Category: Finance

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Trump agenda: has the president got The United States’s encourage on trade?

Keep abreast of significant corporate, financial and political developments around the world. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust. Choose the subscription that is right for you Read more For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business…

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Jeremy Corbyn is asking on the Carillion bosses to provide support their bonuses

Jeremy Corbyn, leader of the Labour Party. Jack Taylor/Getty Images Jeremy Corbyn is calling on the directors of Carillion to give back their bonuses and surrender their salaries. The construction firm collapsed into liquidation on Monday with £1.5 billion of debt. Despite its financial difficulties, its bosses got £4 million in bonuses in 2017. Jeremy…

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Ethereum crashes 30% on Coinbase in 24 hours; Bitcoin tumbles 25%

Bitcoin briefly plunged below $10,000 late Tuesday afternoon on Coinbase, after first topping the psychologically key level in late November. Other major digital currencies also sold off sharply. Digital currency ethereum plunged 30 percent Tuesday, to below $1,000, while ripple fell below $1. In fact, nearly every major cryptocurrency suffered massive losses during the day.…

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GE chief considers ruin-up

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Bitcoin Plunge Extends to 25% as Alarm of Crypto Crackdown Linger

January’s cryptocurrency selloff got fresh impetus on Tuesday when Bitcoin slumped as much as 25 percent, as the prospect of regulatory crackdowns appeared to spread. While the largest digital coin was down 25 percent at $10,338 as of 4:37 p.m. in New York, it was still at the lowest level since early December, according to…

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Billionaire Sam Zell: I search for ‘irrational exuberance’ in the stock market, I’m mostly in cash

The seemingly unstoppable rally that’s pushed the stock market to record high after record high is based on emotions not fundamentals, billionaire investor Sam Zell told CNBC on Tuesday. “I think the current situation seems like irrational exuberance,” said the founder and chairman of the property specialist firm Equity Group Investments. Referring to “irrational exuberance,”…

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Immense Pharma’s Alzheimer’s efforts examined by Pfizer’s exit

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Worldwide locations are ‘namely focusing on’ China with ‘protectionism,’ legit says

Barriers to Chinese overseas investment have risen over the past year, owing in part to the Trump administration’s “America First” agenda. The U.S. initiated an anti-dumping investigation against aluminium producers in China just last year. And even though China’s leaders have proclaimed support for economic “openness” on the global stage, the country has rules in…