Business

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EU-US trade deal in doubt as France end talks

EU-US trade deal in doubt as France end talks

EU-US trade deal in doubt as France urges end to talks France cast serious doubt on Tuesday on the prospects of an EU free trade deal with the United States, adding to opposition within Germany just two months after their countries’ leaders reaffirmed support for an accord. Washington and Brussels …

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Yen gains on safe-haven demand

Yen gains on safe-haven demand

Yen gains on safe-haven demand The yen climbed sharply against the dollar, euro and sterling on Friday, as political uncertainty and a Reuters report that the European Central Bank was not considering loosening its rules on monetary easing boosted demand for safe havens. The euro recovered against the dollar EUR= …

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Can’t stop the shale

Can't stop the shale

With oil price near $50, resilient U.S. shale producers eye new chapter Two years into the worst oil price rout in a generation, large and mid-sized U.S. independent producers are surviving and eyeing growth again as oil nears $50 a barrel, confounding OPEC and Saudi Arabia with their resiliency. That …

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Viacom director pleads for access to Sumner Redstone

Viacom director pleads for access to Sumner Redstone

Viacom director pleads for access to Sumner Redstone Viacom Inc’s (VIAB.O) lead independent director on Tuesday pleaded for a meeting with controlling shareholder Sumner Redstone and warned of further court battles if the media tycoon remained inaccessible to the board. In a letter from Fred Salerno to Redstone, made public …

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Brexit chill sends Bund yields sub-zero

Brexit chill sends Bund yields sub-zero

Brexit chill sends Bund yields sub-zero The yield on the 10-year German Bund, Europe’s benchmark government bond, fell below zero for the first time on Tuesday as worries about a potential British exit from the European Union sent investors rushing for safe-haven assets. Polls and bookmakers’ odds showed a rising …

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Brexit fear factor sends stocks spinning

Brexit fear factor sends stocks spinning

Brexit fear factor sends stocks spinning Fears Britain is on the verge of voting to leave the European Union next week spread through global financial markets on Monday, sending Asian and European shares sharply lower and the pound to an eight-week low. With the world economy looking shaky, and surprisingly …

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Oil prices soften on profit taking after hitting 2016 highs

Oil prices soften on profit taking after hitting 2016 highs

Oil prices soften on profit taking after hitting 2016 highs Oil prices edged lower on Thursday as traders took profits after three sessions of gains, though prices remained close to their highest this year thanks to a fall in U.S. crude inventories and supply disruptions. International Brent crude oil futures …

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After five lean years, gold miners gear up for growth

After five lean years, gold miners gear up for growth

After five lean years, gold miners gear up for growth For the first time in five years, Barrick Gold (ABX.TO) and other bullion miners are getting ready to expand, breaking from their monologue on cutting costs and debt because of tumbling gold prices. Backed by healthier balance sheets, a 17 …

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Wall Street up as energy, financials gain ahead of Yellen talk

Wall Street up as energy, financials gain ahead of Yellen talk

Wall Street up as energy, financials gain ahead of Yellen talk Wall Street was higher on Monday morning, buoyed by energy stocks and a rebound in financial stocks following a pounding on Friday after a dismal jobs report all but ruled out chances of an interest rate hike in June. …

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World stocks hold near one-week low

World stocks hold near one-week low

World stocks hold near one-week low World stocks hovered close to their one-week lows on Thursday, dragged down by an earlier 2 percent slump in Japan and lackluster European markets, while concern over Britain’s future in the European Union continued to weigh on sterling. Futures prices signaled a weaker Wall …

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