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Asia shares adrift for U.S. holiday, focus on Unilever

SYDNEY Asian share markets were mixed on Monday as political uncertainty globally kept the mood cautious, while the U.S. dollar dithered in a tight range ahead of a busy week for Federal Reserve events.

Recent Business News

Snap bets on hardware as Facebook threat looms

SAN FRANCISCO Snap Inc takes to the road in London on Monday to promote its initial public offering with a daring proposition: that it can build hot-selling hardware gadgets and ad-friendly software features fast enough to stay one step ahead of Facebook.

4:06am EST

Hong Kong union joins critics of McDonald's HK, China sale, sees pay squeeze

HONG KONG The Hong Kong Confederation of Trade Unions (HKCTU) warned that McDonald's Corp's up-to-$2.1 billion sale of its Hong Kong and China operations could hit workers' pay, adding to growing criticism of the deal on the mainland and elsewhere.

Feb 19 2017

Japan Inc signals boost to domestic capex but less keen on the U.S.: Reuters poll

TOKYO One third of Japanese firms are looking to lift business investment at home in the next financial year, but companies are less bullish about capital spending in the United States due to uncertainty over the Trump administration's policies, a Reuters poll showed.

Feb 19 2017

Amazon to create over 5,000 jobs in Britain in 2017

LONDON Online retailer Amazon is set to create more than 5,000 jobs in Britain this year, the company said on Monday, boosting its investment in the country once more even as it prepares to leave the European Union.

Feb 19 2017

Uber CEO orders 'urgent investigation' on sexual harassment claims

The chief executive of Uber Technologies Inc [UBER.UL] has ordered an "urgent investigation" into claims of sexual harassment at the ride-hailing service made by a former employee.

2:29am EST

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