Business

SINGAPORE (Reuters) – Asian stocks edged higher on Thursday as tensions between the United States and North Korea came off the boil, while the Federal Reserve’s concerns about weak U.S. inflation weighed on the dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS added 0.5 percent. Japan’s Nikkei .N225 slipped 0.1 percent, weighed down
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(Reuters) – The chief executives of Merck & Co Inc and Under Armour Inc resigned from U.S. President Donald Trump’s American Manufacturing Council on Monday, following Trump’s initially tepid response to weekend violence at a rally of white supremacists in Charlottesville, Virginia. Kenneth Fraizer, the chief executive of drugmaker Merck and an African-American, said he
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SHANGHAI (Reuters) – Trade tensions between Washington and Beijing may be running high but Corporate America is finding China to be a reliable source of profit growth this year. Whether they sell construction equipment, semiconductors or coffee, many major U.S. companies have reported stronger second-quarter earnings and revenue from their Chinese operations in recent weeks.
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DUBAI (Reuters) – Iran is holding talks with European planemaker Airbus to buy 48 helicopters for civilian use, an Iranian official was on Saturday quoted as saying, as Iran continues its shopping spree of Western aircraft after the lifting of sanctions. “The Health Ministry is planning to order 45 HEMS (Helicopter Emergency Medical Service) helicopters
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WASHINGTON (Reuters) – Lockheed Martin Corp (LMT.N) has won an $8 billion U.S. defense contract for global logistics support services for special operations forces, the Pentagon said on Friday. The U.S. military often relies on outside contractors to perform support services including logistics at warehouses and depots as well as maintenance, modifications and repairs on
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