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US-China deal offers relief, not resolution

Markets are set to rally on the announcement of a US-China trade agreement, but the structural conflict between the world’s two largest economies remains intact, warns the CEO of a leading independent financial advisory and asset manager. President Donald Trump declared on Wednesday that a deal

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Netflix market cap up $103 bln in Jan-May

Streaming giant Netflix has made a record-breaking comeback, adding over $100 billion to its stock value year-to-date, marking its strongest five-month gain in absolute dollar terms over the past decade, according to data from Stocklytics.com. Following its huge subscriber loss

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WTI climbs to $67 on rising MidEast tensions

West Texas Intermediate (WTI) is trading around $67.00 during the Asian session on Thursday, with the US crude oil benchmark climbing to near two-month highs amid heightened geopolitical tensions in the Middle East.

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Natgas back on the EU agenda

By Charles Ellinas In Germany, the new Economics Minister Katherina Reiche has urged construction of new gas-fired power plants. She said, “we

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WTI climbs to $67 on rising MidEast tensions

West Texas Intermediate (WTI) is trading around $67.00 during the Asian session on Thursday, with the US crude oil benchmark climbing to near two-month highs amid heightened geopolitical tensions in the Middle East. Reuters reported on Wednesday that the United States is planning

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North Sea collision to activate multiple insurance

The collision in the North Sea between the MV Solong, a Portuguese-flagged cargo ship, and the MV Stena Immaculate, a tanker transporting jet fuel for the U.S. military, could activate multiple insurance policies, because of the types of vessels and

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