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U.S., EU and Japan vow to combat market distortion in thinly veiled swipe at Chinese trade practices.

The United States, European Union and Japan have vowed to work together to fight market-distorting trade practices and policies that have fueled excess production capacity, ...

- The Japan Times - JP

India 'deeply disappointed' over developments on food security issue at WTO.

India today expressed "deep disappointment" over the decision of a "major member country" to renege on its commitment for a permanent solution to the public food stockholding issue at the ongoing ministerial conference of the World Trade Organisation .Indias attempts to find a permanent solution to the food stockpile issue ...

- Deccan Herald - IN

Asian shares up, dollar dips as Republicans lose Alabama Senate race.

TOKYO - U.S. stock futures, Treasury yields and the dollar dipped on Wednesday as Democrat Doug Jones beat Republican Roy Moore in a bitter U.S. Senate race in Alabama, while Asian shares gained as crude oil futures took back some lost ground.

- Reuters - US

What you need to know before the open.

Today's top story: Exclusive: Labour to meet Morgan Stanley after Corbyn's "threat" tweet Today's leader: Christmas consumers face an epic hangover Discussions over the EU withdrawal bill will continue today in parliament. Theresa May faces a possible today as Conservative MPs unite to force a "meaningful vote" on the ...

- City AM - UK

Saudi tobacco tax to drag on BAT's growth.

Taxes in Saudi Arabia and some surrounding countries are expected to weigh on British American Tobacco's growth this year, but this will be offset by vaping and tobacco-heating products. The Gulf Cooperation Council imposed a tax on tobacco and sugary drinks this year in an effort to make up lost income from low oil prices. ...

- City AM - UK

Currency rates for December 13.

The official exchange rate of US dollar and euro to Azerbaijani manat for December 13 was set at 1.7001 manats and 1.9983 manats, respectively.

- AzerNews - AZ

S&P 500 and Dow rise to new highs, but tech stocks fall.

Big-name companies notched gains on Wall Street on Tuesday, bringing the Standard & Poor's 500 index and the Dow Jones industrial average to new highs for the second day this week. A slide in technology stocks pulled the Nasdaq down. Small-company stocks also lagged. Banks and other financial stocks...

- Los Angeles Times - US

NEO Tech Design Team Wins Industry Award for Creative Solutions That Accelerate Time-to-Market.

NEO Tech, a leading provider of manufacturing technology and supply chain solutions for brand name OEMs in the industrial, medical and aerospace & defense markets, announces that it earned an Annual Creativity in Electronics Award for its innovations in the electronics industry that have improved time to market. NEO Tech ...

- WebWire - US

Interbrand launches first-ever Best Sri Lankan Brands.

Bank of Ceylon, People's Bank and Dialog Axiata have been named by Interbrand as the three most valuable brands of Best Sri Lankan Brands 2017. The leading brand consultancy, Interbrand, has identified 20 brands are showing significant growth in their respected marketplaces. The team has noted 2017 as an interesting year in ...

- WebWire - US

IFC Innovation Day Introduces Korean Startups and Funds to Opportunities in Emerging Markets.

Digital revolution in   emerging markets such as Southeast Asia could create investment opportunities worth billions of dollars for Korean startups and venture capital funds. Working with multilaterals can help them explore opportunities and overcome challenges of global expansion, said experts at a workshop, which was ...

- WebWire - US

Coinbase faces outages as popular altcoins surge.

While bitcoin has seen a huge surge in price and popularity, it is far from the only cryptocurrency making market gains. Just as there are many different types of fiat currency including the US dollar, the euro, and the pound, there are also many types of cryptocurrencies. Two of the...

- Techspot - EC

WATCH: Trump feuds with Sen. Gillibrand on Twitter

Trump attacked Sen. Kirsten Gillibrand, saying she would "do anything" for campaign contributions, and she responded, "You cannot silence me." "The View" co-hosts discuss the heated exchange.

- ABC News - US

Dow, S&P Rise to All-Time Highs

Big-company stocks notched gains on Wall Street, bringing more records for major indexes, but smaller companies lagged behind. The Standard & Poor's 500 index and the Dow Jones industrial average closed at all-time highs Tuesday, but indexes tracking smaller companies fell, per the AP . The Dow added 118 points, or...

- Newser - US

Leaked documents show how Steve Bannon and Breitbart sought to sabotage Twitter via negative coverage, potential litigation, and stock manipulation

Joseph Bernstein / BuzzFeed: Leaked documents show how Steve Bannon and Breitbart sought to sabotage Twitter via negative coverage, potential litigation, and stock manipulation  —  Steve Bannon and his associates at Breitbart News planned a broad financial, legal, and editorial campaign to damage Twitter, according ...

- Mediagazer - US

In Spending Spree, European Mall Operator Bets on Westfield

Though malls are struggling, Unibail-Rodamco is set to acquire Westfield, the owner of shopping centers including the mall at One World Trade Center.

- New York Times - US

Barron's After Hours: Jabil Jumps, Boeing Gains, Comcast Rises

U.S. stocks rose on Monday ahead of the Federal Reserve's meeting on Wednesday with the S&P 500 closing 0.3% higher, while the Dow Jones Industrial Average has advanced 0.2%. Asia-Pacific markets are muted on Tuesday with Australia's S&P/ASX 200 edging 0.06% higher, while Japan's Nikkei nudged up 0.07%. Korea's Kospi, ...

- Barrons - US

Barron's After Hours: Insmed Soars, Western Digital Jumps, VeriFone Slumps

U.S. stocks climbed on Tuesday as producer prices rose ahead of the Federal Reserve's interest rate decision on Wednesday. The S&P 500 rose 0.2%, while the Dow Jones Industrial Average gained 0.5%. The Nasdaq Composite declined 0.2%. Asia-Pacific stock markets are flat with Australia's benchmark S&P/ASX 200 edging up ...

- Barrons - US

US, EU, Japan Slam Market Distortion in Swipe at China

The United States, European Union and Japan vowed Tuesday to work together to fight market-distorting trade practices and policies that have fueled excess production capacity, naming several key features of China's economic system. In a joint statement that did not single out China or any other country, the three economic ...

- Voice of America - US

CIBC mulls offering Caribbean subsidiary on U.S. stock markets

Canadian Imperial Bank of Commerce is considering listing its Caribbean banking subsidiary on U.S. stock markets, seeking options to redeploy resources away from a region that has been known as a risky place to do business

- The Globe and Mail - CA

Asian shares up, dollar dips as Democrat wins Alabama Senate race

TOKYO - U.S. stock futures, Treasury yields and the dollar fell on Wednesday as Democrat Doug Jones beat Republican Roy Moore in a bitter U.S. Senate race in Alabama, while Asian shares edged up as crude oil futures took back lost ground.

- Reuters - US

MPs urge government to keep close relationship with Euratom post-Brexit

The government should “as a matter of urgency” seek to retain as close as possible an association with Euratom following Brexit, a committee of MPs will today urge. The Business, Energy and Industrial Strategy committee will today warn the government not put the benefits of the Euratom regime at risk by ...

- City AM - UK

Waitrose's Christmas community spirit advert still packs a punch

Earlier this year, Waitrose slipped below German discounter Lidl in terms of market share. With the release of another large-scale Christmas advert – created by the same agency responsible for John Lewis’ Moz the Monster campaign – the British brand will be hoping its festive campaign helps it to regain ...

- City AM - UK

America's Cup to bring in $200 million in retail spending, new international brands

The America's Cup could bring an additional $200 million in retail spending and attract international brands to the Auckland market, according to a report.International real estate services firm CBRE looked at the potential impact...

- The New Zealand Herald - NZ

'Currency closer to equilibrium' as rupee hits record low

SBP governor says movement in exchange rate is in response to current account deficit challenge The post 'Currency closer to equilibrium' as rupee hits record low appeared first on The Express Tribune.

- The Express Tribune - PK

India is buying world's emptiest airport in its battle for territorial dominance with China

AP Photo/Sanka Gayashan India is buying Sri Lanka's second-largest airport, despite it only handling a dozen passengers a day. China recently took control of a nearby port that opens up significant trade routes, and India is worried about China's growing role in the Indian Ocean. Experts say the $300 million investment ...

- Business Insider - US

Asian shares flat, Fed hike expectations underpin dollar

TOKYO - Asian shares were treading water in early trade on Wednesday as crude oil futures steadied after a selloff, while a widely expected interest rate hike from the Federal Reserve underpinned the dollar.

- Reuters - US

Free zones authority signs pact to promote investment, trade

The Uganda Free Zones Authority has signed a Memorandum of understanding with Trademark East Africa to guide the formation of an investment, trade and logistics hub in Jinja District as well as promote collaboration between the two organisations

- Daily Monitor - UG

When, where, and how to take your firm global

Remainers and Brexiteers – from Tony Blair to Nigel Farage – acknowledge that leaving the European Union means we’ll have to upgrade our relationships with other parts of the world. With expansion comes opportunity, but entrepreneurs aren’t buccaneers. When the best business owners enter new markets, ...

- City AM - UK

After stunning rout, traders see no end to US dollar pain in 2018

NEW YORK, Dec 13 — For the almighty US dollar, 2017 has been nothing short of abysmal. Next year might be even worse. Despite a recent bounce back, analysts and investors say the greenback could lose more ground against the euro and yen as the...

- The Malay Mail - MY

Asian shares flat, Fed hike expectations underpin US dollar

TOKYO, Dec 13 — Asian shares were treading water in early trade tosday as crude oil futures steadied after a selloff, while a widely expected interest rate hike from the Federal Reserve underpinned the dollar. MSCI's broadest index of...

- The Malay Mail - MY

WTO talks: India seeks support  for food security, Doha plan

India on Tuesday upped the ante and demanded that the World Trade Organization unequivocally endorse the centrality of the multilateral system, give special treatment for developing countries and reiterate its commitment to the Doha Round apart from addressing its concerns on food security for it to back talks at the ...

- Times Of India - IN

Here's where first-time home buyers can get the biggest bang for their buck

Justin Sullivan/Getty Images A change in the short-term Federal Funds rate has no impact on the majority of existing homeowners, as most have 30-year, fixed-rate mortgages. However, it’s a different story for renters, which make up 36.1 percent of households. Any influence that a short-term rate change has on mortgage ...

- Business Insider - US

How today's tech giants compare to the massive companies of empires past

AP Images Saudi Aramco, the world's largest company, was worth $4.1 trillion in 2010. Dutch East India Company, established in the early 17th century, would be worth $7.9 trillion in today's dollars. Before speculative bubbles could form around Dotcom companies or housing prices , some of the first financial bubbles ...

- Business Insider - US

Big business buoyant on EU free trade deal

Business operators see a promising trade outlook following a decision by foreign ministers of the European Union to resume political contacts with Thailand including free trade agreement negotiations.

- BangkokPost - TH

S&P, Dow rise with help from banks; Nasdaq lags

NEW YORK - The S&P 500 and the Dow industrials registered record closing highs on Tuesday with a boost from bank stocks as investors eyed a potential cut in U.S. corporate taxes and continued economic growth after strong inflation data.

- Reuters - US

S&P, Dow rise with help from banks, Nasdaq lags

NEW YORK, Dec 13 — The S&P 500 and the Dow industrials registered record closing highs yesterday with a boost from bank stocks as investors eyed a potential cut in US corporate taxes and continued economic growth after strong inflation data....

- The Malay Mail - MY

U.S., EU, Japan slam market distortion in swipe at China

By Eliana Raszewski and Luc Cohen BUENOS AIRES - The United States, European Union and Japan vowed on Tuesday to work together to fight market-distorting trade practices and policies that have fuelled excess production capacity, naming several key features of China's economic system. In a joint statement that did not single ...

- Sify - IN

How major US stock indexes fared on Tuesday

Banks led U.S. stocks mostly higher Tuesday, bringing more records for the major indexes. The Standard & Poor's 500 index and the Dow Jones industrial average closed at all-time highs for the second time this week. A slide in technology...

- The New Zealand Herald - NZ

Republicans Duck Questions, Play Down Trump's Attack On Gillibrand

Sen. Mike Rounds was at Tuesday morning Bible study—a rare bipartisan activity on Capitol Hill—with Sen. Kirsten Gillibrand when her aides interrupted to inform her that President Donald Trump had gone after her on Twitter as a “lightweight” who “would do anything” for campaign ...

- TPM News - US

South Korea is going bitcoin crazy

Students are checking the price between classes, workers are trading as they line up for coffee, and grandparents are playing the market at home.

- CNNMoney - US

This scented candle startup wants to be the Warby Parker of self-care

Home scents are a $50 billion dollar industry, according to the NPD group, and scented candles are growing at a rate of 18% a year. Much of this growth is driven by millennials, who spend twice as much on self-care rituals as boomers. Today, a startup called Otherland hits the market with aspirations to be the Warby ...

- Fast Company - US

After Europe's Gas Market Disasters, LNG May Come to the Rescue

After all the craziness in Europe's gas markets this week, some relief supplies may already be on their way from deep in the Russian Arctic.

- Rigzone.com - US

EU toughens Brexit stance following 'unacceptable' comments: Verhofstadt

The EU has hardened its position on Brexit trade talks after unacceptable comments by a British minister that risk undermining negotiations, the European Parliament's Brexit coordinator Guy Verhofstadt said Tuesday.

- The Daily Star - LB

nib to grow market share under new whitelabel health deal

nib New Zealand has further strengthened its whitelabelling capabilities joining forces with Fairfax Media New Zealand to launch a new health insurance brand in the New Zealand market - Done . Under the relationship, New Zealanders will ...

- Scoop NZ - NZ

Stockholm mayor: Cohesion policy is strongest form of EU solidarity

Stockholm produces more billion dollar companies than any other place outside Silicon Valley and the European Commission recently proclaimed it Europe's most innovative region. Mayor Karin Wanngård explained how her city hangs onto its talent and why it is such a popular breeding ground for 'unicorns'.

- EurActive - UK

Unions across Europe want a Brexit deal to work for working people

This week's European Council summit looks certain to give the green light to the EU to open negotiations on a new relationship with the UK. Frances O'Grady and Luca Visentini explain what trade unions in the EU and the UK want from the future deal.

- EurActive - UK

Commission finally tables mandate for post-Cotonou negotiations

The European Commission presented on Tuesday a recommendation to the Council including a long-awaited proposal for how to proceed in new trade negotiations with the countries of Africa, Caribbean, and Pacific Group of States .

- EurActive - UK

Broadcasting rules bring new dramatic twist to digital single market talks

A rumble in the European Parliament has added a dramatic twist to frantic negotiations over the EU's flagship digital single market proposals.

- EurActive - UK

BlackRock's $1.7 trillion bond chief says don't fear the Fed

Bloomberg TV Rick Rieder, who oversees $1.7 trillion as the global chief investment officer of fixed income at BlackRock, says market fears over Federal Reserve tightening are overblown. He thinks that central banks are "maniacally focused" on not stirring up volatility. As recently as two months ago, uncertainty around ...

- Business Insider - US

We drove the BMW X1 and the Buick Encore to see which was a better small SUV — here's the verdict

Matthew DeBord/BI The BMW X1 is the ultimate driving cute ute. The Buick Encore has been selling like hotcakes. The bimmer is a decent luxury performer, but we preferred the Buick Crossover SUVs are the hottest segment in the car business right now, and an especially appealing subset of the segment is small utility ...

- Business Insider - US

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