• German industrial orders plunge most in 1-1/2 years

    2 monthes ago - By Reuters

    German industrial orders fell more than expected in June, posting their steepest monthly drop in nearly a year and a half, suggesting that trade tensions caused by U.S. President Donald Trump might curtail growth in Europe's largest economy. As Sonia Legg reports, German companies have been spooked by an escalating trade conflict between the United States and China as their tit-for-tat tariffs hit businesses in Germany.
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  • Facebook is now a major mobile browser in U.S., with 10%+ market share in many states

    2 monthes ago - By Tech Crunch

    Most of the data around web browser market share puts Google Chrome or Safari at the top - with their percentage of the market varying by platform and region. But new research from analytics provider Mixpanel finds that many sources are overlooking a major contributor of mobile web browser events here in the U.S.: Facebook.
    According the firm's new study involving millions of users and billions of events across its platform, Facebook has grown to become a significant browser on U.S. mobile devices. In some states, it's even accounting for a sizable number of mobile browser events - like...
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  • Facebook asks U.S. banks for financial info to boost user engagement: WSJ

    2 monthes ago - By Reuters

    Facebook Inc has asked large U.S. banks to share detailed financial information about their customers, as part of an effort to offer new services to users, The Wall Street Journal reported on Monday, citing people familiar with the matter.
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  • Oil gains after surprise drop in Saudi crude output

    2 monthes ago - By Reuters

    Oil rose on Monday after Saudi crude production unexpectedly fell in July and U.S. drilling appeared to slow, although the price is still almost 10 percent below its 2018 high of more than $80 a barrel.
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  • Russia Appoints Actor Steven Seagal to Help With U.S. Diplomatic Relations

    2 monthes ago - By Fortune

    The Russian Foreign Ministry has appointed actor Steven Seagal as a special representative to improve U.S.-Russian relations. In a Facebook post shared Saturday, the ministry said Seagal will work on relations “in the humanitarian sphere, including interaction in the sphere of culture, art, public and youth exchanges and so on.” The unpaid position was likened to that of a UN Goodwill Ambassador.
    Seagal, who became a Russian citizen in 2016, has long been a supporter of both Vladimir Putin and Donald Trump. He's reportedly a personal friend to Putin, occasionally appearing on Russian state...
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  • Jamie Dimon cautions the 10-year Treasury yield could hit 5%: 'It's a higher probability than most people think'

    2 monthes ago - By CNBC

    J.P. Morgan Chase chief Jamie Dimon says people should prepare for U.S. yields of 5 percent.
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  • Linde shares drop as Praxair merger hits U.S. antitrust hurdle

    2 monthes ago - By Reuters

    Shares in Linde dropped as much as 10 percent on Monday after the German industrial gases group's planned $86 billion merger with U.S. rival Praxair was thrown into doubt by more demands from U.S. antitrust regulators.
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