Ace Worldwide News Group 23:02 on July 11, 2016

MARKETS: European stocks finish with strong gains after the S&P 500 index hits new high at the US opening; Stoxx 600 rises 1.6% – CNBC – @AceFinanceNews

#AceFinanceNews – July.11: S&P 500 closes at all-time high as US markets cheer Japanese election – CNBC – http://cnb.cx/29KPB6u

European stocks finish with strong gains after the S&P 500 index hits new high at the US opening; Stoxx 600 rises 1.6% – CNBC

http://cnb.cx/29JIf3k

The S&P 500’s record close on Monday is a reflection, reports the Wall Street Journal, that US equities are seen as a global safe haven. The index closed at 2,137.16, topping its previous closing high of 2,130.82, set May 21, 2015

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FINLAND: Microsoft confirms it will close its mobile phone unit cutting 1,350 jobs due to failure of their acquisition of Nokia handset business – @AceFinanceNews

#AceFinanceNews – July.11: Microsoft confirms it will close its mobile phone unit in Finland, cutting 1,350 jobs.

The US software giant paid $7.2bn (£5.5bn) for Nokia’s handset business in 2014, but failed to make a success of new devices.

In May, Windows-powered smartphones accounted for fewer than 1% of global smartphone sales.

One industry analyst suggested the firm was too late to the market.

http://bbc.in/29KftPS

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Ace Worldwide News Group 13:56 on July 11, 2016

MARKETS: #BREXIT BOOM: FTSE 100 reaches 11-month high despite doom-mongering Project Fear claims by Cameron or was it planned that way ? – @AceFinanceNews

#AceFinanceNews – July.11: BREXIT BOOM: FTSE 100 reaches 11-month high despite doom-mongering Project Fear claims

BRITAIN’S financial markets continue to rally despite David Cameron’s scaremongering claims of financial chaos in the event of #Brexit.

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JUST IN: Trumps #MAGA Economy ADDS a strong 201,000 jobs in August, and the unemployment rate remained near historical lows at 3.9% Ave earnings GREW 2.9% in the strongest rate since 2009 #AceFinanceDesk reports September 7, 2018
#AceFinanceReport – Sept.07: The unemployment rate stayed at 3.9%, near historical lows, the Labor Department reported #AceNewsDesk reports Average hourly earnings grew 2.9% compared with a year ago, the strongest rate since 2009. That number is not adjusted for inflation, which has been rising in recent months and eating into workers’ paychecks. And it’s lo […]
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(BEIJING, China.) Ready to retaliate with $60-billion targeted list if Donald Trump goes ahead with his proposed 25% tariff hike on $200-billion Chinese goods this week a spokesman said on Thursday #AceFinanceDesk reports September 6, 2018
#AceFinanceReport – Sept.06: China is ready to retaliate if U.S. President Donald Trump goes ahead with a tariff hike on Chinese goods and is confident it can maintain “steady and healthy” economic growth, a government spokesman said Thursday.The Trump administration is poised to impose 25% penalties this week on $200 billion of Chinese goods in […]
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(WASHINGTON) In latest the US unveiled a list of roughly $16 billion worth of imports from China that will be hit with 25% tariffs, in the the latest escalation in the trade war between the two countries which will take effect from Aug.23: As the markets Dow closes up 127 points, S&P 500 and Nasdaq up 0.3% apiece #AceFinanceDesk reports August 8, 2018
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MARKETS: Trade War: U.S. Stocks opened flat Friday morning after US unemployment fell to 3.9% in July, the American economy added 157,000 jobs and China announced plans to impose tariffs on $60 billion worth of US imports listing 5,207 products with duties as high as 25% if Trump applies his to $200-billion of Chinese goods #AceFinanceDesk reports August 3, 2018
#AceFinanceReport – Aug.03: China has announced plans to put up tariffs on products worth $60-billion Chinese government said Friday that it would impose duties of 25%, 20%, 10% and 5% on the products if the Trump administration follows through on threats to tax $200 billion of Chinese goods #AceFinanceDesk reports “In violation of the bilateral […]
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MARKETS: Apples market valuation surged past the $1 trillion point on Thursday, the first time in history a company has reached that level: But Apple’s Stocks app mistakenly labelled its creator as the world’ s first trillion-dollar company and was not added to the Stocks app: That meant that a small surge in Apple’ s shares showed the company as being worth $1 trillion when it was not #AceFinanceDesk reports August 3, 2018
#AceFinanceReport – Aug.03: Editor says a great way to get people to buy tech shares but things are not what they seem in this world: On the face of it the announcement Apple shares surged 2.5 per cent in the afternoon but then fell back, taking the valuation back to $988bn: The share price closed […]
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(LONDON) PPI Claims: Costs Barclays their ‘ Profits ‘ Lender paid £1.4bn to settle with US department of justice over its involvement in mis-selling mortgage-backed securities in the run up to th e financial crisis in 2008 leading to a drop in the first half of 2017 of 29% (£2.34-billion) but will off course write-it-off as a bad debt against taxes #AceFinanceDesk reports August 2, 2018
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JUST IN: Around 5 million British households are set for lower energy bills this winter after parliament approved a law on gas and electricity tariff price caps, energy regulator Ofgem said on Thursday #AceFinanceDesk reports July 19, 2018
#AFNews – 19/07/18: Ofgem is now required to cap prices on Standard Variable Tariffs offered by the six dominant energy providers for households using gas and electricity which studies have shown were far higher than other tariffs on offer: “The cap will tackle the amount consumers have been overpaying … which the Competition and Markets […]
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(SEOUL, S.K.) JUST IN: Samsung said on Monday its opening the ‘ Worlds Largest Mobile Phone Factory ‘ in India according to a report #AceFinanceDesk reports July 9, 2018
#AceFinanceReport – July.09: Samsung said on Monday that it is opening what it said is the world’s biggest mobile phone manufacturing facility as the South Korean giant seeks to expand production in the world’s fastest growing mobile phone market from a report #AceFinanceDesk reports The new Samsung factory will have the capacity of 120 million […]
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(BEIJING, China.) JUST IN: ITS THE BIGGEST TRADE WAR IN HISTORY: After Trump administration 25% affect 800-Chinese products that include industrial machinery, medical devices and auto parts that began just after midnight on Thursday Chinese Foreign Ministry has said #AceFinanceDesk reports July 6, 2018
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(WASHINGTON) The proposed “United States Fair and Reciprocal Trade Act” would give the Donal d Trump unilateral power to renegotiate with individual countries or apply tariffs, bypassing international WTO rules for collective negotiation according Axios who published the leaked draft but this is just the beg inning of renegotiating trade agreements #AceFinanceDesk reports July 3, 2018
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Daily Archives: July 11, 2016

MARKETS: European stocks finish with strong gains after the S&P 500 index hits new high at the US opening; Stoxx 600 rises 1.6% – CNBC – @AceFinanceNews

FINLAND: Microsoft confirms it will close its mobile phone unit cutting 1,350 jobs due to failure of their acquisition of Nokia handset business – @AceFinanceNews

MARKETS: #BREXIT BOOM: FTSE 100 reaches 11-month high despite doom-mongering Project Fear claims by Cameron or was it planned that way ? – @AceFinanceNews

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