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26/09/2017

Allergan boosts shares with $2 billion buyback


(Reuters) - American International Group Inc (AIG.N) said on Monday it will reorganize into three new business units and will no longer have separate commercial and consumer units, marking the first significant move by new Chief Executive Brian Duperreault.


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AIG to restructure into three new units, marking CEO's first big move


(Reuters) - American International Group Inc (AIG.N) said on Monday it will reorganize into three new business units and will no longer have separate commercial and consumer units, marking the first significant move by new Chief Executive Brian Duperreault.


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FINRA orders Morgan Stanley to pay $13 million in fines, restitution


ZURICH (Reuters) - Power grids maker ABB is buying General Electric’s Industrial Solutions business for $2.6 billion in a bet it can improve the division’s lackluster margins over the next five years, the Swiss engineering company said on Monday.


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25/09/2017

A celebrity listing crashes Japanese exchange's party


TOKYO (Reuters) - On Japan’s newest exchange, fame can pay off. That may not be so great for investors though.


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Fidget spinners and squishies: some Toys 'R' Us toymakers cut ties


(Reuters) - This summer, toy supplier Product Launchers delivered 100,000 specially ordered DC Comics fidget spinners to Toys ‘R’ Us, unaware that the biggest U.S. toy store chain was in financial trouble.


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Lufthansa seen offering to pay 200 million euros for Air Berlin assets: source


FRANKFURT (Reuters) - A Lufthansa (LHAG.DE) bid price of 200 million euros ($239 million) to buy assets from insolvent Air Berlin (AB1.DE) plus 100 million euros to meet operating costs is roughly correct, a source familiar with the talks said on Sunday.


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21/09/2017

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New Zealand election could put an obstacle in path to nailing TPP deal


WELLINGTON (Reuters) - If New Zealanders vote this weekend to change who governs them, that could create an obstacle to plans by members of the Trans-Pacific Partnership (TPP) to finalize a trade deal in November.


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Activist lifts Clariant stake, aiming to scuttle Huntsman deal


ZURICH (Reuters) - The activist investor fighting Clariant’s (CLN.S) planned $20 billion merger with Huntsman Corp (HUN.N) has built a 15.1 percent stake that makes it the biggest shareholder in the Swiss chemicals maker.


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Asia stocks steady, dollar treads water as investors count down to Fed


TOKYO (Reuters) - Asian stocks were mostly steady on Wednesday after Wall Street again rose to record highs, although movements were limited as a wait-and-see mood prevailed before the Federal Reserve reveals its monetary policy stance later in the day.


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19/09/2017

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Canada's Unifor union goes on strike at GM's Ontario plant


(Reuters) - Canada’s Unifor union said on Sunday its members at General Motors Co’s (GM.N) CAMI auto assembly plant in Ingersoll, Ontario are on a strike from 1059 pm Sept. 17 as it failed to reach a tentative agreement with the automaker.


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