By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar slipped on Friday, as its safe-haven allure diminished, on hopes of a potential vaccine for the novel coronavirus that outweighed concerns about the surge in infections in...
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Exclusive: TIM excludes Huawei from 5G core equipment tender
By Elvira Pollina MILAN (Reuters) – Telecom Italia (TIM) <TLIT.MI> excluded China’s Huawei Technologies from a tender it launched this month for 5G equipment for the core network it is preparing to build in Italy and...
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Oil rises as International Energy Agency boosts demand forecast
By Devika Krishna Kumar NEW YORK (Reuters) – Oil prices climbed more than 2% on Friday after the International Energy Agency (IEA) bumped up its 2020 demand forecast but record-breaking new coronavirus cases in the United States...
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Fed adds Apple, Anheuser-Busch, Expedia to its bond holdings
By Ann Saphir and Jonnelle Marte (Reuters) – The U.S. Federal Reserve added $1.33 billion in bonds of individual companies from June 22 to June 30, including iPhone maker Apple Inc<AAPL.O>, beer-producer Anheuser-Busch...
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‘The Ultimate Hold’: Why Disney has investors stuck in place
By David Randall NEW YORK (Reuters) – Walt Disney Co is planning to reopen its Orlando-based Walt Disney World theme park on July 11, ending the longest shutdown of the company’s highly profitable U.S. theme park division in...
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Fiat Chrysler recalls more than 900,000 U.S. vehicles due to faulty air bag covers
(Reuters) – Fiat Chrysler Automobiles NV <FCAU.N> said on Friday it would recall about 925,239 of its older model vehicles in the United States to replace air bag covers on their steering wheels after 14 potentially related...
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