| | Global stocks set new highs, dollar weakens on data | | NEW YORK (Reuters) - A gauge of global equities rose and shares on Wall Street set new highs on Friday as investors shrugged off the latest missile test by North Korea, while the dollar eased on unexpected weak economic data that dimmed the likelihood for a U.S. rate hike. |
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| | Hurricane Harvey slams U.S. retail sales, industrial output | | WASHINGTON (Reuters) - U.S. retail sales unexpectedly fell in August and industrial output recorded its biggest drop since 2009 as Hurricane Harvey disrupted activity, suggesting the storm could dent economic growth in the third quarter. |
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| | Bitcoin bounces 20 percent after dipping below $3,000 | | LONDON (Reuters) - Bitcoin bounced by more than 20 percent in the space of just four hours on Friday, having skidded below $3,000 earlier as Chinese authorities ordered Beijing-based cryptocurrency exchanges to stop trading. |
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| | Accenture sees 'secular downward' trend in bank fees | | SAO PAULO (Reuters) - Bank's services fees face "secular downward" pressure in the long run, which will drive lenders back toward credit transactions whose margins are resilient to competition and new technologies, a senior executive at management consultants Accenture Plc said. |
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