Bank stocks have lagged the broader market over the last month, and veteran analyst Dick Bove has one name to buy and sell into the end of the year. “[I would] buy Bank of America and short Goldman Sachs,” Bove said in a recent interview on CNBC’s “Trading Nation.” The Vertical Research Group analyst sees […]
Read moreIf you’ve ever been in the U.S. on St. Patrick’s Day, you know just how much Americans of Irish descent love their heritage. Even if many have never been to the Emerald Isle, they’ll enthusiastically tell you about their Irish ancestors who crossed the Atlantic in the wave of emigration that followed Ireland’s great potato […]
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OPEC meeting: Cartel poised to announce deal extension despite Russia concerns
OPEC ministers head to Vienna on Thursday to decide whether to extend output cuts beyond March next year. The prospect, however, of an alliance breakdown between the world’s two largest oil producers threatens to scupper the cartel’s plans. OPEC is expected to extend its deal with Russia and other oil producers to keep 1.8 million […]
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Irish government united on issue of border despite growing political rifts, finance minister says
Irish Finance Minister Paschal Donohoe told CNBC Monday that the country’s mandate on the issue of the border with Northern Ireland has not changed, despite growing political uncertainty within the government following a no-confidence motion on Friday against Deputy Prime Minister Frances Fitzgerald. His government’s position, which he says all Irish political parties agree on, […]
Read moreBritain’s Prince Harry is engaged to his U.S. actress girlfriend Meghan Markle with the marriage due to take place in the spring of 2018, his father Prince Charles announced in a statement on Monday. Harry, 33, currently fifth-in-line to the British throne, and Markle, 36, best known for her role in the U.S. TV legal […]
Read moreThe appetite for digital currencies keeps on rising, with their total market value breaking a new record high. The digital currency market rose above $300 billion for the first time on Sunday evening, according to industry website coinmerketcap.com. By 9:00 a.m. London time on Monday morning the total market capitalization had reached $304,628,469,227. This came […]
Read moreTensions between North Korea and its closest neighbor South Korea appear to be ratcheting up again just as a senior Russian official warned of an “apocalyptic scenario” developing on the Korean Peninsula. Russian Deputy Foreign Minister Igor Morgulov said Monday that the world could not ignore the crisis surrounding North Korea and fears over the […]
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A D&G Christmas tree and Cinderella crystal shoes: How UK retailers are trying to attract shoppers
Retailers in the U.K. are set to make more money this Christmas — but due to higher prices, not because shoppers are buying more items, according to researchers. A study by Global Data also found that brands, mainly fashion-related, need to go the extra mile to convince consumers to spend money. “Non-food retailers will continue […]
Read moreSwiss private bank Julius Baer said on Monday that Chief Executive Boris Collardi was resigning with immediate effect to take a post at Pictet Group in Geneva. Zurich-based Baer appointed current Chief Risk Officer Bernhard Hodler as CEO, adding it would engage in an evaluation process to address the long-term leadership of the group. Collardi, […]
Read moreCloser ties between two of the world’s most acute political powder kegs — North Korea and Syria — are fanning fears of deeper cooperation on missile technology and chemical weapons. The longstanding bilateral relationship, which stretches back to the late 1960s, has prospered this year even as both countries face international sanctions. Syrian minister of […]
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