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10-Year vs 1-Month Inversion Persists

10-Year vs 1-Month Inversion Persists

Germany's benchmark 10-year bond yield slid back into negative territory. MSCI's broadest index of Asia-Pacific shares outside Japan rebounded 0.2 percent after losing 1.4 percent in the previous session. The Central bank's stance led the United States 10-year treasury yields fall below three-month rates for the first time since 2007 on Friday. Such an inversion is a warning sign about the economy. Consulte Mais Informação

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Jaguar Land Rover wins ruling against Evoque copy

Jaguar Land Rover wins ruling against Evoque copy

District court in China finds Jiangling's Landwind X7 to be very similar to the Range Rover Evoque; directs Jiangling to stop production of the copycat version. Land Rover is also entitled to an amount of compensation, the value of which is still to be confirmed. "We welcome this decision of the Beijing Court, which further strengthens our confidence in investing in China and in the fairness of intellectual property adjudication in the Chinese courts". Consulte Mais Informação

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German billionaire family that owns Einstein Bros. Bagels admits Nazi past

German billionaire family that owns Einstein Bros. Bagels admits Nazi past

Albert Reinmann Sr. and his son were avowed backers of Adolph Hitler, and Reimann Sr. helped finance the paramilitary SS force as early as 1933, the report said. According to the AFP, the company employed as many as 175 forced laborers, and produced items for the Nazi military and weapons industry. "It is about an overall story also in the industry context, but in which the subject of forced labor plays a central role", Erker said. Consulte Mais Informação

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Autonomy revenues 'pumped up' before sale, UK's biggest fraud trial told

Autonomy revenues 'pumped up' before sale, UK's biggest fraud trial told

Dr Lynch says the firm was an "innovative technology company and a success story" when HP took it over, but that it "botched" the purchase and "destroyed the company". "Mike will not be a scapegoat for their failures". On Friday US prosecutors added three new criminal charges to their indictment against Mr Lynch. Hussain was convicted last April in the United States of wire fraud and other crimes related to Autonomy's sale and is due to be sentenced in May, but is expected to appeal ... Consulte Mais Informação

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British Airways Plane Headed For Germany Lands In Scotland By Mistake

British Airways Plane Headed For Germany Lands In Scotland By Mistake

The flight had been redirected to Dusseldorf and landed safely, a BA spokesman confirmed on Monday. 'We have apologised to customers for this interruption to their journey and will be contacting them all individually '. "While an interesting concept, I don't think anyone on board has signed up for this mystery travel lottery". Mr Tran then followed up his first tweet with more information about the flight: 'This feels like an honest mistake rather than a diversion. Consulte Mais Informação

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Micron Technology (MU) Given New $32.00 Price Target at Morgan Stanley

Micron Technology (MU) Given New $32.00 Price Target at Morgan Stanley

Oversupply in both DRAM and NAND flash sectors led to an over 20% fall in Micron's product ASPs during the quarter ended February 28, 2019. The stock now has a consensus rating of Buy and a consensus price target of $57.26. Finally, Norges Bank purchased a new position in shares of Micron Technology in the fourth quarter worth approximately $365,896,000. Several hedge funds and other institutional investors have recently bought and sold shares of MU. Consulte Mais Informação

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Sainsbury’s and Asda to sell off up to 150 stores

Sainsbury’s and Asda to sell off up to 150 stores

The two groups said the CMA's analysis was "fundamentally flawed" but said they were willing to divest 125-150 supermarkets, a number of convenience stores and some petrol stations. The companies will use cost savings from the merger to invest £300mln in the first year of the combination and a further £700mln over the following two years, which they expect to reduce prices by about 10% on everyday items. Consulte Mais Informação

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Debenhams lines up £200m funding line

Debenhams lines up £200m funding line

Ashley - who has a stake of 29.7 per cent in the department store retailer through his Sports Direct retail empire - has ambitions to install himself on the board and remove all other members except finance boss Rachel Osborne. Debenhams retorted that Magasin Du Nord was a key part of the group and "a meaningful contributor to group profits". Analysts suggest management will try to secure a company voluntary arrangement that could involve the closure of 20 to 50 stores, with rent ... Consulte Mais Informação

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