| | | At the Fed, spring comes early with return to new 'normal' | | | WASHINGTON(Reuters) - U.S. household wealth has hit record levels. U.S. stock prices recently hit all-time highs. Inflation is nearing the Federal Reserve's 2.0 percent goal, and the world economy including the once-sick eurozone has skirted the risk of a deep new downturn. |
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| | | Ford's Lincoln plans to produce luxury SUV in China by late 2019 | | | BEIJING (Reuters) - Ford Motor Co's luxury unit Lincoln plans to produce luxury SUVs in China by late 2019, as it steps up its move into the world's largest auto market and aims to catch up with German and U.S. rivals who already manufacture in the Asian nation. |
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| | | HSBC names AIA's Tucker as chairman in break with past | | | HONG KONG/LONDON (Reuters) - HSBC broke with tradition by choosing outsider Mark Tucker to replace Douglas Flint as chairman later this year, handing the AIA Group boss the task of selecting a new chief executive for Europe's biggest bank in 2018. |
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| | | Blackstone picks Luxembourg for EU base: Luxembourg official says | | | LONDON (Reuters) - Private equity firm Blackstone is among a number of financial services companies to have chosen Luxembourg as the site for a European Union subsidiary following Britain's vote to leave the EU, the head of Luxembourg's financial development agency said. |
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