Tag Archives: percent

EU’s Barnier says Brexit deal 90 percent done, but Ireland issue could derail it

PARIS (Reuters) – European Union negotiator Michel Barnier said on Friday a Brexit deal with the United Kingdom was 90 percent done, although there was still a chance no accord would be reached due to ongoing stumbling blocks over the Irish border. European Union’s chief Brexit negotiator Michel Barnier attends the EU Commission’s weekly College meeting in Brussels, Belgium, October ...

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Instant View: China’s third quarter GDP rises 6.5 percent year-on-year, slowest since 2009

BEIJING (Reuters) – China’s third quarter economic growth slowed to its weakest pace since the global financial crisis, and missed expectations, as a years-long campaign to tackle debt risks and the trade war with the United States began to bite. The economy grew 6.5 percent in the third quarter from a year earlier, slower than the second quarter, the National ...

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Wall St. rallies over 2 percent with earnings, data boost

NEW YORK (Reuters) – U.S. stocks surged more than 2 percent on Tuesday after upbeat earnings reports from major companies including UnitedHealth and Goldman Sachs and solid economic data, as equities rebounded from a recent sharp sell-off. Wall Street’s three major indexes tallied their biggest one-day percentage gains since March. The small-cap Russell 2000 recorded its biggest single-session gain in ...

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BlackRock’s profit rises 29 percent on demand for low risk funds

(Reuters) – BlackRock Inc (BLK.N) reported a 28.8 percent rise in profit on Tuesday, helped by higher demand for its low risk funds in a quarter marked by heightened trade tensions between Beijing and Washington. FILE PHOTO: A sign for BlackRock Inc hangs above their building in New York U.S., July 16, 2018. REUTERS/Lucas Jackson/File Photo GLOBAL BUSINESS WEEK AHEAD ...

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German carmakers have 50 percent chance of staying ahead, VW says

FRANKFURT (Reuters) – Germany’s carmakers only have a 50 percent chance of surviving as leading players in the auto industry unless they transform to meet new regulations and adapt their supply chains, Volkswagen (VOWG_p.DE) Chief Executive Herbert Diess said on Tuesday. FILE PHOTO: Herbert Diess, Volkswagen’s new CEO, speaks during the Volkswagen Group’s annual general meeting in Berlin, Germany, May ...

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VW CEO says German carmakers have only 50 percent chance of staying ahead

FRANKFURT (Reuters) – Germany’s carmakers only have a 50 percent chance of surviving as leading players in the auto industry unless they transform to meet new regulations and adapt their supply chains, Volkswagen (VOWG_p.DE) Chief Executive Herbert Diess said on Tuesday. FILE PHOTO: Herbert Diess, Volkswagen’s new CEO, speaks during the Volkswagen Group’s annual general meeting in Berlin, Germany, May ...

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SoftBank’s Saudi ties unnerve investors as shares drop 8 percent

TOKYO (Reuters) – SoftBank Group Corp (9984.T) saw its shares drop on Monday as fallout from the disappearance of a Saudi journalist spread to the Japanese conglomerate, whose nearly $100 billion Vision Fund is almost half financed by Saudi Arabia. FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, ...

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SoftBank shares fall 5.5 percent as Saudi ties cause concern

TOKYO (Reuters) – SoftBank Group Corp (9984.T) shares tumbled 5.5 percent on Monday, hurt by worries over its ties to Saudi Arabia as well as a broader market sell-off. FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato Saudi Arabia, which provided much of the funding ...

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