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Friday, March 22, 2019
President Donald Trump once again took a shot at the Federal Reserve on Tuesday, saying he would like to see lower rates from the U.S. central bank in answering a question on the state of the economy and financial markets. "I'd like to see the Fed with a lower...
FILE PHOTO - Jeffrey Gundlach, CEO of DoubleLine Capital LP, presents during the 2018 Sohn Investment Conference in New York City, U.S., April 23, 2018. REUTERS/Brendan McDermidNEW YORK (Reuters) - Jeffrey Gundlach, who runs DoubleLine Capital, said on Tuesday that investors should focus on capital preservation and avoid...
Walmart doesn't say what percentage of its total sales are coming from its websites, but it said during the latest quarter digital sales grew by 43 percent. Walmart expects to finish the year with e-commerce sales growth of 40 percent. Some of that growth can be attributed to...
Washington (AFP) - The administration of US President Donald Trump is exploring curbing exports of sensitive technologies including artificial intelligence for national security reasons, according to a proposal this week.The proposal to control sales of certain technologies "essential to the national security of the United States" comes amid...
Single-family homebuilding, which accounts for the largest share of the housing market, dropped 1.8 percent to a rate of 865,000 units in October after declining in September. Single-family homebuilding has lost momentum since hitting a pace of 948,000 units last November, which was the strongest...
Capital One acquired a four-year old online-shopping startup in its latest effort to offer tech services that engender loyalty to the bank's credit cards. The bank purchased Wikibuy on Nov. 17 for an undisclosed amount, according to executives from Capital One and the Austin, Texas-based startup. Two million members...
NEW YORK (Reuters) - What if one of the largest U.S. coal-burning utilities became a leader in green energy? When David W. Crane was chief executive of NRG Energy, he pursued that vision, pushing the company to transform itself by investing in solar power and electric vehicle charging...
Goldman Sachs slashed its Apple price target on Tuesday. The firm said in a note there is a "weakness in demand for Apple's products in China and other emerging markets," as well as a disappointing reception for the iPhone XR model. Facebook shares have slid...
Apple was worth more than $1 trillion at the start of November. Now, it’s valued at $880 billion.The mighty tech titans and their seemingly endless pipeline of profits, which powered one of the longest bull markets in stocks, are looking a little less invincible. Shares of Apple and...

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Morgan Stanley holds top spot as activist defense firm: data

BOSTON (Reuters) - Morgan Stanley was ranked as the top adviser to companies targeted by activist investors publicly for the third straight year...

Hyundai shareholders to vote on Elliott’s bid to change ‘status quo’

Employees of Hyundai Motor Group attend the company's new year ceremony in Seoul, South Korea, January 2, 2019. REUTERS/Kim Hong-JiSEOUL (Reuters)...
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Sustainable finance – sustainable impact?

The Banker's Europe editor Stefanie Linhardt speaks to ING Bank's global head of sustainable finance Leonie Schreve about the bank's growth in sustainable lending.

Ayatollah Khamenei Calls Europe’s Financial Channel With Iran A ‘Sad Joke’ – Eurasia Review

Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei lashed out at the European states’ for their lack of commitment to fulfilling undertakings...

ETH/USD bulls fail at $140 mark as whales move ETH worth $4 million in...

ETH/USD went down from $140 to $135.50 this Thursday. This is the second time this week that the bulls failed to keep...