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Goldman loses four Asia prime brokerage execs to rivals

HONG KONG (Reuters) - At least four mid‑level executives are leaving Goldman Sachs Group's <GS. N> Asia prime brokerage unit to join rival banks, people...

Germany's private sector expands faster in April: PMI

BERLIN (Reuters) - Germany's private sector expanded faster in April, recovering from a slight slowdown in growth in March, as both manufacturing and services industry...

Tech giants win big in first quarter results

Summary: Apple's 7-for-1 stock split; Facebook profit triples; stocks break six‑day winning streak; Boeing earnings beat forecasts; Amazon's HBO deal. Bobbi Rebell reports....

US, euro zone activity up; China decline slows

NEW YORK/LONDON (Reuters) - The U. S. manufacturing sector expanded in April and the euro zone private sector started the second quarter on its strongest...

Cost‑cutting, share buybacks buoy US defense profits

WASHINGTON (Reuters) - The biggest U. S. weapons makers posted higher profits this week and raised their forecasts for 2014 earnings, sending shares higher despite...

Boeing posts higher adjusted profit, lifts 2014 forecast

(Reuters) - Rising jet production helped Boeing Co post a 14 percent rise in adjusted net profit in the first quarter, beating estimates, and the...

Apple to boost share buyback and split stock

Apple on Wednesday said that it plans to buy back an additional $30 billion worth of shares and split its stock.

The moves backed by...

China to allow private investment in 80 projects

BEIJING (Reuters) - China will allow private investment in 80 projects spanning the energy, information and infrastructure sectors as part of reforms to increase privatization,...

AT&T margin weakness fuels concern about US cellular sector

NEW YORK (Reuters) - Increasingly aggressive discounting is taking a toll on AT&T Inc and U. S. cellular rivals as they struggle to attract customers...

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