Consumer prices rose less than expected in the first three months of the year, sending the New Zealand dollar tumbling and raising the chances of a cut in interest rates. The consumer price index (CPI) rose 0.1 per cent in the three months to March, the same …
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By Sayanti Chakraborty. (Reuters) – International Business Machines Corp reported a bigger-than-expected drop in first-quarter revenue on Tuesday, hurt by tapering demand for its mainframe computers and a stronger dollar, sending its shares down about 3Â …
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(Reuters) – Qualcomm Inc on Tuesday won a major victory in its wide-ranging legal dispute with Apple Inc as the companies reached a surprise settlement that called for the iPhone to once again use Qualcomm modem chips. Shares of Qualcomm jumped 23Â …
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Australia’s biggest paint manufacturer, Dulux, has agreed to a $3.8 billion takeover deal proposed by Japanese paint giant Nippon, sending Dulux’s share price rocketing 27 per cent higher in early trading. The DuluxGroup board told investors on Wednesday …
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A college student has filed a civil lawsuit against Chinese e-commerce company JD.com Inc. JD 0.84% founder and Chief Executive Liu Qiangdong after she accused him of rape last year but prosecutors declined to charge him. Mr. Liu was arrested in …
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