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Analysts pointed out that the recent moves would be used by Qualcomm for further dialogue with Apple to sort out the dispute between the two firms.

Analysts at Jefferies Financial Group, a New York investment bank, said the coronavirus appears to be spreading in Arizona, Texas and Utah. As a result those states are experiencing an economic slowdown after earlier signs of a rebound.

An outstanding question is whether Kalanick would relinquish his seat or the two empty ones under his control, which is the focus of Benchmark's suit, or whether new seats would be created.

Angela Chao, who joined the Foremost Group in 2001, said the core values of the company have never changed.

Analysts said the inflation rate may continue at relatively high levels in the coming months, but will not rise strongly, in a way that could affect the country's stable monetary stance. The reading was the highest since February 2018, when it was 2.9 percent.