By Leika Kihara and Takahiko Wada KYOTO(Reuters) – The coronavirus pandemic is deepening the pain for Japan’s regional lenders, heightening concerns that a potential wave of business closures will test policymakers’...
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U.S. judge denies claims Uber won price-fixing suit because arbitrator was scared
By Tina Bellon NEW YORK (Reuters) – A U.S. judge on Monday denied a request by an Uber Technologies Inc <UBER.N> customer to overturn an arbitration win for the company in a price-fixing case over claims the arbitrator only...
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China pursues economic self-reliance as external risks grow: advisers
By Kevin Yao BEIJING (Reuters) – China is looking to reduce its reliance on overseas markets and technology for its economic development, government advisers say, as U.S. hostility and a global pandemic increase external risks that...
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Japan’s Nintendo seen posting bumper profit as fans await pipeline update
By Sam Nussey TOKYO – Japan’s Nintendo Co Ltd <7974.T> on Thursday is expected to post a 160% jump in first-quarter operating profit as its hit Switch console and titles like Animal Crossing: New Horizons look set to...
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Beyond Meat racks up high COVID-19 operational costs, shares fall 7%
By Richa Naidu and Nivedita Balu (Reuters) – Beyond Meat Inc’s <BYND.O> quarterly results showed on Tuesday that the plant-based burger maker spent more than expected on dealing with the fallout of weak demand from...
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Virgin Atlantic Airways seeks U.S. Chapter 15 bankruptcy protection
By David Shepardson and Kate Holton WASHINGTON/LONDON (Reuters) – Virgin Atlantic Airways Ltd [VA.UL] is seeking protection from creditors in the United States under Chapter 15 of the U.S. Bankruptcy Code, which allows a foreign...
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