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Apple apologises after outcry over slowed iPhones

(Reuters) - Facing lawsuits and consumer outrage after it said it slowed older iPhones with flagging batteries, Apple Inc is slashing prices for battery replacements and will change its software to show users whether their phone battery is good.


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Posted 2017/12/29 00:49:07

SoftBank succeeds in tender offer for Uber shares

(Reuters) - A consortium led by SoftBank Group Corp will buy a large number of shares of Uber Technologies Inc [UBER.UL] in a deal that values the ride-services firm at $48 billion, Uber said on Thursday, in a victory for new Chief Executive Dara Khosrowshahi.


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Posted 2017/12/29 00:35:59

Small RBS investors renew push to set up shareholder committee

LONDON (Reuters) - Small investors in Royal Bank of Scotland are launching a second attempt to force the state-backed lender to set up a shareholder committee to improve corporate governance after a first bid failed earlier this year.


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Posted 2017/12/29 00:10:16

VW to try to block emissions audit in constitutional court

FRANKFURT (Reuters) - Volkswagen AG said on Thursday it would petition Germany's constitutional court in an effort to overturn the appointment of a special auditor to investigate the actions of management in the "Dieselgate" emissions scandal.


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Posted 2017/12/28 22:40:26

SoftBank tender for Uber stake succeeds - WSJ

(Reuters) - A consortium led by SoftBank Group Corp will go ahead with the purchase of a major stake in Uber Technologies Inc [UBER.UL] after existing investors in the ride services company agreed to sell shares at a price that values the startup at $48 billion, the Wall Street Journal reported on Thursday.


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Posted 2017/12/28 18:37:15

Italian president dissolves parliament ahead of election

ROME (Reuters) - Italian President Sergio Mattarella on Thursday dissolved parliament ahead of an election which is expected to produce a period of instability in the euro zone's third largest economy.


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Posted 2017/12/28 18:26:09

Miners help FTSE 100 stay at record levels

LONDON (Reuters) - Britain's top share index steadied at record highs on Thursday as mining stocks rallied, though strength in the pound capped gains.


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Posted 2017/12/28 17:18:29

Apple, Epson face French legal complaints over allegedly shortening life of products

PARIS (Reuters) - Smartphone maker Apple and Japanese printer company Epson are facing legal complaints in France over allegedly speeding up the ageing process of their products to stimulate demand.


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Posted 2017/12/28 16:56:44

Miners help FTSE 100 hold below record high

LONDON (Reuters) - Britain's top share index steadied below a record high on Thursday as mining stocks rallied, though strength in the pound capped gains.


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Posted 2017/12/28 14:51:01

Italy PM meets president ahead of dissolution of parliament

ROME (Reuters) - Italian Prime Minister Paolo Gentiloni was meeting President Sergio Mattarella on Thursday in the first formal step ahead of the dissolution of parliament which is necessary before an election can be called, a government source told Reuters.


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Posted 2017/12/28 14:34:09

Reuters reporters held in Myanmar were handed papers, then arrested - families

YANGON (Reuters) - Family members of two Reuters reporters detained in Myanmar said on Thursday the pair had told them they were arrested almost immediately after being handed some documents by policemen they had gone to meet.


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Posted 2017/12/28 14:31:06

Airbus seals $5.4 billion AerCap order for 50 A320neo planes

PARIS (Reuters) - European planemaker Airbus sealed on Thursday a formal order from AerCap for 50 Airbus A320neo planes, in a deal worth an estimated $5.4 billion (4.02 billion pounds) at list prices.


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Posted 2017/12/28 14:26:13

UK mortgage approvals hit 15-month low in November - UK Finance

LONDON (Reuters) - British banks approved the fewest mortgages in 15 months in November, when the Bank of England raised interest rates for the first time in more than a decade, industry figures showed on Thursday.


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Posted 2017/12/28 09:54:25

UK firms see fourth-quarter pickup, expect slowdown in early 2018 - CBI

LONDON (Reuters) - British businesses reported a pickup in growth in the three months to December but they expect a slowdown in early 2018 as high inflation takes its toll on households, the Confederation of British Industry said on Thursday.


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Posted 2017/12/28 09:45:47

Putin says St Petersburg supermarket bombing was terrorism

MOSCOW (Reuters) - Russian President Vladimir Putin said a bomb blast in a St Petersburg supermarket on Wednesday was an act of terrorism, and that security forces whose lives were threatened by terrorist suspects should shoot to kill if necessary.


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Posted 2017/12/28 09:28:39

Blast at Afghan news agency in Kabul kills dozens

KABUL (Reuters) - A suicide attack on an office of the Afghan Voice news agency and a neighbouring Shi'ite cultural centre in the capital Kabul killed dozens on Thursday, officials and witnesses said, with many of the victims students attending a conference.


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Posted 2017/12/28 09:21:10

Cook double-century puts England in command

MELBOURNE (Reuters) - Alastair Cook struck a masterful, unbeaten double-century to drive England into a position of dominance on 491 for nine at the end of day three of the fourth Ashes test on Thursday.


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Posted 2017/12/28 09:12:07

Exclusive - Apple and Amazon in talks to set up in Saudi Arabia: sources

RIYADH (Reuters) - Apple and Amazon are in licensing discussions with Riyadh on investing in Saudi Arabia, two sources told Reuters, part of Crown Prince Mohammed bin Salman's push to give the conservative kingdom a high-tech look.


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Posted 2017/12/28 09:04:08

South Korea prosecutors seek 12 years jail for Samsung heir Lee in corruption case

SEOUL (Reuters) - South Korean prosecutors sought a 12-year jail term on Wednesday for Samsung Electronics Vice Chairman Jay Y. Lee, in a corruption case that led to the ouster of the nation's president earlier this year.


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Posted 2017/12/27 19:19:59

Liverpool agree world record deal to sign Van Dijk from Southampton

(Reuters) - Liverpool have agreed to sign Netherlands international Virgil van Dijk from Southampton for a reported world record fee for a defender, the Premier League clubs announced on Wednesday.


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Posted 2017/12/27 19:19:31