Asset Managers Highlights
Crypto Exchange Says It Can't Repay $190 Million to Clients After Founder Dies With Only Password
February 04, 2019
Source: Gizmodo - Canadian crypto exchange QuadrigaCX says it cannot repay most of $190 million in client holdings after its 30-year-old founder Gerald Cotten, the only person who knew the passwords to its “cold storage,” unexpectedly died in...
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February 04, 2019 Source: Gizmodo - Canadian crypto exchange QuadrigaCX says it cannot repay most of $190 million in client holdings after its 30-year-old founder Gerald Cotten, the only person who knew the passwords to its “cold storage,” unexpectedly died in...
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GM to begin laying off 4,000 workers Monday: report
February 04, 2019
Source: The Hill - General Motors will begin laying off 4,000 salaried workers on Monday, according to CNN.
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February 04, 2019
Source: The Hill - General Motors will begin laying off 4,000 salaried workers on Monday, according to CNN.
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From corn to Apple: The cases behind the US-China standoff
February 01, 2019
Source: AP News - WASHINGTON (AP) — The Trump administration’s case against Beijing is blunt: The Chinese have gone on a commercial crime spree, pilfering trade secrets from seed corn to electronic brains behind wind turbines. China has stripped...
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February 01, 2019 Source: AP News - WASHINGTON (AP) — The Trump administration’s case against Beijing is blunt: The Chinese have gone on a commercial crime spree, pilfering trade secrets from seed corn to electronic brains behind wind turbines. China has stripped...
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Amazon stock drops sharply during earnings call after company warns of increased investments
February 01, 2019
Source: CNBC - general concerns about slowing growth and heavier investments in 2019 dragged the stock down in after hours trading.
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February 01, 2019 Source: CNBC - general concerns about slowing growth and heavier investments in 2019 dragged the stock down in after hours trading.
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Bad start continues for China economy as private data shows manufacturing activity weakest since 2016
February 01, 2019
Source: South China Morning Post - China’s factory activity contracted for a second consecutive month in January, with the pace of the downturn picking up speed, due in large part to the effects from the ongoing trade war with the United States.
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February 01, 2019 Source: South China Morning Post - China’s factory activity contracted for a second consecutive month in January, with the pace of the downturn picking up speed, due in large part to the effects from the ongoing trade war with the United States.
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US-China Trade Talks Could Reach ‘Biggest Deal Ever’ Soon, Says Trump
February 01, 2019 Associated Profiles : Business & Human Rights Resource Centre
Source: International Business Times - The trade talks between the U.S. and China are sending positive signals. Chances of a mini deal were evident in the words of President Donald Trump who declared that he was looking forward to sealing a comprehensive trade deal...
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February 01, 2019 Associated Profiles : Business & Human Rights Resource Centre Source: International Business Times - The trade talks between the U.S. and China are sending positive signals. Chances of a mini deal were evident in the words of President Donald Trump who declared that he was looking forward to sealing a comprehensive trade deal...
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Here is what the stock market’s monster January rally means for February
February 01, 2019
Source: MarketWatch - February is generally not a banner month for stocks, but this year it could deliver better-than-usual returns, thanks in part to the tailwind from a monster rally in January.
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February 01, 2019 Source: MarketWatch - February is generally not a banner month for stocks, but this year it could deliver better-than-usual returns, thanks in part to the tailwind from a monster rally in January.
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America Is Producing the Wrong Kind of Oil
February 01, 2019
Source: Bloomberg - The shale boom has created a world awash with crude, putting a lid on prices and markedly reducing U.S. dependence on imported energy. But there’s a growing problem: America is producing the wrong kind of oil.
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February 01, 2019 Source: Bloomberg - The shale boom has created a world awash with crude, putting a lid on prices and markedly reducing U.S. dependence on imported energy. But there’s a growing problem: America is producing the wrong kind of oil.
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Tesla is betting big on China, and here’s what Elon Musk had to say about it
February 01, 2019
Source: CNBC - To tap into a growing market for electric vehicles in China, Tesla is betting big on the region -- and executives talked up the company’s efforts there on an earnings call this week.
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February 01, 2019 Source: CNBC - To tap into a growing market for electric vehicles in China, Tesla is betting big on the region -- and executives talked up the company’s efforts there on an earnings call this week.
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US, China resume trade talks with a chill in the air
January 31, 2019 Associated Profiles : Council on Foreign Relations
Source: Yahoo News - "The danger here is that other countries will conclude Trump is a paper tiger," said Edward Alden, senior fellow at the Council on Foreign Relations. "He blusters and takes very strong public positions, puts himself in situations...
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January 31, 2019 Associated Profiles : Council on Foreign Relations Source: Yahoo News - "The danger here is that other countries will conclude Trump is a paper tiger," said Edward Alden, senior fellow at the Council on Foreign Relations. "He blusters and takes very strong public positions, puts himself in situations...
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