| | | Trump tax cut doubts hit stocks, lifts yen vs. dollar | | | LONDON (Reuters) - Growing doubts U.S. President Donald Trump will be able to deliver on a promise of tax cuts that has powered stocks markets to record highs pushed shares lower on Wednesday and drove investors to seek safety in government debt, gold and the yen. |
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| | | Sears warns of 'going concern' doubts | | | (Reuters) - Sears Holdings Corp , once the largest U.S. retailer, warned on Tuesday about its ability to continue as a going concern after years of losses and declining sales. |
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| | | Fannie, Freddie revamp plan unlikely this year, dividends in focus | | | WASHINGTON (Reuters) - An overhaul of Fannie Mae and Freddie Mac is highly unlikely to make it into this year's legislative calendar, Congressional staffers say, possibly shifting the new administration's immediate focus to allowing the mortgage financing institutions' to rebuild depleted capital. |
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| | | Markets fret as Trump agenda shows signs of cracks | | | NEW YORK (Reuters) - The steepest pullback in stocks since the U.S. presidential election reveals investor angst about President Donald Trump's ability to push through major reforms, leaving stocks vulnerable to a long-anticipated correction. |
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| | | Akzo Nobel rejects improved bid from U.S. rival PPG | | | AMSTERDAM (Reuters) - Dutch paints and coatings maker Akzo Nobel rejected an improved 22.4 billion euro ($24.1 billion) takeover proposal from PPG Industries on Wednesday, but faced investor pressure to start talks with its U.S. rival |
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| | | Protectionism may raise, not cut, trade deficits: ECB | | | FRANKFURT (Reuters) - Protectionist trade policies may increase, rather than reduce, a country's trade deficit, the European Central Bank said in a study on Wednesday, just days after finance chiefs of the world's top 20 economies dropped their pledge for open trade. |
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