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Airbus Is A $90 Billion Warning for Britain - Bloomberg

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Airbus has warned it will reconsider its British presence if the country crashes out of the EU without a deal. History is in danger of repeating itself ...

Dislike! Sustainable Fund Says Dump Facebook - Bloomberg

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No responsible investor should own Facebook Inc. shares, according to the head of sustainable investing at the biggest bank in the Nordic region. That's an ...

Trump's Latest Tariff Threat Sends Daimler, BMW Reeling

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German automotive stocks fell after U.S. President Donald Trump threatened to impose a 20 percent tariff on all European car imports, escalating his demand for concessions aimed at lowering the U.S. trade deficit. Shares of Volkswagen AG,…

Airbus Brexit Threat Shows Business Is Tired of Pulling ...

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British business has stopped playing nice on Brexit. Airbus SE’s threat to pull its U.K. investment may just be the start of a backlash from companies as ...

Top Stories in last day

18

Trump Threatens to Impose 20% Tariff on European Car Imports

President Donald Trump threatened a 20 percent tariff on cars imported from the European Union unless the bloc removes import duties and other barriers to U.S. goods, escalating a global trade war the EU warned could endanger $300 billion…

17

OPEC+ to Boost Oil Output After Saudis Secure Deal With Iran

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OPEC and allies including Russia will boost oil production starting next month, offering relief to consumers after Saudi Arabia secured a last-minute deal to overcome Iran’s opposition. While it fudged some differences between members, the…

15

Ignore Manufacturers' Complaints on Brexit, Farage Tells ...

Nigel Farage, the former leader of the U.K. Independence Party and a key figure in the campaign for Britain to leave the European Union, said the ...

14

Carney's Crisis Powers Beefed Up to Give BOE $1 Trillion Arsenal

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Mark Carney's Bank of England has new powers that allow it to raise a war chest of more than 750 billion pounds ($1 trillion) -- without permission or protection from the government. Under a new financial framework, the bank could…

Airbus Gives May a Brexit Ultimatum: Get Your Act Together

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Airbus SE's threat to pull its U.K. investments if Britain walks away from the European Union without a deal counts as a wake-up call to Prime Minister Theresa May. The fact that it comes around the two-year anniversary of the 2016…

11

OPEC Seeks Last-Minute Compromise as Iran Opposes Supply Boost

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OPEC met in Vienna on Friday in a final effort to overcome Iranian opposition to a preliminary agreement to boost production by a theoretical 1 million barrels a day -- although the actual increase would be smaller as several countries are…

China Takes an Edge in Stocks to a Trade War - Bloomberg

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The saber-rattling for a U.S.-China trade war is becoming louder, and many observers are speculating about which country will blink first. One important ...

10

Italy's Donald Trump Is Running the Show - Bloomberg

If an alien landed in Rome today, he would think Matteo Salvini was running Italy. The leader of the right-wing League has seized the center stage of ...

Video Replay for Refs Is Making the World Cup Better ...

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Soccer can be annoying, especially to those who watch only the big tournaments. There are too many fouls, baffling referee errors and players without a ...

09

A Sour Outcome From OPEC for China's Futures - Bloomberg

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Here’s an indicator of what’s been driving the demand side of the oil market of late: Cargoes of Saudi Arabia’s main Arabian Light crude bound for ...

07

Turkish Lira Traders Brace for a Tumultuous Week After ...

Investors are bracing for a big move in the Turkish lira after this weekend’s election and they’re paying to protect themselves. As Turks prepare to go ...

06

Who Doesn't Love a Trade War?

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U.S. President Donald Trump rode to power declaring that China had twisted the world trading system out of shape -- and plenty of people around the world murmured in agreement, if very quietly. The first shots in Trump's trade war, however…

03

Don’t Fantasize About World Before Trump - Bloomberg

President Donald Trump, it is clear, presides over a regime of untruth and personally inhabits a realm of fantasy. But some of his critics have fallen prey ...

02

Airbus Warns It May Withdraw U.K. Investment in No-Deal ...

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Airbus SE said it may pull its U.K. investments in the “catastrophic” event the country leaves the European Union next year without striking a Brexit ...

Greece's Creditors Agree to Landmark Debt Deal as Bailout Saga Ends

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Greece’s euro-area creditors struck a landmark deal to ease repayment terms on some of the nation’s loans in an effort to ease its mountain of debt and clear the way for it to exit the lifeline that’s kept it afloat since 2010. The debt…

00

Stocks Rally on Data; Oil Jumps as OPEC Deal Nears: Markets Wrap

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European stocks rose along with U.S. futures as manufacturing and services data from the euro zone’s largest economies beat analysts’ expectations, also lifting the region’s common currency. Oil jumped as OPEC was said to have reached an…

Thursday, Jun 21

U.K. to Charge EU Citizens 65 Pounds to Stay After Brexit ...

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The U.K will charge around 3 million European Union citizens currently living in the country as much as 65 pounds ($85) to stay after Brexit. The new ...

Donald Trump Is the Perfect Scapegoat for Mercedes

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German carmakers are a handy whipping boy for Donald Trump. The presence of so many BMW, Mercedes and Audi vehicles on American roads is prima facie evidence that Germany is exploiting the U.S. on trade and must be punished. The blame game…

World Cup Gives a Glimpse of a Happier Russia - Bloomberg

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Artem Dzyuba, No. 22 on the Russian national soccer team, has scored a goal in each of of Russia’s winning games against Saudi Arabia and Egypt in the ...

The City That Defined Brexit Has Given Up - Bloomberg

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It’s an unusually blustery day for early summer in northeast England, and on the streets of Sunderland people have to huddle together to hear one another ...

Wednesday, Jun 20

May Survives to Fight Another Day on Brexit, But at What ...

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Theresa May dodged yet another bullet, avoiding defeat in Parliament over her flagship Brexit bill -- which now goes onto the statute book -- and ensuring ...

May Fends Off Tory Rebellion to Win Key U.K. Vote on Brexit

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Prime Minister Theresa May faced down a rebellion from pro-European rebels in her party, keeping her Brexit strategy on track and bolstering her position ...

As Trump Punishes Trade Allies, Europe Expands Global ...

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Europe is building new alliances to counter an increasingly isolationist America as President Donald Trump recasts the U.S.’s economic relationship with ...

GE’s Dow Eviction Is a Form of Intervention

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John Flannery has one less reason to keep General Electric Co. together. The 126-year-old company and last original member of the Dow Jones Industrial Average was dropped from the index on Tuesday and will be replaced with drugstore chain…

Tuesday, Jun 19

China Has a Nuclear Option in the Trade War - Bloomberg

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You go to trade war with the trade weapons you have, not the trade weapons you might want or wish to have at a later time. When Donald Rumsfeld said a ...

EU Leaders Call for More Preparations for No-Deal Brexit ...

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European Union leaders will next week say they’re concerned about the lack of progress in Brexit talks, and call for member states to step up ...

U.S., China Rattle Trade-War Sabers in Vowing Harsh Tariffs

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The world’s two biggest economies threatened punishing tariffs in the opening shots of a trade war, with Beijing vowing to retaliate “forcefully” against President Donald Trump’s pledge to slap duties on another $200 billion in Chinese…

Stocks Pare Their Losses as Trade Tensions Simmer: Market Wrap

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U.S. stocks fell, though major indexes traded well off session lows as a flare up in trade tensions eased to a simmer. Treasuries rose with the dollar. The Dow Jones Industrial Average notched a sixth straight loss in its longest slump in…

Monday, Jun 18

Bitcoin Breaking the Internet Is a Cry for Help

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The Swiss-based Bank for International Settlements — often described as “the bank for central banks” — likes order, technocracy and not rocking the boat. Given Bitcoin's tumbling price and evaporating trading volumes, its 24-page report on…

Trump Derides German ‘Leadership’ in Slap at EU Migration Crisis

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President Donald Trump waded into Germany’s debate over asylum and refugee policy, criticizing the government’s stance on migration and suggesting that its days were numbered. Trump, who regularly lambastes Germany in his Twitter tirades,…

Angela Merkel’s Political Future Is at Risk

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Germany’s crisis over migration policy is entering a critical phase with Chancellor Angela Merkel’s political future on the line and the ripples already being felt across Europe. Merkel received crucial backing on Monday from senior…

Iran Says Three OPEC Members to Veto Saudi-Proposed Supply Boost

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Iran says Venezuela and Iraq will join it in blocking a proposal to increase oil production that’s backed by Saudi Arabia and Russia when OPEC and its allies meet in Vienna this week. “Three OPEC founders are going to stop it,” Iran’s ...

Sunday, Jun 17

The Democracy Dividend: Faster Growth - Bloomberg

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Democracy’s faults have been easy to spot throughout the ages. Plato equated democracy with anarchy, instability or even mob rule, and argued that it is ...

Merkel Fate Hangs in Balance as CSU Sets Deadline - Bloomberg

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Germany’s Christian Social Union party will give Chancellor Angela Merkel a two-week deadline to meet its demands for overhauling asylum policy, the Bild ...

Don’t Fear China’s Industrial Juggernaut

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Washington is working up a sweat over China’s industrial policies. There are fears Beijing will build technology companies and advanced manufacturers capable of squashing American rivals by lavishing aid on favored sectors. Many of the…

It's Trump Sanctions, Not OPEC, That's Boosting Oil ...

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As OPEC oil ministers prepared to meet in Vienna later this week, President Trump fired another twitter-shot across their bows. But it is his decision to ...