Business

FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2019. REUTERS/Brendan McDermid NEW YORK (Reuters) – A tech rally led by Apple Inc pushed Wall Street higher on Thursday as jitters over the Federal Reserve’s forecast of an economic slowdown were calmed by upbeat
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ADDIS ABABA/JAKARTA/WASHINGTON (Reuters) – Boeing Co faced growing pressure in Washington on Wednesday as U.S. lawmakers called for executives to testify about two crashed 737 MAX jets while the world’s biggest planemaker worked on returning the grounded fleet to the skies. Ethiopian Red Cross workers carry a body bag with the remains of Ethiopian Airlines
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BEIJING (Reuters) – Chinese streaming firm Tencent Music Entertainment Group delivered its first earnings report as a public company, meeting market expectations but exposing soaring license and content production costs which pulled its shares down 6 percent. Tencent Music Entertainment company is seen officially listed on the floor of the New York Stock Exchange (NYSE)
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The first Boeing 737 MAX 7 is unveiled in Renton, Washington, U.S. February 5, 2018. REUTERS/Jason Redmond (Reuters) – Boeing Co’s safety analysis of a new flight control system on 737 MAX jets had several crucial flaws, the Seattle Times reported on Sunday. Boeing’s safety analysis of the flight control system called MCAS (Maneuvering Characteristics
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An Apple company logo is seen behind tree branches outside an Apple store in Beijing, China December 14, 2018. REUTERS/Jason Lee (Reuters) – Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with a jury in federal court in San Diego finding that Apple owes Qualcomm about
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FILE PHOTO: A woman looks at the Facebook logo on an iPad in this photo illustration taken June 3, 2018. REUTERS/Regis Duvignau/Illustration (Reuters) – U.S. federal prosecutors are conducting a criminal investigation into data deals Facebook Inc struck with some of the world’s largest technology companies, the New York Times reported on Wednesday. A grand
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GORA-BOKKA, Ethiopia/OTTAWA (Reuters) – Canada became the latest country to ground Boeing’s 737 MAX jets on Wednesday following an Ethiopian Airlines crash that killed 157 people, saying satellite data suggested similarities to a previous crash involving the same plane model. Countries around the world – with the notable exception of the United States – have
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