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With stores burned and looted, Walmart seeks police protection in riot-hit Chile

Walmart has sought court orders for police protection in protest-wracked Chile after more than 120 of its supermarkets were looted or burned. The Chilean subsidiary of the U.S.-headquartered retailer lodged orders with courts in six Chilean cities, saying the attacks on its stores had put its staff’s safety and jobs at risk, “gravely” affected its ability to operate in the country and caused it “enormous economic damage”. “The state of Chile has failed to fulfill its duty to guarantee public order and internal public security,” it said in court documents submitted on Wednesday and made public on Monday. …read more […]

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EMERGING MARKETS-Trade uncertainty casts a pall on Latam currencies; Brazil's real hits life low

MSCI’s index for Latin American currencies slipped 0.3%, resuming its downward trend as it fell for the tenth time in the last eleven sessions. Sentiment took a hit earlier in the day after CNBC reported that the mood in Beijing was “pessimistic” because of U.S. President Donald Trump’s reluctance to roll back tariffs. …read more […]

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UPDATE 1-Brazil's real posts lowest ever close of 4.2061 per dollar

Brazil’s real posted its lowest ever close of 4.2061 per dollar on Monday, as heavy selling met no resistance from the central bank at a key market level where it had intervened earlier this year. Brazilian interest rates are expected to be cut to a new low of 4.25% by the end of next year, according to the central bank’s latest weekly ‘FOCUS’ survey of economists on Monday, which also showed inflation heading further below target. …read more […]

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3 “Strong Buy” Dividend Stocks Yielding 5% — Or More

The S&P 500 stock index has famously averaged a return of just under 10% over the past near-century — a great rate in an economy where the average bank account is still paying just 0.05%!Of course, even 10% is just the average. Some stocks go up more than that, some go up less. Some years are better for stock returns, some are worse. So what can you do you increase your odds of getting a great return on your stock investment?I’ve got one word for you: Dividends.Buy a stock with a great dividend yield — significantly higher than what the …read more […]

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HP Board Rejects Xerox Takeover Offer

Nov.18 — HP Inc.’s board unanimously rejected Xerox Holdings Corp.’s unsolicited takeover proposal, saying the $22-a-share offer is too low. But HP did say it’s still open to discussing a merger. Bloomberg’s Liana Baker reports on “Bloomberg Markets.” …read more […]

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UPDATE 1-Canadian ministers meet with CN Rail, union in effort to avert strike

MONTREAL/WINNIPEG, Nov 18 (Reuters) – Canada’s Liberal government sent two ministers on Monday to meet with representatives of Canadian National Railway Ltd and its largest union, as already hard-hit shippers pleaded for government intervention to avert a strike planned for early on Tuesday. The threatened strike by 3,000 workers with Teamsters Canada comes after CN, the country’s largest railroad operator, said on Friday it would cut management and union jobs, as it grapples with softer economic conditions. Labor Minister Patty Hajdu and Transportation Minister Marc Garneau were to meet with representatives from CN and the union in Montreal, …read more […]