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U.S. President Donald Trump on Monday said efforts to end a U.S. trade war with China were going well as the world's two largest economies continued to battle over trade and politics across the world despite heralding a long-awaited truce this month. Trump last week said he hopes that the first phase of a trade deal announced earlier in October will be signed by the middle of next month. U.S. Trade Representative Robert Lighthizer told reporters the administration still aimed to finalize a deal on the first phase of the deal in time for the Asia-Pacific Economic Cooperation meetings in Chile on Nov. 16 and 17, but said there were still outstanding issues to resolve....
SAP SE (NYSE: SAP), the German enterprise software conglomerate, replaced its chief executive officer of nine years, Bill McDermott, last week, with a pair of co-CEOs, board members Jennifer Morgan and Christian Klein. During his tenure, McDermott led SAP's pivot to cloud software and grew the company's market share in Europe....
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining......
The big shareholder groups in Lakeland Bancorp, Inc. (NASDAQ:LBAI) have power over the company. Institutions often own......
Chilean President Sebastian Pinera said on Monday evening he would meet opposition leaders to forge a "new social contract" to alleviate inequality as thousands of Chileans defied a military curfew in protest marches around the capital. Pinera struck a conciliatory tone in a national address from the Moneda Palace in Santiago after declaring on Sunday from the city's military barracks that the country was "at war" against vandals, a statement that sparked outrage in some quarters. Thousands of Chileans poured into Santiago's central squares on Monday to protest high living costs after a weekend of looting, arson and clashes with security forces killed 11 people....
The Euro did very little during the day on Monday, as we continue to grind back and forth. The market is currently a bit overstretched, so I would not be surprised at all to see a bit of a pullback coming....
Prime Minister Boris Johnson's plan to lead Britain out of the European Union at the end of this month hit another roadblock Monday when the speaker of the House of Commons rejected his attempt to hold a new vote of lawmakers on his Brexit divorce deal. The ruling by Speaker John Bercow plunged the tortuous Brexit process back into grimly familiar territory: grinding parliamentary warfare. With just 10 days to go until the U.K. is due to leave the bloc on Oct. 31, Johnson's government was seeking a "straight up-and-down vote" on the agreement he struck last week with the 27 other EU nations....
