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Asia shares race to two-year high as Fed signals no rush to tighten

TOKYO Asian shares scaled two-year highs on Thursday while the dollar and U.S. bond yields slipped after the U.S. Federal Reserve signaled a cautious approach to future rate hikes and the reduction of its $4.5 trillion of bond holdings.

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U.S. oilfield service firms lag shale recovery; old deals hold

HOUSTON U.S. oil services companies have been doing a lot more work as recovering oil prices have lifted the shale industry from a two-year slump, but producers have been pocketing much of the new cash generated by rising output and squeezing service providers to keep costs down.

1:49am EDT

Exclusive: Facebook signs BuzzFeed, Vox, others for original video shows - sources

NEW YORK Facebook Inc has signed deals with millennial-focused news and entertainment creators Vox Media, BuzzFeed, ATTN, Group Nine Media and others to make shows for its upcoming video service, which will feature long and short-form content with ad breaks, according to several sources familiar with the situation. | Video

Worker advocacy group report says Tesla's injury rate higher than average

SAN FRANCISCO A California-based workers advocacy group released a report on Wednesday saying that Tesla Inc data showed its workers have been injured at a rate a third higher than the auto industry average.

May 24 2017

Software update can fix Fiat Chrysler's U.S. diesel issue: lawyer

WASHINGTON Fiat Chrysler Automobiles NV believes a software update can address U.S. regulators' contention that its diesel vehicles are producing excess emissions, a lawyer for the company said at a court hearing on Wednesday.

May 24 2017

Most Japan firms favor cautious approach to any Toshiba delisting: poll

TOKYO Most Japanese firms believe the Tokyo bourse should be cautious in its approach to any delisting of embattled Toshiba Corp , concerned about the potential impact on its clients, subcontractors and financial markets, a Reuters poll showed.

May 24 2017

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