Morning offer: Finally, bad news is bad news

19 January (Reuters) – A look at the day ahead at Asian markets from Jamie McGeever. No fireworks from the Bank of Japan, but plenty of damp squibs for investors…

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Wall St stumbles on weak data, comments from hawkish Fed

Fed’s Bullard, Mester back rate rises US retail sales fall in December Indexes down: Dow 1.28%, S&P 1.07%, Nasdaq 0.78% 18 Jan. (Reuters) – Wall Street’s major indices fell on…

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Microsoft is cutting 10,000 jobs as the cloud technology sector worries about the recession

DAVOS, Switzerland, Jan. 18 (Reuters) – Microsoft Corp. (MSFT.O) said on Wednesday it would cut 10,000 jobs and cash in at $1.2 billion as its cloud computing customers reassess their…

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PineBridge and Pictet increase exposure to China real estate on hopes of a recovery

HONG KONG, Jan. 18 (Reuters) – Global investors including PineBridge and Pictet are ramping up their exposure to Chinese real estate developers, betting that a slew of support measures for…

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Goldman misses earnings estimates as deal closings slump and consumer business hits

17 Jan. (Reuters) – Goldman Sachs Group Inc (GS.N) reported a larger-than-expected 69% drop in fourth-quarter earnings on Tuesday as it struggled with a slump in deal closings, a drop…

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Tesla video promoting self-driving has been staged, an engineer testifies

17 Jan. (Reuters) – A 2016 video that Tesla (TSLA.O) used to promote its self-driving technology was staged to show capabilities such as stopping at a red light and accelerating…

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Analysis: Bond traders are regaining their swagger in interest-obsessed markets

NEW YORK, January 17 (Reuters) – Bond traders are once again stars on Wall Street. Fixed income, currency and commodities (FICC) traders boosted bank profits last year despite bleak deal…

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Elon Musk’s suspension of journalists on Twitter has sparked global reactions

Dec. 16 (Reuters) – Twitter’s unprecedented suspension of at least five journalists over claims they revealed owner Elon Musk’s real-time location quickly drew backlash from government officials, advocacy groups and…

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Wall Street ends lower for a third straight day as recession concerns mount

US business activity slumps in December Meta jumps on JP Morgan rating upgrade Adobe climbs on optimistic profit forecast Dow down 0.85%, S&P 500 down 1.11%, Nasdaq down 0.97% NEW…

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Goldman is going to lay off thousands of employees as the number of layoffs on Wall Street increases

NEW YORK, Dec. 16 (Reuters) – Goldman Sachs Group Inc (GS.N) plans to lay off thousands of employees to navigate a tough economic environment, a source familiar with the matter…

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