Confidence among Japan"s big firms remained unchanged from three months ago, a closely-watched central bank survey showed, but sentiment on the outlook soured for the first time in three quarters as trade frictions and global growth concerns hurt the business mood.
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Nissan Motor Co"s board may fail to select a chairman to succeed Carlos Ghosn as had been planned on Dec. 17 after a panel tasked to choose a candidate was unable to agree on a nominee in a meeting held Thursday, the Nikkei reported.
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Target Corp , Walmart Inc and toy importer LaRose Industries were sued on Thursday over the sale of lead-contaminated children"s toys, New York Attorney General Barbara Underwood said.
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Asian shares were on the defensive on Friday as investors kept a wary eye on economic tensions between Washington and Beijing while the euro was steady after the European Central Bank halted new bond purchases as expected.
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General Electric Co on Thursday said its digital unit would sell a majority stake in ServiceMax, a cloud-based provider of software used in inventory and workforce management, to technology-focused private equity firm Silver Lake.
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The risk of a U.S. recession in the next two years has risen to 40 percent, according to a Reuters poll of economists who also found a significant shift in expectations toward fewer Federal Reserve interest rate rises next year.
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The French government is seeking candidates to replace Renault"s embattled boss Carlos Ghosn, sources told Reuters, as board members began to voice doubts about keeping him in office following his indictment in Japan for suspected misconduct.
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Costco Wholesale Corp"s gross margins fell in the first quarter, as the warehouse operator paid higher wages, ramped up investments in its online business and cut prices amid intense competition in the grocery industry.
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A federal judge on Thursday ruled that evidence provided by chip supplier Qualcomm Inc that major phone makers like Apple Inc have moved to competing suppliers like Intel Corp cannot be used to fight allegations Qualcomm acted to preserve a monopoly on some mobile phone chips.
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PG&E Corp said on Thursday it had requested California"s top utilities regulator for a 12 percent rate hike in 2020 to fund its community wildfire safety program, insurance liabilities, and core gas and electric operations.
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