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Business

Chevron CEO sees continued ‘choppy economic and price activity’

By disgalaxycom July 30, 2020July 24, 2020

The chief executive of U.S. oil giant Chevron Corp on Monday said the uncertainty of the COVID-19 pandemic has it planning for “choppy” oil prices and economic activity globally. Chevron…

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Business

Equity markets rebound on EU fund optimism; gold edges higher

By disgalaxycom July 29, 2020July 24, 2020

Global equity markets rebounded on Monday on optimism the European Union would approve a recovery fund to help revive regional economies hit by the coronavirus, but worries about the pandemic’s…

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Business

Brazil will authorize payments system involving WhatsApp if rules are respected, central bank director says

By disgalaxycom July 28, 2020July 24, 2020

Brazil’s central bank will authorize a payments system involving Facebook Inc’s (FB.O) WhatsApp messaging service, to send money and make payments via chats, as long as all rules are respected,…

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Business

SoftBank pulls investment from Credit Suisse funds

By disgalaxycom July 27, 2020July 24, 2020

SoftBank (9984.T) has pulled a more than $500 million investment from Credit Suisse’s (CSGN.S) supply chain finance funds after the Swiss bank reviewed the funds including the Japanese conglomerate’s role,…

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Business

Euro hits highest level in over four months on EU recovery fund expectations

By disgalaxycom July 26, 2020July 24, 2020

The euro climbed to its highest in more than four months against the dollar on Monday on hopes for an imminent agreement on a recovery fund for European Union economies…

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Business

Whole Foods punishes workers wearing Black Lives Matter face masks

By disgalaxycom July 25, 2020July 24, 2020

Whole Foods Market was sued on Monday by employees who accused the upscale grocery chain of punishing workers who wear “Black Lives Matter” face masks on the job. The 14…

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Business

Tesla share rally propels some early fan investors to riches

By disgalaxycom July 24, 2020July 24, 2020

Convinced of Tesla Inc’s (TSLA.O) imminent meteoric rise, Orestis Palampougioukis, a Netherlands-based software developer, took out a 43,000 euro ($49,000) loan in early October to invest it all in the…

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