Showing 51-60 of 346 results
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Bali town counts cost of warnings
Business, Reuters, Published on 04/10/2017
» AMED, Indonesia: A Balinese town once bustling with holidaymakers has almost emptied of tourists after warnings that nearby Mount Agung could erupt at any time -- a snapshot of the growing cost the rumbling volcano poses to Indonesia's economy.
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US factory activity hits 13-year high
Business, Reuters, Published on 04/10/2017
» WASHINGTON: A measure of US manufacturing activity surged to a near 13½-year high in September as disruptions to the supply chains caused by Hurricanes Harvey and Irma resulted in factories taking longer to deliver goods and boosted raw material prices.
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EU expects poor wine grape harvest
Business, Reuters, Published on 06/10/2017
» BRUSSELS: Heavy hailstorms and late frosts in spring and a hot, dry summer have damaged vineyards across Europe and are expected to result in the poorest wine grape harvest in 36 years.
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Hudson's Bay steps outside Canada with Dutch stores
Business, Reuters, Published on 06/09/2017
» TORONTO: Hudson's Bay Co's (HBC) commitment to Europe "is rock solid," chief executive officer Gerald Storch told Reuters in an interview, ahead of the opening of the first of 10 planned name-sake department stores in the Netherlands yesterday, bucking a trend away from bricks and mortar.
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'Flying taxi' startup Lilium raises $90m from Tencent, others
Business, Reuters, Published on 06/09/2017
» FRANKFURT: Lilium, a German start-up with Silicon Valley-scale ambitions to develop a five-passenger "flying taxi", has raised a second, $90 million round of financing from top tech investors, making it one of the best-funded electric aircraft projects to date.
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WTO reverses its 777X tax credit ruling
Business, Reuters, Published on 06/09/2017
» PARIS/GENEVA: The World Trade Organization has reversed a ruling that Boeing Co received prohibited support for its newest aircraft, dealing a blow to the European Union in its long-running row with the United States over subsidies.
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China teapot plants form club for stiff fight
Business, Reuters, Published on 09/09/2017
» A group of independent, or "teapot", Chinese oil refiners is clubbing together to survive an onslaught by state-owned giants and the rise of private chemical giants, but industry analysts said the new alliance may find it hard to stick.
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Macau government's coffers swell
Business, Reuters, Published on 13/09/2017
» MACAU: Over the past five years, Macau has raked in US$70 billion in taxes from the casinos that have made the territory the largest gambling centre in the world. But it has invested less than 10% of that take -- by far its largest source of income -- in much needed infrastructure.
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Insurers gather to tally hurricane costs
Business, Reuters, Published on 12/09/2017
» MONACO: As Hurricane Irma battered Florida, the cream of the insurance world -- gathered under the Mediterranean sun in Monte Carlo -- was assessing the costs of the storm for the global industry.
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Bitcoin a 'fraud', says JPMorgan chief
Business, Reuters, Published on 14/09/2017
» NEW YORK: Bitcoin "is a fraud and will blow up'', Jamie Dimon, chief executive officer of JPMorgan Chase & Co, said on Tuesday.
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