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    Facebook to prioritize ‘trustworthy’ news based on surveys

    SAN FRANCISCO (Reuters) – Facebook Inc will prioritize “trustworthy” news in its feed of social media posts, using member surveys to identify high-quality outlets and fight sensationalism and misinformation, Chief Executive Mark Zuckerberg said on Friday. The company, which has more than 2 billion monthly users, said its members, not experts or Facebook executives, would […] More

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    Speculators boost short U.S. dollar bets -CFTC, Reuters

    NEW YORK, Jan 19 (Reuters) – Speculators’ net short dollar bets rose in the latest week to the largest position since mid-October, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the net short dollar positions, derived from net positions of International Monetary Market speculators in the […] More

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    MOVES-Stifel hires Greg Greenberg from Wells Fargo Advisors

    Jan 19 (Reuters) – Stifel Financial Corp said Greg Greenberg has joined its broker-dealer unit, Stifel, Nicolaus & Co Inc’s private client group in Overland Park, Kansas. Greenberg joined from Wells Fargo Advisors. (Reporting by Arunima Banerjee in Bengaluru) Our Standards:The Thomson Reuters Trust Principles. Learn More about forex signals providers More

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    Gains in consumer stocks prop up S&P, Nasdaq

    (Reuters) – The S&P 500 and the Nasdaq were prodded higher by gains in consumer stocks, while investors played down fears of a looming U.S. government shutdown. Philip Morris (PM.N), Nike (NKE.N) and Home Depot (HD.N) were the main drivers of the S&P, following positive brokerage recommendations on their stocks. Amazon’s (AMZN.O) 1 percent rise […] More

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    EU mergers and takeovers (Jan 19)

    BRUSSELS, Jan 19 (Reuters) – The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS — U.S. smartphone chipmaker Qualcomm to acquire Dutch company NXP Semiconductors NV (notified April 28/approved Jan. 19) — UK retailer JD Sports Fashion Plc, investment vehicle Balaiko Firaja […] More

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    Xerox-Fujifilm deal should have been changed long ago: Icahn

    (Reuters) – Hedge fund investor Carl Icahn has called for the termination or renegotiation of Xerox Corp’s (XRX.N) long-running photocopier joint venture with Fujifilm Holdings (4901.T), reiterating demands for a change of leadership at Xerox. In an open letter addressed to shareholders on Thursday, Icahn added his voice to that of another major owner of […] More

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    Nikkei edges up, helped by financials; adds 0.7 pct for the week

    TOKYO, Jan 19 (Reuters) – Japan’s Nikkei share average edged up on Friday with financial stocks leading the gains after U.S. yields rose, while GMO Internet soared after an activist fund called on the company to change its governance structure. The Nikkei rose 0.2 percent to 23,808.06. For the week, it gained 0.7 percent. Shares […] More

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