LONDON (Reuters) – Nestle (NESN.S) and Unilever (ULVR.L) (UNc.AS), two of the world’s biggest consumer goods makers, both reported a pick-up in quarterly sales on Thursday after getting higher prices for their products. FILE PHOTO: The Nestle Research Center is pictured in Orbe, Switzerland May 31, 2018. REUTERS/Denis Balibouse/File Photo The increased cost of oil,
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NEW YORK (Reuters) – Blackstone Group LP (BX.N), the world’s largest manager of alternative assets, modestly exceeded analyst expectations with an 11 percent jump in third-quarter earnings on Thursday, as climbing equity markets buoyed its holdings. FILE PHOTO: The ticker and trading information for Blackstone Group is displayed at the post where it is traded
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LONDON (Reuters) – Philip Morris International (PM.N), maker of Marlboro cigarettes among others, reported higher than expected quarterly sales and profit on Thursday, helped by its IQOS tobacco-heating device. FILE PHOTO: The Philip Morris iQOS heat-not-burn electronic cigarette is pictured in this illustration photo April 23, 2018. REUTERS/Toru Hanai/Illustration The company reported third-quarter earnings per
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STOCKHOLM (Reuters) – Mobile telecom gear maker Ericsson (ERICb.ST) said on Thursday that it has dismissed 50 people over a U.S. corruption probe it warned could lead to a financial penalty. FILE PHOTO: Ericsson Chief Executive Officer Borje Ekholm holds a news conference during the Mobile World Congress in Barcelona, Spain February 26, 2018. REUTERS/Yves
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(Reuters) – U.S. stock futures fell on Thursday after the Federal Reserve’s minutes showed policy makers broadly agreed on the need to raise interest rates further, fanning concerns that triggered a brutal selloff last week. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 16,
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LONDON (Reuters) – The dollar held near a one-week high on Thursday and stocks were mixed after minutes showing the Federal Reserve may favor more rate hikes next year. FILE PHOTO: A U.S. Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration/File Photo S&P 500 futures pointed to a softer open
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MACAU (Reuters) – The son of billionaire Macau casino magnate Stanley Ho on Thursday announced the revival of an entertainment project left dormant for eight years, as authorities move to seize idle land in the world’s largest gambling hub. Lisboeta resort project is introduced by Macau Theme Park and Resort Limited Director Arnaldo Ho, son
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BEIJING (Reuters) – Tesla Inc has signed an agreement with the Shanghai government for an 860,000 square meter plot of land to build its first overseas Gigafactory, the electric carmaker said in a Chinese social media post on Wednesday. The land agreement marks a key step toward the firm and its Chief Executive Elon Musk
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