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China launches $11 billion fund for Central, Eastern Europe

November 7, 2016 by · Leave a Comment 

China has set up a 10 billion euro ($11.15 billion) investment fund to finance projects in Central and Eastern Europe, Industrial and Commercial Bank of China said in a statement issued on Sunday. The China-Central Eastern Europe fund will

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China launches $11 billion fund for Central, Eastern Europe

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Mexico peso jumps after FBI clears Clinton over emails ahead of election

November 7, 2016 by · Leave a Comment 

Mexico's peso jumped on Sunday after the FBI announced it stood by a previous decision to not charge Democratic candidate Hillary Clinton over emails related to her private server, a decision that comes just two days before the election. The peso , which has been hit by the rise of Republican candidate Donald Trump and his policies that are seen hurting Mexico's economy, extended gains to rise 2.25 percent…

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Mexico peso jumps after FBI clears Clinton over emails ahead of election

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Transcripts of Clinton’s Wall Street talks released in new Wikileaks dump

October 16, 2016 by · Leave a Comment 

The documents showed comments by Clinton during question-and-answer sessions with Goldman Sachs Chief Executive Lloyd Blankfein and Tim O'Neill, the bank's head of investment management, at three separate events in 2013 in Arizona, New York and South Carolina. Some excerpts of Clinton's speeches had already been released.

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Transcripts of Clinton’s Wall Street talks released in new Wikileaks dump

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Clinton expected to hit Wells Fargo in speech on ‘bad corporate actors’

October 3, 2016 by · Leave a Comment 

By Amanda Becker WHITE PLAINS, N.Y. (Reuters) – U.S. presidential candidate Hillary Clinton on Monday will unveil a plan to make it easier for consumers to take legal action against “bad corporate actors,” citing Wells Fargo & Co and Mylan Pharmaceuticals, according to a campaign official. While campaigning in Ohio, the Democratic nominee will explain how she would…

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Clinton expected to hit Wells Fargo in speech on ‘bad corporate actors’

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China’s Anbang abandons $14 billion bid to buy Starwood Hotels

April 1, 2016 by · Leave a Comment 

China's Anbang Insurance Group Co said on Thursday it has abandoned its $14 billion bid for Starwood Hotels & Resorts Worldwide Inc , paving the way for Marriott International Inc to buy the Sheraton and Westin hotels operator. The surprise withdrawal marks an anticlimactic end to a bidding war that had pitted Marriott's ambitions to create the world's largest lodging company, with about 5,700 hotels, against Anbang's drive to create a vast portfolio of U.S. real estate assets. It also represents a blow…

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China’s Anbang abandons $14 billion bid to buy Starwood Hotels

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Hillary Clinton to propose $10 billion manufacturing investment

April 1, 2016 by · Leave a Comment 

By Alana Wise WASHINGTON (Reuters) – Democratic presidential candidate Hillary Clinton on Friday will propose a $10 billion investment in partnerships to encourage the growth of the U.S. manufacturing sector as part of a national push to discourage outsourcing in the industry. Clinton is slated to roll out the proposal on Friday in Syracuse, New York, ahead of the state's nominating contest on April 19. New York has long been a

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Hillary Clinton to propose $10 billion manufacturing investment

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Warren Buffett defends 3G, touts economy in record year for Berkshire

February 28, 2016 by · Leave a Comment 

Warren Buffett on Saturday used his annual letter to Berkshire Hathaway Inc shareholders to launch vigorous defenses of an aggressive private equity partner and a maligned mobile home unit, as his…

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Warren Buffett defends 3G, touts economy in record year for Berkshire

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Smirking Shkreli refuses lawmakers’ questions, calls them ‘imbeciles’

February 4, 2016 by · Leave a Comment 

By Sarah N. Lynch and David Ingram WASHINGTON/NEW YORK (Reuters) – Former drug executive Martin Shkreli smirked and brushed off questions about drug prices then tweeted that lawmakers were imbeciles on Thursday, when he appeared at a U.S. congressional hearing against his will. Shkreli, 32, sparked outrage last year among patients, medical societies and Democratic presidential front-runner Hillary Clinton after his company, Turing Pharmaceuticals, raised the price of the drug Daraprim by more than 5,000 percent to $750 a pill. At a hearing of the U.S. House…

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Smirking Shkreli refuses lawmakers’ questions, calls them ‘imbeciles’