Year: 2018

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Trading Ideas

Exclusive – Germany to trump Japan again with world’s largest c/a surplus – Ifo

August 20, 2018 admin Comments Off on Exclusive – Germany to trump Japan again with world’s largest c/a surplus – Ifo

Germany’s current account surplus is set to remain the world’s largest this year despite increased trade tensions, the Ifo institute said on Monday, in an estimate likely to renew criticism of Chancellor Angela Merkel’s fiscal policies. The International Monetary Fund and the European Commission have for years urged Germany to do more to lift domestic demand and imports as a way to reduce global economic imbalances and stimulate growth elsewhere. Since his election, U.S. President Donald Trump has also criticised Germany’s export strength. …read more […]

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Trading Ideas

Bull market in stocks poised to set record for longest ever

August 20, 2018 admin Comments Off on Bull market in stocks poised to set record for longest ever

The bull market in stocks is poised this week to break the record as the longest in the history of U.S. trading. If the market doesn’t drop significantly in the three days through Wednesday, the bull market that began in March 2009 will have lasted nine years, five months and 13 days. It’s a record that few would have predicted when stocks struggled to find their footing after a 50 percent plunge during the financial crisis. …read more […]

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Trading Ideas

PepsiCo puts fizz into healthy drinks with $3.2 bln SodaStream purchase

August 20, 2018 admin Comments Off on PepsiCo puts fizz into healthy drinks with $3.2 bln SodaStream purchase

PepsiCo will buy household drink-machine maker SodaStream for $3.2 billion as it battles chief rival Coca-Cola for an edge in the health-conscious beverage market. Founded in the UK in 1903, SodaStream was a coveted device in British kitchens in the 1970s and 80s, allowing customers to create fizzy drinks by adding flavoured syrups to carbonated water, but it faded in popularity as soft drinks became cheaper. PepsiCo will pay $144 per SodaStream share in cash, representing a 10.9 percent premium to Friday’s closing price of SodaStream’s U.S.-listed stock and …read more […]

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Business News

Exclusive: China shifts to Iranian tankers to keep oil flowing amid U.S. sanctions – sources

August 20, 2018 admin Comments Off on Exclusive: China shifts to Iranian tankers to keep oil flowing amid U.S. sanctions – sources

Chinese buyers of Iranian oil are starting to shift their cargoes to vessels owned by National Iranian Tanker Co (NITC) for nearly all of their imports to keep supply flowing amid the re-imposition of economic sanctions by the United States.

…read more […]