| | | Global oil rises on U.S. inventory draw as OPEC beckons | | | New York (Reuters) - Oil prices rose on Wednesday after U.S. government data showed a decline in domestic crude inventories and strong refining activity in the world's largest oil consumer, ahead of next week's meeting of major oil producers. |
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| | | Ralph Lauren names P&G executive Patrice Louvet as CEO | | | (Reuters) - Ralph Lauren Corp named Procter & Gamble executive Patrice Louvet as chief executive, more than three months after his predecessor left the firm, following differences with founder Ralph Lauren over the direction of the company. |
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| | | S&P, Dow set for worst day in eight months on Trump turmoil | | | (Reuters) - The S&P 500 and the Dow were headed for their worst day in more than eight months as reports of a leaked memo by former FBI chief James Comey spooked investors, raising questions about whether President Donald Trump tried to interfere with a federal investigation. |
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| | | Ford to cut 1,400 white-collar jobs in North America, Asia | | | (Reuters) - Ford Motor Co said on Wednesday it plans to cut 1,400 salaried jobs in North America and Asia through voluntary early retirement and other financial incentives as the No. 2 U.S. automaker looks to boost its sagging stock price. |
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| | | Safe-haven currencies soar on Trump uncertainty | | | NEW YORK (Reuters) - The dollar fell to its lowest level against the yen since May 1 and hit a six-month low against the Swiss franc on Wednesday as talk that U.S. President Donald Trump could face the threat of impeachment boosted safe-haven assets. |
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