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Economy

The second victor was the charismatic, 38-year-old leader of the liberal Free Democrats (FDP), Christian Lindner, his party's top candidate in the state. Governor Hannelore Kraft of the Social Democratic closes her eyes as she steps down after the state election in the western German state of Northrhine-Westphalia in Duesseldorf, Germany, Sunday, May 14, 2017.
  • No deal yet on new loans, debt relief for Greece: Eurogroup head

    Economy

    The German and French finance ministers say they're confident of an agreement to unlock further aid for Greece. He said the ministers needed to consider "additional options or adjusting our expectations". To get the money, the Greek parliament approved pension cuts and tax hikes last Thursday. Dijsselbloem, German Finance Minister Wolfgang Schaeuble and the head of the IMF's European Department tried to bridge their differences in a separate meeting before the start of the gathering, ...
  • Bitcoin Price Breaks $2000 in Historic All-Time High

    Bitcoin Price Breaks $2000 in Historic All-Time High

    Economy

    The popularity and accessibility of Bitcoin have significantly increased over the past few years, and naturally, that drove the price to new record-breaking heights. Earlier today, the cyptocurrency for the first time hit $2303.90 level, while the total market cap increased to $37 billion. The currency has grown so large that the network is having trouble quickly confirming transactions unless users attach hefty fees for minors.
  • Japan, Canada want to bring TPP back from the dead

    Economy

    There will be a sideline meeting in Hanoi of the remaining 11 nations in the TPP accord, with countries such as Japan and Australia pushing to proceed without the US. Now, the other countries involved want to rebuild it. "We reaffirm our commitment to keep our markets open and to fight against all forms of protectionism by reaffirming our pledge against protectionism through a standstill commitment that we agreed to extend until the end of 2020 and to roll back protectionist and ...
  • OPEC sees much higher oil supply from rivals in 2017

    OPEC sees much higher oil supply from rivals in 2017

    Economy

    Industry group American Petroleum Institute reported that crude prices also gained support by the fall in United States inventory, a 5.8 million barrel decline. Investing.com offers an extensive set of professional tools for the financial markets. Aramco and other producers typically issue monthly notices to refineries and other buyers with contracted supplies outlining their intended allocations to each customer.
  • Mixture of old and new faces in Macron's first government

    Mixture of old and new faces in Macron's first government

    Economy

    Before Macron's rise, Francois Bayrou was France's most well-known centrist politician and a three-time failed presidential candidate. PARIS French President Emmanuel Macron said on Wednesday he would begin working immediately with European Council President Donald Tusk on the overhaul of the bloc, which needed a new and ambitious policy.
  • Saudi Arabia pledges $20 billion to Blackstone for American infrastructure

    Saudi Arabia pledges $20 billion to Blackstone for American infrastructure

    Economy

    PIF will ramp up its overseas investments only slowly, the fund's Managing Director Yasir al-Rumayyan told a conference of business executives on May 20. Blackstone Group LP points out that its investment efforts will help better infrastructure efforts in the U.S. It says that the country's infrastructure has a D+ grade from the American Society of Civil Engineers.
  • Russian Federation foreign minister denies talking to Trump about Comey

    Economy

    Graham issued a statement Friday on Twitter explaining he also wanted Comey to appear before the Senate Judiciary Committee, The Hill reported . "Moreover, the American people deserve an opportunity to hear it". He was insane, a real nut job. Said Mr Jeff Klusmeier, an insurance agent in Kentucky: "I expected the media to attack Trump". "Congress is going to want to look over the shoulder of this investigation", he said.
  • Europe and Japan raise doubts over U.S. trade policy at G7

    Europe and Japan raise doubts over U.S. trade policy at G7

    Economy

    A broader theme not on the written agenda, however, was the desire of foreign leaders to get a better read on Trump's policies, and US officials desire to make their positions clear. "We want to have balanced trade", Mr Mnuchin said. "The emphasis was initially on a border tax, which is taxation, but also trade policy", said Italian Finance Minister Pier Carlo Padoan in an interview.
  • Nike, Inc. indicated as Buy By Berenberg Bank

    Economy

    Comparatively, NIKE, Inc . posted earnings of $0.59 per share in the same quarter a year ago. The stock grew about 17.22% in the past 5 years, this positive value indicates that the stock constantly performed well in previous years as well.
  • Walmart Q1 EPS Up, Tops View; Sees Higher Comps In Q2

    Economy

    Total revenue increased 1.4%, to $117.54 billion, slightly short of the $117.74 billion forecast by analysts, mostly due to the impact of a stronger dollar overseas. -based mass merchant said US sales in the quarter, which ended April 30, increased by 2.5% to $118.8 billion with non-fuel comps increasing by 1.4%, sparked by a 1.5% increase in store traffic.
  • Brokerages Set Royal Mail PLC (RMG) Price Target at $463.82

    Economy

    John Wood Group plc had 3 analyst reports since July 22, 2015 according to SRatingsIntel. 30/03/2017 - RBC Capital Markets restarted their coverage on London Stock Exchange Group giving the company a "Outperform" rating. It increased, as 48 investors sold St. James's Place plc shares while 205 reduced holdings. 26 funds opened positions while 51 raised stakes. Schwab Charles Inv Mgmt Inc holds 148,643 shares or 0.01% of its portfolio.