Google to pay $1.1 billion for HTC Pixel division
September 21, 2017

Alphabet Inc’s Google says it will pay $1.1 billion for a division at Taiwan’s HTC Corp that develops the U.S. firm’s Pixel smartphones – its second major foray into phone hardware after an earlier costly failure. Graham Mackay reports


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Google to buy HTC's Pixel smartphone team

Google confirms it’s buying the team behind Taiwanese electronic maker HTC’s Pixel smartphones for $1.1. billion. Reuters’ Kane Wu looks at what’s in it for both companies.


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Distrustful U.S. allies force NSA to retreat in encryption row

An international group of cryptography experts has forced the U.S. National Security Agency drop most versions of two data encryption techniques it wanted adopt as global industry standards, reflecting deep mistrust among close U.S. allies.


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Reuters Newsmaker: Brazil’s Temer says government won’t privatize Petrobras
September 20, 2017

Brazil’s President Michel Temer said that despite his government’s aggressive moves to privatize state companies, national oil company Petrobras would remain under government control, speaking at a Reuters Newsmaker interview with Reuters Editor-in-Chief Stephen Adler in New York.


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Fed readies removal of crisis-era band-aid

The U.S. Federal Reserve left interest rates unchanged and said it would begin in October to reduce its more than $4 trillion in debt holdings acquired in the years after the 2008 financial crisis.


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Wall Street edges up as Fed eyed
September 19, 2017

Stocks rose modestly Tuesday as investors refrained from making big moves ahead of the conclusion of the Federal Reserve’s two-day policy meeting. Fred Katayama reports.


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Equifax could end in bankruptcy – expert

Damages from the Equifax data breach could destroy the company, says technology lawyer Mark Grossman. Fred Katayama reports.


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Breakingviews TV: Ready to Roku

Jen Saba and Jeffrey Goldfarb talk about the TV-streaming device maker’s upcoming IPO and why its $1.3 bln valuation target may be a little too lofty.


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Fed likely to shrink bond portfolio

Economists expect the U.S. central bank to announce it’ll stop buying bonds, marking another big milestone toward ending crisis-era measures. Fred Katayama reports.


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Germany: economy propels Merkel towards 4th term

German investor sentiment has improved by more than expected in September in readings that bode well for Chancellor Angela Merkel as she seeks a fourth term in Sunday’s national election. As David Pollard reports, an opposition campaign to highlight inequality appears to be gaining little traction with voters.


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