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European shares suffer worst day since June as earnings underwhelm2017/11/11
MILAN/LONDON: European shares fell on Thursday as a series of underwhelming earning updates, including from industrial giant Siemens, (SIEGn.DE) prompted investors to take profits out of a market still trading near two-year highs.
The pan-European STOXX 600 benchmark index fell 1 ...

FMC Corp announces $300mn lithium investment in Argentina2017/11/10
BUENOS AIRES: Chemicals manufacturer FMC Corp said it would invest $300 million investment to double its lithium production in Argentina by 2019, its local affiliate said in a statement on Thursday. 
The investment in Catamarca province will more than double its output of lithium to 40,000 metric tonnes per year in two years, unit Minera del Altiplano said ...

Wall St. retreats on worries over delays in tax-cut plan2017/11/10
NEW YORK: The S&P and the Nasdaq were on track to post their biggest one-day percentage losses in about two weeks as doubts on whether Republican would be a able to pulloff their promised tax-cut plan weighed on the markets.
A U.S. Senate tax-cut bill, different from one already in the House of Representatives, was expected to be unveiled on Thursday, complicating the tax overhaul push by the Trump administration ...

Japan's Topix index hits near 11-year high on strong earnings hopes2017/11/09
TOKYO: Japan's Topix index hit a near 11-year high on Wednesday as foreign investors continued to pile in on strong earnings hopes for Japan Inc., though the Nikkei edged down from a near 26-year high on profit-taking. 
Financial stocks stumbled on profit-taking with index-heavy stocks such as Nitto Denko slipping 2 ...

Capital One exits mortgage loans business, cuts 1,100 jobs2017/11/09
MCLEAN, Virginia: Capital One Financial (COF.N) will stop issuing mortgage and home equity loans and cut some 1,100 jobs amid rising interest rates that have pushed away borrowers and slowed loan growth at many U.S. regional banks.
The McLean, Virginia-based lender said on Wednesday it would continue to service its existing home loans portfolio, as it evaluates options for its home loans servicing business ...

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