Analysts cut price targets on several microchip companies, including Xilinx Inc.
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You had the central strip of late night, cut price, takeaways.
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That helped AMC wangle cut-price admission into European movie screening.
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There are a few tourists here, mostly Russians lured by cut-price deals.
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The site was a cut-price alternative to the nearby country club set.
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A renewed focus on his old associate will only cement that cut-price valuation.
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Cruise operator Carnival Corp's shares fell 4 percent to $44.02 after Susquehanna cut price target.
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European drugmakers had been faced with increasing competition from cut-price copies of complex biotech drugs.
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Rival fleet operators might flood the roads with vehicles offering cut-price rides, making congestion worse.
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American Airlines fell 3.4 percent to $27.95 after Deutsche Bank and Credit Suisse cut price targets.
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Aldi and Lidl's cut-price model have turned them into two of the world's biggest retailers.
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Both these factories are designed to produce cut-price biosimilars, or copies of expensive biotech drugs.
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Cruise operator Carnival Corp's shares fell nearly 6 percent to $42.85 after Susquehanna cut price target.
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But thanks to social media, its best-known client is a chain of cut-price bars.
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More recently, though, competition from cut-price generic drugs has made the Japanese market less profitable.
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Bonobos and other fashion purchases that Walmart has made, meanwhile, are not known for cut-price goods.
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In 1904 Canada's parliament, angered by soaring imports of cut-price steel from America, imposed punitive tariffs.
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Briefly sold here as a cut-price hatchback, the Mazda 2 lives on in most global markets.
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The Model 3 is supposed to be Tesla's humdrum car, the everyday, cut-price offering to the masses.
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The analyst also downgraded and cut price targets on other semiconductor stocks, including Western Digital and Micron Technology.
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General Electric fell 4.8 percent after J.P. Morgan cut price target on the stock to $6 from $10.
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General Electric fell 2.9 percent after J.P. Morgan cut price target on the stock to $6 from $10.
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General Electric fell 4.3 percent after J.P. Morgan cut price target on the stock to $6 from $10.
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Instead of just farming and flogging cut-price goods to tourists, the country is starting to manufacture things.
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But a non-profit funeral director helped Cunningham through with a simple, cut-price cremation for her brother.
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BEIJING (Reuters) - China's Alibaba Group Holding Ltd launched on Wednesday a cut-price voice assistant speaker, similar to Amazon.
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Cut-price generics sold by India's small- and medium-sized drugmakers have been critical in bringing down prices there.
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The store would mark the cut-price brand's first entry in the Nordic region, Japan's top apparel retailer said.
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Nike fell 2.8 percent to $50.38 after Cowen & Co downgraded the shoemaker to "market perform" and cut price target.
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The Royal Opera House (ROH), London's most prestigious opera-and-ballet venue, keenly targets students with cut-price tickets.
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Food delivery apps are gaining ground in China as the country's biggest internet firms set up "cut-price services".
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Initially, Belarusian software specialists won business from Western companies by offering cut-price programing services for businesses and websites.
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Jio has made an immediate impact with the launch of free calls and cut-price data services in September.
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She had been adopted two weeks earlier from a public shelter during a cut-price "clear the shelters" weekend.
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Lozben jumped in to buy cut-price electricity from the now redundant wind farmers to power his cryptocurrency mine.
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Shares in Netflix Inc fell 1.21%, after two brokerages cut price targets on the video streaming service provider's shares.
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PARIS (Reuters) - A surge in production and cut-price deals from supermarkets are bringing caviar to the mass market.
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Jio, a relatively new entrant that has disrupted the market with its cut-price offerings, has paid its dues.
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It has grown rapidly from a small maker of cut-price electronics into the world's biggest supplier of telecoms gear.
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Biogen was off 3.3 percent to $282.83 after Morgan Stanley and Leerink downgraded the drugmaker's stock and cut price targets.
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Celltrion and Pfizer want to sell Remsima in the United States as a cut-price copy of Remicade, or infliximab.
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If you google 'Ivanka Trump clearance', the first item that comes up is cut price sales of Ivanka product lines.
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Nike fell 2282 percent to $2500 after Cowen & Co downgraded the shoemaker's stock to "market perform" and cut price target.
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Facebook was the biggest drag on the Nasdaq, falling 1.6 percent, after Canaccord Genuity cut price target on the stock.
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The cut-price exports of solar panels, aluminum and other goods have become especially contentious during the American presidential race.
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The mattress seller officially priced its I.P.O. at $12 a share, the low end of a sharply cut price range.
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The image of Phuket as a cut-price destination for backpackers and budget-conscious retirees is long out of date.
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Biogen was off 2.6 percent to $285.13 after Morgan Stanley and Leerink downgraded the drugmaker's stock and cut price targets.
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In "Supermarket, North Shields, Tyneside" (1981), an enormous grocery display of cut-price baked beans fills nearly the entire photograph.
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In the late 1990s the tunnel and the advent of cut-price air fares hit the ferry market hard (see chart).
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To the extent that Latin America features at all it is as a source of unwanted immigrants and cut-price competition.
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Another pair of major brokerages cut price targets for a stock that has shed around $50 billion in value since Monday.
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Android smartphone vendors — and cut-price Chinese ones in particular — have for years been accused of copying Apple's iconic smartphone designs.
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It charged into the semiconductor business, for instance, when the company was still known as an assembler of cut-price TVs.
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Mahathir has mended ties with China, reaching a cut-price $11 billion rail link deal, which is a welcome investment boost.
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Coty Inc dropped for the second straight day, down 2.4% as multiple brokerages cut price targets on the cosmetics maker's shares.
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The Apple Inc supplier has struggled with losses due to competition from cut-price Chinese players and slowing growth in smartphone demand.
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PARIS (Reuters) - Brawls broke out in a chain of French supermarkets as shoppers fought over cut-price tubs of Nutella chocolate spread.
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Europe's embattled solar power industry was dealt a blow after cut-price competition from China drove Germany's SolarWorld into insolvency in May.
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Cue the outrage and Apple's apology: cut-price battery replacements and a software update that lets users choose between performance and stability.
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No financial details were given but media reports have spoken of a "cut-price" deal for a tournament that starts in February.
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Across other commodities, the country sharply cut price expectations for copper, oil, metallurgical coal, zinc and lithium as global economic growth deteriorated.
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Former mining services firm Broadspectrum is fending off a cut-price offer from Spain's Ferrovial as it shifts its focus to government contracts.
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Faced with a slumping economy Zimbabweans are so desperate that, for many, even cut-price sex work seems like the least-bad option.
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Since then nearly a dozen other highly placed officials have been found to have received cut-price apartments in various buildings around Sofia.
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But demonstrating the influence of technology is important in an era when politicians routinely blame immigration or cut-price competition from imports instead.
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No evidence has emerged to prove that Mr Abe or Mr Aso ordered either the cut-price sale or the dissembling to parliament.
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Stocks in Chile fell to a two-month low, dragged by lithium producer SQM after a brokerage cut price targets on the stock.
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Americans hunting for cut-price burgers abroad are spoilt for choice: the index shows most currencies to be cheap relative to the greenback.
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FRANKFURT (Reuters) - Europe's embattled solar power industry has been dealt a fresh blow, with cut-price competition from China driving Germany's SolarWorld SWVKk.
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But the market has fostered cut-price competition, with the top three players incurring millions of dollars in losses due to heavy discounts.
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As restaurants position themselves to compete against Kalanick's cut-price offerings, they find themselves paying increasing amounts of money for other digital services.
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Reliance disrupted India's telecoms sector when it launched telecoms unit Jio in late 2016 with cut-price mobile data plans and free voice calls.
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Sales at the diabetes division were down 3.5 percent, reflecting cut-price U.S. sales of Lantus following the expiry of its patent last year.
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Public-sector borrowers (and well-connected private ones) could historically count on cheap loans and cut-price policies from state-run banks and insurers.
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Uber remains the world's highest funded private tech startup with over $20 billion from investors, including a recent cut-price valuation deal with SoftBank.
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God had cast me asunder and wouldn't let me into his house, as if I was trying to sell him cut price cleaning goods.
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The cut-price option of building three submarines rather than four would be a false economy, undermining the principle of "continuous at-sea deterrence".
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If state-owned banks make cut-price loans, or state-owned electricity companies sell cheap energy, Chinese exporters have an unfair advantage, it says.
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That said, it seems a tad spiteful to celebrate him getting a mid-season calf strain by gorging on masses of cut-price pizza.
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Fast-forward five months, and instead of shying away from the notch, cut-price Android smartphone makers from China are embracing, er, copying it.
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The project is currently taking place only in Istanbul, where around 50 sites are selling the cut-price goods, and in the capital Ankara.
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Sellers may accept a cut-price sale because they badly need cash, or because they have a burning desire to upgrade to something better.
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Producing cut-price copies of Advair is a major opportunity for generics companies at a time when fewer blockbuster medicines are losing patent protection.
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Jio, which launched last September, already boasts over 100 million subscribers after drawing in users with months of free service and now cut-price deals.
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Netflix is testing a cut-price mobile-only subscription as it explores new packages aimed at widening its appeal in Asia and other emerging markets.
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At the same time, Saskia says that 'Fly High' events at nightclubs and hotels are advertised with cut-price (or free drinks) for cabin crew.
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Seemingly unstoppable for decades, H&M has been hit by tougher competition in the past couple of years from cut-price brick-and-mortar rivals.
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However, Italy's telecoms market has faced bruising competition among established players and the entry in May of a fourth, cut-price player, France's Iliad (ILD.PA).
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If that sounds a bit dear, then a cut-price option is to subscribe to a service that sends inspirational text messages to your phone.
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The need to offset the fall-off in 3DS sales has led to speculation Nintendo will release another device such as a cut-price Switch.
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More than 20 brokerages cut price targets on the shares, which have fallen more than 50 percent since chief executive Jack Dorsey returned in July.
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In a compromise with the legal teams, the 299 companies that sign up are able to prevent cut-price competitor cigarettes from flooding the market.
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Then, in the late 1990s, during the wave of cut-price privatizations that created many oligarchs, the chance arose to buy the Zaporizhstal steel mill.
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At least three brokerages raised their target price on the company's stock largely banking on the possibility of cash returns, while three cut price targets.
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Gilead Sciences' Truvada is currently the only drug approved in Europe for PrEP, although several generic companies in India make cut-price versions of the product.
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The survey makes for uncomfortable reading, and paints a grim picture of life for the Asian and predominantly female workforce that stitches your cut-price clothing.
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What makes your decision a whole lot easier is when a quality VPN offers a cut-price deal without the need for a long-term commitment.
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General Electric Co fell 8.2 percent to near 373-year lows at $8.35 after J.P. Morgan cut price target on the stock to $6 from $10.
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Hard-disk drive makers Western Digital Corp dropped 0.6% and Seagate Technology dipped 0.4%, after Susquehanna cut price targets citing worse-than-expected memory pricing weakness.
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Airport travelers shuffling between security checks and their boarding gate often grab duty-free perfume or a cut-price bottle of spirits before an international flight.
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The slump in Lloyds shares at the start of last year forced the government to postpone a plan to offer cut-price shares to the public.
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Market newcomer Reliance Jio Infocomm, which has shaken up the sector by offering free calls and cut-price data, is likely to gain from the move.
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The price of lip fillers at most licensed clinics begins at £300, but Phelan paid £125 after spotting a Facebook page advertising the cut-price procedure.
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Norwegian has shaken up long-haul rivals by offering cut-price transatlantic fares, but its rapid expansion has left it with hefty losses and high debts.
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The merger will potentially create India's biggest telecom player in a market that has been disrupted by cut-price offerings from Reliance Industries' telecom arm Jio.
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In September 1977, Freddie Laker challenged legacy carriers by offering cut-price Skytrain flights between London's Gatwick Airport and New York's John F. Kennedy International Airport.
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Flybe has also agreed to demands from its largest shareholder to call a general meeting to consider replacing Chairman Simon Laffin following the cut-price sale.
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Namely, JD Wetherspoon, a chain of just under 900 pubs selling cut-price beer, 12-ounce rump steaks and other affordable fare throughout Britain and Ireland.
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A U.S. court blocked Dr.Reddy's from selling a cut-price version of Suboxone Film on July 13, but not before the drug's market share dropped rapidly.
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The deal should help prop up its operations in the short-term, securing the bookings of those who had taken up the offer of cut-price tickets.
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Jio's free voice and cut-price data plans have also pushed rivals such as Bharti to reduce rates, while forcing smaller players to either regroup or exit.
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According to the report, the activist investor believes Whitbread's strategy is depressing the company's share price and is leaving it open to a cut-price hostile takeover.
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According to the report, the activist investor believes Whitbread's strategy is "depressing" the company's share price and is leaving it open to a cut-price hostile takeover.
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China's exports of cut-price steel, aluminum and other products have become a contentious international issue, prompting anti-dumping tariffs and feeding into the American presidential race.
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"Wealthy people don't determine what they want based on what they can afford," he said, before offering cut-price tickets to his three-day 'Turning Point' seminar.
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Under Highfield, the company bought "i", the cut-price national sister paper of The Independent two years ago to tap into its circulation revenue and advertising base.
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The strike — the biggest that Ryanair has had to grapple with — highlights the shifting fortunes of the Irish carrier, an icon of Europe's cut-price flight boom.
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RCom and other incumbents in India's telecoms sector have been roiled by free voice and cut-price data plans offered by Reliance Jio - the mobile market's newest entrant.
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JAKARTA (Thomson Reuters Foundation) - A popular Singapore retailer came under fire on Thursday for "trivializing" International Women's Day by cooking up a promotion offering cut-price frying pans.
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In India's smaller towns and villages, deep-seated prejudices, often based on caste and religion, and cut-price mobile data can aggravate the so-called fake news problem.
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New airlines are also taking on the transatlantic market such as Nordic budget carrier Primera Air and Iceland's Wow air which has grabbed headlines with cut-price tickets.
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Regis Resources slumped as much as 10% and was the worst performer on the Australian benchmark after brokers downgraded ratings and cut price targets for the mining company.
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In May, Reliance announced that Jio posted its second straight quarterly net profit since its launch in September 2016 as its cut-price plans continued to attract subscribers.
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Jio, with cut-price data plans, has managed to become India's top mobile operator by subscribers and No. 2 globally in a span of less than three years.
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Dollar Shave's cut-price razors have already affected Procter & Gamble's profitable Gillette shaving businesses; the company could do even more damage in the hands of the affluent Unilever.
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Since its launch in September 2016, Jio, billionaire Mukesh Ambani's most ambitious venture, has upended the telecom sector in India with cut price data and free voice calls.
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" Even if they did manage to secure access to cut-price treatment, "I'm not sure there would be anyone with awareness of SM in adults working for those services.
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Last Wednesday, Flybe dismissed a call from its largest shareholder Hosking Partners to oust Chairman Simon Laffin and investigate the British regional airline's cut-price sale to the consortium.
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In the last two years, Reliance's telecoms start-up Jio has used cut-price data and free voice calls to corner over 250 million subscribers, leaving rivals nursing losses.
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AdWeek reports that the cut-price mega retailer has released a new magazine advert that—if peed on by a pregnant woman—releases a special discounted price for cribs.
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And the several analysts, other than Pachter, who cut price targets for Netflix Tuesday all continue to see the shares rising 15 percent or more in the next year.
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Since its launch in September 2016 Jio has added 331.3 million subscribers by offering cut-price data plans and free voice calls, along with free music, movies and more.
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It was behind the first cut-price copy of Roche's blockbuster biotech cancer drug Rituxan and anticipates rapid sales growth in Europe as healthcare providers embrace the cheaper medicine.
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Detractors point out that Luckin's fast growth has relied heavily on cut-price promotions and warn it also faces heavy competition from other chains such as Canada's Tim Horton's.
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According to the report on Saturday, the activist investor believes Whitbread's strategy is "depressing" the company's share price and is leaving it open to a cut-price hostile takeover.
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Jonas cut price targets on GM and Ford, as well as on publicly traded dealer groups AutoNation Inc, Lithia Motors Inc, Sonic Automotive Inc and Group 1 Automotive Inc.
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Apart from Rituxan, Roche, the world's biggest producer of cancer drugs, is also facing competition from cut-price biosimilars of its two other best-selling drugs Herceptin and Avastin.
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The Oslo-listed airline has shaken up the long-haul market by offering cut-price transatlantic fares, but its rapid expansion has left it with hefty losses and high debts.
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Ulta Beauty fell more than 5 percent after the cosmetic retailer's profit and sales forecast fell below estimates, prompting at least three brokers to cut price targets on the stock.
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The threat of such a large fine has pushed Deutsche shares to record lows, and a cut-price settlement is urgently needed to help restore confidence in Germany's largest lender.
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The project backed by Reliance owner Mukesh Ambani launched in September in a flurry of cheap phones, free voice and cut-price data plans that have forced rivals to respond.
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After a long decline it closed in 1965 and was gutted, before its formerly palatial interior was filled with tacky video arcades and tourist shops selling cut-price knick-knacks.
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Jio launched late last year with free voice and cut-price data, sparking a price war in India's cut-throat telecoms sector which has driven down margins and forced consolidation.
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The settlement comes days after rival versions of AbbVie's top-selling drug went on sale in Europe, years ahead of similar cut-price copies being available in the United States.
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The sales are a key channel in driving transaction volumes, where consumers can get cut-price deals ahead of time, but the transaction only goes through on the day itself.
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This year has seen the launch in Europe of the first biosimilar copy of an antibody drug for cancer, opening up a major new disease area to cut-price competition.
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Yum Brands has also pointed towards food delivery apps luring diners with cut-price deals and recent U.S.-China tensions over the South China Sea triggering boycotts of its stores.
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The biggest French retail stock offering since the global financial crisis was a success for around 500,000 domestic punters who saw their cut-price shares jump by almost a fifth.
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Backdrop: Broadcom originally looked at buying all of Symantec itself for $28.25 per share, but then discovered something during due diligence that caused it to change course and cut price.
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LONDON (Reuters) - Supermarket group Tesco, Britain's biggest retailer, is planning a chain of cut-price stores to counter the growth of discount rivals Aldi and Lidl, the Sunday Times newspaper reported.
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The entry of Reliance Industries' telecom firm Jio disrupted the sector in 2016 with free voice and cut-price data plans, driving consolidation in the industry and forcing out smaller players.
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Jio has made an impact with free voice calls and cut-price data services, forcing India's three biggest operators - Bharti Airtel, Vodafone and Idea - to slash prices and accept lower profits.
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Power suppliers in Britain have been under pressure from the emergence of small, cut-price rivals, as well as the cap on retail prices proposed by Prime Minister Theresa May's government.
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The Oslo-listed airline has shaken up the long-haul market by offering cut-price trans-Atlantic fares, but its rapid expansion has left it with hefty losses and high debts.
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Competition in India's telecoms industry has stepped up several levels since the 2016 entry of cut-price player Reliance Jio Infocomm Ltd, leading to RCom shutting down its wireless communications business.
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Keen to bind in an ally, Moscow has kept natural-gas prices low and supplied cut-price crude oil, which Belarus has been able to refine and sell at market prices.
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The company last month said it was even offering $30 — six times Mr. Njoroge's net daily earnings — as an inducement to drivers to sign up to the new, cut-price service.
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The success of i has prompted rival publishers to consider launching similar cut-price newspapers to appeal to readers who for decades have been losing the habit of paying for established titles.
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THE garage in which Hewlett-Packard was started in 1939 is now a private museum—a modest monument to the cut-price creativity and bare-knuckle entrepreneurship that made Silicon Valley famous.
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Struggling with high fuel prices and cut-price competition from the likes of Norwegian Air and Ryanair, SAS is renewing its aging fleet and has been restructuring for years to slash costs.
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The agricultural union Agri SA has requested over $1 billion in government subsidies to help farmers through the crisis, but a cut-price solution could soon be available -- from an unlikely source.
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LONDON (Reuters) - Europe's most shunned stock market sector, banking, is starting to tempt some investors as a string of solid earnings updates persuade them there are cut-price deals to be had.
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Under Highfield, the company, which has more than 200 titles, acquired "i", the cut-price sister paper of The Independent, two years ago to tap into its circulation revenue and advertising base.
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Independent alternative investment manager Man Group advanced 3.7 percent after Credit Suisse initiated coverage with an "outperform" rating, while specialty chemicals maker Victrex gave up 4 percent after Barclays cut price target.
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On the call, he devoted 23 minutes to 25-year-old Tesla investor, Galileo Russell, who runs HyperChange TV. At least three brokerages cut price targets on the stock following the call.
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Jio has shaken up India's telecoms sector since its launch in 2016 by offering free calls and cut-price data plans, forcing rivals to respond with their own cuts and spurring consolidation.
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LONDON, Oct 5 (Reuters) - Teva's blockbuster multiple sclerosis treatment Copaxone faces more generic competition in Europe, just two days after regulators approved cut-price copies of the medicine in the United States.
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Jio, controlled by India's richest man Mukesh Ambani, began operations in late 2016 with free voice and cut-price data, forcing rivals to match prices and triggering consolidation in an overcrowded sector.
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Luckin has gone toe-to-toe with Starbucks since it opened its doors early last year and Wednesday's results highlight the Chinese company's high cash-burn rate to offer cut-price alternatives.
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High expectations ahead of the unveiling have restored Tesla's shares to around the $230-mark, recovering from a year low of $141.05 in February after analysts cut price targets and revenue expectations.
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Through special performances and cut-price promotions aimed at families, 11 percent of the 859,434 spectators in the 2016-17 season were under the age of 28, according to the Paris Opera.
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Norwegian Air has shaken up the market for transatlantic travel with cut-price fares that challenge traditional carriers such as IAG's British Airways, but has so far lacked a domestic U.S. partner.
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LONDON (Reuters) - Rival versions of the world's top-selling drug, AbbVie's Humira, went on sale in Europe on Tuesday, years ahead of similar cut-price copies being available in the United States.
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Two U.S. airlines on Tuesday cut routes between China and the United States, underscoring increasingly tough competition from state-backed Chinese rivals as they aggressively expand their fleets with cut-price tickets.
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PARIS, Dec 19 (Reuters) - The French competition watchdog on Tuesday cleared the sale of Tati, the country's iconic cut-price shop, to domestic rival Gifi, on the condition it sold four stores.
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The publisher of the Yorkshire Post, The Scotsman, and several regional newspapers said total revenue, excluding i — the cut-price sister paper of The Independent - was down 12 percent for the period Jan.
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PARIS (Reuters) - Tati, the iconic cut-price shop whose historic store stands near Paris's Sacre Coeur monument, is to be sold to domestic rival Gifi, said a lawyer involved in Tati's restructuring process.
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It's not clear how much Amazon has paid for these streaming rights, but recent reports have suggested that the Premier League may have had to offer a cut-price deal for these broadcasts.
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Such online-only banks, which hope to win customers from major traditional players with slick apps and cut-price fees, have enjoyed rapid user growth and investor attention since launching in recent years.
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The company's continued losses are, in part, a result of competition from free voice and cut-price data plans offered by Reliance Jio Infocomm, the telecom startup backed by Ambani's elder brother Mukesh.
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Like other Indian telecoms firms, Reliance Communications (RCom) was hit by a fierce price war following the entry of Mukesh Ambani's telecom upstart Jio, which offered free voice and cut-price data plans.
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As long as travellers are willing to put up with a bit of misery in return for cut-price tickets, Cruz and IAG can survive the rough ride they are experiencing right now.
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Susquehanna Financial Group analyst Christopher Rolland, who said he believed Huawei had built up a one-to-two-year supply of U.S. components, cut price targets on several microchip companies, including Xilinx Inc.
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Happily, we give the cut-price chicken chain a miss and instead shoehorn in a trip to P. Franco, a wine shop and bar, where the conversation turns back to the razor clams.
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While many live in recreational vehicles with names like Lazy Daze, these nomads do hard work for low wages, and know how to find a free shower, cut-price dentistry and discount Viagra.
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U.S. airlines have so far struggled to gain a foothold in China, scaling back routes amid tough competition from state-backed Chinese rivals that are aggressively expanding their fleets with cut-price tickets.
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Like other Indian telecoms firms, RCom has been hit by a fierce price war over the last year, especially after the entry of Reliance Jio, which offered free voice and cut-price data plans.
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It has seen margins at the snus and snuff unit - its main cash cow - shrink in recent years due to increased cut-price competition in main market Sweden and the U.S. snus launch push.
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After cut-price supplies from China and the Soviet Union ended following the Cold War, consumption dropped from 76,000 barrels per day in 1991 to an estimated 15,000 last year, according to the EIA.
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Mid-cap independent alternative investment manager Man Group advanced 3.7 percent after Credit Suisse initiated coverage with an "outperform" rating, while speciality chemicals maker Victrex gave up 4 percent after Barclays cut price target.
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LONDON (Reuters) - Cut-price copies of expensive biotech drugs promise to slash the cost of treating serious diseases, including cancer, in rich and poor countries alike - but uneven regulation has created a lopsided market.
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Almost all universities charge the maximum, whatever the course—not because they are a "cartel", as some say, but because no university wants to suggest that it offers a cut-price, second-rate degree.
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In China, where it faces increased competition from cut-price newer entrants, the company said it was seeking to invest in its product rather than engage in what it saw as unsustainable price cuts.
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In the testimony, reviewed by Reuters, a middleman said that Sá helped coordinate a scheme in which Petrobras employees purportedly accepted bribes from commodity trading firm Vitol in return for cut-price oil contracts.
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It is now feeding a consumer-spending boom, as middle-class Chinese order anything from a sofa to a selfie-stick with a tap on a smartphone, for express delivery at cut-price rates.
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SAS is in the midst of renewing an elderly and fuel-intensive fleet after spending years cutting costs in the face of cut-price competition from budget carriers such as Norwegian Air Shuttle and Ryanair.
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But Mukesh Ambani has re-entered the telecoms space with the launch of Jio in September 2016, upending the sector with cut-price data and free voice service and pushing RCom into a debt spiral.
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Urban Outfitters was the biggest percentage loser on the S&P, with an 8.4 percent decline following a sales miss that led William Blair to downgrade the stock and other brokerages to cut price targets.
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While calling for a global investment court to settle disputes, the commission will also assert the right to impose punitive tariffs whenever products such as cut-price steel from China are dumped on European markets.
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However, the company is likely to escape generic competition in the United States this year as, so far, generic competitors have failed to win U.S. approval for the cut-price equivalent form of the medicine.
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Unlisted generic drugmaker Alvogen, which developed the cut-price version with India's Natco Pharma, said it expected the cheaper product to save the U.S. healthcare system up to $500 million in the upcoming flu season.
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Johnston, which has over 200 titles across the country, acquired "i", the cut-price sister paper of The Independent, for 24 million pounds last year to tap into its growing circulation revenue and advertising base.
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While the brisk spending fuelled a seven-fold jump in revenue growth over the period, losses widened and costs ballooned more than three times as it offered cut-price alternatives to U.S. coffee giant Starbucks.
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While the brisk spending fueled a seven-fold jump in revenue growth over the period, losses widened and costs ballooned more than three times as it offered cut-price alternatives to U.S. coffee giant Starbucks.
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DENVER/SHANGHAI (Reuters) - Two U.S. airlines on Tuesday cut routes between China and the United States, underscoring increasingly tough competition from state-backed Chinese rivals as they aggressively expand their fleets with cut-price tickets.
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Scandinavian airline SAS said on Tuesday it would look at additional cost-cutting measures beyond 2.033 after reporting a drop in third-quarter earnings due to a pilot strike, high fuel prices and cut-price competition.
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The company, which has signed on 128 million users in less than a year via cut-price deals, is now eyeing between 250-300 million customers in the next two years, a source has told Reuters.
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Unhappy workers are casting their lot with populist politicians, who are in turn looking to rein in the disruption caused by everyone from tech unicorns in Silicon Valley to sellers of cut-price steel in China.
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Indivior, spun-off from Reckitt Benckiser in 2014, has been involved in a number of legal battles with generic drugmakers to stop them from flooding the U.S. market with cut-price versions of its Suboxone Film.
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While its relatively new telecom start-up named Jio has grown rapidly via offering cut-price data plans, its retail business that has been around for over a decade has now begun to grow quickly too.
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LONDON (Reuters) - European drugmakers, faced with increasing competition from cut-price copies of complex biotech drugs, cautioned doctors on Thursday to take care when switching patients from an established product to a so-called biosimilar version.
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The expiry of the basic patent allowed generic drugmakers including Actavis, now renamed Allergan, to launch cut-price versions of the medicine, which carried a "skinny label" limiting their use to epilepsy and general anxiety disorder.
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Idea's larger rival Bharti Airtel Ltd posted a surprise profit last week, helped by tax gains, but its bottomline remained under pressure as it tries to keep up with Mukesh Ambani-backed Jio's cut-price strategy.
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In a separate statement, the company said it entered into an agreement with Alvogen Pine Brook to stop Alvogen temporarily from selling, offering to sell or importing cut-price versions of its blockbuster opioid addiction treatment.
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RIO DE JANEIRO, March 24 (Reuters) - * BRAZILIAN STATE-RUN OIL FIRM PETROBRAS TO CUT PRICE OF GASOLINE AT REFINERIES BY 15% ON WEDNESDAY -STATEMENT (Reporting by Marta Nogueira and Rodrigo Viga Gaier; Writing by Gram Slattery)
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Apple has booked orders for up to 65 million of its older iPhones and up to 15 million units of a new cut-price model that it plans to unveil in March, according to the report.
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Austria's Association of Metaltechnology Industries said late on Tuesday it had filed the complaint over the law against companies that use cut-price labor, saying it makes it hard for Austrian groups to work with foreign contractors.
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The trend for cut-price renewable energy is already set but the report by the International Renewable Energy Agency (IRENA) gives fresh evidence of the speed of the decline, driven by increased production runs and technology improvements.
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Switzerland-based Roche, the world's biggest producer of cancer drugs, is stepping up cost cuts in an efficiency drive made unavoidable by competition from cut-price biosimilars of its three best-selling drugs Rituxan, Herceptin and Avastin.
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VICE News found thousands of Black Friday deals on dark web marketplaces, such as Dream and Wall Street Marketplace, with vendors offering everything from discounted heroin and weed to cut-price lifetime Netflix subscriptions and even knuckledusters.
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The U.S. Supreme Court dealt a blow to Indivior on Tuesday when it cleared the way for a cut-price version of its Suboxone Film in a victory for India-based generic drug maker Dr. Reddy's Laboratories.
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Others winners were Harambee Youth Employment Accelerator, a youth training scheme in South Africa, mPharma, a Ghana-based business getting cut-price drugs to people in Africa, and mPedigree, a Ghana app identifying counterfeit seeds and drugs.
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Jio, built with an investment of around $40 billion, has won more than 340 million subscribers with its cut-price offerings but has had to pay a high fee to its rivals because they have more customers.
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Airline Flybe jumped 23.5 percent after confirming that its largest shareholder had urged the company to remove its Chairman and investigate its cut-price sale to a consortium that included Richard Branson's Virgin Atlantic, Stobart, Cyrus Capital.
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FirstRand's move, announced on Thursday, to cut fees and up rewards on its current accounts from July follows similar decisions by competitors like Standard Bank in response to cut-price or zero-fee offerings from new entrants.
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The company's drug sales are currently falling as it tries to transition to a new wave of products and away from reliance on old medicines that are now off patent and subject to cut-price generic competition.
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If one so desired, one could construct a route, walking between all four, searching and scrabbling through the reduced section for a cut price rice pot, or decaying pack of spring onions, or some ghastly looking ham.
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Since its launch in 22.6, Jio has roiled India's telecoms sector by offering free calls and cut-price data plans, forcing rivals such as Bharti Airtel to respond with price cuts of their own and spurring consolidation.
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The Sunday Times newspaper reported over the weekend that power suppliers National Grid and SSE were shifting ownership of their British operations into offshore companies to protect against Labour leader Jeremy Corbyn's threat of cut-price nationalisation.
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Novartis' Sandoz unit is also working on a generic copy of Advair and the arrival of such cut-price versions is likely to add to price pressures across the respiratory market, affecting similar products such as AstraZeneca's Symbicort.
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Austria's Association of Metaltechnology Industries said late on Tuesday it had filed the complaint over the law against companies seeking to employ cut-price labour, saying it makes it hard for Austrian groups to work with foreign contractors.
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ZURICH (Reuters) - Switzerland's Novartis increased pressure on Roche's ageing stable of big-selling drugs on Monday by becoming the latest company to win European approval for a cut-price version of Rituxan for blood cancer and immunological diseases.
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Symantec Agrees to Cut-Price Sale of Veritas | Carlyle has agreed to pay $7.4 billion for Veritas, Symantec's data-storage business, down from the $8 billion purchase price agreed to last August when the transaction was first announced.
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Norwegian, which has shaken up long-haul rivals by offering cut-price transatlantic fares, said in May it had received two conditional proposals for a full takeover from IAG, but had rejected them because they undervalued the company.
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SAS, which is part-owned by Sweden, Norway and Denmark, is in the midst of renewing an elderly and fuel-intensive fleet in the face of cut-price competition from the likes of Norwegian Air Shuttle and Ryanair.
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SAS has been cutting costs for the best part of a decade and is renewing its elderly and fuel-intensive fleet in the face of cut-price competition from budget carriers such as Norwegian Air Shuttle and Ryanair.
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Like its peers, it hopes to challenge traditional lenders by offering increasingly tech-savvy consumers quick and easy digital money management tools, cut-price fees and a "marketplace" where users can shop around for products from various providers.
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Writing the shares down by more than half after a cut-price IPO - and perhaps also being heavily diluted by newly issued shares - would be embarrassing for Chief Executive Masayoshi Son while he is raising Vision Fund 2.
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Norwegian, which has shaken up long-haul rivals by offering cut-price transatlantic fares, said in response it had received two conditional proposals for a full takeover from IAG, but had rejected them because they undervalued the company.
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Daily Mail and General Trust said earlier on Friday it would pay 50 million pounds ($64 million) in cash to JPI Media for the "i", established as the cut-price national sister paper of The Independent in 2010.
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The company's losses are, in part, a result of competition from free voice and cut-price data plans offered by Reliance Jio Infocomm, the telecom start-up backed by Ambani's elder brother and India's richest man Mukesh Ambani.
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Analysts at Credit Suisse and CFRA cut price their stock targets prices on Monday from $2.93 to $10 and $9, respectively, citing uncertainly about GE's earnings and margins, and potential liabilities and writedowns at its insurance and power units.
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A new generation of cut-price precision munitions could change the way America's army wages war, for despite being the world's most technologically advanced and generously funded force, it still employs a great deal of cheap, dumb, unguided weapons.
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He said he was testing the validity of the scare stories about a no-deal Brexit, such as empty shelves caused by snarl-ups at ports, in his own pubs, which offer cut-price deals on drinks and meals.
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Flybe also said it was inviting airline industry veteran Eric Kohn to meet with the company's nomination committee after Hosking Partners' last week called for him to be named director and investigate Flybe's cut-price sale to a consortium.
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On the mid-caps, G4S, the world's biggest security firm, lost 4.6 percent as RBC cut price target after what the brokerage called "messy" results and said it was sceptical of the company's plan to separate its cash business.
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Instead of focusing on Apple's strength, analysts chose to focus on how they thought it would be the last good quarter for iPhone sales, so Apple's earnings would be downhill from there, and analysts began to cut price targets.
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Japanese electronics makers have struggled to compete against their Asian rivals, ceding market share to cut-price Chinese competitors at the low end of the market but also failing to innovate enough to stay ahead in high-end products.
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LONDON (Reuters) - European oncologists will soon get their hands on cut-price copies of breast cancer drug Herceptin, turning the screws on maker Roche and giving another boost to a new breed of companies focused on so-called biosimilars.
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That slide in revenue accelerated after deep-pocketed Jio began offering free voice calls and cut-price data plans - a move that gave millions of low-income Indians internet access but battered rivals as they sought to keep up.
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The Belarusian leader has, particularly since Mr. Pompeo's visit, taken an increasingly hostile view of any such amalgamation, even as he continued to vociferously demand the cut-price Russian energy he needs to keep his country's sickly economy afloat.
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While the drug's latest success had been expected, the positive results seen in a wide range of patients should underpin demand for a medicine that Roche is relying on as several of its blockbuster cancer drugs face cut-price rivals.
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Other government measures to promote competition include the removal of the sim lock from handsets, forcing carriers to alert users when contracts are up for renegotiation, and cracking down on cut-price handset deals that smaller players cannot compete with.
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France's biggest telecoms firm, which has bet on bundling offers for broadband and mobile and high investments in its networks, has been struggling with cut-price competition since Iliad started to offer low cost mobile services in 2012 in the country.
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The carrier, which has shaken up the long-haul market with cut-price transatlantic fares, also announced a two-year plan of fresh cost cuts and capacity reductions to help earnings, after its rapid expansion had led to hefty losses.
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Vodafone Idea and rival Bharti Airtel Ltd posted losses in the quarter to June, hit by a price war that began after conglomerate Reliance Industries launched its Jio telecoms arm in 2016 with free voice and cut-price data services.
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Vodafone Idea and rival Bharti Airtel Ltd reported losses for the quarter to June, hit by a price war that began after conglomerate Reliance Industries launched its Jio telecoms arm in 2016 with free voice and cut-price data services.
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The question hanging over today's antitrust debates is whether startling deals for consumers—from Gmail to cut-price organic almond butter—are the happy by-products of innovation or the foundations of formidable barriers to competition, which will ultimately harm consumers.
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LONDON (Reuters) - Cut-price copies of an expensive Roche biotech drug for blood cancer have taken 80 percent of the British market since launching last year, saving the healthcare system 80 million pounds ($113 million) a year, experts said on Wednesday.
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It is starting to gain traction, too, in Europe, with France offering free supplies, while in Britain and other markets, where it is not paid for by the government, people are turning to online "buyers clubs" to get cut-price generics.
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The mechanism, which so far has British drugmaker GlaxoSmithKline signed up to provide its pneumonia vaccine at the lowest possible price, will ask other major pharmaceutical firms including Pfizer and Merck to make similar cut-price agreements for emergencies only.
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Norwegian has shaken up long-haul rivals by offering cut-price transatlantic fares, but its rapid expansion has left it with hefty losses and high debts, leading it to shift recently to focus on cutting costs and bolstering its finances.
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Cinemas offer cut-price tickets in the middle of the day, airlines offer cheaper seats with less leg room and flying at ungodly hours—surely it cannot just have occurred to Disney to charge more when more people want to go?
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NEW DELHI (Reuters) - Iceland's transatlantic budget carrier Wow Air plans to launch cut-price flights between Delhi and North America, the airline's CEO said, in an effort to attract cost conscious travelers in India - the world's fastest-growing aviation market.
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France's EDF fell 4.4 percent to a record low after Exane and Deutsche Bank cut price targets and brokerage Bryan Garnier flagged concerns over future cash flows after a report by French agency Andra about the costs of managing radioactive waste.
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The company, controlled by Anil Ambani, has been hit by free voice and cut-price data plans offered by the mobile market's newest entrant, Reliance Jio Infocomm, the network operator backed by Ambani's older brother and India's richest man, Mukesh.
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An AFP news agency report that the bank was nearing a cut-price settlement of $5.4 billion helped the euro recover after the currency fell to a nine-day low of $1.1153 around the start of the U.S. trading session.
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But the shale boom changed that and triggered a race to build such facilities, seen as the quickest way to profit from an export ban that kept cut-price crude at home while allowing refined fuels to be sold overseas.
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The move signals a shift in Cipla's strategy from just three years ago, when Chairman and founder Yusuf Hamied said the company aimed to replicate its success at launching cut-price AIDS drugs in Africa in 2001 with cheap biosimilars.
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The Oslo-listed airline has shaken up long-haul rivals by offering cut-price transatlantic fares, but its rapid expansion has left it with hefty losses and high debts, leading it to shift recently to focus on bolstering its finances.
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France's EDF fell 3 percent to a fresh record low after Exane and Deutsche Bank cut price targets and Bryan Garnier flagged concerns over future cash flows after a report by French agency Andra about the costs of managing radioactive waste.
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A clinical trial for the combination therapy resulted in a modest benefit for patients, but Roche has expressed confidence that Perjeta will drive sales as it tries to offset the hit from cut-price competition to top-selling biological cancer medicines.
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Suboxone Film is responsible for 80 percent of Indivior's revenue and its market share has been falling — from 57 percent in 2017 to 50 percent more recently — after Dr. Reddy's launched a cut-price version which Indivior says infringes its patents.
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United Nations inspectors and North Korean defectors say the Cairo embassy has become a bustling arms bazaar for covert sales of North Korean missiles and cut-price Soviet-era military hardware across a band of North Africa and the Middle East.
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It is the latest in a string of downgrades at consumer-facing firms and even deep discounting at the country's biggest cut-price retailer failed to keep the checkouts churning as stagnant wage growth and a property downturn spooked shoppers.
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Norwegian, Europe's third-largest budget carrier, has shaken up the market for transatlantic travel with cut-price fares that challenge traditional carriers such as IAG's British Airways, but its breakneck expansion left it with high debts and in the red.
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Starting in 1996, when Mr. Lee was just 28, Samsung companies began issuing him cut-price bonds that he was later able to convert into stock, allowing him to accumulate valuable ownership stakes at a fraction of the market cost.
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Reliance Jio Infocomm Ltd, or Jio, which disrupted the country's telecom industry with free voice and cut-price data, swung to a profit of 5.04 billion rupees ($78.97 million) in the third quarter from a loss of 2.71 billion in the second quarter.
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A banker familiar with Basic-Fit's bookbuilding process attributed its price slide largely to a 231 percent fall over the past month in Gym Group PLC shares, which had been seen as the closest comparison among a new breed of cut-price gyms.
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Still, even if they are forced to cut price differentials and wait longer to find buyers, Nigeria stands to make some $9 million more for each exported cargo following the deal, which is no small salve to a country battling an economic crisis.
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The airline has shaken up the long-haul market with cut-price transatlantic fares, but its rapid expansion has left it with hefty losses and high debts and it had to raise 28.5600 billion crowns ($350 million) from shareholders earlier this year.
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The airline has shaken up the long-haul market with cut-price transatlantic fares, but its rapid expansion has left it with hefty losses and high debts and it had to raise 2100 billion crowns ($21.3 million) from shareholders earlier this year.
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The airline has shaken up the long-haul market with cut-price transatlantic fares, but its rapid expansion has left it with hefty losses and high debts and it had to raise 3 billion crowns ($350 million) from shareholders earlier this year.
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LONDON (Reuters) - The World Gold Council, owner of the world's largest gold-backed exchange traded fund (ETF), is launching a new fund with a cut-price management fee to fend off rivals with lower charges, a source familiar with the matter told Reuters.
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This is not the first time OPEC has overestimated the effectiveness of what, during the era of John Rockefeller's Standard Oil, used to be called "a good sweating": attempting to flood the market with cut-price oil to drive competitors out of business.
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The airline has shaken up the long-haul market with cut-price transatlantic fares, but its rapid expansion has left it with hefty losses and high debts and it had to raise 21.3 billion crowns ($9.73 million) from shareholders earlier this year.
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The London-based private equity house wants to cash out before a new wave of patent expirations takes place in Italy in 2017, hoping to take advantage of strong growth prospects for cut-price medicines in the world's eighth-biggest pharmaceuticals market.
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At first saying he would "take a peek" at the part of the American Health Care Act legislation that includes the cut, Price defended the Republicans' current plan, calling the ObamaCare tax rule that would be rolled back a punishment on healthcare executives.
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AbbVie currently sells the RA treatment Humira, which is the world's top-selling prescription drug, but it is looking for new medicines to expand its portfolio to counter the impact of cut-price competition from biosimilar copies of Humira in the coming years.
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Luckily, there are ways to step away from the mayhem to do something a little bit different — something that doesn't involve getting elbowed in the ribs to buy a cut price TV. Here are five ways to do good this Black Friday.
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"Ono shares have been driven up for months by hopes the government may not cut price for drugs next year but in recent days there was buying to anticipate a Nobel Prize bonanza," said Tomoichiro Kubota, senior market analyst at Matsui Securities.
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And I think a lot of these cruise lines and airlines and these other players are going to really start to cut price, drive traffic, we're incentivizing some additional payment checks coming in for people that are going to be laid off.
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Norwegian, Europe's third-largest budget carrier, has shaken up the market for travel across the Atlantic with cut-price fares that challenge traditional carriers such as IAG's British Airways, but its breakneck expansion left it with high debts and in the red.
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The large number of Humira copies reflects intense rivalry for a slice of a huge market as demand for so-called biosimilars takes off in Europe, where adoption of the cut-price products has been much faster than in the United States.
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Property market experts say a growing number of people are being attracted by the cut-price fees of online estate agents in Britain, which means that a number of sites, including Gumtree and Spareroom, already allow people to find rooms to rent without an agent.
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The project is being led by chief technology officer Tareq Amin, whose last job was at Indian telecoms startup Reliance Jio that rapidly won a mass following with its free voice and cut-price data plans, forcing rivals to exit the market or merge.
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Reliance led by Mukesh Ambani, Asia's richest man, said on Monday Saudi Aramco was to invest roughly $15 billion for a 20% stake in its oil-to-chemicals business, while also detailing plans to launch cut-price home internet services across India next month.
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Ambani disrupted India's telecoms industry in late 2016 when he launched Jio with free voice and cut-price data plans, pushing some rivals out of business and forcing others to match tariffs and consolidate in a crowded sector that once comprised more than 10 carriers.
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Profits of Vodafone Idea and Bharti Airtel have been hit and some rivals have gone out of business since Reliance Industries' Jio Infocomm unleashed a fierce price war when it entered India's crowded telecoms market in 2016 with free calling and cut-price data.
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SYDNEY (Reuters) - Struggling to adjust in the face of a damning inquiry into the financial sector, two of Australia's top banks shelved plans for share market spin-offs on Wednesday while its biggest wealth manager faced an investor revolt over a cut-price asset sale.
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JOHANNESBURG (Reuters) - South Africa's biggest banks are betting cut-price accounts, big mortgages and offers on everything from Adidas backpacks to Xboxes will help them win over the youth market, which many overlooked until it was targeted by a host of start-up rivals.
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Cut-price copies of that so-called biosimilar grabbed more than a third of the market within a year of being launched in big EU countries in the third quarter of 2015, and Celltrion's strategy head thinks his Rituxan copy could do even better.
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PARIS, April 12 (Reuters) - BNP Paribas' newly acquired Compte Nickel, which offers cut price bank services in France's huge network of tobacconists, said Thursday it has changed its brand name to Nickel as it seeks to double the number of clients to 2 million by 2020.
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Europe, too, has become a protected zone as steel makers have persuaded authorities in the region to apply so-called "safeguard" protections — a combination of quotas and tariffs — to ensure that cut-price metal once destined for the United States does not wind up in, say, Germany.
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SHANGHAI, Feb 18 (Reuters) - The chief executive of Uber Technologies Inc said the company is burning through more than a billion dollars a year in China, where it is locked in a fierce battle with larger local rival Didi Kuaidi to lure consumers with cut-price deals.
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The twin tragedies - so close together and with such a high death toll - have brought into focus the dire working and living conditions imposed on thousands of migrant farmhands whose cut-price labor allows Italy to be one of the biggest fruit and vegetable exporters in Europe.
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Not if it wants privacy to be the clear blue water that differentiates its brand in an era of increasingly cut-throat and cut-price Android -powered smartphone competition that's serving up much the same features at a lower up-front price thanks to all the embedded data-suckers.
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The group's billionaire chairman, Mukesh Ambani, also unveiled plans to launch cut-price home internet services across India next month, threatening to disrupt the telco market with offers of free voice calls for life, television and movie streaming, and even TV sets to go with some subscription plans.
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NEW YORK (Reuters) - In 2300, Plains All American bought a shuttered Virginia refinery for $4503 million to use as a terminal and storage hub, betting that East Coast refiners would need to look beyond their own rail yards to satisfy their thirst for cut-price inland crude in coming years.
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Bypassing the fact that many physical stores are closed on Thursday, or open towards the end of the day, a number of businesses are taking advantage of the fact that most people in the U.S. are not working today to get them started on their winter shopping with cut price deals and more.
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The cuts have driven global steel prices 60 percent higher since late 2015, according to consultants MEPS The global steel sector is still straddled with excess capacity in China and beyond however, and the U.S. fears China could again export its cut price excess steel if faced with a downturn at home.
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Labour's manifesto bristles with government-powered solutions to every problem: the renationalisation of the utilities; a free, state-run British Broadband Service; a state-run drug company to provide cut-price medicines; a sustainable-investment board and a national energy agency; national commissions on food, health, working time, women, pensions; and agencies galore.
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ZURICH/BERLIN, Sept 14 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Friday: The world's biggest producer of cancer drugs is stepping up cost cuts in an efficiency drive made unavoidable by competition from cut-price copies of three mega-brands from its famed U.S. Genentech biotech stable.
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The country's four biggest lenders - Absa, Standard Bank, Nedbank and FirstRand - told Reuters it was hard to access the skills they need to rapidly digitise - a response to growing demand for online and mobile banking and the arrival of a host of digital-only banks trying to steal their customers with slick apps and cut-price fees.
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The country's four biggest lenders - Absa, Standard Bank, Nedbank and FirstRand - told Reuters it was hard to access the skills they need to rapidly digitize - a response to growing demand for online and mobile banking and the arrival of a host of digital-only banks trying to steal their customers with slick apps and cut-price fees.
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The drug has beaten rivals in fighting relapsing remitting MS and could become the only approved drug for primary progressive MS. The picture is a lot less certain for Britain's GSK as it faces the threat of cut-price competition from Mylan, which hopes to secure approval for the first substitutable generic copy of GSK's top-selling Advair lung drug by March 28.
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The powers that be perceived that clubs had previously used the administration process as a way of getting around their financial commitments – jettisoning debt and striking cut-price deals with their creditors, often before piling debt on again with further borrowing – and so they proposed 10 and nine-point penalties for those going into administration in the Football League and Premier League respectively.
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Rapid changes in technology — Expectations of a rapid ramp-up in automated driving technology such as Automatic Emergency Braking should change "the desirability, insurability and useful life of the $2 trillion worth of used cars in the U.S." In the note, Jonas also cut price targets by more than 10 percent for Adient, Ford Motor, Group 1 Automotive and Lear, which he also downgraded to underweight from equal weight.
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Part of the reason that Amazon is interested in acquiring third-party brands and building its own private-label business is because the company has typically had a hard time shaking its no-nonsense and decidedly unsexy image as a purveyor of cut-price books, electronics and just about anything under the sun — an image that has kept some fashion brands away from selling through the site, and keen fashionably-minded shoppers from visiting and buying there.
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It's notable that Fair is backed by the same investor that helped propel both WeWork and Uber to giant valuations ahead of the companies seeing their fortunes change: Uber's in the public markets where it's been pounded for its losses and WeWork before it ever got to its IPO (the company had to withdraw its filing and just this week saw SoftBank scoop up 80% of its business at a cut price in order to keep the whole thing from going under).
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THE CABLE COMPANY NOW SAYS NOW YOU CAN GET IT ON PRIME SO WE DON'T NEED TO OFFER IT ANY LONGER WE CAN CUT PRICE WE CAN ELIMINATE IT FROM THE BUNDLE INTERESTING CHOICE ON AMAZON'S PART PERHAPS THEY SEE OPPORTUNITIES PERHAPS THERE ARE OPPORTUNITIES FOR THEM OF THE SALES OF TICKETS, SALE OF MEMORABILIA OR PROGRAMMING OR ADVERTISING WHERE WE KNOW THEY BECOME AN IMPORTANT PLAYER CERTAINLY WHEN IT COMES TO SEARCH ON THE ACTUAL AMAZON PLATFORM BUT MANY OF THE MERCHANTS NEED TO DO THAT AS WELL SO VERY INTERESTING TO NOTE.
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