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Qualcomm-NXP $43 Billion Deal Approved by Chinese Regulators

Qualcomm-NXP $43 Billion Deal Approved by Chinese Regulators

QUALCOMM, Inc. (NASDAQ: QCOM) acquisition of NXP Semiconductors NV for $43 billion has been approved by Chinese regulators. The approval, which has been pending for 18 months, removes the final obstacle to the purchase. The decision will allow the t..

Amazon’s New Moves in the UK Grocery Business are Generating Jobs

Amazon’s New Moves in the UK Grocery Business are Generating Jobs

Amazon.com, Inc. (NASDAQ: AMZN) will add over 2,500 new permanent jobs in Britain this year, increasing its UK workforce to about 28,000, said the U.S. retailer on wednesday.It will include jobs in the head office, research and development, web ser..

U.S. reached deal to save Chinese telecom ZTE Corp

U.S. reached deal to save Chinese telecom ZTE Corp

Lawmakers were told by the Trump administration that the U.S. government reached a deal to bring Chinese telecommunications company ZTE Corp back into business, according to Reuters.The deal involves ZTE paying a huge fine, placing American complian..

Deutsche Bank Shares Slip After Plans to Cut 7000 Jobs

Deutsche Bank Shares Slip After Plans to Cut 7000 Jobs

Deutsche Bank (NYSE:DB) shares slipped by 6.4 percent after it announced to cut more than 7,000 jobs to reduce expenses and return profitability back to reassure investors and clients.The bank released a statement regarding its Equities business rev..

China to Cut Auto Import Tariffs

China to Cut Auto Import Tariffs

China announced to make massive cut to auto import tariffs, a move to further open up the world’s largest auto market to international auto makers.China’s Finance Ministry said it will cut import tariffs on some of the vehicles to 15 per..

Easing Trade Tensions Portend Steady Stock Markets

Easing Trade Tensions Portend Steady Stock Markets

Easing trade tensions between China and the United States mean US stocks can only go up on May 14. Futures predicted a 0.2 percent opening gain for S&P 500. The Dow Jones Industrial Average or DJIS may go up by 0.3 percent. The Stoxx Europe 600 ..

US Stock Markets and Earnings Influence

US Stock Markets and Earnings Influence

Come April second week, the stock markets will be influenced by corporate revenues, management, and profits. This will make a break from the long-time influencers like big technology and trade tensions. The first off the block will be JP Morgan Chas..