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CME profits fall as low rate environment hits hedging demand

CME Group (CME.O), the world’s biggest futures exchange operator, on Wednesday said its quarterly profit fell as steps taken by the U.S. government to ease the economic impact of the

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ByteDance investors value TikTok at $50 billion in takeover bid

Some investors of TikTok’s parent company ByteDance seeking to take over the popular social media app are valuing it at about $50 billion, significantly more than peers such as Snap

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Can Apple’s 24X7 services store-front make up for falling iPhone sales?

Many of Apple Inc’s physical stores re-opened and re-closed in recent months because of spikes in cases of the novel coronavirus. But two of the iPhone maker’s most important storefronts

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Rolls-Royce plans $1.9 billion share issue to bolster finances, sources say

Rolls-Royce (RR.L) is planning a share issue to raise up to 1.5 billion pounds ($1.9 billion) to plug a capital shortfall as a slow recovery in demand for air travel

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U.S. small businesses face mass closures without more pandemic aid

After surviving two strokes at age 27, Olivia Colt threw herself into starting a catering business, a lifelong dream. Ten years and another stroke later, she had built Salt &

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Amazon expands workforce in Ireland to 5,000

Amazon (AMZN.O) on Monday announced it would create an additional 1,000 jobs in Ireland, bringing its workforce in the country to 5,000. Ireland has a decades-old policy of attracting multinational

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SAP to spin off Qualtrics, partly unwinding $8 billion buy

Business software group SAP plans to spin off and float Qualtrics, the U.S. specialist in measuring online customer sentiment that it acquired less than two years ago for $8 billion.

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