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Huawei said Monday that U.S. sanctions on the company are partly to blame for the ongoing global chip shortage thats the subject of a White House conference on Monday. Eric Xu, Huaweis rotating chairman, said the sanctions imposed over the last two years on the Chinese tech company are,...

Asian Shares KickOff Week on Cautious Note as COVID19 Cases Spike

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COVID19 cases rise in Asia and Australia Markets give thumbs up to US bipartisan infrastructure deal Oil climbs to highest level since October 2018 Money market activity...

Dollar Off to Firm Start as Focus Shifts to Jobs Data

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The dollar held firm on Monday as investor focus shifted to the U.S. labour market, following softerthanexpected inflation data last week that has done...

UK Retail Sales Jump in June, Stocks Dwindle CBI

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LONDON Reuters British retailers reported a jump in sales in June as the countrys fast vaccination programme encouraged shoppers to go out and...

Indian Shares Rise on Financials, Post Weekly Gains

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BENGALURU, June 25 Reuters Indian shares closed higher on Friday, booking their fifth weekly gain in six weeks as falling COVID19 cases and...

German Fintechs Raisin and Deposit Solutions Join Forces

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BERLIN, June 25 Reuters Two of Germanys largest fintech startups Deposit Solutions and Raisin have agreed to join forces in a deal to...

Brazils BRF Buys Pet Food Firm Mogiana Alimentos

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SAO PAULO, June 25 Reuters Brazilian food processor BRF SA has acquired 100 of pet products company Mogiana Alimentos, a securities filing showed...

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