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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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Amazon wins partial dismissal of US antitrust lawsuit
Amazon.com Inc won partial dismissal of a U.S. Federal Trade Commission lawsuit
accusing it of maintaining illegal monopolies, though the details of the ruling
by a federal court in Seattle on Monday were not immediately clear.
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PepsiCo in talks to buy Siete Foods for over $1 billion, WSJ reports
PepsiCo is in advanced talks to acquire tortilla-chip maker Siete Foods for more
than $1 billion, the Wall Street Journal reported on Monday, citing people
familiar with the matter.
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Online sellers on Walmart's Flipkart sue India watchdog over antitrust probe
Three online sellers operating on Walmart-owned Flipkart have sued the Indian
antitrust watchdog over an investigation which found they, Flipkart and rival
Amazon (NASDAQ:AMZN) breached competition laws, according to court filings seen
by Reuters.
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Dollar stabilizes ahead of Powell speech, payrolls data
The U.S. dollar steadied Monday, as traders awaited a speech by Federal Reserve
Chair Jerome Powell later in the session ahead of Friday’s key employment
report.
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Russia's Novak sees oil price volatility easing despite Middle East turmoil
Russian Deputy Prime Minister Alexander Novak expects oil prices' fluctuations
will subside following volatility spurred by the tensions in the Middle East as
geopolitical risks are already factored in, he told Al Arabiya News.
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Dollar slips as China rolls out stimulus
A surging yen steadied on Monday as Japan's incoming prime minister signalled
monetary policy should remain accommodative, while commodity currencies were
lifted to the year's highs by investor hopes of a turnaround in China's economy.
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