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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...
...We should also note this guy, who’s doing his thing: A reminder that Donald Trump, who despite everything remains The Actual President of the United States, tweeted on April 2 that a deal to end the oil...
...Yet the chances of a White House U-turn are slim. These CEOs signed a similar plea in 2017 to little effect....
...Equities The FTSE All World equity index was down slightly in late trade at 312.40, after rising 5.5 per cent over the previous five days....
...The economic calendar leans heavily towards the state of Europe’s manufacturing and services sectors (all times London): 08.00: France manufacturing, services purchasing managers’ index 08.00: European...
...This forecast came as it reported a 41 per cent year on year increase in revenues in the six months to July 29, to £1.4bn, and like-for-like store sales growth of approximately 3 per cent plus “significant...
...Hot topic Donald Trump will be sworn in on Friday as the 45th president of the United States of America, and investors are waiting to see if the property developer’s fiscal pledges can boost the world’s...
...But this may all be overshadowed by the extent to which the world economy continues on a path of a synchronised slowdown and the impact from any worsening in trade relations between the United States and...
...The pan-European Stoxx 600 equity index is easing 0.2 per cent as energy stocks struggle in the face of soft oil prices....
...a ‘U’ or ‘V’ shaped recovery,” said Jane Foley, senior currency strategist at Rabobank....
...(Aeon) In drug abuse, women at greater risk As opiate abuse swells in the United States, women are particularly at risk....
...(WSJ) Tata Steel has tapped the US dollar bond market for $1.5bn, marking the first step in plans to refinance approximately $5.5bn of debt and loans related to its $13.1bn purchase of Anglo-Dutch steelmaker...
...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....
...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...
...(Reuters) Diageo, the world’s biggest spirits maker, is to write down the value of its majority stake in its troubled premium Chinese baijiu brand, after plummeting sales of the 600-year-old white spirit...
...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....
...of the U.S....
...will test investor hopes for a pick-up in the U.S. and global economies… Bulls are hoping to see evidence of an economic rebound in the United States in this week’s busy calendar of data that includes the...
...(Financial Times) “U.S. prosecutors are seeking more than $13 billion from Bank of America to resolve federal and state investigations of the lender’s sale of bonds backed by home loans in the run-up to...
...The family-controlled tire maker said it will pay a dividend of €2.50 ($3.45) a share, up from €2.40 last year, even though the euro’s appreciation against major currencies, restructuring costs and lower...
...A reading of New York state manufacturing conditions also disappointed....
...(Financial Times) “Bank of America said it does not owe the U.S. government the $2.1 billion it is seeking in penalties after a jury found the bank liable for fraud over defective mortgages sold by its...
...$100 million payment to the Federal Reserve and about $600 million to the New York State Department of Financial Services, these people said.”...
...(+0.39%) at 1,297 FTSE100 down -5.15 (-0.08%) at 6,742 CAC 40 up +33.59 (+0.79%) at 4,287 Dax up +31.76 (+0.35%) at 9,041 Currencies €/$ 1.35 (1.35) $/¥ 98.59 (98.62) £/$ 1.61 (1.61) €/£ 0.8405 (0.84)...
...(Financial Times) “Business bankruptcy filings in the United States dropped 24 percent in 2013 to their lowest level since at least 2006, according to a report on Monday....
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