LONDON (Reuters) - European shares had a third day of gains on Friday after U.S. President Donald Trump fueled hopes among investors that a deal to end a prolonged dispute over trade could be reached with his Chinese counterpart Xi Jinping later this month.The pan-European STOXX 600 hit its highest since Oct. 10 in early deals and sealed its best week since Dec 2016, rising 3.4 percent on the week...Read More
"Invictus MD Strategies (@Invictus_MD) (#TSXV: $GENE // #OTCQX: $IVITF) Completes Leaf Wise Acquisition [https://t.co/hHmpqcFKFx]#POTstocks #investing #stocks #stockmarket #trading #investors #news #investing #business #investments #cannabis #hemp #cannabisdaily #marijuana"Read full newsRead More
Apple's earnings reaction stifled the stock market's momentumStocks came back with a bang this week, though it wasn't enough to save the Dow from its worst monthly loss since January 2016. While news the U.S. was considering more tariffs on Chinese goods spooked traders early on, an upbeat tweet on U.S.-China trade talks from President Donald Trump sparked a broad-market surge, with the Dow and Na...Read More
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WASHINGTON (Reuters) - The Securities and Exchange Commission assessed $3.945 billion in disgorgement and penalties across 821 enforcement actions in fiscal 2018, the agency’s enforcement division said in its annual report on Friday.The total was a slight uptick in activity for the SEC, which reported just 754 actions in fiscal 2017 totaling $3.7 billion in disgorgement and penalties.“...Read More
WASHINGTON/BEIJING (Reuters) - U.S. President Donald Trump and Chinese President Xi Jinping, who spoke by telephone on Thursday, expressed optimism about resolving their trade dispute ahead of a high-stakes meeting at the end of November in Argentina.But within hours of upbeat assessment, the U.S. Justice Department took aim at another Chinese firm it accused of unfair practices, part of an across...Read More
Tesla delivered a new Powerpack system to Nova Innovation's tidal power station in Scotland - creating "the world's first grid-connected 'baseload' tidal power station."...Read full newsRead More
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NEW YORK (Reuters) - The U.S. economy is expanding at a 2.9 percent annualized rate in the fourth quarter, following the latest data on trade balance and domestic payrolls, the Atlanta Federal Reserve's GDPNow forecast model showed on Friday.This was slower than the 3.0 percent pace for fourth-quarter gross domestic product that Atlanta Fed's GDP program calculated on Thursday.Reporting by Richard...Read More
WASHINGTON (Reuters) - Alphabet Inc’s (GOOGL.O) Google unit said on Friday that its Washington office chief, who also heads Americas policy, is stepping down as the company faces criticism on issues including how it protects users’ privacy and its investment plans in China.Susan Molinari, a former Republican member of Congress who has run Google’s Washington policy operations for...Read More
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• The precious metal managed to rebound from 50% Fibonacci retracement level of the $1180-$1243 recent upsurge on Wednesday, though struggled to build on the overnight upsurge following the release of upbeat NFP report. • However, technical indicators on hourly/daily charts have been holding in bullish territory and support prospects for an extension...Read More
(Kitco News) - Central banks are not onlypurchasing more gold than in recent years, but a number of new buyers haveentered the fray.This includes Poland and Hungary,the first European Union nations to buy gold since the start of the century,said Junlu Liang, senior analyst with the consultancy Metals Focus. In the caseof Hungary, the central bank not only bought its first gold in 32 years, butalso...Read More
(Kitco News) - Central banks are not only purchasing more gold than in recent years, but a number of new buyers have entered the fray.This includes Poland and Hungary, the first European Union nations to buy gold since the start of the century, said Junlu Liang, senior analyst with the consultancy Metals Focus. In the case of Hungary, the central bank not only bought its first gold in 32 years, bu...Read More
UBS' price target represents a 40% premium to yesterday's closeThe shares of Michael Kors Holdings Ltd (NYSE:KORS) are up 3.5%, at last check, to trade at $58.51. This upside comes after UBS upgraded the retailer to "buy" from "neutral," and boosted its price target to $80 from $76, a nearly 40% premium yesterday's close. In addition, Piper Jaffray also raised its rating on KORS -- to "overweight...Read More
WASHINGTON (Reuters) - The United States said on Friday it will temporarily spare eight jurisdictions from U.S. Iran-related sanctions, allowing them to keep importing Iranian oil after U.S. economic penalties come back into effect on Monday.U.S. Secretary of State Mike Pompeo, who announced the decision in a conference call, did not name the jurisdictions, but he said that the European Union as a...Read More
WARSAW (Reuters) - Germany and Poland want Britain and the European Union to agree on an orderly divorce process over the next few days, Chancellor Angela Merkel said on Friday, warning that a lot of work remained to be done before a final deal is reached.“Over the next few days, and I have to say we don’t have many days left, we want to agree an orderly process with Britain for when B...Read More
MUMBAI/BENGALURU, Nov 2 - Physical gold demand in India was lacklustre this week, with dealers offering discounts for the metal ahead of a traditionally busy festival week for the first time in at least three years, as high prices kept consumers away.Prices in India, the second biggest gold consumer after China, held near 33,000 Indian rupees per 10 grams, the highest since September 2013, ahead o...Read More
MUMBAI/BENGALURU, Nov 2 - Physical gold demand in India was lacklustre this week, with dealers offering discounts for the metal ahead of a traditionally busy festival week for the first time in at least three years, as high prices kept consumers away.Prices in India, the second biggest gold consumer after China, held near 33,000 Indian rupees per 10 grams, the highest since September 2013, ahead o...Read More
All three indexes started the session in positive territoryThe Dow Jones Industrial Average (DJI) jumped nearly 200 points at the open on trade optimism and a strong October jobs report. However, the White House's denial that a U.S.-China trade deal is in the works and a sharp post-earnings sell-off for Apple (AAPL) stock has pulled the Dow into negative territory, with the S&P 500 Index (SPX) an...Read More