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Tag Archives: markets

Twitter Reports Slowest Quarterly Revenue Growth, Shares Slump

Buyers hammered Twitter Inc on Thursday after the social community reported its slowest quarterly income progress since going public in 2013, struggling to draw advertisers amid intense competitors from Snap Inc’s Snapchat and Fb Inc. The corporate’s shares fell as a lot as 10 percent to $16.81 in premarket buying and selling. Income grew simply…

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Canada gives aid to Bombardier, vows to defend any trade dispute

MONTREAL – The Canadian authorities on Tuesday introduced C$372.5 million ($283 million) in repayable loans for 2 of Bombardier Inc’s jet packages, promising to defend the deal towards a possible commerce problem by Brazil. Whereas the help was far lower than the $1 billion initially sought by the Canadian airplane and practice maker, Chief Executive…

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Wal-Mart aims to leverage British arm Asda back to health

LONDON – Wal-Mart is throwing its weight because the world’s largest retailer behind its struggling British arm Asda after admitting it was too gradual to reply successfully to the menace posed by the low cost supermarkets. Asda thrived for a decade as Britain’s most cost-effective grocery store after it was purchased by Wal-Mart in 1999…

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