18 December

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StockBeat: Norwegian Air Lives to Fly Another Day

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By Geoffrey Smith Investing.com -- Norwegian Air Shuttle (OL:NORR) lives to fly another day. The beleaguered discount airline’s shareholders have overwhelmingly backed a restructuring plan proposed by management that will allow it to keep flying for the immediate future, and maybe hang on until better days return next year. Earlier this month, management had presented a plan to stay afloat that envisaged the issue...

18 December

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Analysis-U.S. retailers want shoppers to help Santa with curbside pickup

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By Melissa Fares, Nivedita Balu and Lisa Baertlein (Reuters) - With homebound Americans making record numbers of online holiday purchases and snowy streets worsening a logjam for shipping companies, retailers are enticing shoppers to pick up orders in person to ensure their stockings are stuffed Christmas morning. Long-awaited COVID-19 vaccine shipments have further...

18 December

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Japan’s consumer prices fall at fastest pace in decade, stoke deflation fears

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By Kaori Kaneko and Leika Kihara TOKYO (Reuters) - Japan's core consumer prices dropped in November at their fastest pace in a decade as the coronavirus pandemic hit demand, stoking fears of a return to deflation and wiping out the benefits former premier Shinzo Abe's stimulus policies. The weak data will keep the Bank of Japan, which is meeting for a two-day...

18 December

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BOJ to begin scrutiny of weak inflation – Nikkei

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TOKYO (Reuters) - The Bank of Japan is expected to announce on Friday its plan to conduct an examination into why inflation remains distant from its 2% target, the Nikkei newspaper reported on Friday. The BOJ will release the findings as early as its rate review in January, the paper said without citing sources. The central bank is meeting for a...

18 December

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BOJ unveils plan to probe better ways to hit price goal, extends fund scheme

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By Leika Kihara and Kaori Kaneko TOKYO (Reuters) - The Bank of Japan on Friday extended its fund-aid scheme for firms hit by the coronavirus pandemic and pledged to begin an examination on more effective ways to achieve its 2% target, as a renewed spike in infections threatened to undermine a fragile recovery. As widely expected, the central bank kept monetary policy...

18 December

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Unilever to resume advertising on Facebook, Twitter in U.S

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(Reuters) - Unilever (LON:ULVR) Plc said it would resume advertising on Facebook Inc (NASDAQ:FB), Instagram and Twitter Inc (NYSE:TWTR) in the United States after pausing in June due to divisiveness and hate speech on the platforms during the U.S. election period. The consumer goods company said https://www.unileverusa.com/news/news-and-features/2020/update-driving-a-responsible-digital-ecosystem-in-these-polarized-times.html on Thursday it plans to end the advertising pause...

18 December

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Sony pulls Cyberpunk 2077 from PlayStation Store after backlash

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By Sam Nussey TOKYO (Reuters) - Sony Corp said on Friday it is pulling CD Projekt SA's Cyberpunk 2077 from its PlayStation Store and offering full refunds after gamers complained that the flagship title was rife with bugs. The unusual move is the latest bodyblow for Poland's top video games maker, whose stock price has tumbled 30% amid fury from disappointed...

18 December

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Hyundai to end domestic sales of Kona EVs after recalls -reports

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SEOUL (Reuters) - South Korea's Hyundai Motor Co will end domestic sales of its best-selling electric vehicle (EV), the Kona EV, after a series of fires and faulty braking systems prompted mass recalls, local media reported on Friday. Cable news channel YTN said Hyundai was reviewing the end of Kona EV sales in South Korea, while the JoongAng Daily cited an unidentified...

18 December

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Draft guidance on China investment ban spurs tensions in Trump administration -sources

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By Alexandra Alper WASHINGTON (Reuters) - A debate is raging within the Trump administration over guidance the Treasury Department is seeking to publish to clarify a recent directive banning U.S. investors from buying shares of some top Chinese companies, people familiar with the matter said. The State Department and the Department of Defense (DOD) are pushing back against the content of a...

18 December

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BlackBerry revenue misses on weak demand for cybersecurity, car softwares

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(Reuters) - Canada's BlackBerry Ltd, missed Wall Street estimates for third-quarter revenue on Thursday, hit by poor demand for its cybersecurity products and QNX car software. Surging COVID-19 cases in the Unites States have slowed the pace of auto sales in BlackBerry's biggest market, squeezing demand for the firm's QNX software, which is used by automakers including Volkswagen (DE:VOWG_p), BMW and Ford...

Меню

StockBeat: Norwegian Air Lives to Fly Another Day

Analysis-U.S. retailers want shoppers to help Santa with curbside pickup

Japan’s consumer prices fall at fastest pace in decade, stoke deflation fears

BOJ to begin scrutiny of weak inflation – Nikkei

BOJ unveils plan to probe better ways to hit price goal, extends fund scheme

Unilever to resume advertising on Facebook, Twitter in U.S

Sony pulls Cyberpunk 2077 from PlayStation Store after backlash

Hyundai to end domestic sales of Kona EVs after recalls -reports

Draft guidance on China investment ban spurs tensions in Trump administration -sources

BlackBerry revenue misses on weak demand for cybersecurity, car softwares

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