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Economic News
Google target of new U.S. antitrust probe by state attorneys general
(Reuters) - More than 30 U.S. state attorneys general are readying an investigation into Alphabet (NASDAQ:GOOGL) Inc's Google for potential…
Australia’s central bank holds rates at 1%
SYDNEY (Reuters) - Australia's central bank left its cash rate at 1% on Tuesday, a widely expected decision as it gauges the impact of cuts…
China’s banks face earnings squeeze due to rate reform, downturn
By Cheng Leng and Engen ThamBEIJING/SHANGHAI (Reuters) - Chinese banks will face pressure on earnings and asset quality in the second…
Huawei plans high-end phone launch under cloud of Android ban
By Kenneth Li and Douglas BusvineNEW YORK/FRANKFURT (Reuters) - Huawei Technologies plans to forge ahead with the launch of new high-end…
China’s central bank chief meets head of Hong Kong monetary authority
BEIJING (Reuters) - China's central bank governor, Yi Gang, met Norman Chan, the chief executive of the Hong Kong Monetary Authority on…
EU agrees to drop restrictions on leasing of crewed planes
WASHINGTON (Reuters) - The United States said on Tuesday it has signed a deal with the European Union, Iceland and Norway in which the…
Top U.S. publishers sue Amazon’s Audible for copyright infringement
(Reuters) - Amazon.com Inc's (O:AMZN) Audible was sued by some of the top U.S. publishers for copyright infringement on Friday, aiming to…
India Inc grows impatient as economy dips and Modi is distracted
By Abhirup Roy and Alexandra UlmerMUMBAI (Reuters) - When Prime Minister Narendra Modi was re-elected in May with a sweeping majority,…
U.S. jobless claims fall in sign of labor market strength
By Jason LangeWASHINGTON (Reuters) - The number of Americans filing applications for unemployment benefits fell sharply last week,…
UK retail sales plunge in August fastest pace since 2008: CBI
LONDON, Aug 22 (Reuters) - British retail sales plunged in August at the fastest pace since December 2008, according to a survey that will…