HONG KONG (Reuters) – Chinese video-streaming service iQIYI Inc is looking to raise $1.05 billion in convertible bonds, the latest example of the growing popularity of the instrument among newly listed Chinese tech companies. The logo for Chinese streaming platform iQiyi Inc., is displayed on a screen during the company’s initial public offering (IPO) at
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SEOUL (Reuters) – Samsung Electronics Co Ltd said on Tuesday first-quarter profit would likely miss market expectations due to falls in chip prices and slowing demand for display panels, in an unprecedented statement ahead of its earnings guidance. FILE PHOTO – Attendees at Samsung Electronics Co LtdÕs Unpacked event test out the company’s new devices
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WASHINGTON (Reuters) – U.S. President Donald Trump on Monday recognized Israel’s 1981 annexation of the Golan Heights in an election boost for visiting Israeli Prime Minister Benjamin Netanyahu, prompting a sharp response from Syria, which once held the strategic land. With Netanyahu looking over his shoulder at the White House, Trump signed a proclamation officially
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LOS ANGELES (Reuters) – A California avocado grower and distributor has voluntarily recalled its product from six states due to concerns about possible contamination with Listeria, bacteria that can cause severe illness in some people. FILE PHOTO: Avocados are on display for sale at the wholesale market “Central de Abastos” in Mexico City, Mexico January
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STRATFORD-UPON-AVON, England (Reuters) – In William Shakespeare’s ancient birthplace, discontent over Brexit runs even deeper than three years ago when this “scepter’d isle” shocked the world by voting to leave the European Union. The 2016 referendum revealed a United Kingdom divided over much more than EU membership, and has sparked impassioned debate about everything from
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FILE PHOTO: People walk past a sign board of Huawei at CES (Consumer Electronics Show) Asia 2016 in Shanghai, China May 12, 2016. REUTERS/Aly Song/File Photo WASHINGTON (Reuters) – As the U.S. further pushes to separate itself from Chinese telecommunications equipment maker Huawei Technologies, the Pentagon is laying the groundwork to use technology from rivals
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BOSTON (Reuters) – Former coaches from the University of Southern California and Georgetown University were among a dozen people who pleaded not guilty on Monday to charges that they participated in the largest college admissions fraud scheme uncovered in U.S. history. Gordon Ernst, Georgetown University’s former head tennis coach facing charges in a nationwide college
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British Prime Minister Theresa May leaves Downing Street in London, Britain, March 25, 2019. REUTERS/Henry Nicholls LONDON (Reuters) – British Prime Minister Theresa May indicated to some Brexit-supporting lawmakers on Sunday that she would consider resigning in exchange for parliament backing her Brexit deal, The Sun newspaper reported. “The major admission came in a private
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