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After a sluggish start to the week, Crude oil has posted gains on Tuesday and is back above $58. Will the gains continue?...
The iShares MSCI Brazil Index (NYSE: EWZ ) is up 2% in the past week as far-right President Jair Bolsonaro announced he would be leaving his right-wing Social Liberal Party (PSL) and launching his own ......
WASHINGTON/BEIJING (Reuters) - The United States and China are close to agreement on the first phase of a trade deal, U.S. President Donald Trump said on Tuesday, after top negotiators from the two countries spoke by telephone and agreed to keep working on remaining issues. Trump said Washington was in the "final throes" of work on a deal that would defuse a 16-month trade war with Beijing, but also underscored Washington's support for protesters in Hong Kong, a potential huge sore point with China. China said it had summoned U.S. Ambassador Terry Branstad on Monday to protest the passage in the U.S. Congress of the Hong Kong Human Rights and Democracy Act, saying the bill amounted to interference in a Chinese internal matter....
CEO Elon Musk tweeted a video late Monday that showed the Cybertruck hauling a Ford Motor Company (NYSE: F) F-150 uphill. Neil deGrasse Tyson appreciated the physics. Musk dismissed the engine affront with a curt “not exactly,” but Tyson isn’t a physicist to be questioned....
(Bloomberg Opinion) -- A new movie, “Dark Waters,” shines a bright light on a group of dangerous chemicals that are likely in your bloodstream right now. It tells the true story of a polluter that manipulated research and kept evidence hidden from the public – and shows just how crucial it is that scientific evidence be produced by researchers free of conflicts of interest.The chemicals that drive the film’s drama, known as PFAS, are remarkably effective at repelling water and oil. They’re used to make familiar products such as Teflon, Scotchgard and Gore-Tex, and are found in the coating of pizza boxes and microwave-popcorn bags. Unfortunately, in recent years, they’ve also gained attention for their links to cancer, liver and thyroid disease, increased cholesterol, and depressed fertility. They’ve been found in the blood of almost every American ever tested, and they contaminate the water in communities across the U.S.“Dark Waters” focuses...
(Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.A new battle of the brokers is in court. BGC Partners Inc. and its rival Tradition are fighting over the “debacle” of the poaching of a six-person team with tales of surveillance by private security agents, deleted WhatsApp messages and threats to put a broker in jail.The 20-day trial kicked off Monday, with BGC declaring that not only did Tradition’s senior U.K. executive orchestrate the move of the brokers on BGC’s flagship currency-trading desk in April 2017, but he also received confidential information from a “tightly guarded” spreadsheet. Tradition, the London arm of Cie Financiere Tradition SA, said the entire lawsuit has an “Alice in Wonderland feel to it,” saying that most companies would want to recruit “star brokers.”The case has echoes of another high-profile and bitter dispute over recruitment within the small...
With today’s looming futures contract expiration, be prepared for heightened volatility and whip-saw action. The size of the speculative short position also makes the futures contract vulnerable to a short-covering rally later in the session....