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FILE PHOTO: People walk past the Reserve Bank of Zimbabwe building in HarareINTERNATIONAL – London-based grain and fertiliser exporter, Holbud Limited, has approached the High Court seeking a court order to register a US$27.5 million (R396m) arbitral award granted against the Reserve Bank of Zimbabwe...
Chinese President Xi Jinping stands by national flags.Johannes Eisele | AFP | Getty ImagesChinese President Xi Jinping ramped up his rhetoric yet again on the trade war. "We are here at the starting point of the Long March to remember the time when the Red Army began its...
Ma Huateng, the chairman and chief executive officer of Tencent Holdings who is also known as Pony Ma, attends a news conference in Hong Kong on Thursday, March 21, 2019.Justin Chin | Bloomberg | Getty ImagesPony Ma, the head of Chinese technology giant Tencent, is watching whether his...
TransferWise co-founders Taavet Hinrikus and Kristo Kaarmann.TransferWiseTransferWise, the money transfer company that's taking on Western Union, is valued at $3.5 billion after a new investment round, making it Europe's most valuable financial technology start-up.In lowering fees and adding a slick online platform to help consumers move money globally...
Mohamed Abd El Ghany | ReutersThe dollar hovered near a four-week high on Wednesday, supported by higher U.S. yields after the United States eased trade restrictions on Chinese telecommunications equipment maker Huawei Technologies. The move came as a relief to markets hit by escalating...
Federal Reserve Chairman Jerome Powell and his central bank colleagues should take their cues from falling bond yields and lower short-term interest rates, economist Art Laffer told CNBC on Tuesday. "I do think it's in the cards," said Laffer, formerly an economic advisor to presidents Donald Trump and...
Michael Burns, vice chairman of Lions Gate Entertainment Corp., left, and Jon Feltheimer, co-chairman and chief executive officer of Lions Gate.Jonathan Alcorn | Bloomberg | Getty ImagesIt's the great media paradox: While the amount of content expands, the number of traditional media companies keeps shrinking.CBS is expected to...
Chinese Ambassador to the United States Cui Tiankai speaks at a reception celebrating the 90th anniversary of the founding of the Chinese People's Liberation Army (PLA) at the Chinese embassy in Washington D.C., the United States, on July 27, 2017.Ting Shen | Xinhua | Getty ImagesCui Tiankai, the...
Tuesday's stock market action is an indicator of what could come if the United States and China strike a trade deal — even if it's a bad one, CNBC's Jim Cramer said.The Dow Jones Industrial Average advanced nearly 200 points, the S&P 500 gained 0.85% and the tech-heavy...

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