The new owners of Aston Martin have identified accounting errors at its US business that led the luxury carmaker to understate the scale of last year’s losses. The discrepancies saw payments to US dealers booked later than they should …
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(CNN Business) For over a year, top lawmakers in Congress have been investigating Amazon (AMZN), Apple (AAPL), Facebook (FB) and Google (GOOGL). The investigation’s purpose? To determine whether the companies have abused their power and …
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LONDON (Reuters) – The U.S. dollar fell to a two-year low on Wednesday as pressure built on the Federal Reserve to strike a dovish policy stance amid a surge in coronavirus cases. Markets expect policymakers to hold fire, but rising infection rates and …
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(Adds company comment, share price reaction). By John Revill. ZURICH, July 29 (Reuters) – Roche’s attempt to retool its rheumatoid arthritis drug Actemra/RoActemra drug to treat patients hospitalised with severe COVID-19-related pneumonia has failed in a …
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PARIS (Reuters) – French fashion group SMCP (SMCP.PA), whose brands include Sandro and Maje, reported on Wednesday a slump in second-quarter sales as the COVID-19 pandemic led to closures of stores and fewer shoppers out on the streets. SMCP …
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