NEWS

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Industrial Division Cuts Into Siemens 1Q German industrial giant Siemens AG said declining profits at its industrial division weighed on the first quarter as the renewables energy revolution continued to eat into its traditional power-and-gas business. via FOX BUSINESS NEWS http://ift.tt/2EuLA53

Fed Could Signal Changes to Outlook at Yellen's Final Meeting Federal Reserve officials are likely to keep interest rates steady at their two-day policy meeting that concludes Wednesday, but they could provide clues on whether their 2018 outlook has changed amid a steadily expanding economy. via FOX BUSINESS NEWS http://ift.tt/2DMNCMp

Amazon, Thou Shalt Not Covet Thy Neighbor's Employee Amazon.com Inc. plans to hire thousands of people in the area it picks as a second home from a shortlist of 20 locations. That's worrying other companies because it could become more difficult to attract talent if the behemoth moves into their backyard. via FOX BUSINESS NEWS http://ift.tt/2EqCyWD

Rolls-Royce Appoints New Presidents of Civil Aerospace, Defense Rolls-Royce Holdings PLC (RR.LN) said Wednesday that it has appointed Chris Cholerton as president of its civil-aerospace business and Tom Bell as president of its enlarged defense business. via FOX BUSINESS NEWS http://ift.tt/2DOrLo2

Majedie Asset Management Ltd Majedie Asset Management Ltd : Form 8.3 - Tesco Plc (END) Dow Jones Newswires via FOX BUSINESS NEWS http://ift.tt/2DNYvh4

Dimensional Fund Advisors Ltd. Dimensional Fund Advisors Ltd. : Form 8.3 - Tesco Plc - Ordinary Shares (END) Dow Jones Newswires via FOX BUSINESS NEWS http://ift.tt/2EpSJmU

Stocks Rebound, on Pace for Monthly Gains Global stocks and bonds mostly rebounded Wednesday after a selloff, keeping major indexes on track for solid monthly gains. via FOX BUSINESS NEWS http://ift.tt/2DP69I1

ArcelorMittal Positive on 2018, Proposes Dividend -- Earnings Review ArcelorMittal (MT.AE) reported its fourth-quarter results before the market opened on Wednesday. via FOX BUSINESS NEWS http://ift.tt/2rTNzgv

Investec Bank plc Investec Bank Plc : Form 8.5 (EPT/RI) - Tesco Plc (END) Dow Jones Newswires via FOX BUSINESS NEWS http://ift.tt/2GAjq99

MARKET SNAPSHOT: Dow Set To Stabilize After Shedding 540 Points In 2 Days Analyst: 'Equities seem to be appreciating the uneventful State of the Union address from President Trump last night' U.S. stock futures were rising modestly Wednesday, putting the Dow on track to recover somewhat from a two-day drop in which it shed 540 points, or 2%. via FOX BUSINESS NEWS http://ift.tt/2rWMSTH

China orders Muji to destroy catalog over 'problem map' Japanese retailer Muji has been ordered by Chinese authorities to destroy a catalog with a map that Beijing complained mislabels Taiwan and omits disputed islands, joining a string of companies rebuked for commercial materials that fail to reflect China's territorial claims. via FOX BUSINESS NEWS Markets http://ift.tt/2rSFKYj

Eurozone inflation falls despite buoyant economy The eurozone economy may be enjoying its best growth in a decade but there are few signs that's fueling inflation. via FOX BUSINESS NEWS Markets http://ift.tt/2DRKLGp

German jobless rate edges up in January on seasonal factors Germany's unemployment rate climbed to 5.8 percent in January due to seasonal factors, but the underlying trend of the labor market in Europe's biggest economy remained positive. via FOX BUSINESS NEWS Markets http://ift.tt/2GyIg9i

Trump’s State of Union plugs massive $1.5T infrastructure overhaul President Donald Trump called on congressional Democrats and Republicans to unite during Tuesday’s State of the Union address on one of his key agenda items for 2018: a $1.5 trillion infrastructure rebuild. via FOX BUSINESS NEWS http://ift.tt/2DQrQHW

Trump’s State of Union tips hat to Apple, Exxon for billions in new US investments Big business was a focal point for President Donald Trump during his first State of the Union address, where he commended a handful of U.S. companies for pledging billions in domestic investments throughout the coming years. via FOX BUSINESS NEWS http://ift.tt/2nsLDGp

Trump pushes ‘safe, strong’ America with US military funds in limbo The theme of President Donald Trump’s first State of the Union address is “a safe, strong and proud America,” at a time when U.S. military funding remains in limbo. via FOX BUSINESS NEWS http://ift.tt/2DLQVrg

State of the Union: What to know about designated survivor Sonny Perdue Secretary of Agriculture Sonny Perdue has been selected to be the designated survivor for President Trump’s first State of the Union address, a White House official said Tuesday evening. via FOX BUSINESS NEWS http://ift.tt/2DQcneM

Trump to tout tax reform in State of the Union as 3M workers get bonuses One year into President Donald Trump’s tenure and millions of American workers have secured a tangible economic benefit, he is expected to say during his first State of the Union address on Tuesday. via FOX BUSINESS NEWS http://ift.tt/2Eo3MwS

Todd Ricketts to replace Steve Wynn as RNC finance chair: Reports Ricketts is perhaps best known as a co-owner of Major League Baseball’s Chicago Cubs. via FOX BUSINESS NEWS http://ift.tt/2BEKRef

Trump should release classified memo on surveillance abuses: Corey Lewandowski Corey Lewandowski is urging President Donald Trump to release the classified memo that allegedly spotlights surveillance abuses under the Obama administration. via FOX BUSINESS NEWS http://ift.tt/2DMeZGE

Trump's State of the Union: A deep dive into the stats A by-the-numbers look at President Donald Trump's first year in office reveals areas of both progress and peril. via FOX BUSINESS NEWS http://ift.tt/2DPApXs

Foreign intelligence surveillance memo is 'dynamite': Varney FBN's Stuart Varney on the FISA memo. via FOX BUSINESS NEWS http://ift.tt/2DLqbDh

World markets can absorb some trade turbulence as Trump digs in Booming global trade and economic growth have cushioned world markets against the political turbulence of Donald Trump's first year in the White House. via FOX BUSINESS NEWS http://ift.tt/2DLxzyG

H&M Q4 profit drops as industry is challenged Swedish low-cost fashion brand Hennes & Mauritz AB says its fourth-quarter profit fell to 3.99 billion kronor ($506 million), down from 5.91 billion kronor. via FOX BUSINESS NEWS Markets http://ift.tt/2nnF8VM

Hong Kong bomb experts deployed after unexploded bomb found Hong Kong police have sealed off part of a busy downtown neighborhood after an unexploded bomb was found during construction work in the Asian financial center. via FOX BUSINESS NEWS Markets http://ift.tt/2rWkfpH

Fujifilm to take over Xerox, combined into joint venture Japan's Fujifilm Holdings is set to take over Xerox, and combine the U.S. company into their joint venture Fuji Xerox in an effort to cut costs, the companies said on Wednesday. via FOX BUSINESS NEWS Markets http://ift.tt/2Erj0l2

Sizzling Switch sales boost Nintendo 9 month profit 31 pct Japanese video-game maker Nintendo says its net profit jumped 31 percent to 135.2 billion yen ($1.2 billion) in April-December, helped by the popularity of its Switch hybrid game machine. via FOX BUSINESS NEWS Markets http://ift.tt/2GA1Oue

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South Africa Regulator Looking at Possible Steinhoff Insider Training -Reuters South Africa's Financial Services Board is investigating two cases of possible insider trading and one case of false or misleading statements that relate to crisis-hit investment company Steinhoff, reports Reuters. via FOX BUSINESS NEWS http://ift.tt/2npChem

German Jobless Claims Fall More Than Expected in January Germany's jobs boom continued in January, as jobless claims fell by more than expected and the unemployment rate hit a new record low, a trend that has been bolstering private consumption in Europe's largest economy. via FOX BUSINESS NEWS http://ift.tt/2DSO7sA

Sampo Oyj Sampo Group's Results For 2017 Will Be Published On 7 February 2018 (END) Dow Jones Newswires via FOX BUSINESS NEWS http://ift.tt/2ns1814

News Highlights: Top Energy News of the Day Royal Dutch Shell has agreed to sell its stake in Thailand's Bongkot Field to Thai state-owned PTT Exploration & Production for $750 million. via FOX BUSINESS NEWS http://ift.tt/2DQA2vM

Stocks Rebound, on Pace for Monthly Gains Global stocks mostly rebounded Wednesday as bond yields stabilized, keeping major indexes on track for monthly gains. via FOX BUSINESS NEWS http://ift.tt/2GyN8eW

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Santander 4Q Net Profit Decline Hit By Charges -- Update (Adds updates throughout.) via FOX BUSINESS NEWS http://ift.tt/2rSxxU3