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Uber is trying to figure out if it’s a real business

  Uber is still losing lots and lots of money, the world learned last week from Bloomberg’s Eric Newcomer. It may even be losing a lot more money than Newcomer was able to tell us about. As he put it in his weekly e-mail newsletter: We know that Uber has lost at least $1.2 billion in the first half of ...

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US stock-index futures little changed while Apple slips

  Bloomberg U.S. index futures were little changed, after equities saw the biggest gain in three weeks, while investors awaited jobs data due this week for further clues on the path of Federal Reserve policy. Apple Inc. slipped 0.9 percent in early New York trading after being ordered to repay 13 billion euros ($14.5 billion) plus interest as the European ...

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Gulf shares slightly up in lethargic trade

  Dubai / Reuters Stock markets in the Gulf edged up in early trade on Tuesday after oil prices and Asian bourses made modest recoveries but trading volumes were thin. Dubai’s index climbed 0.1 percent with gainers outnumbering losers 13 to five. Trade mainly focused on speculative shares favoured by short-term local traders; builder Arabtec rose 0.7 percent and GFH ...

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