TOKYO (Reuters) – Japan’s services sector activity contracted at the fastest pace in five months in January in a sign businesses faced pressure from a record surge in new coronavirus infections due to the Omicron variant. The...
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Dollar to stay dominant, but big Fed push needed to climb higher: Reuters Poll
By Hari Kishan and Shrutee Sarkar BENGALURU (Reuters) – The U.S. dollar will reign supreme for at least another 3-6 months, a Reuters poll of strategists found, saying it will take a significant change in market expectations for...
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China smartphone demand helps lift forecasts for chipmaker Qualcomm
By Tiyashi Datta and Jane Lanhee Lee (Reuters) -Qualcomm Inc posted record first-quarter revenue on Wednesday and beat Wall Street forecasts for the current quarter, boosted by strong growth in the Android business and demand from...
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U.S. dollar falls on weak private jobs data; euro up as inflation perks up
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar declined to a more than a one-week low on Wednesday after data showed a drop in U.S. private sector employment in January due to the increase in COVID-19 infections....
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Autonomous vehicles need stricter rules -U.S. safety group, labor unions
By David Shepardson WASHINGTON (Reuters) – U.S. labor unions and a consumer safety advocate on Wednesday urged the Biden administration to add more safeguards to ensure autonomous vehicles are safe before being deployed in wide...
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U.S. House China competition bill heads to passage this week
By David Shepardson and Patricia Zengerle WASHINGTON (Reuters) – The U.S. House of Representatives on Wednesday advanced a multibillion-dollar bill aimed at increasing American competitiveness with China and boosting U.S....
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