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Oil poised for biggest monthly drop in 6 months on trade wars Oil fell on Friday and held on track for its biggest monthly drop in six months as comments from U.S. President Donald Trump ramped up trade tensions, weighing on the demand outlook. Brent futures are heading for a 10 percent slide in May and WTI for a 13 ...
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Yes, The Inverted Yield Curve Foreshadows Something, But Not A Recession The data gurus are at it again – shopping for correlations and finding inverted yield curves often occur before recessions. And, look – yields are inverted today. Oh, boy! Now we can predict with assurance that a recession is coming. Well… unfortunately, there ...
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Lead a Major Automaker for 3 Years and You're an Industry Elder When Dieter Zetsche was replaced as chief executive of Daimler last week, it underlined yet another momentous change in the automotive industry's executive ranks. In the past year, dozens of divisions, groups and conglomerates have lost and gained, and ...
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Tesla has never needed to advertise, but that might have to change New York (CNN Business) Electric car competition is ramping up, and Tesla's sales are slumping. It may be getting time for Elon Musk to go to Madison Avenue. Tesla (TSLA) became a major force in the auto industry without spending a dime on advertising.
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Someone splashed out $400000 on a diamond ring at Costco A Costco shopper spent $400,000 on one of its diamond rings. In an earnings call with investors on Thursday, Costco's CFO Richard Galanti called this out as being one of the biggest sales highlights in the most recent quarter. Bloomberg was first to report the ...
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Allianz Expands in UK Insurance With $1 Billion of Deals Allianz SE agreed to buy two insurance businesses in the U.K. in deals valued at a combined $1 billion, transforming the firm into the second-biggest general insurer in the country. The Munich company agreed to acquire the general-insurance business of ...
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Leap Motion, Once a Virtual-Reality High Flier, Sells Itself to UK Rival Leap Motion Inc., a virtual-reality startup that helped pioneer gesture tracking technology, has agreed to sell itself to British rival UltraHaptics Ltd. for approximately $30 million, according to people familiar with the matter—about a 10th of its valuation just a few ...
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UK house prices slip as confidence remains subdued, says survey UK house prices cooled in May as consumer confidence remained subdued, according to a survey. Property prices dropped 0.2% month on month in May, after adjustment for seasonal factors, sliding from positive monthly growth in April, the latest Nationwide ...
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Sprint's 5G launch makes Dallas its largest market for the faster wireless network At a nationwide 5G launch event Thursday in Irving, Sprint CEO Michel Combes took a few moments to look back at how each generation of the wireless network has transformed the way people communicate and birthed billion-dollar businesses. With 1G ...
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Share Market LIVE: Sensex tanks over 100 points, Nifty below 11920; YES Bank, Vedanta, Grasim worst performers Share Market LIVE: After approaching their all time highs in early trade today, benchmark indices Sensex and Nifty pared gains and traded on the negative zone on account of profit booking. At 2:00 pm, Sensex fell to 39,720, down by 111 points with 21 ...
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I just saw a Ghost: Rolls-Royce among classic cars coming to Detroit A stunning Rolls-Royce so old it predates the brand's famous Flying Lady hood ornament is just one of the great cars on tap for the 2019 Concours d'Elegance of America and a full weekend of events July 26-28. The gleaming 1909 Silver Ghost features an ...
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De La Rue crashes as Daily Mail rockets The reaction to news from these two big names could not have been different. Here's how events unfolded. MailOnline produced a headline-grabbing performance for Daily Mail & General Trust today as the conglomerate's shares extended their gains for ...
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Analysts Remain Bullish on Canada Goose (GOOS) Stock Despite Earnings Setback Summertime sadness? Perhaps that's the reason why Canada Goose (GOOS) is feeling the heat. The outdoor apparel company saw its stock plunge 30% on Wednesday following a worse-than-expected fourth-quarter earnings release, while lowering its ...
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BYJU's reports ₹1430 crore revenues in FY19, claims to be profitable Bengaluru: Online tutoring app Byju's on Thursday said it has almost tripled its total revenue to ₹1,430 crore for the year ended March 2019, up from ₹490 crore revenue reported in FY18. The startup, a unit of Think & Learn Pvt Ltd, also claimed in its press ...
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2020 Chevrolet Corvette C8 Will Have Encrypted ECU to Deter Third-Party Tuning: Report Chevrolet's upcoming eighth-generation Corvette, or "mid-engined C8" as it's known to its fans, has an electrical control system reportedly so complex and secure that third-party attempts to tune the factory ECU could potentially "brick" the car. The 2020 ...
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