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Switch it up this year: Buy in May, till November stay

NEW YORK "Sell in May and go away" is perhaps the oldest saw on Wall Street, but it appears there's no shortage of U.S. mutual funds doing exactly that this year. | Video

Recent Business News

In Aramco IPO pitch, Canada plays up its natural resources expertise

((This May 26th story corrects paragraph 12 to show Falih was speaking at news conference not to Reuters and adds comment on listing))

May 27 2017

Supply problems hit production at BMW: Focus

FRANKFURT Problems at one of its suppliers has forced German carmaker BMW to halt production in Leipzig and could hit its plants in China and South Africa, German magazine Focus reported in its online edition.

10:05am EDT

Russia squares up to Boeing, Airbus with maiden jet flight

MOSCOW Russia completed the maiden flight of its new MS-21 medium-range passenger plane on Sunday, its first post-Soviet foray into production of a mainline commercial aircraft which it hopes will rival those of its Western competitors.

Slim seeks to sell minority stake in tower company Telesites: sources

Billionaire Carlos Slim is looking to sell a minority stake in Telesites SAB de CV , the Mexican wireless tower company that he controls, people familiar with the matter said on Friday.

May 26 2017

OPEC ponders how to co-exist with U.S. shale oil

VIENNA First, they ignored each other. Then, they went into a bruising fight. Finally, they are talking, albeit with opposing agendas.

May 26 2017

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