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Crude oil futures rise after U.S. stockpiles fall

July 20, 2016 by · Leave a Comment 

TOKYO (Reuters) – Oil futures rose in early Asian trading on Wednesday after an industry group released weekly figures showing U.S. stockpiles fell more than expected last week.

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Crude oil futures rise after U.S. stockpiles fall

two-companies

Cloud business boosts Microsoft’s quarterly revenue, shares rise

July 20, 2016 by · Leave a Comment 

“Only two companies are setting the tone of enterprise computing, Microsoft Azure and Amazon AWS,” said Trip Chowdhry, managing director of Global Equities Research, referring to Amazon.com Inc's web services unit. Microsoft's revenue in what it calls its “intelligent cloud” businesses, which includes the Azure cloud platform and server software, rose 7 percent to $6.7 billion. Revenue for Azure – which customers can use to host their website, apps or data –

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Cloud business boosts Microsoft’s quarterly revenue, shares rise

two-companies

Apple fires back at Spotify over music streaming claims

July 3, 2016 by · Leave a Comment 

SAN FRANCISCO/STOCKHOLM (Reuters) – Apple Inc fought back on Friday against Spotify's claims that the U.S. tech giant had hampered competition in music streaming by rejecting an update to the Swedish service's iPhone app. The two companies have gone head to head in the battle…

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Apple fires back at Spotify over music streaming claims

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GM, Lyft announce $500 million investment by automaker and strategic alliance

January 4, 2016 by · Leave a Comment 

By Steve Trousdale SAN FRANCISCO (Reuters) – General Motors Inc and Lyft Inc Monday announced an alliance to develop an on-demand network of autonomous vehicles as well as a $500 million investment by the automaker as part of a $1 billion fund-raising round by the ride-sharing service. The two companies said the partnership, which involves one of…

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GM, Lyft announce $500 million investment by automaker and strategic alliance

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AB InBev, SABMiller extend takeover deadline to November 11

November 4, 2015 by · Leave a Comment 

Brewer SABMiller Plc has extended the deadline for rival Anheuser-Busch InBev to make a formal $100 billion-plus takeover offer by a further week in order to finalize shareholder support for the deal. The two companies said in a joint statement on Wednesday that London's Panel on Takeovers and Mergers had granted SABMiller's request to push back the deadline to 5 p.m. (12.00 midnight ET) on Wednesday, November 11. The …

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AB InBev, SABMiller extend takeover deadline to November 11