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Europe wants to deal with China as a group: German minister

Major European Union countries want to deal with China as a group rather than sign bilateral agreements as individual states, German Economy Minister Peter Altmaier said on Friday, attending a summit in Beijing on China's Belt and Road plan.

Markets

Intel puts modem business up for sale, held talks with Apple: WSJ

Intel Corp is exploring strategic options for its modem chip business, including a possible sale to Apple or another acquirer, the Wall Street Journal reported on Friday, citing people familiar with the matter.

Markets

Brazil’s Petrobras details refinery, other asset sale plans

Brazil's state-controlled oil company Petrobras on Friday for the first time detailed long-awaited plans to sell a series of refineries and other assets as the company focuses on its core oil and gas exploration business.

Markets

Two Shell oil workers kidnapped, police killed, in Nigeria’s Delta

YENAGOA, Nigeria: Two Royal Dutch Shell oil workers were kidnapped, and their police escorts killed, in Nigeria's restive Delta region, a police spokesman said on Friday. The workers were in Rivers State, returning from an official trip to Bayelsa state, when they were attacked. "The Shell ...

Markets

Brazil ad promoting diversity pulled after Bolsonaro request

A Brazilian bank commercial highlighting the country's diversity was pulled following a request by far-right President Jair Bolsonaro, the bank confirmed Friday.

Markets

Trump says sees possibility of US-Japan trade deal by May

President Donald Trump, speaking at the start of a meeting with Japanese Prime Minister Shinzo Abe, said on Friday the United States is having good trade discussions with Tokyo and the two countries have a chance to make a long-term trade deal.

Markets

S&P 500, Nasdaq end at records on solid US growth, earnings

The S&P 500 and Nasdaq finished at fresh records on Friday (Apr 26) following strong US economic growth data, amid relief at better-than-expected corporate earnings.

Markets

Toyota halts plan to install US connected vehicle technology by 2021

Toyota Motor Corp said on Friday it was halting plans to install Dedicated Short-Range Communications (DSRC) technology, aimed at letting cars and trucks communicate with one another to avoid collisions, on U.S. vehicles beginning in 2021.

Markets

UOB shareholders pleased with its performance, but raise questions about expenses, practices

MANY shareholders seemed pleased by United Overseas Bank's (UOB) performance last year, by the looks of those taking to the microphones to thank the bank at its annual general meeting on Friday.

Markets

Crypto not a threat to traditional monetary system, say experts

These were some of the conclusions from a workshop involving academic researchers, central bankers, and financial industry practitioners, as reported in a special feature in Friday's Monetary Authority of Singapore (MAS) macroeconomic review.

Markets

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