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Dollar hurt by U.S. shutdown fears, Treasury yields at highest since 2014

LONDON The dollar wallowed near three-year lows on Friday as heightened fears of a U.S. government shutdown unnerved investors, while U.S. Treasury yields continued an upward march to hit their highest levels since September 2014.

Recent Business News

Wall Street traders brace for meager paychecks as bonus season approaches

NEW YORK Some traders at the largest Wall Street banks are about to get big, fat zeroes for bonuses while they watch markets thrive.

1:20am EST

Emirates A380 orders allow Airbus to maintain minimum production - COO

PARIS Airbus Chief Operating Officer Fabrice Bregier said on Friday that Emirates' latest order for up to 36 A380 aircraft worth $16 billion at list price would allow the European planemaker to maintain a minimum production level of the superjumbo.

1:50am EST

Amazon's review of Toronto could escalate tension with Trump

TORONTO Amazon.com Inc's inclusion of Canada's largest city on a list of 20 finalists for a massive new campus could escalate tensions between the tech giant and U.S. President Donald Trump. | Video

Jan 18 2018

HSBC to pay $100 million to settle U.S. probe into currency rigging

HSBC Holdings Plc on Thursday agreed to pay $101.5 million to settle a U.S. criminal probe into the rigging of currency transactions, which has already led the conviction of one of its former bankers.

Jan 18 2018

Possible Buffett successor Jain reports $109 million Berkshire stake

Ajit Jain, who was recently appointed a vice chairman of Warren Buffett's Berkshire Hathaway Inc , on Thursday reported ownership of roughly $109 million of the conglomerate's stock.

Jan 18 2018


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