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As Brazilian payment apps multiply, some warn of a shakeout

Banking apps backed by SoftBank Group Corp, China's Tencent Holdings Ltd and others are proliferating in Brazil, offering such a dizzying array of choices that skeptics say a shakeout looks increasingly inevitable.



5 years ago

Netflix's Asia-Pacific business has biggest gains over the past three years

Streaming giant Netflix is accelerating its growth overseas, with its Asia-Pacific business recording the biggest membership and revenue gains among all regions over the past three years.



5 years ago

Mexico, U.S. seek to dispel tension over labor tweak to trade deal

The U.S. and Mexican governments on Monday sought to defuse a controversy over Washington's plan to monitor Mexican labor standards under a new regional trade deal, with Mexico saying it was satisfied by U.S. assurances it was not sending inspectors.



5 years ago

Boeing will halt 737 production in January, following two fatal MAX crashes

Boeing Co said on Monday it will halt 737 commercial production in January as the grounding of its best-selling MAX following two fatal crashes within five months looks set to last well into next year, a move that could hit its global supply chain and the U.S. economy.



5 years ago

Oil rises on U.S.-China trade hopes, still below three-month highs

Oil prices rose slightly Monday on hopes energy demand will benefit from the trade deal between the United States and China announced last week, but prices remained below the previous session's three-month highs.



5 years ago

Amazon blocks sellers from using FedEx for Prime shipments

Amazon.com Inc said on Monday it is blocking third-party sellers from using FedEx Corp's ground network to deliver its Prime shipments.



5 years ago

U.S. approves Roche's $4.3 billion purchase of Spark Therapeutics

Swiss drugmaker Roche has won U.S. antitrust approval for its $4.3 billion deal to buy gene therapy specialist Spark Therapeutics clearing the way for Roche's push into treating rare diseases including hemophilia A.



5 years ago

Boeing crisis escalates as planemaker halts 737 production after two crashes

Boeing Co is temporarily halting 737 production in January for the first time in more than 20 years as the grounding of the planemaker's best-selling MAX after two fatal crashes looks set to last well into 2020.



5 years ago

Factbox: Key steps for Boeing to get 737 MAX cleared to fly - FAA

Boeing Co said on Monday it will halt 737 commercial production in January as the grounding of its best-selling MAX following two fatal crashes within five months looks set to last well into next year.



5 years ago

Fiat Chrysler board to meet Tuesday on proposed Peugeot deal: sources

The board of Fiat Chrysler Automobiles NV is expected to meet on Tuesday afternoon to consider taking the next steps toward a proposed merger with French automaker Peugeot SA, sources said on Monday.



5 years ago

Westpac's capital requirements boosted by Australian regulators after scandal

Westpac Banking Corp will be required to hold an extra A$500 million in capital after Australia's banking regulator announced an investigation into the bank's alleged money laundering breaches.



5 years ago

Spending deal does not hike EV credit, boosts aviation inspection funds

The U.S. Congress declined to extend a $7,500 tax credit for electric vehicles but will boost funding for aviation safety after two deadly Boeing 737 MAX crashes.



5 years ago

Asian stocks climb but dearth of trade details caps gains

Asian shares gained on Tuesday, but a lack of detail about the Sino-U.S. trade deal tempered some of the exuberance that sent Wall Street to record highs overnight, while familiar fears of a hard Brexit knocked the pound.



5 years ago

Boeing crisis deepens as 737 production stops for first time in two decades

Boeing Co bowed to a growing cash squeeze by suspending commercial 737 production from January for the first time in more than 20 years, as the grounding of the planemaker's best-selling MAX after two fatal crashes drags into 2020.



5 years ago

Goldman Sachs' green goal: $750 billion in work for environmental projects by 2030

Goldman Sachs Group Inc said on Monday it will provide $750 billion in financing, advisory services and investments for green projects and companies, as well as those that foster economic opportunities for under-served people over the next decade.



5 years ago