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These 3 Stocks Are Screaming Buys Right Now

Investing, for most of us, is all about growth. Frankly, we want our money to grow and bring in strong returns, and so we look for stocks with the best prospects for such growth. These don’t have to be the stocks that have been picking up the most recommendations in recent weeks, or the stocks that have outperformed the market in the past six months – those are good signs to look for, but sometimes, you need to dig a little deeper to find the stocks that are just getting ready to take off.This is where TipRanks’ Stock Screener comes …read more […]

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Gold inches up as Trump impeachment stokes political uncertainty

Spot gold was up 0.1% at $1,476.69 per ounce, as of 0718 GMT. U.S. gold futures edged up 0.1% to $1,480.70 per ounce. Trump became the third U.S. president to be impeached as the Democratic-led House formally charged him with abuse of power and obstruction of Congress in a historic step that will inflame partisan tensions across a deeply divided America. …read more […]

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Norwegian Air hoping to agree Boeing 737 MAX compensation this year

Norwegian Air hopes to agree compensation from Boeing by year-end over the grounding of the 737 MAX, the airline’s acting CEO said, as it counts the costs of having 18 of the aircraft grounded since March. “The dialogue (with Boeing) has been ongoing since summer and we hope to come to an understanding before the end of the year,” acting Chief Executive Geir Karlsen said in a podcast made on Dec. 11 and released by brokerage DNB Markets on Dec. 18. Norwegian has 92 737 MAX aircraft on order. …read more […]

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Abu Dhabi Bets on Food Delivery Boom With Investment in Glovo

(Bloomberg) — Abu Dhabi’s sovereign wealth fund Mubadala is placing a bet on the growing demand for food delivery platforms with an investment in Spanish startup Glovo.Mubadala was the lead investor in Glovo’s 150 million euro ($167 million) funding round closed Wednesday, according to a statement, bringing its valuation to over $1 billion. Other backers in Barcelona-based Glovo included Drake Enterprises, Lakestar and Idinvest, all of which were already investors.This was the third round in which Glovo raised more than 100 million euros over the past 17 months, as it seeks to bolster its position in the booming food delivery …read more […]

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Ant Financial appoints Simon Hu as CEO, part of Alibaba's executive shuffle

E-commerce giant Alibaba Group Holding Ltd and its fintech affiliate Ant Financial announced a string of top level executive changes on Thursday, amid an ongoing restructuring following the appointment of Daniel Zhang as chairman of Alibaba. Most notably, Ant Financial has appointed Simon Hu as its new CEO, replacing Eric Jing, the unit said in a statement. Jing will remain executive chairman of Ant Financial, a position he had held concurrently with the CEO title. …read more […]

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Exclusive: BP's incoming CEO won't initially take up Rosneft board seat – company sources

LONDON/MOSCOW (Reuters) – Incoming Chief Executive Bernard Looney will not take up either of BP’s seats on the board of Rosneft when he takes over in February because of the complexity of the relationship with the Russian oil giant, five company sources said. Under an arrangement between Looney and outgoing Chief Executive Bob Dudley, Dudley will keep one of the seats when he retires in March, the sources said. Guillermo Quintero, a Venezuelan national who is also a former BP executive and has ties to the South American country’s national oil company PDVSA [PDVSA.UL], will keep the …read more […]

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Exclusive: NTPC snubs foreign emissions tech, shuts out GE, others from $2 billion orders

Top Indian electricity generator NTPC has rejected the emissions-cutting technology of GE and other foreign firms for its coal-fired plants, documents show, shutting them out of an estimated $2 billion in orders. Despite struggling with some of the world’s worst air pollution levels, India has already pushed back a deadline to cut emission levels to up to 2022, after extensive lobbying by power producers who cited high costs and technical difficulties. The rejection of the foreign technology comes at a time when over half of coal-fired plants in India are already set to miss a phased deadline …read more […]

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Tencent, Sina apps targeted in Chinese privacy crackdown

China on Thursday criticized 41 apps including Tencent messaging app QQ and Sina’s sports app for allegedly forcing users to hand over personal data, part of an ongoing campaign to boost digital privacy protections. Tencent’s app made it hard to deactivate accounts and required users to authorize access to a broad range of data, the industry and information technology ministry said. …read more […]