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Global stocks mixed after Trump signs telecoms order

Via AP Business TOKYO (AP) — Global shares are mixed after President Donald Trump signed an order imposing controls on exports to foreign telecoms companies that apparently was aimed at Chinese equipment makers. France’s CAC 40 slipped nearly 0.2% to 5,364.35 in early trading, while Germany’s DAX fell 0.5% to 12,043.09. Britain’s FTSE 100 lost...

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Walmart 1Q profits top estimates as e-commerce operations continue to grow

Via Fox Business Walmart launches free next-day delivery service Layfield Report CEO John Layfield, former Obama economic adviser Robert Wolf, Trump 2020 Advisory Board member Marc Lotter and former investment banker Carol Roth discuss Walmart’s next-day delivery service and whether Amazon should be nervous. Walmart topped profit estimates for the first quarter as same-store sales...

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Clean & honest broker lacking colonial baggage: Russia investing in Africa’s huge energy potential

Via RT Business Africa’s economic potential is enormous: the continent contains significant mineral and energy deposits, a young and growing population, and an underdeveloped energy sector desperately in need of investment. Approximately 640 million people, or two-thirds of the entire populace, don’t have access to electricity. According to the African Development Bank, energy poverty reduces...

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Airbus CEO says all planemakers to suffer from ‘lose-lose’ trade war

Via Reuters Finance LONDON (Reuters) – Airbus Chief Executive Guillaume Faury warned on Thursday any further escalation of trade tensions would damage aerospace firms globally, including the European planemaker’s U.S. rival Boeing. FILE PHOTO: Guillaume Faury, President of Airbus Commercial Aircraft, poses during Airbus’s annual press conference on Full-Year 2018 results in Blagnac, near Toulouse,...

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Hollywood’s big players stay quiet on Georgia abortion law

Via AP Business LOS ANGELES (AP) — Georgia and Hollywood are worlds away from one another, physically and culturally, but irresistible tax incentives have turned the state into a filming powerhouse dubbed “Hollywood of the South.” Productions as big as Marvel Studios’ superhero blockbusters and shows like “Stranger Things” and “The Walking Dead” call the...

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Lloyds braces for pay revolt at annual investor meeting

Via Yahoo Finance By Iain Withers and Sinead Cruise LONDON (Reuters) – Lloyds Banking Group is braced for a potential shareholder revolt over senior executives’ pay at its annual meeting on Thursday, after criticism by politicians and a string of similar rebellions at rival banks. The bank’s CEO Antonio Horta-Osorio’s 6.3 million-pound pay in 2018...

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Countdown to zero: Russia continues dumping US debt

Via RT Business Foreign investors have accelerated the reduction of US debt securities, selling $21.7 billion of their holdings in March, according to data released on Wednesday by the US Treasury Department. Russia, which is no longer a leading creditor of the US, after an unprecedented dumping of the US Treasury bonds in April and...

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UEFA investigators send Man City case to judges for verdict

Via AP Business GENEVA (AP) — UEFA club finance investigators have sent their Manchester City file to independent judges for a verdict which could be a one-year ban from the Champions League. The English champion is suspected of breaking rules that monitor clubs’ commercial income and spending on player transfers and wages, and faces the...

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Farage & Gabbard – Lions Of The Great Realignment

Via Zerohedge Authored by Tom Luongo, There is a realignment coming in electoral politics. It began with Ron Paul in 2008 and has been building for more than a decade. We know this story well. That realignment will be about restoring not just national sovereignty but also personal autonomy in a world the rulers of...

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Iran says US sanctions ‘unacceptable’ as crisis mounts

Via AP Business DUBAI, United Arab Emirates (AP) — Iran’s foreign minister on Thursday slammed mounting U.S. sanctions imposed on Tehran by the Trump administration as “unacceptable,” even as he insisted that his country is committed to an international nuclear deal that has steadily unraveled amid rising tensions in the Mideast. Recent days have seen...

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China says opposes unilateral sanctions against its entities, as U.S. blacklists Huawei

Via Yahoo Finance BEIJING (Reuters) – China strongly opposes other countries imposing unilateral sanctions on Chinese entities, a Commerce Ministry spokesman said on Thursday in response to the latest U.S. restrictions on telecom giant Huawei Technologies Co. The United States should avoid further impacting Sino-U.S. trade relations, spokesman Gao Feng told reporters at a weekly...

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Schools turn to technology to reduce toll during shootings

Via AP Business LOS ANGELES (AP) — Efforts to combat the intractable problem of school shootings are starting to shift from preventing the violence to reducing the number of victims through technology that speeds up law enforcement’s response and quickly alerts teachers and students to danger. School districts are using products like gunshot detection systems...