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Trading Ideas

Putin opens bridge linking southern Russia with Crimea

Russian President Vladimir Putin drove a large construction truck Tuesday to road test the much-anticipated bridge linking southern Russia and the Crimean peninsula that Russia annexed from Ukraine in 2014. The 19-kilometer (11.8-mile) bridge, which took two years to build and cost $3.6 billion is Putin’s project to show that Crimea has joined Russia for good. Transportation links to Crimea deteriorated after both the Ukrainian and Russian militaries set up checkpoints into the peninsula and trains crossing the Ukrainian mainland were canceled. …read more […]

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Trading Ideas

Tim Cook finally reveals what he and President Trump talked about behind closed doors last month (AAPL)

Apple CEO Tim Cook talked about his closed-door meeting with President Trump in April in a new interview with Bloomberg. Cook said he told Trump his policies were “not the right approach to trade” and he showed him “some more analytical kind of things” to demonstrate why he was wrong. Apple CEO Tim Cook has broken his silence on what he and President Donald Trump talked about during a meeting in April. …read more […]

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Business News

New Air France-KLM CEO must avert slow descent in France

PARIS/BERLIN (Reuters) – Air France-KLM’s next CEO faces an unenviable task if they want to avoid the fate of Alitalia. The manager needs to deal with union resistance to restructuring at its core Air France brand, keep increasingly frustrated KLM staff onside and battle rising oil prices.

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