• What You Need to Know About the Historic Victory of Mexico's New Left-Wing President

    18 days ago - By Fortune

    Andres Manuel Lopez Obrador was elected as Mexico's first left-wing president in recent times, riding a public revolt against rampant crime, corruption and poverty and handing a crushing defeat to the business-friendly parties who've run the country for decades.
    The earliest figures announced by the electoral board gave Lopez Obrador 53% of the vote. Ricardo Anaya, leader of a right-left coalition, had about 22% and Jose Antonio Meade, the candidate of the incumbent PRI party, took 16%.
    Long before those official results began to emerge , exit polls had showed Lopez Obrador so far ahead of...
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  • 10 things you need to know in markets today

    18 days ago - By Business Insider

    Good morning! Here's what you need to know.
    1. Hundreds of Mexicans living in California drove for hours on Sunday to vote south of the border for Andres Manuel Lopez Obrador as president. They were persuaded by his pledges to stand up to US President Donald Trump and end graft and violence at home.
    2. Business confidence among Japan's big manufacturers worsened for a second straight quarter in the three months to June. The outlook is clouded by US trade protectionism and rising input costs.
    3. The euro slipped back in early Monday trade after German Chancellor Angela Merkel was dealt a...
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  • 10 things you need to know in markets today

    10 things you need to know in markets today

    18 days ago - By Business Insider

    Good morning! Here's what you need to know in markets on Monday.
    1. The Trump administration has reportedly drafted a bill that would abandon the US' commitment to the World Trade Organization's rules. Trump has recently been angling to withdraw the US from the WTO altogether - though Congress is unlikely to approve such a measure.
    2. Asian shares were subdued early Monday ahead of a week packed with major economic events, while the euro was briefly shaken by signs a German political deal on immigration might be in trouble. Japan's Nikkei closed down 2.29%, while China's Shanghai Composite...
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  • 10 things in tech you need to know today

    10 things in tech you need to know today

    18 days ago - By Business Insider

    Good morning! This is the tech news you need to know this Monday.
    1. Before startup Cohesity won $250 million of investment led by Softbank's Vision Fund, the founder had to pass muster with billionaire Masayoshi Son himself. It was a tense, whirlwind meeting at Son's California mansion, wedged into a six-hour layover.
    2. Amazon has poached 30 executives from Microsoft in the past 3 years. Microsoft is known for churning out quality employees, but many made the jump to Amazon with innovation and compensation likely to be among the deciding factors.
    3. Almost half of millennials say they...
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