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...According to sources, members of the board of LVMH Moët Hennessy Louis Vuitton called a meeting in Paris Tuesday night specifically to discuss the matter amid a deteriorating situation in the U.S. market...
...It is not immediately obvious that there will be closer economic ties with the United States, although Trump may well aim for that....
...the future of America in the 21st century....
...(FT) Cuba off the terror list Barack Obama will remove the Caribbean island from the US list of state sponsors of terrorism after meeting with Raul Castro in Panama on Saturday....
...Haven assets rallied overnight, with the price of gold jumping $20 – or 1.5 per cent – before moderating by $3.50 in early Asian trading to $1,315 a troy ounce....
...The program, run by the U.S. Department of Agriculture, covered losses for American commodities exporters in cases where their import partner failed to make a payment.”...
...In June, the Office of the Comptroller of the Currency noted that the average amount of an auto loan was greater than the value of the car during the fourth quarter of 2013, as lenders bundled the costs...
...GSK is looking to divest the mature products in a bid to improve its growth profile and wants to dispose of off-patent drugs marketed in North America and western Europe with annual sales of around 1 billion...
...(Financial Times) Sprint, the US mobile phone operator, has abandoned its takeover pursuit of rival carrier T-Mobile US, bringing to an end a long-running attempt to create a new force in America’s highly...
...Indonesia’s currency added 0.4 percent versus the dollar before the result of presidential elections is announced. Corn slumped 1.3 percent on U.S. production. Natural gas slid 1.9 percent.”...
...Examples include Rolls-Royce, Europe’s largest aircraft engine-maker, which receives most of its money in foreign currencies and issued a profit warning this year after a decade of unimpeded growth....
...“New York’s banking regulator is seeking to place government monitors in the U.S. offices of Deutsche Bank and Barclays as part of its investigation into the foreign-exchange market, a person familiar with...
...in the latest sign of a backlash in the country against U.S. technology firms… The report quoted researchers who said those with access to that data could gain knowledge of China’s economic situation or...
...per cent within three years, in a move set to prompt a spate of divestments in state-backed entities that could raise more than $9bn....
...“The state of Iraq is in imminent collapse,” said Faisal Istrabadi, Iraq’s former deputy ambassador to the UN....
...In a letter to European leaders, the Russian president said the state-controlled Gazprom had a contractual right to force Ukraine to pay in advance for gas supplies, and would “completely or partially cease...
...(Reuters) “Exxon Mobil Pipeline faces a fine of nearly $2.7 million for a pipeline spill of thousands of barrels of Canadian crude oil in an Arkansas suburb last spring, the U.S. pipeline safety office...
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...(WSJ) “Some banks in the U.K. are talking with regulators and drawing up internal plans on how they would cope if the U.S. fails to increase its borrowing limit [with some saying] they have been stockpiling...
...(Financial Times) “Barclays joined UBS and Bank of America in forecasting a Hong Kong property slump, predicting home prices will fall at least 30 percent by the end of 2015 as income growth stalls and...
...relief) as part of a deal with US state and federal authorities....
...The damping of risk appetite was also evident in currency markets, where the haven asset of the yen rebounded from two-month lows earlier in the session to trade positively on the day.The Japanese currency...
...(Wall Street Journal) The US is probing use of antipsychotic drugs on children in the Medicaid system....
...DJIA up +0.69% at 15,409 S&P 500 up +0.63% at 1,660 Bovespa down -0.64% at 56,036 Asia Nikkei 225 up +0.10% at 14,326 Topix up +0.91% at 1,179 Hang Seng down -1.61% at 22,555 Shanghai Composite up +0.12%...
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