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Wall Street set to dip at open on tariff fears

U.S. stocks were set to open lower on Thursday as strong earnings, including from Microsoft, failed to ease fears of a trade war after President Donald Trump said he was ready to impose tariffs on $500 billion worth of Chinese imports.

Recent Business News

GE beats diminished profit expectations, trims cash flow target

U.S. industrial conglomerate General Electric Co reported a smaller-than-expected drop in quarterly profit on Friday as weakness in power and renewables energy offset gains in its aviation, oil and gas and healthcare units.

AT&T reveals three more cities for 5G launch by end of year

AT&T Inc on Friday named Oklahoma City, Charlotte and Raleigh, North Carolina, as three more cities where it plans launch its next-generation wireless network, or 5G, by the end of the year.

9:06am EDT

HSBC account freezes still hurting customers, a year on

LONDON After a year laying the groundwork for his Karachi-based clothing company's expansion to Europe, businessman Abdul Aziz was poised to start delivery to British shops such as TK MAXX.

7:27am EDT

SoftBank's Vision Fund to invest $1 billion in China AI startup: Bloomberg

SoftBank Group Corp's Vision Fund is seeking to invest almost $1 billion in SenseTime Group Ltd, a Chinese facial recognition technology developer, Bloomberg reported on Friday.

2:06am EDT

Japan Inc to chase casino stakes as key law passes: industry insiders

TOKYO Japanese firms are likely to pursue stakes in the country's first casino resorts, after parliament on Friday enacted a law smoothing the way for large-scale gambling - a business expected to generate billions of dollars in revenue. | Video

Japan, World 9:00am EDT

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