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Norwegian Cruise bets on rich Americans to navigate downturn

Norwegian Cruise Line Holdings Ltd (NCLH.N) said its wealthy travelers would help the U.S. liner ride out an economic downturn after better-than-expected quarterly results lifted its shares 7%. The Miami,

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Gold Fields ends its pursuit of Yamana after rival Canadian bid

South Africa’s Gold Fields (GFIJ.J) on Tuesday said it has ended its bid to acquire Yamana Gold Inc (YRI.TO) after the Canadian miner backed a $4.8 billion takeover bid from

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German officials search UBS branches linked to Russian oligarch Usmanov

German officials have searched UBS bank branches in Frankfurt and Munich as part of an investigation into suspected money-laundering by a Russian oligarch Alisher Usmanov. The suspected money laundering is

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Peloton settles pending litigation with rival Echelon

Peloton Interactive Inc (PTON.O) and rival Echelon Fitness on Tuesday said they had settled all pending litigation between them, more than three years after Peloton sued the Tennessee-based fitness company

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Twitter engineer says he was fired for helping coworkers who faced layoffs

A former Twitter Inc engineer has accused the company of firing him days after it was acquired by Elon Musk because he developed a tool to allow workers to save

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Raytheon sees castings shortages spilling into next year amid aftermarket demand

U.S. aerospace giant Raytheon Technologies Corp (RTX.N) said on Tuesday stability in supply of castings, used in making engines, may only happen well into next year after a strong recovery

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As yen tumbles, gadget-loving Japan goes for secondhand iPhones

For years Japanese shoppers eagerly shelled out for the latest gadgets, but now a tumbling yen has put new iPhones out of reach for some and sparked a growing secondhand

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