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Bank of Canada widely expected to trim rates as US trade war drags on

By Promit Mukherjee OTTAWA (Reuters) -The Bank of Canada is almost certain to reduce its key policy rate to 2.25% on Wednesday, with President Donald Trump’s latest threats of higher tariffs reinforcing expectations that a rate cut would be needed to help spur demand and ...
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Fed expected to cut interest rates, but less than Trump wants

(WASHINGTON) -- The Federal Reserve on Wednesday will set the level of its benchmark interest rate, adjusting a major policy lever for the first time since a government shutdown sharply restricted the release of gold-standard federal data about the economy.In a rare exception, the ...
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Caterpillar’s third-quarter profit drops on weak US construction activity, tariffs

(Reuters) -Caterpillar reported a lower third-quarter profit on Wednesday, hit by weak construction activity in the U.S. and tariffs imposed by the Trump administration. The company, seen as a bellwether for the global industrial economy, reported an adjusted per share profit of $4.95, down from $5.17 ...
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EU rules not a barrier to telcos scaling up, senior EU official says

By Foo Yun Chee COPENHAGEN (Reuters) -EU merger rules do not prevent telecoms operators from scaling up through acquisitions, a senior European Commission antitrust official said on Wednesday, rejecting criticism from the European industry about the tough approach by regulators. More than 20 of Europe’s biggest ...
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Analysis-China signals it will pull plug on subsidies for EVs with five-year plan exclusion

SHANGHAI/BEIJING (Reuters) -China has sent a clear signal that it is willing to pull the plug on subsidies for its electric vehicle industry after years of big-ticket government support fuelled a boom that has left the world’s second-largest economy saddled with vast oversupply, prompting ...
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Thermo Fisher to buy clinical services provider Clario for up to $9.4 billion

(Reuters) -Thermo Fisher said on Wednesday it would buy privately held data management company Clario for up to $9.4 billion in cash and future payments, strengthening the life science firm’s presence in digital health and clinical trial research. The deal includes an upfront payment of ...
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Bomber Volleyball advances to the Regional Championship with a 25-19, 28-26 win over Pittsfield! #OnceABomberAlwaysABomb…

Bomber Volleyball advances to the Regional Championship with a 25-19, 28-26 win over Pittsfield! #OnceABomberAlwaysABomber
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Thieves dressed as construction workers steal safe, jewelry valued at $3.2M from New York home

(NEW YORK) -- A crew dressed in neon construction vests stole a safe containing jewelry -- valued at more than $3.2 million -- from a home in Queens, New York, after breaking in through a back door, police said Tuesday.The theft occurred on Oct. ...
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Centene raises annual outlook after surprise quarterly profit, shares rise

(Reuters) -Centene on Wednesday raised its annual earnings forecast after reporting a third-quarter surprise profit, helped by a low tax rate, sending its shares more than 10% higher in premarket trading. The company also recorded a non-cash goodwill impairment of $6.7 billion after a quantitative ...
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CVS raises full-year forecast, takes $5.7 billion impairment charge on health clinics

By Amina Niasse NEW YORK (Reuters) -CVS Health raised its annual adjusted profit forecast on Wednesday, aided by improved pharmacy revenues, but also announced a $5.73 billion writedown of healthcare businesses including its in-pharmacy MinuteClinics. The company, which operates one of the largest U.S. pharmacy chains, ...
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HSBC expands startup-focused group in Singapore as part of global push

NEW YORK (Reuters) -HSBC has expanded its innovation banking business to Singapore, pledging to allocate $1.5 billion in the city-state as part of a global push to lend to startup companies, the bank said on Wednesday. The group in HSBC’s commercial bank was established ...
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Edmunds compares the new BMW X3 and Mercedes-Benz GLC

Compact luxury crossovers are ideal if you’re seeking a compelling blend of utility and style without having to pay full-size luxury SUV pricing. The BMW X3 has been a front-runner since the original model’s introduction in 2003, but it continues to face stiff competition ...
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