Business

SYDNEY/BENGALURU (Reuters) – Australia’s antitrust regulator warned Google’s planned $2.1 billion acquisition of fitness tracker maker Fitbit (FIT.N) may give it too much of people’s data, potentially hurting competition in health and online advertising markets. FILE PHOTO: Fitbit Blaze watch is seen in front of a displayed Alphabet logo in this illustration picture taken November
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NEW YORK (Reuters) – The S&P 500 closed lower on Wednesday as news of spiking pandemic data and the prospect of a new round of economic lockdowns dampened investor optimism over signs of economic recovery. FILE PHOTO: Traders exit the 11 Wall St. door of the New York Stock Exchange (NYSE) in New York City,
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(Reuters) – The U.S. Federal Aviation Administration has been “stonewalling” senators conducting an investigation into the design and development of Boeing Co’s (BA.N) 737 MAX in the wake of deadly crashes, a top Republican senator told a hearing on Wednesday. FILE PHOTO: Steve Dickson, Administrator of the Federal Aviation Administration, speaks at the UK Aviation
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FILE PHOTO: U.S. President Donald Trump signs the Paycheck Protection Program and Health Care Enhancement Act financial response to the coronavirus disease (COVID-19) outbreak, in the Oval Office at the White House in Washington, U.S. April 24, 2020. REUTERS/Jonathan Ernst WASHINGTON (Reuters) – Federal authorities administering business payroll loans as part of U.S. coronavirus relief
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FILE PHOTO: Takeda Pharmaceutical Co. President and Chief Executive Officer Christophe Weber attends a news conference in Tokyo, Japan May 9, 2018. REUTERS/Kim Kyung-Hoon/File Photo (Reuters) – Takeda Pharmaceutical Co Ltd (4502.T) has agreed to sell a portfolio of over-the-counter and prescription drugs marketed in the Asia Pacific region to South Korea’s Celltrion Inc (068270.KS)
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LONDON (Reuters) – Stock market bulls were forced to a halt on Tuesday and high-flying currencies like the euro and Australian dollar lost altitude, as a weeks-long risk rally ran into some turbulence. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville It
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TOKYO (Reuters) – Japan should focus on back-stopping struggling businesses rather than trying to spark overall demand in fighting the coronavirus pandemic, its economy minister said, suggesting the central bank should avoid pushing interest rates deeper into negative territory. FILE PHOTO: Japan’s Economy Minister Yasutoshi Nishimura attends a news conference at Prime Minister Shinzo Abe’s
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