The pan-European Euro Stoxx 600 Index was higher by 0.1 percent in early deals. Most major bourses and sectors were higher with oil stocks leading the gains. The price of the commodity rose on Tuesday morning amid ongoing supply cuts. In individual stocks news, Ocado shares jumped 4.6 percent after it signed an e-commerce partnership
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For its display business, Samsung said Tuesday that LCD panel prices fell more than expected due to an expansion in capacity from Chinese competitors while demand from large-scale buyers of its flexible OLED display screens, which are typically used in high-end smartphones, also declined. Mehdi Hosseini, senior equity research analyst at Susquehanna Financial Group, wrote
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The card is a step into new territory for both companies. Apple, which announced new subscriptions for video and news services Monday, is trying to develop new revenue sources beyond its popular hardware products. For Goldman Sachs, its first credit card would continue a nascent push into consumer financial products after spending most of its
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Apple just announced its subscription news service, called Apple News+, amid a broad push into services and recurring revenue streams. The new service will live in Apple’s existing News app, which currently offers iOS users free access to publisher content, and bundle big name publishers under one monthly fee. It’s a boon for Apple’s curated
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Yale University has rescinded the admission of a student linked to the national college admissions scandal that implicated 50 people, including celebrities, coaches and administrators, in paying and accepting bribes to get students into elite colleges. Thomas Conroy, Yale University spokesman, told CNBC the university “has rescinded the admission of one student as a result
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The pan-European Stoxx 600 began the session around 0.6 percent lower, with most sectors and major bourses in the red. France’s CAC index was the worst performer in early deals, falling 1 percent. Market jitters have grown recently over increasing signs of slowing economic growth and a possible recession. German manufacturing contracted for the third
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