Archive for the September 13, 2019
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London's blue-chip index ended in the black on Thursday as trade concerns were soothed by a two-week US tariff reprieve on Chinese imports and Morrisons jumped on upbeat profit and forecast. The FTSE 100 index
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Reform or face ruin: the surprise literary sensation of 2013, French economist Thomas Piketty, returned with another doorstep-size book on Thursday that warns darkly about the excesses of global capitalism. "In this book, I try
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Several thousand protesters camped Wednesday in downtown Buenos Aires to demand Argentina declare a food emergency as the economic crisis deepened just weeks ahead of the presidential election. The demonstrators, who plan to camp for
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President Donald Trump attacked the Federal Reserve again Thursday for not "acting quickly" like its European counterpart to provide stimulus to the US economy. After the European Central Bank unveiled a massive stimulus program earlier
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British American Tobacco on Thursday said it planned to cut 2,300 jobs globally by January as its new boss seeks to drive revenues in controversial e-cigarettes. "My goal is to oversee a step change in
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Tariffs that have been imposed or threatened by the United States and China could shave 0.8% off global economic output in 2020 and trigger additional losses in future years, the International Monetary Fund said on
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Turkey's central bank on Thursday slashed its main interest rate by 3.25 percentage points, the second cut in three months after President Recep Tayyip Erdogan said he was "allergic" to high rates. The bank said
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Britain on Thursday awarded a £1.3-billion ($1.5-billion, 1.4 billion-euro) contract for its new fleet of warships to a UK firm that will keep jobs at historic but struggling yards. The Babcock International consortium said it
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US trade negotiators want to make "meaningful progress" in upcoming talks with China, Treasury Secretary Steven Mnuchin said Thursday, one day after conciliatory gestures by both sides boosted hopes of an eventual resolution. Mnuchin said
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The US government posted a $200 billion budget deficit in August, bringing the fiscal year-to-date deficit past $1 trillion, according to data released on Thursday by the Treasury Department. Analysts polled by Reuters had expected
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