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Citigroup CFO says cut in U.S. tax rate could bring $4 billion charge
NEW YORK If newly elected U.S. officials were to reduce federal corporate taxes by 20 percent, Citigroup Inc (C.N) could have to take a $4 billion charge to profits to reflect lower values for
Apple to cut iPhone production in Jan-March quarter: Nikkei
Apple Inc (AAPL.O) will trim production of iPhones by about 10 percent in the January-March quarter, the Nikkei financial daily reported, citing calculations based
Turkey's Halkbank says operations, transactions comply with international regulations
ISTANBUL Turkish state-run lender Halkbank's operations and transactions fully comply with national and international regulations, it said in a statement regarding the arrest of its deputy general manager Mehmet Hakan Atilla in the United States.Atilla was charged on Tuesday with
Rheinmetall, Raytheon to cooperate in defense technology
FRANKFURT German and U.S. defense groups Rheinmetall (RHMG.DE) and Raytheon (RTN.N) have signed a memorandum of understanding to cooperate globally on defense technology, they
