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Asian shares hit two-year high after Fed signals gradual tightening

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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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

Oil prices rise in anticipation of extended OPEC-led production cut

SINGAPORE Oil prices rose by one percent ahead of an OPEC meeting on Thursday that is expected to extend output cuts into 2018, adding at least nine months to an initial six-month cut in the first half of this year.

May 24 2017

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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