Abbott to Add 1,000 Jobs in 450 Million Irish Investment

DUBLIN, Aug 12 Reuters U.S. healthcare company Abbott Laboratories plans to hire 1,000 more people in Ireland in one of the biggest job announcements this year in the country39;s booming multinational sector, state investment agency IDA Ireland said on Friday. Abbott, which is one of the largest multinational employers in Ireland with 5,000 staff, will expand […]
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Hong Kong Audit Watchdog Expands Probe into Evergrandes Unit

HONG KONG, Aug 15 Reuters Hong Kong39;s audit regulator said on Monday it has initiated an enquiry into the financial statements of China Evergrande Group39;s property services unit and its former auditor after questions were raised following the developer39;s probe into seized deposits worth 2 billion of the unit. The Financial Reporting Council FRC said in […]
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Oil Extends Losses as Weak Demand Outlook Persists

China unexpectedly cuts key rates as economic data disappoints Iran responds to EU nuclear text, seeks U.S. flexibility Oil output in Permian Basin to rise to record high in Sept EIA Coming up API data on U.S. oil stockpiles at 430 p.m. ET LONDON, Aug 16 Reuters Oil prices fell on Tuesday as bleak economic […]
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