WeWork, the shared-office company already coping with a failed public offering and a corporate shake-up, disclosed a new problem on Monday: possible formaldehyde contamination of hundreds of phone booths at some of the buildings it leases. In a note to …
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BEIJING–Rising pork prices pushed China’s consumer inflation to its highest level in nearly six years in September, official data showed Tuesday. The consumer price index rose 3% in September from a year earlier compared with the 2.8% expansion …
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Hong Kong (CNN Business) Optimism is fading over last week’s tentative trade truce between the United States and China. Asian stocks were mixed Tuesday. Hong Kong’s Hang Seng Index (HSI) inched down 0.1%. China’s Shanghai Composite Index …
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The Reserve Bank has signalled that further cuts to official interest rates remain a live option despite the risk of refuelling a property bubble in Sydney and Melbourne. Key points: The Reserve Bank has slashed interest rates three times since June; Markets …
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The Federal Drug Administration approved a new use for the Johnson & Johnson’s prescription drug thinner Xarelto on Monday, but the news failed to boost the pharmaceutical company’s stock as it contends with a massive slate of pending lawsuits. Continue …
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