World News

Cost savings, solid brick demand lift Wienerberger profit

Austria’s Wienerberger, the entire world’s largest brickmaker, reported a 25 percent jump in third-quarter operating profit on Thursday, helped by cost savings along with solid demand in its key markets. Earnings before interest along with tax (EBIT) came in at 99.2 million euros ($113.4 million) within the three months through September, the company said. Analysts had expected an EBIT of ...

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Multiple injuries reported at a shooting in Thousand Oaks, California, authorities say

A mass shooting at a restaurant in Thousand Oaks, California, has caused multiple injuries, local authorities said late Wednesday, with the perpetrator believed to be still at large. Police officials were called to incident around 11:15 p.m. California time with multiple victims injured at the Borderline Bar & Grill within the City of Thousand Oaks in California. Police authorities have ...

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Ray Dalio on the effcet in which politics has on markets

Billionaire investor Ray Dalio said investors had priced inside the outcome of a divided Congress inside the midterm elections, yet believes in which politics will be currently playing a greater role in financial markets across the globe. “We’re in a world currently where politics as well as choices made have a much bigger effect on the markets,” Dalio said in ...

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Samsung foldable smartphone ‘coming soon’

Samsung just announced a smartphone that will can fold in half. that will’s a compelling form factor that will may one day allow us to carry phones that will fit snugly in our pockets nevertheless that will can then be unfolded to reveal a larger screen, like a tablet. The phone, which doesn’t have a final name or design yet, ...

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US at This specific point pumping more oil than Russia as well as Saudi Arabia; OPEC could strike back

“US crude oil production was recorded at a completely new record high, as well as the largest inside globe by far, moving ahead of Russia as well as closer to the level Saudi Arabia might be able to reach in another six months,” wrote Citigroup energy analyst Eric Lee. OPEC’s Joint Ministerial Monitoring Committee will meet This specific weekend in ...

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US to impose brand-new duties on Chinese aluminum sheet products

The U.S. Commerce Department on Wednesday will be required to impose final anti-dumping along with anti-subsidy duties on Chinese common aluminum sheet products of 96.3 percent to 176.2 percent, sources familiar with the decision told Reuters. The decision marks initially that will final duties were issued in a trade remedy case initiated by the U.S. government since 1985. The Trump ...

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Adidas Q3 2018 earnings 

German sportswear firm Adidas hiked its 2018 profit guidance, citing a strong financial performance inside first nine months of the year, however trimmed revenue target due to weaker-than-expected growth in western Europe. While Adidas has been taking market share via bigger rival Nike in North America, the U.S. firm has been powering ahead in Europe, Middle East along with Africa, ...

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Ahold Delhaize Q3 sales, profit beat market forecast

Ahold Delhaize, the Dutch-Belgian operator of grocery stores in Europe in addition to the United States, on Wednesday posted third-quarter results in which beat analysts’ forecasts, lifted by strong online sales in addition to growth in its key markets. Group sales increased 3.6 percent to 15.8 billion euros ($18.09 billion) from the three-month period, Ahold said, with sales rising 3.2 ...

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How media sees midterm results

Media outlets outside the U.S. have also been closely following the Midterms along with Wednesday’s results, seeing the vote as a referendum on Trump’s time in power. The U.K.’s right-leaning newspaper The Telegraph reported the results on its front page along with noted that will a lot of U.S. voters had been driven to vote (either way) by Trump’s policies ...

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