-time highs reached earlier in the day while investors waited for more earnings reports.


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Posted 2019/04/24 20:51:53

Euro falls on weak German business morale, stocks slip

The euro fell against the U.S. dollar on Wednesday after data showed a surprise deterioration in German business morale, raising fears of slowing global growth and weighing on a gauge of world equity markets, including Wall Street.


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Posted 2019/04/24 20:26:01

Boeing abandons outlook, takes $1 billion cost hit in MAX crisis

Boeing Co on Wednesday abandoned its 2019 financial outlook, halted share buybacks and said lowered production due to the grounding of its fastest-selling 737 MAX jet after two fatal plane crashes in five months had cost it at least $1 billion so far.


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Posted 2019/04/24 20:10:11

NRA sues Los Angeles over law requiring disclosure of ties to gun rights group

The National Rifle Association sued Los Angeles on Wednesday over a new law requiring that contractors disclose their ties to the gun rights group as a condition of obtaining business from the second most-populous U.S. city.


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Posted 2019/04/24 19:51:31

Exclusive: Gold worth billions smuggled out of Africa

Billions of dollars' worth of gold is being smuggled out of Africa every year through the United Arab Emirates in the Middle East – a gateway to markets in Europe, the United States and beyond – a Reuters analysis has found.


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Posted 2019/04/24 06:30:25