Canada frees CFO of China's Huawei on ba...

Canada frees CFO of China's Huawei on bail; Trump might intervene


A top executive of Chinese telecoms giant Huawei Technologies Co Ltd was granted bail by a Canadian court on Tuesday, 10 days after her arrest in Vancouver at the request of U.S. authorities sparked a diplomatic dispute.

China's Tencent Music raises nearly $1.1 billion in U.S. IPO

China-based music streaming company Tencent Music Entertainment Group said it raised close to $1.1 billion in its U.S. initial public offering (IPO) after pricing its shares at the bottom of its targeted range.

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Trump says would intervene in arrest of Chinese executive

U.S. President Donald Trump said on Tuesday he would intervene with the U.S. Justice Department in the case against a Chinese telecommunications executive if it would help secure a trade deal with Beijing.

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Highlights: Key quotes from the Reuters interview with Trump

Here are highlights from the Reuters interview with U.S. President Donald Trump on Tuesday.

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China welcomes any effort to move Huawei case toward resolution

China's Foreign Ministry said on Wednesday that Canada's arrest of Meng Wanzhou, a top executive with Chinese tech giant Huawei, was a mistake from the start, and welcomed any efforts to move the case toward a correct resolution.

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Washington takes center stage in bank branch battles

JPMorgan Chase & Co has made a splash this year in Washington, D.C. opening branches for the first time in the nation's capital.

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Samsung to shut mobile phone plant in China's Tianjin

Samsung Electronics will cease operations at one of its mobile phone manufacturing plants in China, the company said, as its sales in the world's biggest smartphone market slumps amid rising competition from lower-cost local rivals.

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Exclusive: Don't contact our board members, Renault tells Nissan - sources

Renault told alliance partner Nissan to stop contacting the French company's directors ahead of a Thursday board meeting as the Japanese automaker tried to share evidence of wrongdoing by its ousted chairman Carlos Ghosn, two sources said.

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Hyundai Motor unveils sweeping executive reshuffle, shares surge

South Korean conglomerate Hyundai Motor Group shook up its executive ranks on Tuesday and appointed its first foreign head of research and development, raising expectations of a smooth transition of power at the family-run business empire.

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Exclusive: Airbus staff error led to fatal Mali copter crash - German official

The fatal crash of a German armed forces helicopter in Mali last year was caused by the failure of mechanics from manufacturer Airbus to correctly set the aircraft's rotor controls after repairs, a defense official told Reuters on Wednesday.

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Zara owner Inditex hit by FX swings and warm weather

Zara owner Inditex missed sales and profit forecasts on Wednesday, hit by adverse currency moves and an unusually warm September, leading investors to wipe more than $5 billion off the fashion retailer's market value at one stage.

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Stocks cheered by Trump trade talk; sterling claws off lows

Stock markets rallied on Wednesday as U.S. President Donald Trump sounded upbeat about a trade deal with China, while sterling rose off 20 month lows as Prime Minister Theresa May vowed to fight a challenge to her leadership.

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Exclusive: Trump says Fed shouldn't hike rates, but calls Powell 'a good man'

President Donald Trump said on Tuesday it would be a mistake if the Federal Reserve raises interest rates when it meets next week, as it is expected to do, continuing his criticism of the U.S. central bank.

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Exclusive: Trump says China 'back in the market' for U.S. soybeans

President Donald Trump said on Tuesday that China was buying a "tremendous amount" of U.S. soybeans and that trade talks with Beijing were already under way by telephone, with more meetings likely among U.S. and Chinese officials.

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Amazon aims at office workers with compact cashier-less food store

Amazon.com Inc on Wednesday opened a compact version of its cashier-less Amazon Go food stores, broadening its footprint in the bricks-and-mortar world in a move to add shops in places such as office lobbies and hospitals.

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Rolls-Royce expects 2018 profit, free cash flow in upper half of forecast range

Rolls-Royce expects its 2018 group profit and free cash flow to be in the upper half of its guidance range, the British engineering company said on Wednesday, shrugging off problems with some of its aircraft engines.

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Former Malaysian PM Najib, 1MDB ex-CEO face fresh corruption charges

Malaysian prosecutors on Wednesday filed new graft charges against former prime minister Najib Razak and the former chief executive of scandal-linked state fund 1MDB, in the latest cases over alleged theft of billions of dollars from the fund.

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U.S. weighs China travel warning over Huawei case: sources

The United States is considering issuing a new warning to U.S. citizens, including business executives, traveling to China after Canada arrested a senior Huawei Technologies Co Ltd [HWT.UL] executive at Washington's request, two sources said on Tuesday.

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France claims ignorance as Nissan's Ghosn dossier adds pressure

The French government said on Tuesday it remained unaware of detailed allegations against Renault SA boss Carlos Ghosn sent to the carmaker a day earlier by Japanese alliance partner Nissan Motor Co Ltd .

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Google has 'no plans' to launch Chinese search engine: CEO

Google has "no plans" to relaunch a search engine in China though it is continuing to study the idea, Chief Executive Sundar Pichai told a U.S. congressional panel on Tuesday amid increased scrutiny of big tech firms.

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