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SoftBank Posts First Quarterly Loss In 18 Months

Japan’s SoftBank Group on Monday logged its first quarterly net loss in 18 months on the falling value of investments in its Vision Fund, including Chinese ride-hailing giant Didi Chuxing. The telecoms-firm-turned-investment giant posted a net loss of 397.9 billion yen ($3.5 billion) in July-September, its first net loss since January-March 2020. That dragged first-half …

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Coca-Cola posts sparkling quarter, warns of rocky recovery as COVID-19 cases surge

FILE PHOTO: Bottles of Coca-Cola are displayed at a supermarket of Swiss retailer Denner, as the spread of the coronavirus disease (COVID-19) continues, in Glattbrugg, Switzerland June 26, 2020. REUTERS/Arnd Wiegmann/File Photo April 19, 2021 By Nivedita Balu (Reuters) -Coca-Cola Co thumped estimates for quarterly results on Monday as sales in Asia picked up following …

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Top Republican Posts Video of ‘Child Abuse’ at Texas Border Patrol Facility

House Minority Whip Steve Scalise (R-La.) posted video footage of numerous unaccompanied children being housed in a Donna, Texas, Border Patrol facility and said it’s tantamount to “child abuse.” “I visited the Donna processing facility yesterday … This is the devastating result of their disastrous left-wing immigration agenda. RT so everyone can see what they’re trying …

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US Special Operations Command ‘Not Aware’ of Top Hire’s Anti-Trump Posts

U.S. Special Operations Command (USSOCOM) did not know that a newly hired officer had compared former President Donald Trump to Adolf Hitler and expressed support for the quasi-Marxist equity theory, a spokesperson said on Saturday. USSOCOM on Thursday announced the hiring of Richard Torres-Estrada as its chief of diversity and inclusion. Torres-Estrada last year compared …

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European shares end lower on lockdown worries, still posts third week of gains

FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, March 18, 2021. REUTERS/Staff March 19, 2021 By Sruthi Shankar and Shreyashi Sanyal (Reuters) – European stocks slid on Friday after France imposed fresh regional lockdowns to curb the spread of the coronavirus, amid concern over the …

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Trump Responds to The Washington Post’s Correction on His Call With Georgia Election Investigator

Former President Donald Trump issued a lengthy statement following The Washington Post’s retraction of a false quote it published in January that claimed he had told Georgia’s top elections investigator in a phone call to “find the fraud.” Trump in his statement said he appreciates the correction but would “further appreciate a strong investigation” into allegations …

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U.S. Treasury names climate economist, tax partner to senior posts

FILE PHOTO: The U.S. Treasury building is seen in Washington, September 29, 2008. REUTERS/Jim Bourg/File Photo March 2, 2021 WASHINGTON (Reuters) – The U.S. Treasury named new staff to senior tax and economic posts on Tuesday, including University of California-Berkeley professor Catherine Wolfram as deputy assistant secretary for climate and energy economics in the Office …

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Occidental Petroleum posts larger quarterly loss on asset sale

FILE PHOTO: The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid February 22, 2021 By Jennifer Hiller HOUSTON (Reuters) – Occidental Petroleum Corp on Monday posted a larger-than-expected fourth-quarter loss despite higher oil and gas …

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Officials say Meena Harris social media posts could interfere with U.S. diplomacy with India

Residents burn portraits of Meena Harris, niece of U.S. Vice President Kamala Harris, and Greta Thunberg in New Delhi, India, Thursday, Feb. 4, 2021. As the farmers camp out at the edges of the capital, protesting new agricultural laws they say will devastate their earnings, the mainstream and social media have come under unprecedented attacks …

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House Votes to Strip Marjorie Taylor Greene of Committee Posts

The House has adopted a resolution to remove Rep. Marjorie Taylor Greene (R-Ga.) from her two committee posts over her past comments and actions. A Thursday vote on the Democratic-backed resolution was 230-199 largely on party lines. Three lawmakers did not vote. Eleven Republicans joined Democrats in voting “yes” to remove Greene from the committees. Greene had …

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