Finance
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Trump’s trade war could destroy 4% of global trade: ‘The threat to world growth is significant’
LONDON — If US President Trump follows through on his threats to stage a trade war against his former allies in Europe,...
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The chairman of one of China’s largest conglomerates has died in an accident
Wang Jian, the cofounder and chairman of one of China’s biggest conglomerates, HNA, has died during a business trip in France, the...
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HSBC: Trump’s trade war is front and center in a ‘triple shock’ of risks that threatens to derail global markets
A so-called “triple shock” of risks is looming over the global economy and threatens to derail the world’s recovery, according to a...
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MORGAN STANLEY: The truck-driver shortage is getting worse, and everyone loses in the most likely outcome
There aren’t enough truck drivers to move the world’s cargo around. The US, Germany, and Japan face a shortfall of 565,000 drivers...
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Former Malaysian Prime Minister Najib Razak charged in connection with multibillion dollar scandal
Malaysia’s former prime minister Najib Razak was officially charged with criminal breach of trust on Wednesday. Najib lost his bid for re-election...
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‘Independence Day comes early’: Wall Street is psyched at Dell’s decision to leave VMware alone (VMW)
VMware investors are rallying. VMware stock popped 9% over the weekend following reports that Dell would not pursue a reverse merger with...
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Netflix dominates the US streaming market, but it may soon be an even bigger hit overseas (NFLX)
Netflix is already big in the United States, but it soon could become an international blockbuster. That’s the take of John Blackledge,...
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The most valuable brand in every state
Amazon is officially the most valuable brand in the United States. That’s according to Brand Finance, a brand consultancy firm that released...
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774‘China doesn’t need to punish itself for other’s foolish trade policies’: Wall Street warns Beijing against weakening its currency
AP/Emily Wang The Chinese yuan has been sinking to fresh lows versus the dollar. The People’s Bank of China has tolerated the...
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Elon Musk ordered Tesla engineers to stop doing a critical brake test on Model 3s (TSLA)
Tesla CEO Elon Musk appears to have asked engineers at Tesla’s factory in Fremont, California, to remove a standard brake test, called...