Australia's antitrust regulator warned Google's planned $2.1 billion acquisition of fitness tracker maker Fitbit may give it too much of people's data, potentially hurting competition in health and online advertising markets.

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Glass Lewis said on Thursday that it urged Tesla Inc investors to vote against re-electing Chairwoman Robyn Denholm to the company's board, making it the second proxy advisory firm to oppose her appointment.

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Asian stocks and Wall Street futures fell on Wednesday as spiking coronavirus cases in some U.S. states and China crushed hopes of a quick global economic comeback from the pandemic.

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The dollar and the yen edged higher on Thursday as growing concerns about a rise in coronavirus cases underpinned safe-haven demand for both currencies.

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Oil prices fell around 2% on Thursday as a spike in new coronavirus cases in China and the United States renewed fears that people would stay home, stalling a recovery in fuel demand even as lockdowns ease.

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Australia's consumer watchdog said on Thursday it had concerns that Alphabet Inc-owned Google's planned $2.1 billion acquisition of fitness tracker company Fitbit may hinder competition in digital advertising and health markets.

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Proxy-adviser Glass Lewis has urged Tesla Inc investors to vote against re-electing chairwoman Robyn Denholm to the company's board due to an arrangement with Elon Musk that raises corporate governance concerns, Bloomberg reported on Wednesday.

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Oil prices fell more than 1% in early trade on Thursday as a spike in new coronavirus cases in China and the United States renewed fears that people would stay home and stall a recovery in fuel demand even as lockdowns ease.

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The dollar held onto gains on Thursday as growing concerns about a rise in coronavirus cases underpinned safe-haven demand for the U.S. currency.

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Asian stocks were set to dip on Thursday after a choppy Wall Street session as spiking coronavirus cases and prospects of new lockdowns erased earlier confidence about a global economic recovery.

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HSBC is resuming a massive redundancy plan it had put on ice following the outbreak of coronavirus, and will cut 35,000 jobs over the medium term, a memo seen by Reuters on Wednesday showed.

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Asian share markets took a cautious turn on Wednesday as a resurgence of global coronavirus cases challenged market confidence in a rapid economic recovery, even as the rebound in U.S. retail sales in May broke all records.

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The dollar held firm against many of its rivals on Wednesday after U.S. retail sales jumped far more than expected in May,

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