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March 18, 2017 by: Harriet Agnew in Paris and Reuters A man who was shot dead by security forces after he seized a soldier’s gun at Paris Orly airport on Saturday morning was known to police and intelligence sources, the French interior minister has said. The antiterrorism prosecutor has... Read more
The Wall Street Journal: G-20 grapples with differences on trade
Reuters Europe wants to keep G-20 language rejecting protectionism but the U.S. wants reciprocal treatment or fair trade. BADEN-BADEN, Germany—World finance chiefs clashed Friday over the future of global trade, worried that protectionist tendencies could tilt the global economy back into the doldrums and stir up cross-border tensions.... Read more
March 17, 2017 by: Jamie Smyth in Sydney The main lenders to Slater & Gordon, the struggling Australian law firm with operations in the UK, have sold 94 per cent of their loans at heavy losses to a consortium of distressed debt investors that plans to restructure the business. ... Read more
Deep Dive: Need income? These investments are great places to park your money right now
Pipeline-partnership stocks, which pay outsized dividends, are poised to extend their gains as analysts say demand for oil will strengthen for a third straight year. Two managers of closed-end energy limited partnership funds agree that the partnerships still have room to run even after a big recovery over the... Read more
The White House will propose large spending cuts on Thursday for the state department, public broadcasting and environmental programmes as part of its preliminary budget for the 2018 fiscal year. Administration aides call it an “America First” budget — with greater spending on defence, law enforcement and veteran affairs,... Read more
In One Chart: This is why baby boomers are divorcing at a stunning rate
Looking ahead to the next phase of life can seem pretty dreadful if you can’t stand the person who you’ll be spending it with. That may be what some boomers are facing. Among U.S. adults ages 50 and older, the divorce rate has roughly doubled since the 1990s, according... Read more
Theresa May has crushed parliamentary resistance to Brexit after MPs and peers gave her a free hand to start exit negotiations, but Downing Street was left with a new dilemma over Scottish independence. Mrs May easily secured the passage of the bill allowing her to start Brexit negotiations late... Read more
Short seller Citron ‘scratching our heads’ at Mobileye’s buyout by Intel
Famed short seller Andrew Left’s Citron Research expressed bewilderment at Intel Corp.’s decision to buy Mobileye NV, and by the price it was paying for the driverless car technology company. Citron, which once referred to Mobileye as “the most outrageously overpriced, overhyped semiconductor stock ever,” said in a statement... Read more
Stuart Gulliver has told the HSBC board he will quit as chief executive next year, making the search for his successor a priority for Mark Tucker, who has decided to leave Asian insurer AIA to become the bank’s chairman. The appointment of Mr Tucker was announced before the Hong Kong... Read more
Therese Poletti's Tech Tales: Snap judgments: Why so much negative sentiment surrounds year’s hottest IPO
Michael Nagle/Bloomberg Snap Inc. co-founders Bobby Murphy, the company’s chief technology officer, Evan Spiegel, Snap’s CEO, are joined by Tom Farley, president of the NYSE Group, as their company rings in life as a public company on March 2. The Snap Inc. thrill has faded as quickly as... Read more