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Shares sink toward one-year low as bears bite again

LONDON (Reuters) – An ugly start to European trading pushed world shares towards their lowest level in a year on Tuesday, as negative drivers from Saudi Arabia’s diplomatic isolation to worries about Italy’s finances and trade wars piled on the pressure. The German share price index DAX graph is pictured at the…

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U.S. judge affirms Monsanto weed-killer verdict, slashes damages

(Reuters) – A U.S. judge on Monday affirmed a verdict against Bayer AG (BAYGn.DE) unit Monsanto that found its glyphosate-based weed-killers responsible for a man’s terminal cancer, sending the German company’s shares down 8 percent. Plaintiff Dewayne Johnson leaves the courtroom following a post-trial hearing at the Superior Court in San Francisco,…

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Saudi to sign deals worth $50 billion in oil, gas and infrastructure

RIYADH (Reuters) – Saudi Arabia started signing deals worth more than $50 billion in sectors including oil, gas and infrastructure at an investment conference in Riyadh on Tuesday. Companies involved in the deals included Trafigura, Total (TOTF.PA), Hyundai (011760.KS), Norinco (000065.SZ), Schlumberger, Halliburton (HAL.N) and Baker Hughes (BHGE.N), state television said. The…

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Italy relief, China stimulus hopes lift global stocks

LONDON (Reuters) – European shares gained on Monday amid relief over Italy’s budget, following rallies in Asia after China promised to provide stimulus to stabilize its economy and offset the impact of U.S. tariffs. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 18,…

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Truck makers rev up for rollout of electric big rigs

DETROIT (Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk put electric heavy commercial trucks on the map in November 2017 when he unveiled the company’s futuristic, battery-powered Semi, booked hundreds of orders and said he would start delivering the vehicles by 2019. FILE PHOTO: A Toyota Project Portal hydrogen fuel cell…

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Japan tells Facebook to improve data protection

TOKYO (Reuters) – Japan’s government on Monday told U.S. technology firm Facebook Inc (FB.O) to better protect its users’ personal data following lapses this year affecting tens of millions of people globally. The logo of Facebook is pictured during the Viva Tech start-up and technology summit in Paris, France, May 25, 2018.…

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