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‘Melania’s enforcer’: What we know about Trump’s new press secretary

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By David Mercer, news reporter She has a record of defending scandal-hit politicians and is a close confidante of US first lady Melania Trump. Stephanie Grisham has been named as Donald Trump’s new press secretary – the third person to take on the role during his time as US president. Here, Sky News looks at Read More

Exclusive: Investors with $34 trillion demand urgent climate change action

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LONDON (Reuters) – Investors managing more than $34 trillion in assets, nearly half the world’s invested capital, are demanding urgent action from governments on climate change, piling pressure on leaders of the world’s 20 biggest economies meeting this week. FILE PHOTO: A commuter walks along Waterloo Bridge, which is being blocked by climate change activists, Read More

Fed pushes back on aggressive U.S. rate cut views

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NEW YORK (Reuters) – Federal Reserve officials on Tuesday pushed back on market expectations and presidential pressure for the central bank to deliver a significant U.S. interest rate cut of half a percentage point as soon as its next meeting. Chairman Jerome Powell defended the central bank’s independence from President Donald Trump and financial markets, Read More

Gold soars to six-year high as trade, Iran tensions mount

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LONDON (Reuters) – Trade anxiety and escalating tensions between the United States and Iran sent gold soaring to a six-year high on Tuesday, and saw traders dive back into safe-harbour government bonds and the yen and Swiss franc at the expense of the dollar. FILE PHOTO: The German share price index DAX graph is pictured Read More

Safety first: markets wary of world politics and policy and dash for bunkers

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LONDON (Reuters) – Gold, Switzerland’s franc, Japan’s yen, top-rated government bonds, and even bitcoin — investors have dashed for havens and alternative assets this week as anxiety grows about trade wars, U.S.-Iran tensions and negative interest rates. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., Read More

Fund supermarket Allfunds bulks up with Credit Suisse deal

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ZURICH (Reuters) – Spain’s Allfunds Group is buying Credit Suisse’s business-to-business investment fund platform InvestLab for an undisclosed sum as the investment services industry consolidates to reap the benefits of scale. FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva, Switzerland, October 17, 2017. REUTERS/Denis Balibouse Credit Suisse will take a Read More

Trade stress, Iran tensions hits stocks, dollar frets on Fed doves

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LONDON (Reuters) – European shares were spooked by Iran tensions and trade jitters on Tuesday, while the risk of more dovish talk from the Federal Reserve inflated gold to six-year highs and stoked demand for safe-harbor currencies like the yen and Swiss franc. FILE PHOTO: An investor watches stock prices at a brokerage office in Read More

Trump signs off sanctions ‘targeting Iran’s supreme leader’

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US President Donald Trump has signed off fresh sanctions on Iran which he says will target the country’s supreme leader Ayatollah Ali Khamenei. The moves comes amid escalating tensions between the two countries after Tehran shot down an American drone last week. Speaking in the Oval Office at the White House, Mr Trump said he Read More

Wood continues growth in Norway with two new Equinor contracts

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6/24/2019 BOSTON — Wood has secured two new contracts from Equinor for onshore and offshore facilities in Norway. The contracts continue Wood’s successful track record of delivering engineering and technical services to Equinor — both in-country and globally — for more than two decades. In the first of the new contracts, Wood will deliver FEED Read More

Bristol-Myers plans to divest Celgene’s psoriasis drug

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(Reuters) – Bristol-Myers Squibb Co on Monday offered to divest Celgene Corp’s psoriasis treatment Otezla to allay concerns raised by the U.S. competition regulator, and pushed back the closing of their $74 billion deal. FILE PHOTO: Logo of global biopharmaceutical company Bristol-Myers Squibb is pictured on the blouse of an employee in Le Passage, near Read More