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GoDaddy in exclusive talks to buy Host Europe: sources

U.S. website domain name provider GoDaddy is in exclusive talks to buy peer Host Europe Group (HEG) as it seeks to expand in higher-margin businesses beyond the initial set-up of websites, people close to the matter said. Arizona-based GoDaddy, the world's largest website address registrar, has branched into hosting websites itself for small businesses and consumers. A purchase of HEG would help GoDaddy accelerate its shift into the more profitable

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GoDaddy in exclusive talks to buy Host Europe: sources

J&J makes takeover approach for Swiss drugmaker Actelion: Bloomberg

(Reuters) – U.S. healthcare company Johnson & Johnson has approached Swiss biotechnology firm Actelion Ltd about a potential takeover, Bloomberg reported on Thursday, citing people it said were familiar with the matter. The report said that deliberations are still at an early stage following Johnson & Johnson's initial offer, and Actelion is working with an adviser to explore options. Johnson & Johnson Chief Executive Alex Gorsky said earlier this year that the company

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J&J makes takeover approach for Swiss drugmaker Actelion: Bloomberg

Thanksgiving sales surge online as shoppers stay home for holiday

At the start of the first holiday shopping season since the election of Donald Trump as president on November 8, U.S. consumers loosened their purse strings and spent $1.15 billion online between midnight and…

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Thanksgiving sales surge online as shoppers stay home for holiday

Oil prices fall on strong dollar, trading thin ahead of OPEC meeting

By Henning Gloystein SINGAPORE (Reuters) – Oil prices fell on Friday, under pressure from a strong dollar, but activity was low after the U.S. Thanksgiving holiday and with many traders reluctant to take big…

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Oil prices fall on strong dollar, trading thin ahead of OPEC meeting

Wells Fargo asks U.S. court to dismiss account scandal lawsuit

Wells Fargo & Co has asked a U.S. court to order dozens of customers who are suing the bank over the opening of unauthorized accounts to resolve their disputes in private arbitrations instead of court, according to legal documents. The motion, filed in the U.S. District Court in Utah on Wednesday, is in response to the first class action lawsuit filed…

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Wells Fargo asks U.S. court to dismiss account scandal lawsuit

U.S. retailers push deals early as Black Friday loses focus

With sales on Black Friday slipping, U.S. retailers are offering pre-Thanksgiving deals even earlier than in recent years to draw shoppers as the day after no longer marks a spending peak at brick-and-mortar chains. Many retailers have started opening their stores on Thanksgiving evening to boost customer traffic and sales. Wal-Mart has already said it will increase inventory by more than half this year and make deals typically reserved for

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U.S. retailers push deals early as Black Friday loses focus

Federal Reserve finalizes lower dividend for member banks

The U.S. Federal Reserve finalized a reduction of its dividend payments on Wednesday, carrying out a measure Congress passed last year to help pay for the country's roads and bridges. The transportation bill approved in December lowered the rate for dividends the Federal Reserve pays its member banks.

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Federal Reserve finalizes lower dividend for member banks

As Trump disses TPP, China says to ‘play role’ in Asia-Pacific integration

China will “play its role” in promoting economic integration in the Asia-Pacific, the foreign ministry said on Wednesday, after U.S. President-elect Donald Trump said he would kill an ambitious regional trade pact. Trump's statement appeared to open the way for China to assume the United States' leadership mantle on trade and diplomacy in Asia.

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As Trump disses TPP, China says to ‘play role’ in Asia-Pacific integration

Exclusive: Microsoft set to win EU approval for LinkedIn buy – sources

Microsoft is set to gain EU approval for its $26 billion buy of professional social network LinkedIn with tweaks to concessions aimed at addressing competition concerns, three people close to the matter said on Wednesday. Microsoft last week told the European Commission that it would still allow LinkedIn's rivals access to

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Exclusive: Microsoft set to win EU approval for LinkedIn buy – sources

U.S. factory, confidence data brighten economic outlook

New orders for U.S. manufactured capital goods rebounded in October, driven by rising demand for machinery and a range of other equipment, the latest indication of an acceleration in economic growth early in the fourth quarter. The brightening economic outlook received a further boost from other data on Wednesday showing a jump in consumer sentiment this month in the wake of the election of Donald Trump as the next president. While the number of people filing for unemployment benefits…

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U.S. factory, confidence data brighten economic outlook

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