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Trading Ideas

James Richman: Billionaire Investor Reportedly Takes a Closer Look at Barclay’s Assets for Sale

The Barclay twins, David and Frederick, have been a staple on the list of British billionaires for decades. They are often described as reclusive billionaires and notorious for keeping their private lives hidden from the public and shying away from any form of publicity. Several talks about the sale of some of their properties have […] …read more […]

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Former Trump admin official Bolton: Twitter 'liberated' account from White House control

Former U.S. national security adviser John Bolton said on Friday that Twitter Inc had returned control of his personal account to him after it had been taken over by the White House, in his first tweets since resigning in September. “We have now liberated the Twitter account, previously suppressed unfairly in the aftermath of my resignation as National Security Advisor,” Bolton tweeted to his more than 790,000 followers. …read more […]

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Business News

Trump vague about whether he will veto bills that back Hong Kong protesters

U.S. President Donald Trump was vague on Friday about whether he would sign or veto legislation to back protesters in Hong Kong as he tries to strike a trade deal with China, and boasted that he alone had prevented Beijing from crushing the demonstrations with a million soldiers.

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Trading Ideas

GLOBAL MARKETS-Dollar, global shares gain as trade worries linger

The dollar gained and global equity markets rose on Friday on upbeat U.S. economic data while amicable messages from Chinese President Xi Jinping and U.S. President Donald Trump helped defuse tensions over the prolonged U.S.-Sino trade war. Equity markets warmed to China’s renewed offer to reach a trade agreement with the United States. Xi said China wants to work out an initial pact and avoid a trade war. …read more […]

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Trading Ideas

A Once-Core Business for GE and Siemens Shows New Signs of Life

(Bloomberg Opinion) — To get Brooke Sutherland’s newsletter delivered directly to your inbox, sign up here.A once mighty engine of profit for Siemens AG and General Electric Co. isn’t dead just yet, but the business will remain a ghost of its former self. The market in question is gas turbines, equipment that sits at the heart of natural gas power plants and helps to generate electricity. A glut of capacity and the reduced cost of renewable energy tanked demand for these engines, sparking years of painful slides in profitability and massive rounds of cost-cutting. Recently, though, orders have started to …read more […]