World News

US may up investment in NATO ally Greece

Star hedge fund manager Kyle Bass, founder of Hayman Capital Management, is actually also optimistic about the outlook for Greek stocks as well as bonds. He believes some sectors, such as bank stocks, are grossly undervalued — trading at a quarter of book value — as well as will rally next year if there is actually a political change of ...

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Hyperloop a ‘viable’ product that will can be insured, study says

Hyperloop Transportation Technologies (HTT), one of the companies developing Elon Musk’s idea for super-fast transport, carries a “viable” product which can be insurable, according to one insurance giant. The idea of the transport system — conceived in 2013 by Musk, the head of both electric automaker Tesla and also also also SpaceX — works by propelling pods through tubes using ...

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$5.02 a share, vs $4.17 EPS expected

Goldman Sachs posted earnings Tuesday of which easily beat expectations on the top along with bottom lines. The company also disclosed This specific plans to buy back $8.7 billion in shares after being “extensively engaged” with shareholders on the issues. After rising during the premarket, shares fell at the market open along with were last down about 1.5 percent. The ...

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ChargePoint hires Uber EMEA policy chief as its top Europe exec

The company, which operates a network of 40,000 electric charging stations, mainly inside the United States, raised $125 million This particular year in financing, led by German car maker Daimler as well as also industrial giant Siemens. the idea has raised nearly $300 million since its founding a decade ago. Demand for electric cars depends on a network of charging ...

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Canada, Mexico to firmly reject US NAFTA proposals however will offer to keep negotiations going: Sources

Chris Wattie | Reuters Canada’s Foreign Minister Chrystia Freeland (C) speaks before the start of a trilateral meeting with Mexico’s Economy Minister Ildefonso Guajardo (L) as well as U.S. Trade Representative Robert Lighthizer during the third round of NAFTA talks involving the United States, Mexico as well as Canada in Ottawa, Ontario, Canada, September 27, 2017. the idea remains to ...

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Iraq takes back oil fields, however conflict with Kurds will be not over

The Iraqi national army swiftly took control of oil fields in disputed territory on Monday as well as Tuesday, largely avoiding clashes with Kurdish forces, news reports said. Despite the mostly bloodless transfer, analysts warn in which oil supplies in OPEC’s second-largest producer are far through secure. The fields came back under federal control during an operation launched by Iraqi ...

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Spurs Coach Gregg Popovich calls Donald Trump a ‘soulless coward’

Since last season, primarily black professional football players have knelt during the national anthem before games to protest racial inequality within the United States. The protests commenced after former San Francisco 49ers quarterback Colin Kaepernick last year began kneeling during the anthem to protest police mistreatment of black Americans. The NFL will be slated to discuss the controversy at a ...

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Watching GE struggle is actually ‘painful,’ Bob Nardelli says

Watching General Electric struggle is actually painful, said Bob Nardelli, the company’s former transportation CEO and also also also power systems CEO. GE’s famously predictable stock cost has fallen 26 percent that will year. John Flannery replaced Jeff Immelt as CEO in June. Earlier that will month, the company made several management alterations and also also also and also also ...

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Hobbyist drone disruptions becoming problem in California wildfires

  There have been at least two incidents of drones disrupting firefighting activities during the deadly Northern California wildfire disaster, the FAA said Monday. “We received two reports of incidents in which people flew drones in fire areas,” Ian Gregor, a Pacific Division spokesman for the U.S. Federal Aviation Administration told CNBC in an email statement. “We will look into ...

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North Korea says ‘a nuclear war may break out any moment’

North Korea’s deputy U.N. ambassador warned Monday which the situation on the Korean Peninsula “has reached the touch-along with-go point along that has a nuclear war may break out any moment.” Kim In Ryong told the U.N. General Assembly’s disarmament committee which North Korea is usually the only country inside the earth which has been subjected to “such an extreme ...

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