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Oil prices edges lower; China stimulus, Trump repercussions in focusvictory
Oil prices slipped Thursday, continuing the previous session's weakness on the
back of a strong dollar and lower crude imports in China.
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Gold prices close to record highs; copper down as China stimulus disappoints
Gold prices rose slightly in Asian trade on Thursday, remaining close to record
highs even as strength in the dollar- on speculation over a second Trump
presidency- weighed on broader metal markets.
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Oil prices rise from bruising losses on signs of US inventory draw
Oil prices rose in Asian trade on Thursday, recovering some ground after days of
bruising losses as industry data showed that U.S. inventories marked an
unexpected draw in the past week.
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Meta cuts jobs at Whatsapp, Instagram- The Verge
Facebook owner Meta Platforms Inc (NASDAQ:META) has begun laying off employees
in several departments, most notably WhatsApp, Instagram, and Reality Labs, the
Verge reported on Wednesday, while some employees also said they had been axed.
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Asia stocks rise with China property stimulus, TSMC earnings in focus
Most Asian stocks rose on Thursday with Chinese shares advancing before a
government briefing on stimulus plans for the property sector.
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Amazon reveals its first color Kindle e-reader after years of development
Amazon (NASDAQ:AMZN) on Wednesday announced its first color Kindle e-reader
following years of effort to bring the more immersive device to market.
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Boeing hones $15 billion financing plan to weather crises, sources say
Boeing is closing in on a plan to raise around $15 billion with common shares
and a mandatory convertible bond as the jetmaker bolsters finances worsened by a
crippling strike, but the timing remains unclear, four sources familiar with the
matter told Reuters.
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