Higher trade tariffs coming from the U.S. are not what the euro zone needs right now following several years of a promising recovery, a high-ranked European official told CNBC. The 19-member region that shares the single currency has been growing at a gradual pace over the last two years following a sharp downturn due to […]
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US tariffs are a ‘necessary test’ to Europe’s economic recovery, top finance chief says
Higher trade tariffs might just be what the euro zone needs to check how its economy is actually performing after several years of promising growth, a high-ranked European official told CNBC. The 19-member region that shares the single currency has been growing at a gradual pace over the last two years following a sharp downturn […]
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European markets seen slightly lower ahead of US-Sino tariff deadline
European stocks are set to open slightly lower Thursday morning, with market players in a state of anxious uncertainty ahead of a U.S. deadline to impose tariffs on Chinese products. The FTSE 100 is seen 3 points lower at 7.563; the CAC is expected to open down around 1 point at 5,314 while the DAX […]
Read moreWhen Nadiem Makarim launched Indonesian ride-hailing service Go-Jek back in 2010, he couldn’t have anticipated its runaway success. For him, it was simply a way of improving his country’s flailing motorcycle taxi industry. But, within six short years, Makarim had gone down in the history books as the founder of Indonesia’s first unicorn — a […]
Read moreAsian markets were set for slight gains on Thursday, with investors nervous ahead of a deadline when tariffs from the U.S. and China are due to be implemented. Futures tipped markets in Japan and Australia to open higher. Nikkei futures were mostly flat, trading 0.06 percent higher than the index’s Wednesday close. Australian futures were […]
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Trump feels the heat on rising gas prices, demands oil cartel do more to 'reduce pricing now'
President Donald Trump issued a new demand for the world’s leading oil producing countries to stabilize oil markets, only days after the United States and Saudi Arabia discussed the possibility of the kingdom releasing more crude to dampen surging prices. On Twitter, Trump called on OPEC countries, fresh from a meeting in which they decided […]
Read moreCAMBRIDGE, England — When you step off the train here and walk into the city square outside the railway station, you will not see the spires of King’s College Chapel or the turrets atop the Trinity Great Court. The University of Cambridge is still a cab ride away. But you will see a stone and […]
Read moreFacebook’s reputation is under pressure from a data leak affecting up to 87 million users, calculated foreign manipulation of its advertising platform, and reports out of Myanmar and Sri Lanka that its services were weaponized for ethnic cleansing and genocide among other things. To address these scandals, Facebook has crafted a careful message: “We were […]
Read moreThere is a myth in Silicon Valley that only the young, upstart entrepreneurs will succeed. But eight successful founders from HuffPost’s Arianna Huffington to Ethereum’s Joseph Lubin prove founding past 40 is possible — if even preferable. “As a would-be entrepreneur, people have on-boarded this cultural myth that you have to be very young. Some […]
Read moreChina will succeed in building a powerful technology industry that will rival the United States, even if President Trump starts a trade war to stop it. The reason can be found on the fourth floor of a nondescript factory in a city once famous for cheap manufacturing and prostitution. This factory floor, in the southern […]
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