Facebook reports better-than-expected profit

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Source: Dukascopy Bank SA
Facebook reported its profit in the first quarter above Wall Street estimates and set aside $3B for a settlement with the US regulators, calming investors, who were worried about the outcome of a federal probe.
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Thu, 25 Apr 2019 03:28:18 GMT

South Korea's economy contracts unexpectedly in Q1

The South Korean economy shrank unexpectedly in the Q1, showing the worst performance since the financial crisis, as companies cut investment and exports dropped in response to Sino-US trade tensions and weakening Chinese demand.

Wed, 24 Apr 2019 20:35:14 GMT

Italy likely to make €145M investment in Alitalia equity

Italy's government is likely to make an investment worth €145M in any possible vehicle set up's equity to rescue the loss-making carrier Alitalia, according to a government's source reached by Reuters on Wednesday.

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