Samsung C&T, Samsung Electronics almost double cost of finishing new chip line

FILE PHOTO: Attendees at Samsung Electronics Co Ltd’s Unpacked event test out the company’s new devices in San Francisco, California, U.S., February 20, 2019 REUTERS/Stephen Nellis/File PhotoSEOUL (Reuters) – Samsung C&T Corp and Samsung Electronics Co Ltd have almost doubled the size of a contract related to the construction of a semiconductor production line, taking […]

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China’s factory activity picks up slightly, but Asia broadly weak

HONG KONG (Reuters) – Factory activity in China showed a slight, surprising recovery last month, in a sign that stimulus injected into Asia’s growth engine may be yielding results, but worries of a global slowdown persisted due to weakness elsewhere in the region. Men work on a production line manufacturing robotic arms at a factory […]

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Rakuten says to book $990 million gain on Lyft investment

FILE PHOTO: Rakuten’s network facility for its under-construction mobile network is pictured in Tokyo, Japan, February 20, 2019. REUTERS/Kim Kyung-hoon/File PhotoTOKYO (Reuters) – Japan’s Rakuten said on Monday it will book a 110 million yen ($989.74 million) gain in the quarter through March on its investment in Lyft following the U.S. ride-hailing firm’s listing last […]

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Japan’s business confidence hits two-year low as trade war stings

TOKYO (Reuters) – Japan’s business mood slumped to a two-year low in the March quarter, a central bank survey showed, underscoring concerns that Sino-U.S. trade tensions and softening global demand were taking a toll on the export-reliant economy. FILE PHOTO: A worker walks near a factory at the Keihin industrial zone in Kawasaki, Japan February […]

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Saudi Aramco world’s biggest oil producer in 2018: Fitch Ratings

FILE PHOTO: An Aramco oil tank is seen at the Production facility at Saudi Aramco’s Shaybah oilfield in the Empty Quarter, Saudi Arabia May 22, 2018. REUTERS/Ahmed Jadallah/File PhotoSINGAPORE (Reuters) – Saudi Aramco was by far the world’s biggest oil producer ahead of regional peers like Abu Dhabi National Oil Company (ADNOC) and listed oil […]

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Multiple People Injured in Crash on SR 520 in Orange County

ORANGE COUNTY, Fla. — Multiple people were injured Sunday in a crash in Christmas, according to Orange County Fire Rescue. Westbound lanes of SR-520 shut down after crash Multiple people injured; 3 taken to a hospital as trauma patients The crash happened sometime around 7:48 p.m. on State Road 520 near the State Road 528 […]

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2 Injured in Fight Outside Kissimmee Hookah Lounge

KISSIMMEE, Fla. – Osceola County deputies are searching the suspects who were involved in a fight outside a Kissimmee hookah lounge early Saturday. Two people injured in fight outside Kissimmee hookah lounge One person was stabbed during the fight Deputies looking for group of men involved Deputies responded to the Escape Hookah Lounge on Irlo […]

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Asian stocks surge on China’s factory comeback, trade talks progress

TOKYO (Reuters) – Asian stocks rallied on Monday as positive Chinese factory gauges and signs of progress in Sino-U.S. trade talks supported sentiment, although another defeat for British Prime Minister Theresa May’s proposed Brexit deal added to sterling’s woes. FILE PHOTO: A videographer films an electronic board showing the Japan’s Nikkei average (Top R) and […]

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Oil prices push higher as supply worries drive gains

TOKYO (Reuters) – Oil prices rose on Monday, adding to gains in the first quarter when the major benchmarks posted their biggest increases in nearly a decade, as concerns about supplies outweigh fears of a slowing global economy. FILE PHOTO: A view of Equinor’s oil platform in Johan Sverdrup oilfield in the North Sea, Norway […]

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Oil prices rise, adding to biggest quarterly gain in 10 years

TOKYO (Reuters) – Oil prices rose on Monday, adding to gains in the first quarter when the major benchmarks posted their biggest increases in nearly a decade, as concerns about supplies outweigh fears of a slowing global economy. FILE PHOTO: A view of Equinor’s oil platform in Johan Sverdrup oilfield in the North Sea, Norway […]

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