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Ericsson to pay over $1 billion to resolve corruption charges

In an announcement on Friday, the U.S Department of Justice revealed that the Swedish multinational networking and telecommunications company, Ericson, has shown willingness to pay more than $1 billion to resolve the corruption charges that highlight the company to have...

Trade optimism fuels FTSE 100 index out of a two-month low

U.S – China trade complications have made it increasingly difficult to analyze the global financial markets with precision in 2019. Despite several tensions including Washington’s signature on Hong Kong’s prodemocracy bill and China insisting for a rollback on the previously...

Asia stocks rise ahead of U.S. jobs data.

On Friday, stocks in Asian rose ahead of the US jobs data for November expected later today. Mainland Chinese stocks were higher on Friday, with the Shenzhen composite component adding 0.81% to 9,878.62. The Shenzhen composite also advancing 0.821% to...

Macy’s President announces resignation to join Tractor Supply as a CEO

American department store chain, Macy’s, announced the departure of its president, Hal Lawton, earlier on Thursday. As per the announcement, Lawton’s resignation will be effective by Friday. The store further highlighted that the president has decided to opt for Tractor...

European shares rebound after Trump’s trade war scare

The European shares recovered on Wednesday from some losses made in the previous session. The rebound came after Trump surprised the world markets by saying the US-China trade deal could wait until after the 2020 presidential election in the U.S...

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