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Monthly Archives: July 2018

Barcelona announces record revenue

Power Sport Images | Getty Images Lionel Messi of FC Barcelona during a match between Barcelona and Real Sociedad at Camp Nou on May 20, 2018, in Barcelona, Spain. Even before the start of the new season, FC Barcelona has scored a big win, announcing record revenue numbers for 2017/18. …

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This chart may be predicting the bull market’s demise 

The bull market’s future may come down to just one economic chart. According to economic forecaster Lakshman Achuthan, the trend between income and spending growth is signaling trouble is already here. “These are two of the key coincident indicators of what defines the economic cycle,” he said Monday on CNBC’s …

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US launches five WTO challenges to retaliatory tariffs

Getty Images U.S. Trade Representative Robert Lighthizer speaks during a meeting on trade held by U.S. President Donald Trump with governors and members of Congress at the White House on April 12, 2018 in Washington, DC. The United States launched five separate World Trade Organization dispute actions on Monday challenging …

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North Korea and Zimbabwe: A friendship explained

The Fifth Brigade of the Zimbabwean army, trained by North Korea, practice karate at Rufaro Stadium in Harare, Zimbabwe, in May 1984. When former Zimbabwean President Robert Mugabe was elected into power in 1980 following the country’s independence, military training from North Korea became more closely linked to its leadership. …

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Deutsche Bank downgrades Netflix but subscriber miss not ‘thesis changing’

Netflix shares were downgraded by Deutsche Bank from “buy” to “hold’ on Tuesday, following the streaming company’s huge second quarter subscriber miss on Monday. “The slowdown in growth is not thesis changing, but does require a re-evaluation of value and consideration of the stock’s year to date appreciation from $200 …

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China: Fintech companies offer ‘enormous’ opportunity

Anthony Kwan | Bloomberg | Getty Images Mobile payment platforms Apple Pay and Alipay are displayed for a photograph in Hong Kong, China, on November 1, 2016. Despite a slowdown in growth and trade tensions, there are “enormous” and “stunning” opportunities in China, particularly in Fintech, an investment manager said …

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Thyssenkrupp chairman quits, causing leadership turmoil

Krisztian Bocsi | Bloomberg | Getty Images A ThyssenKrupp worker by an automobile body frame at a plant in Duisburg, Germany, on December 12, 2014. The chairman of Germany’s Thyssenkrupp has resigned, following the company’s chief executive under pressure from activist shareholders demanding a radical restructuring of the embattled industrial …

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Brexit campaign group Vote Leave referred to police for breaching spending rules

Neil Hall | Reuters Vote leave supporters wave Union flags, following the result of the EU referendum, outside Downing Street in London, Britain June 24, 2016. Britain’s electoral commission said on Tuesday it had fined the officially designated pro-Brexit campaign group for breaching spending rules in the 2016 referendum and …

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Neom Organics’ Nicola Elliott on finding the right business partner

Photo by Matthew Whiteley, Courtesy of AllBright Neom Organics founder Nicola Elliott (L), FaceGym founder Inge Theron (M) and AllBright Co-founder Debbie Wosskow OBE (R) at the 2018 AllBright FoundHER Festival in London. It’s good to have someone who’s going to be there for you, push you and cheer you …

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Russia prepared to extend New START nuclear treaty

Grigory Dukor | Reuters President Donald Trump and Russian President Vladimir Putin shake hands as they hold a joint news conference after their meeting in Helsinki, Finland July 16, 2018. “I reassured President Trump that Russia stands ready to extend this treaty, to prolong it, but we have to agree …

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