CAIRO (Reuters) – Mercedes-Benz is set to return to Egypt with a 50,000 square meter distribution facility in the new economic zone near the Suez Canal, Suez Canal Authority Chairman Mohab Mamish said on Tuesday.
NEW YORK (Reuters) – U.S. stocks advanced modestly on Tuesday as technology shares bounced from sharp losses in the prior session and comments from Fed Chair Janet Yellen boosted expectations of a December rate hike.
The big tech selloff that hit the stock market Monday looked like a garden variety case of investors cashing out winners and looking for bargains, but the move actually has less to do with lofty valuations for growth stocks, one analyst says.
WASHINGTON (Reuters) – A divided Federal Communications Commission on Tuesday approved a report that found for the first time since 2009 there is “effective competition” in the wireless market, a finding that could help Sprint Corp and T-Mobile US Inc to merge.
WASHINGTON (Reuters) – The U.S. Senate will soon likely vote to kill a new ban on banks and credit card companies requiring customers to surrender their right to sue in order to open accounts, according to aides, lobbyists and activists.
WASHINGTON (Reuters) – U.S. President Donald Trump’s promise to close the “carried interest” tax break that benefits some of Wall Street’s wealthiest financiers could be defanged if his administration proceeds with an exemption for certain firms.
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