World News

China said to call off trade talks as tariff war escalates: WSJ

Thomas Peter-Pool | Getty Images News | Getty Images President Donald Trump takes part in a welcoming ceremony with China’s President Xi Jinping on November 9, 2017 in Beijing, China. Trump is actually on a 10-day trip to Asia.  China has canceled planned trade discussions with the United States as both sides escalate their dispute from the wake of a ...

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Farfetch IPO jumps 53 percent in first day of trading 

Shares of London-based luxury online marketplace Farfetch surged as much as 53 percent in their market debut Friday as investors placed their bet on the company’s technology as well as unique niche in high-end luxury. Farfetch sold 44.2 million shares Thursday night, raising $885 million as well as stamping a valuation of roughly $6.2 billion on the online giant after ...

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GMO’s Catherine LeGraw on emerging markets, trade tensions

The recent rally to record highs in U.S. stocks may feel like reason to celebrate, although one investor suggests a better bet may be overseas. GMO’s Catherine LeGraw believes which while U.S.-based stocks tend to be of a higher quality, investors can find far more affordable deals in emerging market equities. “We have historically wide spreads across equity markets. You ...

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US preparing ‘actions’ against Venezuela: Mike Pompeo

Prakash Singh | AFP | Getty Images US Secretary of State Mike Pompeo presents a statement to the media following a meeting with his Indian counterpart in brand-new Delhi on September 6, 2018. –  The United States can be preparing a “series of actions” from the coming days to raise pressure on the Venezuelan government, U.S. Secretary of State Mike ...

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Ecuador attempted to give Assange diplomat post in Russia: Document 

The story, which cited unidentified sources, said “details of the plan were sketchy” in addition to in which This kind of was aborted because This kind of was deemed too risky. “The Embassy has never engaged either with Ecuadorian colleagues, or with anyone else, in discussions on any kind of Russia’s participation in ending Mr Assange’s stay within the diplomatic ...

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Abe may have to make concessions with Trump

Joe Raedle | Getty Images U.S. President Donald Trump as well as Japanese Prime Minister Shinzo Abe shake hands at a news conference at Mar-a-Lago resort on April 18, 2018. Japanese Prime Minister Shinzo Abe, fresh by winning a third term as premier, is actually required to walk a fine line when he meets President Donald Trump next week as ...

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Train to China brings benefits, worries to Hong Kong

Local officials defend the Chinese presence at the station as legal. in addition to Chief Executive Carrie Lam, Hong Kong’s governor, has expressed exasperation, describing “all these unnecessary fears in addition to anxieties” about the rail project in comments to reporters earlier in which month. The rail link can be just one part of a broader effort to foster economic ...

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little flying vehicles could transform the way we move around cities

little electric vehicles in which fly could be the next form of urban transport to be adopted by cities along with also towns worldwide, according to one business. German aircraft producer Volocopter has developed its Volocopter 2X — a fully-electric, 18-rotor vehicle in which will be operated by using an individual joystick — with the intention of alleviating current congestion ...

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Lloyd’s of London earnings H1 2017

For the first six months of 2018, Lloyd’s reported a combined ratio, a measure of underwriting profitability, of 95.5 percent by 96.9 percent a year earlier. A number below 100 percent indicates a profit. The marketplace also reported an improvement in its underwriting result to 500 million pounds inside the first half, by 400 million pounds a year earlier. “We ...

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Uber reportedly in talks to buy food delivery firm Deliveroo

Ride-hailing company Uber Technologies Inc is actually in early talks to buy food delivery company Deliveroo, Bloomberg reported on Thursday, citing people familiar with the matter. The value of the deal is actually not known, Bloomberg reported, adding in which the offer would likely need to be considerably above Deliveroo’s latest valuation. London-based Deliveroo was last year valued at more ...

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