Asian shares stumble, dollar firms as Fed dampens bets on more rate cuts

Asian shares fell to six-week lows on Thursday while the dollar jumped to two-year highs as the U.S. Federal Reserve poured cold water on market expectations of a lengthy easing cycle following a 25 basis-point rate cut.

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Asian factories suffering, more stimulus seen ahead

Asian factory activity contracted further in July, fuelling worries that a Sino-U.S. trade war and a slowdown in China could tilt the world toward a global recession, which central banks will have to fight with depleted ammunition.

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Amazon in talks to buy stake in India's Reliance Retail: ET

Amazon.com Inc is in exploratory talks with Reliance Industries Ltd-owned Reliance Retail for buying up to 26% stake in India's biggest brick-and-mortar retailer, the Economic Times (ET) reported (https://ift.tt/2yw9mLq) on Thursday.

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Amazon in talks to buy stake in India's Reliance Retail: ET

Amazon.com Inc is in exploratory talks with Reliance Industries Ltd-owned Reliance Retail for buying up to 26% stake in India's biggest brick-and-mortar retailer, the Economic Times (ET) reported https://ift.tt/2yw9mLq on Thursday.

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Democratic debates: Joe Biden hits back at critics in Detroit

Frontrunner Joe Biden defends his record on race, criminal justice and deportations of migrants.

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Hamza Bin Laden: Son of Osama 'dead', US officials say

US media claim they were told by officials that Hamza Bin Laden is dead.

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Aspetar: The ultra modern, elite sports hospital that imports body parts

Many of the world's best athletes go to the same specialist hospital in Qatar. Aspetar is at the cutting edge of sports medicine.

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Asian shares fall, dollar firms as Fed dampens bets on more rate cuts

Asian shares fell to six-week lows on Thursday while the dollar jumped to two-year highs as the U.S. Federal Reserve poured cold water on market expectations of a lengthy easing cycle following a 25 basis-point rate cut.

from Reuters: Business News https://ift.tt/2YtzLEo

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Crown Resorts takes out newspaper ads in attack on 'deceitful campaign'

Australian casino giant Crown Resorts issued full-page newspaper ads on Thursday describing recent media reports that alleged it pressured officials to fast-track visas for Chinese gamblers as a "deceitful campaign".

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Key Words: Andrew Yang urges Americans to move to higher ground because response to climate change is ‘too late’

Andrew Yang says it’s already too late to stop climate change and that it’s time for Americans to head for the hills.

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MarketWatch First Take: Qualcomm is among biggest victims of Huawei fight

Qualcomm Inc. is getting hurt by the U.S.-China trade war, just as the world’s biggest economies move to the next generation of cell-phone-network technology.

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The Wall Street Journal: Top Amazon executive Jeff Blackburn to take a year’s sabbatical

Blackburn, a senior vice president with the company, heads up Amazon’s entertainment, business development and advertising businesses.

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Dangling Huawei in China Trade Talks Could Help Trump With Key Voters

The Chinese technology company Huawei and agriculture are key issues in U.S.-China trade negotiations. Both may help President Trump achieve another goal at home. Photo: Nicholas Kamm/AFP/Getty Images

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Zoe Ball loses 780,000 listeners from BBC Radio 2 breakfast show

The presenter took over from Chris Evans in January after he left to join Virgin Radio.

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UK's Pearson notifies thousands of U.S. students of data breach

British education company Pearson Plc on Thursday said it has notified customers of a data breach that resulted in unauthorized access to about 13,000 school and university accounts, mainly in the United States.

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State AGs fighting T-Mobile, Sprint merger request new trial date in December

An attorney for a group of 13 state attorneys general who filed a lawsuit in hopes of stopping T-Mobile U.S. Inc's $26 billion merger with Sprint Corp has requested a new trial date for the case.

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Oil drops as Fed signals rate cuts may be limited

Oil prices fell more than $1 on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes for a string of rate cuts and Sino-U.S. trade talks ended without progress.

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