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Asian stocks sink as US jobs fail to clear rate outlook, tech hammered

(Corrects typographical error in headline) By Stella Qiu SYDNEY (Reuters) -Asian shares extended a global rout on Friday as the much anticipated U.S. jobs data failed to provide clarity on interest rates, with investors returning to dumping riskier assets even after Nvidia's earnings dazzled. Japan's ...
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Samsung Elec names mobile chief co-CEO in return to traditional structure

By Heekyong Yang SEOUL (Reuters) -Samsung Electronics said on Friday it has named its mobile chief TM Roh as a new co-CEO and head of its device experience division, which oversees the company's mobile phone, TV and home appliance businesses. The appointment returns Samsung to ...
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Japan exports unexpectedly strong in October as US tariff impact slows

By Makiko Yamazaki and Leika Kihara TOKYO (Reuters) -Japan's exports rose more than expected in October for a second straight monthly gain, government data showed on Friday, underpinned by a milder fall in U.S.-bound shipments, resilient demand in other key markets and a weaker yen. ...
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EU trade chief eyes investment in Australian resources projects

By Melanie Burton MELBOURNE (Reuters) -EU Trade Commissioner Maros Sefcovic said on Friday he had discussed with Australia's Resources Minister Madeleine King how best to invest in Australian resources projects, through equity stakes, long-term off-take agreements or joint investments. Sefocvic spoke with King on Thursday as ...
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Investor challenges pile up over price of 3G Capital’s Skechers deal

By Tom Hals WILMINGTON, Delaware (Reuters) -Investment firms holding millions of shares of footwear giant Skechers are suing for a better deal than the $63 per share price paid by 3G Capital to take over the company in a $9.4 billion deal, according to court ...
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Paramount, Comcast and Netflix submit bids for Warner Bros Discovery, source says

By Dawn Chmielewski and Dawn Kopecki (Reuters) -Warner Bros Discovery has received preliminary bids for the media company from Paramount Skydance, Comcast and Netflix, according to a source familiar with the matter. The bids represent the first step in the possible sale of all or part ...
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Fed’s Paulson is ‘cautiously’ approaching December rate decision, she says 

(Reuters) -Philadelphia Federal Reserve President Anna Paulson said on Thursday she is approaching the U.S. central bank's next meeting "cautiously," despite supporting its last two interest rate cuts, as the threat of prolonged high inflation needs to be balanced with the risk of rising ...
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Singapore says Q3 GDP grows 4.2% y/y, upgrades 2025 forecast

SINGAPORE (Reuters) -Singapore on Friday upgraded its economic outlook for 2025 as third-quarter gross domestic product growth beat market expectations and initial estimates. GDP rose 4.2% in the third quarter from a year earlier, government data showed, faster than the 2.9% official advance estimate released ...
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Volkswagen debuts restored vintage blue bus that survived a California wildfire and melted hearts

LOS ANGELES (AP) - A vintage blue VW bus that became an unlikely symbol of resilience after it survived a California wildfire made its public debut this week, shiny and like-new after Volkswagen spent months restoring the damaged vehicle. The bus went viral in ...
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FAA gives $10K bonuses only to air traffic controllers with perfect attendance during shutdown

Only 776 of the more than 10,000 air traffic controllers who had to work without pay during the record shutdown will receive the $10,000 bonuses that President Donald Trump suggested because they are the only ones that had perfect attendance, officials announced Thursday. A number ...
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Frida Kahlo self-portrait could shatter auction record among female artists

A 1940 self-portrait by famed Mexican artist Frida Kahlo of her asleep in a bed could make history Thursday when it goes on sale by Sotheby's in New York. With an estimated price of $40 million to $60 million, "El sueño (La cama)" - in ...
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Big swings keep rocking Wall Street as US stocks drop sharply after erasing a morning surge

NEW YORK (AP) - Jarring swings keep rocking Wall Street, and U.S. stocks erased a big morning gain to drop on Thursday as the market remains skittish following weeks of doubts and erratic moves. After initially soaring toward what seemed like its best day since ...
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