Archive | Markets

Putin invites Trump to Moscow

Both Trump and Putin have said they are determined to improve relations. Trump was criticized at home for failing to confront Putin publicly o...

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Trump gets his big moment to boast about trade war

Trump has surprised before by pushing ahead with tariffs even after Treasury Secretary Steven Mnuchin in May declared the trade war was "on hold...

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Zuckerberg loses $16 billion in record Facebook fall

The results spelled out disaster for its market value, despite the company heading into Wednesday with a share price of $217.50. Zuckerberg, ...

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Twitter shares hammered, as bad week in social media business gets worse

The company's stock plunged today after it reported a decline in its monthly users and warned that the number could fall further in the coming m...

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South Africa has no money for crucial nuclear energy project

After all, while the BRICS still emphasize the importance of multilateralism, it is clear that they are not wedded to the current global order...

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US economy surges to 4.1 percent growth rate in April-June quarter

They showed a higher household-saving rate than previously reported , as well as faster growth in the first quarter of recent years, though the...

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Donald Trump open to Moscow visit if Putin formally invites him

A summit last week between the pair in Helsinki caused Trump serious domestic problems, with the U.S. president accused of appeasing a man who...

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Vladimir Putin invites Donald Trump to Russian Federation

Mr Putin was speaking during a trip to Johannesburg, South Africa, where he suggested that sanctions against his country have turned currency "i...

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Bitcoin ETF mania dented as SEC again rejects Winklevoss fund

We do know that this is mostly likely down to the SEC decision to reject the Winklevoss application for a Bitcoin ETF but regardless of wh...

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Heritage: Zero-tariff agreement with European Union a good 'first step'

In a sign that the EU's threats of putting more pressure on Trump's political base, and alternative offer of helping buy their products, worke...

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Facebook shares, still reeling from earnings report, plummet 19 percent

Zuckerberg controls about 60% of Facebook's voting shares, so the proposed change would represent only a limited check on his power, notes T...

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Oil prices climb as Iran-backed Houthi rebels attack Saudi Arabian tankers

Saudi Arabia's oil minister, Khalid Al-Falih, confirmed that two VLCCs operated by state-owned shipping company Bahri were attacked by Houthi re...

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Facebook quietly sets up subsidiary in China

It has done the same elsewhere, including France, Brazil, South Korea and India. The office will house a $30 million subsidiary called Facebook ...

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Trump says China trade talks go ‘really well’. Officials ask: ‘What talks?’

The EU will also become "a massive buyer" of U.S. liquid natural gas, he said. " Soybeans is a big deal". While EU officials had threatened...

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Donald Trump 'deal' with European Union boss Jean-Claude Juncker averts trade war

Trump also touted the open markets he hoped to reach for Europeans to import food from the U.S. In 2017 the United States exported about 2.5 m...

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Qualcomm expects Apple to ditch its modems for next-generation iPhones

The phone is expected to feature the same design and specs as the 5.8-inch iPhone Apple will debut in September, but it will have a bigger 6.5-i...

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ICJ warns USA of any new move against Iran

According to the official website of the Iranian government, dolat.ir, Mohsen Mohebi, head of the Presidential International Legal Center said ...

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United Kingdom planning for "adequate" food supplies in wake of no-deal Brexit

The pair presented a united front, with Mr Raab insisting there was "no tension" between him and Mr Robbins despite "some shifting of the Whiteh...

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Facebook shares fall as user growth slows

Throughout the earnings call, efforts were made to highlight the fact that the company's future growth would not come from the core Facebook p...

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Trump says China is targeting United States farmers, being ‘vicious’

President Donald Trump said that the USA and the European Union should drop all tariffs, barriers and subsidies, just hours before the bloc'...

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Ex Fiat Chrysler boss Sergio Marchionne has died aged 66

The carmaker's controlling family shareholder confirmed news reports of his death on Wednesday, without giving the cause of death or saying wh...

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U.S. and European Union should ‘drop all Tariffs, Barriers and Subsidies’, Trump says

But, they are expecting us to offset the cost of the (50 percent) tariff. Trump also erroneously claimed the U.S. lost $817 billion on trade p...

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Trump accuses China of using 'vicious' trade tactics

China is the largest buyer of USA soybeans and one of the largest importers of US pork. Ross's visit followed a Washington trip in May by C...

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$522M Mega Millions Ticket Sold In California; $3M Winner In Massachusetts

Mega Millions & Powerball jackpots: These are the 10 biggest lottery jackpots & their winnersPlenty of people said they should have bought their...

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Sergio Marchionne, who saved Fiat and Chrysler, has died

Marchionne was recovering from surgery and that these have worsened significantly in recent hours. His passing was confirmed Wednesday by John...

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Deciphering the War of Words Between the U.S. and Iran

The U.S. was a driving force behind the agreement under former President Barack Obama , but Trump has long taken issue with the accord, rep...

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Ryanair warns of long term hit by Irish strikes

He said if a seniority system was in place, a captain based in Berlin who was up the list because they had longer service, could displace an Iri...

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Trump To Give $12 Billion In Farm Aid To Offset Tariffs

Sen. Ben Sasse , R-Neb., said the plan would spend billions on "gold crutches", adding, "America's farmers don't want to be paid to lose - the...

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Johnson blasts Trump on trade, calls it 'Soviet' economy

Some of fruits to be hardest hit by the trade policies are cherries - which are now facing a 50% tariff going into China - and apples, which hav...

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Republicans pan Trump’s $12 billion tariff relief for farmers as corporate welfare

The president on Wednesday will meet with European Commission President Jean-Claude Juncker at the White House as the EU hopes to convince him t...

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