Business

SYDNEY (Reuters) – Investors are turning against Australia’s big banks as earnings tumble, growth plans are abandoned, and fee income cut in the fallout from a powerful financial sector misconduct inquiry and more challenging economic conditions. A man walks past ATM machines at a National Australia Bank branch in Sydney, Australia April 20, 2018. REUTERS/Edgar
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(Reuters) – Canadian airplane maker Bombardier Inc (BBDb.TO) has sued the aircraft unit of Japan’s Mitsubishi Heavy Industries Ltd (7011.T), saying former Bombardier employees passed on trade secrets to help Mitsubishi’s oft-delayed regional jet project. FILE PHOTO: A Bombardier logo is pictured during the European Business Aviation Convention & Exhibition (EBACE) at Geneva Airport, Switzerland
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TOKYO (Reuters) – The CEO of Mitsubishi UFJ Financial Group’s (8306.T) banking arm will not attend the Future Investment Initiative conference in Saudi Arabia, the group said on Sunday, joining a growing list of business executives to withdraw over concern about the death of journalist Jamal Khashoggi. FILE PHOTO: Deputy President of the Bank of
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SAN FRANCISCO (Reuters) – The pressure is on for Amazon, Alphabet and Microsoft as they prepare to report quarterly results at a time when confidence in those market leaders looks increasingly fragile and in danger of derailing Wall Street’s rally. Traders work on the floor of the New York Stock Exchange (NYSE) in New York,
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(Reuters) – Apple Inc Chief Executive Tim Cook on Friday told an online news website that Bloomberg should retract a story that claimed Apple’s internal computer systems had been infiltrated by malicious computer chips inserted by Chinese intelligence agents. Tim Cook, CEO of Apple, speaks during a demonstration of the newly released Apple products following
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