When a trade war broke out between the world's two largest economies in June, investors barely blinked. After the Federal Reserve raised interest rates – often a reason for investors to sell stocks – the markets kept climbing.
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(Reuters) – Drugmaker Gilead Sciences Inc will name Roche Holding AG executive Daniel O'Day as its new chief executive officer, according to a source familiar with the matter.
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Airlines canceled more than 1,400 flights over the weekend, as a wintry storm from Virginia to Florida snarled air travel, with disruptions likely to spill over into the work week.
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Stocks in Asia declined on Monday following significantly weaker-than-expected Chinese trade data released over the weekend. The mainland Chinese markets, closely watched as a result of the trade war between Beijing and Washington, slipped on the day
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Severe weather from Virginia to Florida during Winter Storm Diego prompted airlines to cancel more 1,400 flights over the weekend, with American Airlines and its hub in Charlotte the worst affected.
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