Apple will generate significant profits and sales growth over the next three years, according to one Wall Street firm. D.A. Davidson initiated coverage for Apple shares with a buy rating, citing the company’s leadership position in the smartphone market. “With an eye for design, strong share in the premium (high margin) markets for smartphones and […]
Read moreBritain’s Royal Bank of Scotland is to cut around 792 jobs and shutter 162 branches following a review of its branch network in England and Wales, the state-backed lender said on Tuesday. RBS, which is more than 70 percent owned by the British taxpayer following a 2007 bailout, said the redundancies and closures were necessary […]
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The “Chicken War” (1962-1963) But that didn’t mean the end of trade wars. “There was this really quite aggressive move in the 1960s of chicken, and people talked about a chicken war,” James said. European countries were importing increasingly large amounts of frozen American chicken. According to a report by the Cato Institute, a libertarian […]
Read moreMarkets in Australia and Japan traded mostly higher on Tuesday while many Asian markets were shut for a public holiday. The session in Asia followed a decline in U.S. stocks amid a pullback in the telecommunications sector. Australia’s ASX 200 rose 32.5 points, or 0.54 percent, to 6,015.20, with the heavily weighted financial sector gaining […]
Read moreSouth Korean exports declined in April for the first time in 18 months, unable to keep up with 2017’s brisk pace as global demand softened, adding to worries about the country’s trade outlook amid the risk of a deepening U.S-China trade conflict. Exports fell 1.5 percent to $50.1 billion from a year earlier, marking the […]
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