TAIPEI (Reuters) – Taiwan’s economics ministry said it is “deeply concerned” about the antitrust agency imposing a $775 million fine on Qualcomm Inc (QCOM.O), in a rare public display of disagreement between authorities. Taiwan’s Fair Trade Commission (FTC) fined Qualcomm last week, saying the U.S. chipmaker had abused its monopolistic position by opting against licensing
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SYDNEY (Reuters) – Asian shares consolidated recent gains and currencies kept to tight ranges on Wednesday as investors waited to see what policies might emerge from China’s Communist Party conference. The twice-a-decade congress is expected to cement the power of President Xi Jinping, who kicked off the week-long event with a wide-ranging speech in which
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(Reuters) – New York Yankees slugger Aaron Judge delivered once again with a home run that paved the way for a come-from-behind 6-4 win over the Houston Astros on Tuesday, squaring their best-of-seven American League Championship Series at 2-2. With the Yankees trailing 4-0 in the seventh inning, the 6-foot 7-inch (201 cm) slugger sent
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BEIJING (Reuters) – China’s campaign against corruption has achieved “overwhelming momentum”, President Xi Jinping said on Wednesday at the start of a critical Communist Party congress expected to cement his authority. Xi’s speech kicks off the twice-a-decade congress, a week-long, mostly closed-door conclave that will culminate with the selection of a new Politburo Standing Committee
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SAO PAULO (Reuters) – Amazon.com Inc began offering electronics from third-party sellers to Brazilian shoppers on Wednesday, expanding beyond books in the fiercely competitive e-commerce market in Latin America’s largest economy. The long-awaited move will offer televisions, cell phones and laptops from hundreds of independent sellers on Amazon’s website in Brazil without involving the company
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(Reuters) – Viacom Inc and cable operator Spectrum have agreed on a multi-year programming deal that keeps Nickelodeon, Comedy Central and Viacom’s 21 other networks in 16.6 million households, the companies said on Tuesday. “Viacom and Charter have reached an agreement in principle. Spectrum subscribers will continue to have access to Viacom’s networks, without disruption,
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SANTA ROSA, Calif. (Reuters) – Crews fought their way across rugged, steep terrain on Tuesday in a push to gain full control of the deadliest wildfires in California history, as search-and-rescue teams picked through an ashy moonscape of destroyed homes looking for victims. Though a dozen major blazes were still burning across the region, where
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CARACAS (Reuters) – President Nicolas Maduro defended Venezuela’s “secure” election system on Tuesday as opponents struggled to present a united front over allegations of fraud in a nationwide vote surprisingly won by the ruling socialists. Despite widespread anger over economic hardship, the Socialist Party confounded opinion polls to take 17 of 23 governorships in Sunday’s
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BEIRUT (Reuters) – A British-Iranian charity worker serving a jail sentence in Tehran received a letter from ex-prime minister David Cameron that showed she had ties to the British government, a prosecutor said on Tuesday, according to Mizan, the news site of the Iranian judiciary. Nazanin Zaghari-Ratcliffe, a project manager with the Thomson Reuters Foundation,
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WASHINGTON (Reuters) – Republican Senator Lamar Alexander said on Tuesday he had reached a deal with Democratic Senator Patty Murray to stabilize Obamacare, including reinstating federal subsidies that President Donald Trump jettisoned last week. The proposal would extend the subsidies to insurers for two years and provide states with more flexibility to make changes to
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(Reuters) – Sainsbury‘s, Britain’s second biggest supermarket group behind Tesco, is seeking to cut up to 2,000 jobs mainly in its payroll and human resources departments, a company spokesman said on Tuesday. Sainsbury’s is consulting on measures that would lead to a loss of 1,400 jobs by removing all in-store human resource and payroll clerk
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LUXEMBOURG/BRUSSELS (Reuters) – Theresa May will make a pitch to fellow EU leaders in Brussels on Thursday as she tries to break a deadlock in Brexit talks that has left Britain’s future trading position up in the air. But EU officials expect no movement in negotiating positions from either side before the other 27 leaders
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BUENOS AIRES (Reuters) – Three Argentine judges ordered that a key official in former President Cristina Fernandez’s government be detained on Tuesday as part of a probe into an alleged case of fraud. The request to detain former planning minister and current lawmaker Julio De Vido comes five days before the country’s parliamentary elections in
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