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Markets

Trump says he will make a decision on auto tariffs soon

U.S. President Donald Trump on Wednesday said he had been briefed by his administration on the issue of whether to impose tariffs on car and auto part imports into the United States and would make a decision fairly soon.

Markets

Touting membership cards, Trump steps up anti-impeachment Facebook ads

President Donald Trump's re-election campaign is ramping up a Facebook ad blitz against efforts to impeach him, buying more ads on the topic in recent weeks than all the Democratic White House candidates combined.

Markets

Brexit drove Tesla to pick Berlin over Britain for new factory: report

Britain missed its chance to host the first European factory of U.S. electric vehicle pioneer Tesla because of Brexit, Chief Executive Elon Musk said in remarks reported on Wednesday.

Markets

Oil is our gold and we aim to use all of it, ADNOC official says

Abu Dhabi National Oil Co aims to exhaust its vast oil and gas reserves even as many consumers switch to cleaner sources of energy, a senior executive in the Gulf oil company said.

Markets

London forex trader accuses Citigroup of unfair dismissal

A former top Citigroup trader, who was fired in 2014 but acquitted of foreign exchange-rigging charges after a trial in New York, told a London employment tribunal he was unfairly dismissed despite being in the "eye of the storm" at the time.

Markets

Rising healthcare costs power US consumer inflation

U.S. consumer prices jumped by the most in seven months in October, which together with abating fears of a recession, support the Federal Reserve's signal for no further interest rate cuts in the near term.

Markets

Biotech-for-hire PeptiDream charts new path and becomes short target

The promise of PeptiDream Inc's drug-discovery technology and its lucrative research-for-hire contracts have made it a darling of the Tokyo stock market. Now, those gains have made it a target for short-seller Muddy Waters.

Markets

Singapore’s EDBI gives financial solutions firm Pico’s regional push a leg up

SINGAPORE Economic Development Board's investment arm EDBI has invested an undisclosed sum in financial solutions provider Pico.

Markets

US consumer prices increase more than expected in October

U.S. consumer prices rebounded more than expected in October and underlying inflation picked up, which together with abating trade tensions and fears of a recession, support the Federal Reserve's signal for no further interest rate cuts in the near term.

Markets

Futures fall as Trump speech clouds trade deal hopes

U.S. stock index futures fell on Wednesday, a day after the S&P 500 and Nasdaq hit new record highs, as a lack of clarity on U.S.-China trade relations from President Donald Trump and escalating tensions in Hong Kong dampened risk appetite.

Markets

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