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Wall Street gains as earnings season gathers steam

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(Reuters) – U.S. stocks rose on Monday, lifted by technology companies, as investors eyed fresh U.S.-China trade developments during a busy week of corporate earnings with results from marquee names including Facebook and Amazon on tap. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2019. Read More

Wall St. set to open higher as earnings season gathers steam

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(Reuters) – Wall Street’s main indexes were set to open higher on Monday as investors eyed fresh trade developments between the United States and China during a busy week of corporate earnings, with results from marquee names including Facebook and Amazon on tap. Traders work on the floor at the New York Stock Exchange (NYSE) Read More

Crude oil futures gain on rising geopolitical tensions; Libya

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Singapore — Crude oil futures kicked off the week on a stronger note in mid-morning trade in Asia Monday, buoyed by renewed supply concerns on mounting geopolitical tensions in the Middle East, after Iran seized a UK chemical tanker and briefly detained a UK-owned VLCC in the Strait of Hormuz Friday. Not registered? Receive daily Read More

Funds managing $2 trillion urge cement makers to act on climate impact

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LONDON (Reuters) – European funds managing $2 trillion in assets called on cement companies to slash their greenhouse gas emissions on Monday, warning that a failure to do so could put their business models at risk. With the extreme weather and natural disasters associated with climate change intensifying around the world, some asset managers are Read More

Europe faces ‘looming syphilis epidemic’ thanks to dating apps and reduced fear of HIV

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Syphilis stopped being “a disease of the past” after its worrying resurgence in Europe, health experts told RT. Less fear of contracting HIV and the rise of dating apps are among the factors behind the problem. The spread of syphilis in Europe is intensifying due to worrying trends in human behavior, the head of the Read More

France and Germany stand by UK over ‘massive’ Iran crisis

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The French foreign ministry has called on Iran to quickly release a British-flagged oil tanker it detained on Friday afternoon. The Stena Impero and its 23 crew members were approached by unidentified small crafts and a helicopter as it passed through the Strait of Hormuz on Friday at around 4pm UK time, according to the Read More

Iran warned of ‘serious consequences’ over seizure of UK-flagged tanker

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Jeremy Hunt has warned Iran will face “serious consequences” if it does not release a British-flagged oil tanker which was detained in the Strait of Hormuz. The foreign secretary attended a meeting of the government’s emergency committee Cobra on Friday night amid escalating tensions in the region. Following the talks, a government spokesperson said Iran’s Read More

Iran warned of ‘serious consequences’ over seizure of UK oil tankers

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Government ministers are “deeply concerned” about the seizure of two ships by Iranian authorities in the Gulf. Foreign Secretary Jeremy Hunt has warned Iran will face “serious consequences” if it does not release a British-flagged tanker which was taken in the Strait of Hormuz. The foreign secretary attended a meeting of the government’s emergency committee Read More

Ford to lay off around 200 workers at Canadian plant

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TORONTO (Reuters) – Ford Motor Co (F.N) will lay off about approximately 200 employees in September at a Canadian manufacturing plant in Oakville, Ontario, with the possibility of more layoffs in January, the company said on Friday. FILE PHOTO: The logo of Ford is seen on a 2020 Ford Explorer car at Ford’s Chicago Assembly Read More

Judge rules against hedge funds that challenged 2016 Jarden deal

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WILMINGTON, Del. (Reuters) – A Delaware judge ruled against hedge funds on Friday that tried to get more cash out of Newell Brands Inc’s (NWL.O) 2016 acquisition of consumer goods company Jarden Corp, the latest setback for a once-popular investment strategy known as appraisal. Vice Chancellor Joseph Slights of the Court of Chancery found that Read More