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Category Archives: Business

World Business

Do You Need to Worry About Trump’s Reforms? It Depends

I get it: You’re freaked out. You don’t like this president. Practically daily, he units off some new disaster and, in keeping with your Fb feed, does one thing that may destroy the nation. You’re questioning for those who ought to begin shopping for canned meals and ammunition. Or maybe you’re thrilled that the Trump…

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Soon Time to Watch for Rising Global Inflation?

LONDON — The global economy has weathered the new U.S. administration’s sweeping challenges to the status quo with surprising aplomb given serious threats made to world trade, but what is not so clear is how much longer inflation will remain stubbornly low. Graphic – Reuters Global Economic Outlook Poll results: http://fingfx.thomsonreuters.com/gfx/rngs/GLOBAL-ECONOMY-POLL/0100302R068/index.html Nearly a decade since…

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Is Your Financial Adviser Acting in Your Best Interest?

This can be a story of two mutual funds with abysmal efficiency — however very completely different reactions from their buyers to their returns. The Ivy Asset Strategy — which is called a complete return fund, as a result of it tries to maximise features by means of a wide range of funding methods —…

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Twitter Reports Slowest Quarterly Revenue Growth, Shares Slump

Buyers hammered Twitter Inc on Thursday after the social community reported its slowest quarterly income progress since going public in 2013, struggling to draw advertisers amid intense competitors from Snap Inc’s Snapchat and Fb Inc. The corporate’s shares fell as a lot as 10 percent to $16.81 in premarket buying and selling. Income grew simply…

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Canada gives aid to Bombardier, vows to defend any trade dispute

MONTREAL – The Canadian authorities on Tuesday introduced C$372.5 million ($283 million) in repayable loans for 2 of Bombardier Inc’s jet packages, promising to defend the deal towards a possible commerce problem by Brazil. Whereas the help was far lower than the $1 billion initially sought by the Canadian airplane and practice maker, Chief Executive…

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Seattle to Cut Ties with Wells Fargo Over Oil Pipeline

SEATTLE (AP) — The Seattle City Council on Tuesday voted to chop ties with banking big Wells Fargo over its position as a lender to the Dakota Access pipeline venture in addition to different enterprise practices. The group erupted in cheers and chanted “water is life” when the council unanimously handed the measure, which directs…

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Wal-Mart aims to leverage British arm Asda back to health

LONDON – Wal-Mart is throwing its weight because the world’s largest retailer behind its struggling British arm Asda after admitting it was too gradual to reply successfully to the menace posed by the low cost supermarkets. Asda thrived for a decade as Britain’s most cost-effective grocery store after it was purchased by Wal-Mart in 1999…

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Trump Defends Immigration Order, Says Courts ‘So Political’

Republican President Donald Trump defended his immigration executive order on Wednesday as necessary for the nation’s security in a speech to law enforcement officers in which he criticized U.S. courts as being political. “I don’t ever want to call a court biased, so I won’t call it biased,” Trump said. “And we haven’t had a…

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Dollar Slips After Trump Move, Asia Stocks Decline: Markets Wrap

The greenback declined with Asian shares as merchants digested the tensions sparked by Donald Trump’s order halting some immigration, a transfer that’s ignited opposition from world leaders. Bonds rose with gold. The dollar weakened in opposition to most of its main friends, buying and selling close to the bottom ranges in two months. Shares in…

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