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Wall Street Week Ahead: Investors eye consumer discretionary stocks as U.S. reopens

Investors are taking a closer look at the market’s consumer discretionary companies as a reopening U.S. economy fuels hopes of a turnaround for some of the sector’s hardest-hit names. Many

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Renault chairman dismisses fears over potential Maubeuge closure

Renault (RENA.PA) has no plans to close its Maubeuge plant in northern France, Chairman Jean-Dominique Senard said on Sunday, two days after the carmaker announced 15,000 job cuts globally as

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EU trade commissioner Hogan mulling candidacy for WTO chief

European trade commissioner Phil Hogan is considering putting his name forward as a candidate to be the next director-general of the World Trade Organization, his spokesman said on Sunday. The

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Zoom plans to roll out strong encryption for paying customers

Video conferencing provider Zoom (ZM.O) plans to strengthen encryption of video calls hosted by paying clients and institutions such as schools, but not by users of its free consumer accounts,

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Europe’s factories starting to recover, Asia’s pain worsens

European manufacturers may be over the worst of a coronavirus-driven downturn, but Asia’s pain deepened in May due to a slump in global trade, with export powerhouses Japan and South

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Amazon removes racist messages after they appear on some product listings

Amazon.com Inc (AMZN.O) said it was removing certain images after messages using extremely strong racist abuse appeared on some listings on its UK website when users searched for Apple’s (AAPL.O)

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Delta, union working to avoid furloughs of 2,300 pilots

Delta Air Lines Inc (DAL.N) and its pilots union said on Sunday they are working to avoid furloughs of roughly 2,300 pilots following a reshuffling process meant to match staffing

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