Today's Top Story
Meng Wanzhou's freedom on trial as China-U.S. clash plays out in Canada court
VANCOUVER/TORONTO (Reuters) - Huawei Chief Financial Officer Meng Wanzhou will be in a Vancouver courtroom on Monday for the first day of her extradition trial, a process expected to take months - possibly years - to decide whether she can be extradited from Canada to the United States. Read More
Business News
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Global stocks stay near record highs; focus turns to central banks, earnings
LONDON (Reuters) - World stocks traded just below record highs on Monday, pausing ahead of this week's central bank meetings, economic data and earnings, while oil prices rose to their highest in over a week after blockades began shutting down two Libyan oilfields.
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Boeing customer Air Lease says 'damaged' MAX brand should be dropped
DUBLIN (Reuters) - The chairman of major aircraft leasing firm Air Lease
, which has 150 of Boeing's grounded 737 MAX jet on order, on Monday called on the U.S. manufacturer to drop the "damaged" MAX brand to avoid it undermining the plane's value. -
No turning point in sight as IMF predicts sluggish global growth
WASHINGTON/DAVOS (Reuters) - Global growth appears to have bottomed out but there is no rebound in sight and risks ranging from trade tensions to climate shocks makes the outlook uncertain, a top International Monetary Fund official said on Monday.
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Economic News
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Global stocks stay near record highs; focus turns to central banks, earnings
LONDON (Reuters) - World stocks traded just below record highs on Monday, pausing ahead of this week's central bank meetings, economic data and earnings, while oil prices rose to their highest in over a week after blockades began shutting down two Libyan oilfields.
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No turning point in sight as IMF predicts sluggish global growth
WASHINGTON/DAVOS (Reuters) - Global growth appears to have bottomed out but there is no rebound in sight and risks ranging from trade tensions to climate shocks makes the outlook uncertain, a top International Monetary Fund official said on Monday.
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Markets regulators struggling to keep up with technology: SEC's Jackson
RISHON LEZION, Israel (Reuters) - The rapid growth of digital assets and computer-driven investment advice has become a key challenge for regulators in trying to keep up with technological advances while seeking to protect investors, a U.S. markets regulator said on Monday.
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Money News
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Which company just hit $1 trillion? Google it.
NEW YORK (Reuters) - As Google-parent Alphabet Inc became on Thursday the fourth U.S. company to top a market value of more than $1 trillion, some funds holding its shares are wondering whether now is the time to cash in on the stock's extraordinary gains.
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Activist hedge funds stepped up calls for asset sales and spin-offs in 2019: data
NEW YORK (Reuters) - Hedge funds that push for change at corporations stepped up their demands for asset spin-offs and sales last year, making them part of nearly half of all activist investor campaigns waged in 2019, according to data released on Wednesday.
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ValueAct's Ubben cheers BlackRock's new stance on climate change
NEW YORK (Reuters) - Investor Jeffrey Ubben, already betting there is money to be made from coaxing corporations into being better citizens, gained an ally on Tuesday when BlackRock Inc chief Laurence Fink told companies to tackle climate change or face his wrath.
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