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Starbucks’ CEO transition unlikely to stymie growth: analysts

Starbucks’ CEO transition unlikely to stymie growth: analysts

By Sruthi Ramakrishnan (Reuters) - Starbucks Chief Executive Howard Schultz's decision to step down is unlikely to hamper growth at the world's biggest coffee chain as his successor Kev ...

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U.S. payrolls rise solidly; jobless rate falls to nine-year low

U.S. payrolls rise solidly; jobless rate falls to nine-year low

By Lucia Mutikani WASHINGTON (Reuters) - U.S. employers boosted hiring in November and the unemployment rate dropped to a more than nine-year low of 4.6 percent, making it almost certai ...

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Oil edges up, steady after big OPEC-driven weekly rally

Oil edges up, steady after big OPEC-driven weekly rally

By Devika Krishna Kumar NEW YORK (Reuters) - Oil prices edged higher on Friday, steady above $51 a barrel, with Brent crude on track for its biggest weekly rally since 2009, following O ...

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Bond yields fall on U.S. jobs data, euro flat before Italy vote

Bond yields fall on U.S. jobs data, euro flat before Italy vote

By Richard Leong NEW YORK (Reuters) - Bond yields fell on Friday as solid U.S. jobs data reinforced the view that the Federal Reserve would raise interest rates gradually, while stock a ...

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Brazil’s Braskem shares jump as deal in graft probe seen imminent

Brazil’s Braskem shares jump as deal in graft probe seen imminent

SAO PAULO (Reuters) - Shares in Braskem SA soared 10 percent in their biggest intraday gain in more than two months on Friday after Latin America's largest petrochemical firm said it is ...

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Exclusive: Stagger Brexit over years or we could leave – Banks to Britain

Exclusive: Stagger Brexit over years or we could leave – Banks to Britain

By Huw Jones, Anjuli Davies and Andrew MacAskill LONDON (Reuters) - Britain must negotiate a staggered departure from the European Union over several years or risk banks leaving the cou ...

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Brazil court calls McDonald’s to hearing for alleged labor violations

Brazil court calls McDonald’s to hearing for alleged labor violations

SAO PAULO (Reuters) - Brazilian labor authorities on Friday called local McDonald's Corp <MCD.N> representatives to a hearing on Dec. 13 over alleged violations of the country's l ...

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Delta Air Lines lowers profit forecast due to new pilot contract

Delta Air Lines lowers profit forecast due to new pilot contract

(Reuters) - Delta Air Lines Inc <DAL.N> said on Friday it would take a $475 million hit in the fourth quarter from a new contract that hikes pilots' pay retroactively to the begin ...

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Investor Cuban to testify at Senate hearing on AT&T-Time Warner deal

Investor Cuban to testify at Senate hearing on AT&T-Time Warner deal

By David Shepardson WASHINGTON (Reuters) - Billionaire investor Mark Cuban will be among the witnesses scheduled to testify at a U.S. Senate Judiciary panel hearing on Dec. 7 on AT& ...

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Ford recalls 680,000 vehicles including Fusion, MKZ

Ford recalls 680,000 vehicles including Fusion, MKZ

(Reuters) - Ford Motor Co <F.N> said on Friday it will recall about 680,000 of its Ford Fusion and Lincoln MKZ sedans to fix a seat belt issue. About 602,000 of the vehicles recal ...

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S&P, Nasdaq rise after two days of losses; Dow slips

S&P, Nasdaq rise after two days of losses; Dow slips

By Yashaswini Swamynathan (Reuters) - The S&P 500 and the Nasdaq rose in morning trade on Friday, lifted by gains in consumer staples and utility stocks, while the Dow was weighed d ...

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Ahead of promised cut, Russia’s oil output hits record high

Ahead of promised cut, Russia’s oil output hits record high

By Katya Golubkova MOSCOW (Reuters) - Russia plans to use its November oil production, which was its highest in almost 30 years, as its baseline when it cuts output under this week's de ...

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Wall St. opens flat after strong jobs report

Wall St. opens flat after strong jobs report

By Yashaswini Swamynathan (Reuters) - The S&P 500 and the Nasdaq rose in morning trade on Friday, lifted by gains in consumer staples and utility stocks, while the Dow was weighed d ...

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Payrolls rise solidly; jobless rate at nine-year low

Payrolls rise solidly; jobless rate at nine-year low

By Lucia Mutikani WASHINGTON (Reuters) - U.S. employers boosted hiring in November and the unemployment rate dropped to a more than nine-year low of 4.6 percent, making it almost certai ...

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Traders keep bets on Fed rate hike later this month

Traders keep bets on Fed rate hike later this month

(Reuters) - Traders of U.S. short-term interest-rate futures kept bets on Friday that the Federal Reserve will raise interest rates later this month, after a government report showed th ...

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