Sunday September 23, 2018 7:51:32 PM PDT - If people don't occasionally walk away from you shaking their heads, you're doing something wrong. - John Gierach
 
 
 

 

 

 
 

Sun, 23 Sep 2018 22:42:16 -0400

Asian firms shuffle production around the region as China tariffs hit

A growing number of Asian manufacturers of products ranging from memory chips to machines tools are moving to shift production from China to other factories in the region in the wake of U.S. President Donald Trump's tariffs on Chinese imports.


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Sun, 23 Sep 2018 22:20:16 -0400

New U.S., China tariffs set to take effect, no compromise in sight

The United States and China are set to impose new tit-for-tat tariffs against each other's goods on Monday, the latest escalation in a heated trade war between the world's two largest economies.


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Sun, 23 Sep 2018 21:31:48 -0400

Asian shares wobble as China halts trade talks with U.S.; oil rallies

Asia shares eased in holiday-thinned trading on Monday and the safe haven yen gained as China canceled upcoming tariff talks with the United States, while oil prices jumped after top producers including Russia ruled out boosting crude output.


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Sun, 23 Sep 2018 21:16:11 -0400

Key companies to attend White House quantum computing meeting

The White House will hold a meeting on Monday on U.S. government efforts to boost quantum information science, with administration officials, leading companies including Alphabet Inc , IBM Corp , JPMorgan Chase & Co and academic experts taking part.


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Sun, 23 Sep 2018 19:20:18 -0400

Global spending on digital marketing nears $100 billion: study

Spending on digital marketing grew by 44 percent last year in the United States and Britain to $52 billion, a study has found, estimating that global outlays on such tactics are approaching $100 billion.


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Sun, 23 Sep 2018 19:19:51 -0400

Global advertising expenditure to grow 4.5 percent in 2018: Zenith

Global advertising expenditure is predicted to reach $581 billion at the end of 2018, with most of the growth coming from sponsored content in search engines and social media ads, according to industry forecaster Zenith.


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Sun, 23 Sep 2018 17:33:29 -0400

Canada PM says informal NAFTA talks likely in next few days at U.N.

U.S. and Canadian officials trying to reach a deal on NAFTA are "very likely" to hold informal talks on the sidelines of a major U.N. meeting in the next few days, Canadian Prime Minister Justin Trudeau said on Sunday.


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Sun, 23 Sep 2018 16:13:13 -0400

WPP preparing to merge Young & Rubicam and digital ad firm VML: WSJ

The world's largest advertising company WPP Plc's is preparing to consolidate some of its businesses in a bid to keep pace with the industry's digital shift, the Wall Street Journal reported on Sunday.


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Sun, 23 Sep 2018 15:35:04 -0400

European Banking Authority is asked to investigate oversight of Danske Bank

The European Commisssion has asked the European Banking Authority (EBA) to investigate what went wrong in the oversight of Danske Bank's Estonian branch, which is at the center of a major money laundering scandal, it said on Sunday, confirming a report in Financial Times.


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Sun, 23 Sep 2018 15:19:24 -0400

Volume spikes on sector reshuffle, quadruple witching

An overhaul of Wall Street's technology and media sectors coincided with the quarterly expiration of futures and options, bringing a burst of volume to trading late on Friday that could continue in the days that follow.


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Sun, 23 Sep 2018 13:16:12 -0400

Comcast demonstrates Sky-high ambition in global media shake-up

U.S. cable giant Comcast scored a big win in the scramble for media assets by beating Rupert Murdoch, and his backer Disney, in the battle for Sky with an eye-watering $40 billion bid.


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Sun, 23 Sep 2018 12:16:33 -0400

Low interest rates spawn rise in number of zombie firms: BIS

Decades of falling interest rates have led to a sharp increase in the number of "zombie" firms, a report for the Bank for International Settlements said, potentially threatening economic growth and preventing interest rates from rising.


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Sun, 23 Sep 2018 11:49:09 -0400

Siemens CEO pushes plans to boost Iraqi power infrastructure

Siemens said its boss Joe Kaeser met Iraq's prime minister on Sunday to discuss a proposal by the German company to expand the Middle East nation's power production.


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Sun, 23 Sep 2018 09:38:32 -0400

Volkswagen's Porsche drops diesel in electric car push

Volkswagen's Porsche will stop offering diesel versions of its cars, the unit said on Sunday, sharpening its focus on hybrid and battery-powered vehicles instead.


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Sun, 23 Sep 2018 09:17:13 -0400

Fed's Powell between a rock and hard place: Ignore the yield curve or tight job market?

Unemployment near a 20-year low screams at the U.S. Federal Reserve to raise interest rates or risk a too-hot economy. The bond market, not far from a state that typically precedes a recession, says not so fast.


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Sun, 23 Sep 2018 05:04:39 -0400

In Nigeria, Shell’s onshore roots still run deep

Royal Dutch Shell wants to reweight its footprint in Nigeria to focus on oil and gas fields far offshore, away from the theft, spills, corruption and unrest that have plagued the West African country's onshore industry for decades.


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Sun, 23 Sep 2018 05:04:39 -0400

Timeline: Shell's operations in Nigeria

Royal Dutch Shell pioneered Nigeria's oil and gas industry and remains a major investor in the West African country. But over the decades it has come under fire over spills in the Delta region and struggles with oil theft, corruption and oil-fueled violence.


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Sun, 23 Sep 2018 01:24:22 -0400

AstraZeneca CEO warns of medicine shortages after Brexit: Sunday Times

Britain could see widespread medicine shortages if there is no deal to prevent friction at the border with the European Union after Brexit, the AstraZeneca chief executive told the Sunday Times.


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Sun, 23 Sep 2018 00:53:52 -0400

Comcast outbids Fox with $40 billion winning offer for Sky

Comcast beat Rupert Murdoch's Twenty-First Century Fox in the battle for Sky on Saturday after offering 30.6 billion pounds ($40 billion) in a dramatic auction to decide the fate of the pay-television group.


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Sat, 22 Sep 2018 15:21:53 -0400

Fox plans to concede defeat in Sky battle, review stake: source

Rupert Murdoch's Twenty-First Century Fox expects Sky's independent directors to recommend Comcast's $39 billion bid, after which Fox will concede defeat in the battle for the British broadcaster, a source with knowledge of the matter told Reuters.


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