HELSINKI — Russian President Vladimir Putin told President Donald Trump Monday that he never meddled in the 2016 U.S. election, the Russian leader said Monday at a joint press briefing. “Once again, President Trump mentioned the issue of the so-called interference of Russia with the American elections, and I had to reiterate things I said […]
Read moreU.S. retail sales rose solidly in June, boosted by increases in purchases of motor vehicles and a range of other goods, cementing expectations for robust economic growth in the second quarter. The Commerce Department said on Monday retail sales increased 0.5 percent last month. Data for May was revised higher to show sales rising 1.3 […]
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Trump claims US-Russia relations have ‘never been worse’ shortly before Putin meeting
President Donald Trump blamed “U.S. foolishness” for souring relations between Washington and Moscow on Monday, just hours before he is expected to sit down with Russian President Vladimir Putin. Trump said previous U.S. administrations — and not Moscow — were to blame for a steep decline in U.S.-Russia relations in recent years. “Our relationship with […]
Read moreAs President Donald Trump and his Russian counterpart Vladimir Putin prepare for a head-to-head on Monday, nearby superpower China will be paying the most attention to the relationship dynamic between the two leaders, analysts told CNBC. The Trump-Putin summit taking place in Helsinki, Finland, this week “could present China with important strategic opportunities as well […]
Read moreThe spotlight might be on Presidents Donald Trump and Vladimir Putin Monday as they hold their first summit; but investors will also monitor a meeting between the EU and China with both looking to fend off U.S. tariffs. The EU and China launched negotiations for an investment agreement in 2013, but the ongoing threats and […]
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Trump-Putin summit could provide a ‘significant breakthrough’ on Syria, strategist says
President Donald Trump’s encounter with Russian President Vladimir Putin could be the catalyst for major diplomatic progress over Syria, one expert told CNBC Monday. The first official dialogue between the two global leaders will take place in Helsinki’s presidential palace on Monday, marking a symbolic end to the Western effort to isolate Russia after its […]
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European markets seen higher ahead of earnings; Trump-Putin meeting in focus
European shares are expected to open mostly higher Monday as investors focus on earnings and monitor an upcoming meeting between the United States and Russia. The FTSE 100 is seen off by 3 points at 7,661; the CAC 40 is set to start higher by 16 points at 5,441; and the DAX 30 is expected […]
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Trump suggests US and UK could strike a 'tremendous' trade deal after Brexit
President Donald Trump hinted that the world’s largest economy could strike “a tremendously big deal” with United Kingdom, if the latter country successfully negotiates its exit from the European Union. In an interview with British broadcast journalist Piers Morgan, Trump — fresh from his first official visit to the U.K. — dangled the prospect of […]
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GULLIVER is not the type of person to kick up a fuss on his travels, least of all when lucky enough to be at the front of the plane. But his patience was pushed to the limit a couple of years ago, when his EgyptAir flight from Cairo to London was blighted by the near-constant […]
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While it makes sense that richer countries would have better infrastructure and wealthier citizens with time to enjoy sports, that isn’t a clear indicator for success. Baig notes that China is a cautionary tale about trying to buy soccer success. “It’s not the quantity but the quality of investment,” he said. Despite spending more than […]
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