Tag Archives: era

Recent market jolt will be first of many as easy money era ends, says BIS

LONDON (Reuters) – Recent sharp selloffs across global financial markets are probably the first of many, as investors adjust to a world of tighter monetary conditions and the threat of economic downturn, the Bank of International Settlements said on Sunday. FILE PHOTO: United States one dollar bills are seen on a light table at the Bureau of Engraving and Printing ...

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Merkel’s party votes for new leader, and new era in Germany

HAMBURG (Reuters) – Angela Merkel’s Christian Democrats vote on Friday to decide who replaces her as party leader and moves into pole position to succeed her as German chancellor. German Chancellor Angela Merkel tours the Christian Democratic Union (CDU) party congress venue in Hamburg, Germany, December 6, 2018. REUTERS/Kai Pfaffenbach The frontrunners are Annegret Kramp-Karrenbauer, a Merkel protege seen as ...

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End of era beckons as Merkel says will not stand again as chancellor

BERLIN (Reuters) – German Chancellor Angela Merkel said on Monday she would not seek re-election as party chairwoman and that her fourth term as chancellor would be her last, heralding the end of a 13-year era in which she has dominated European politics. German Chancellor Angela Merkel attends a news conference following the Hesse state election in Berlin, Germany, October ...

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End of era beckons as sources say Merkel to give up CDU party chair

BERLIN (Reuters) – German Chancellor Angela Merkel told leaders of her conservatives on Monday that she will not seek re-election as party chairwoman, senior party sources said, heralding the end of a 13-year era in which she has dominated European politics. FILE PHOTO: German Chancellor Angela Merkel adjusts her earphone during a news conference with Czech Prime Minister Andrej Babis ...

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WPP shares plunge as falls behind ad rivals in post-Sorrell era

LONDON (Reuters) – WPP (WPP.L) lost a fifth of its market value on Thursday after a major downturn at its creative agencies in New York and London forced it to cut its sales and profit forecasts, ramping up the pressure on new boss Mark Read. FILE PHOTO: A WPPA sign on a wall outside the advertising company’s offices in London, ...

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Joel Osteen Says He Follows the ‘Billy Graham Rule’ to Keep Accountability in #MeToo Era

In an age where Hollywood producers, politicians, and even pastors are accused of sexual misconduct, mega church pastor Joel Osteen says he’s relying on the “Billy Graham Rule” to keep him out of hot water. The “Billy Graham Rule,” which is also touted by Vice President Mike Pence, tells men to avoid spending time alone with women they are not ...

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BMW to gain control of China venture in ‘new era’ for foreign carmakers

SHENYANG, China (Reuters) – Germany’s BMW (BMWG.DE) said it will take control of its main China joint venture for 3.6 billion euros ($4.2 billion), the first such move by a global carmaker as Beijing starts to relax ownership rules for the world’s biggest auto market. The luxury carmaker will boost its stake in its venture with Brilliance China Automotive Holdings ...

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