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Asian markets rebound after North Korea-fuelled losses

Asian traders returned to buying Wednesday, reversing the previous day's losses as Donald Trump's measured response to North Korea's missile launch and upbeat US data restored a semblance of calm to markets.

France's Total to buy Maersk Oil

French oil giant Total said Monday that it would buy Maersk Oil, a unit of the Danish shipping giant A.P. Moller-Maersk, for $7.45 billion (6.35 billion euros).

Asia stocks extend rally as dollar recovers

Asian equities extended a relief rally into a second day Tuesday as traders were emboldened by an ebbing risk of clashes between the United States and North Korea, with safe haven assets continuing to lose ground.

Panasonic net profit hit by weak solar products demand

Japan's Panasonic said on Thursday that annual net profit and revenue slumped because of slowing demand for household solar energy products and the impact of a stronger yen, but predicted a rebound this year.

Asia markets rise on US jobs data, euro dips after Macron rally

Asian and European markets mostly rose Monday following a Wall Street rally as dealers cheered a strong US jobs report, but the euro failed to hold on to early gains after Emmanuel Macron beat far-right candidate Marine Le Pen in France's presidential election.

Engie profit slips as hydro output down

French energy group Engie said Friday its operating profit slid in the first three months of the year, in part due to a drop in hydroelectric output in France and a nuclear reactor shutdown in Belgium.

Syngenta shareholders accept ChemChina offer

Shareholders in Swiss pesticide and seed giant Syngenta have accepted the company's takeover by state-owned ChemChina, the companies said Friday, which would be the biggest overseas acquisition by a Chinese firm.

Demand for gold plunges after Trump win

Global gold demand fell 18 percent in the first quarter from a year earlier as US investors abandoned the precious metal after Donald Trump's election win, industry figures showed Thursday.

Investors keep Wells Fargo board at contentious meeting

The entire Wells Fargo board of directors was reelected Tuesday after a bruising, rowdy annual meeting where shareholders castigated the bank's leadership over a fake accounts scandal that severely damaged the company's image.

Trump era a new challenge for the IMF

In its 70-year history, the International Monetary Fund has been no stranger to financial crises and policy disputes but now faces a new challenge: a US administration fundamentally opposed to some of its most important positions.

United reports solid profits, vows better customer treatment

United Continental reported sharply lower first-quarter earnings Monday but they still bested analyst expectations, and the airline vowed to remake its customer service after its rough treatment of a passenger stoked global outrage.

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