Oil prices rose for a second day on Tuesday as Saudi Arabia, the de facto OPEC leader and the world’s biggest oil exporter, is pushing producers to deepen a supply cut agreement when suppliers meet this week, potentially lowering supply in 2020.
At Insider Monkey, we pore over the filings of nearly 750 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we’ve gathered as a result gives us access to a wealth of collective knowledge based on these firms’ portfolio holdings as of September 30. In this […] …read more […]
Asian shares skidded on Tuesday after U.S. President Donald Trump stunned markets with tariffs against Brazil and Argentina, recharging fears about global trade tensions, while weak U.S. factory data added to the investor gloom.
Asian shares skidded on Tuesday after U.S. President Donald Trump stunned markets with tariffs against Brazil and Argentina, recharging fears about global trade tensions, while weak U.S. factory data added to the investor gloom. Contrary to his remarks, both Brazil and Argentina have been trying to strengthen their respective currencies against the dollar. …read more […]
Asian shares skidded on Tuesday after U.S. President Donald Trump stunned markets with tariffs against Brazil and Argentina, recharging fears about global trade tensions, while weak U.S. factory data added to the investor gloom. Contrary to his remarks, both Brazil and Argentina have been trying to strengthen their respective currencies against the dollar. …read more […]
The U.S. Trade Representative’s office on Monday said it saw no basis in Monday’s World Trade Organization report that would justify reducing U.S. retaliatory tariffs by $2 billion as Europe’s Airbus has suggested. “Nothing in today’s report even suggests that the (WTO) compliance panel found that the amount has decreased,” said a USTR spokesman. USTR earlier said it could increase tariffs on a wider range of European goods after the WTO rejected European Union claims that it no longer provides subsidies to Airbus. …read more […]
The U.S. government on Monday said it may slap punitive duties of up to 100% on $2.4 billion in imports of French Champagne, handbags, cheese and other products, after concluding that France’s new digital services tax would harm U.S. tech companies.
Asian shares skidded on Tuesday after U.S. President Donald Trump stunned markets with tariffs against Brazil and Argentina, recharging fears about global trade tensions, while weak U.S. factory data added to the investor gloom. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.45% in early trade, with Australian shares dropping nearly 2%, on track for their worst day in two months. …read more […]
China is building more coal-fired power plants and approving dozens of new mines, despite assurances from the world’s biggest greenhouse gas emitter that it was serious about fighting climate change. China’s 2021-2030 policy plans are under close scrutiny as the United Nations climate change conference gets under way in Madrid, especially after a new UN report said the world needs to cut carbon dioxide by 7.6% a year over the decade in order to limit temperature rises. “We continue to work hard to advance the fight against climate change, but on the other hand, we are indeed facing …read more […]
When the next recession hits, U.S. stocks will not make it back to pre-recession highs in the bond investor’s career. …read more […]
British household goods maker Reckitt Benckiser Group Plc said on Tuesday it was extending its paid leave globally for new mothers from 16 weeks to 26 weeks, but the change will take time to implement in the United States due to regulatory issues.
The U.S. government on Monday said it may slap punitive duties of up to 100% on $2.4 billion in imports of French Champagne, handbags, cheese and other products, after concluding that France’s new digital services tax would harm U.S. tech companies.
After a decade of U.S. shale oil & gas, it seems like almost every American has profited, except for the investors that have lost their shirt in the shale bust …read more […]
The chief executive officer of OxyContin-maker Purdue Pharma LP should not collect a potential $1.3 million bonus when he has been accused of contributing to the opioid epidemic, a group of state attorneys general said in a court filing on Monday.
Creditors of Brazil’s Odebrecht SA are in advanced talks to let the corruption-ensnared conglomerate keep its crown jewel asset, listed petrochemical company Braskem SA , for another two years, retreating from their prior demand for a quick sale, two sources with knowledge of the matter said.
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