Ace Worldwide News Group 14:50 on February 3, 2017

#AFNews – ECB calls for national bad banks to help buy unpaid loans Reuters reported on Friday – #AceNewsDesk – @AceFinanceNews

#AceFinanceNews – Feb.03: The European Central Bank’s Vice President called on Friday for the creation of government-backed bad banks to help soak up some of the euro zone’s 1 trillion euros pile of unpaid loans stemming from the financial crisis – #AceNewsDesk reports

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PayPal Holdings Inc has agreed to acquire fraud prevention technology company Simility for $120 million in cash, it said on Thursday #AceFinanceDesk reports June 22, 2018
#AceFinanceReport – June.22: Palo Alto, California-based Simility sells machine-learning-based technology to help online merchants spot fraudsters and improve risk management: PayPal plans to make Simility’s services available to its merchants following the close of the transaction, which is expected by the end of the third quarter, it said #AceFinanceDesk r […]
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(BRUSSELS) JUST IN: The European Commission approves $3.2 billion in retaliatory tariffs on US exports: The penalties on products including motorcycles and denim will go into effect Friday #AceFinanceDesk reports June 20, 2018
#AceFinanceNews – June.20: The European Commission announced Wednesday that it had approved initial retaliatory tariffs on US exports worth €2.8 billion ($3.2 billion): The tariffs will hit American products including motorcycles, orange juice, bourbon, peanut butter, motor boats, cigarettes and denim. They are a response to the Trump administration’s tariff […]
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(BRUSSELS) EU-Franco-German Deal: The European Commission welcomed on Wednesday a joint position of the euro zone’s two biggest countries — Germany and France — on the key elements of deeper euro zone integration calling it a crucial step for reaching an overall agreement #AceNewsDesk reports June 20, 2018
#AceFinanceNews – June.20: “ l think the agreement yesterday between President Macron and Chancellor Merkel represents a crucial political step toward an agreement,” European Commissioner for Economic and Financial Affairs Pierre Moscovici told a news conference “Experience shows that even if an agreement between France and Germany is not enough for an final […]
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(WASHINGTON) The Dow opens down 325 points on Tuesday after Donald Trump threatens to slap tariffs on an additional $200 billion worth of Chinese goods which the US government says is punishment for intellectual property theft and will be enacted in two waves: More than 800 exports, about $34 billion worth, will be subject to tariffs starting July 6. Another 280 or so still need to undergo a public comment period, and will take effect later #AceFinanceDesk reports June 20, 2018
#AceFinanceNews – June.20: President Donald Trump just raised the stakes in the fight with China over trade: The White House said Monday evening that if China goes through with its promise to retaliate against the US tariffs announced last week, the United States will impose tariffs on an additional $200 billion worth of Chinese goods […]
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(WASHINGTON) Despite opposition from the US Congress, Turkey is set to receive its first F-35 Joint Strike Fighters on Thursday during a ceremony in Fort Worth, Texas, the Pentagon said Tuesday as Lockheed Martin will hold a rollout ceremony and the two jets will follow-on to Luke Air Force Base in Arizona at a later date,” Pentagon spokesman Lt. Col. Mike Andrews told CNN #AceFinanceDesk reports June 20, 2018
#AceFinanceNews – June.20: “Turkish F-35 pilots and maintainers have arrived at Luke Air Force Base and will begin flight academics soon,” he added: Although Turkey has long been a participant in the development of the F-35 program, the US Senate had sought to block Turkey from receiving the stealth warplanes through language in the National […]
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(PHONM-PENH, Cambodia.) A Cambodian defense official says China has agreed to provide more than $100 million in military aid to the Southeast Asian nation, a close political ally #AceFinanceDesk reports June 19, 2018
#AceFinanceNews – June.19: Defence Ministry spokesman Gen. Chhum Socheat said Tuesday that the aid for training, exercise and equipment was agreed upon over the weekend in a meeting between visiting Chinese Defense Minister Wei Fenghe and his Cambodian counterpart Tea Banh. Wei on Monday also met with Prime Minister Hun Sen: Wei’s five-day trip was […]
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(WASHINGTON) JUST IN: $50 billion in tariffs could be placed on Chinese products as Trump has approved moving forward with the potential new trade policy, a source has told CNN after a meeting Thursday with top economic officials, including Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross and US Trade Representative Robert Lighthizer #AceFinanceDesk reports June 15, 2018
#AceFinanceReport – June.15: President Donald Trump has given his approval for the United States to put tariffs on $50 billion of Chinese exports, according to a source with knowledge of the situation: An official announcement is expected on Friday…………The president’s green light came after a meeting Thursday with top economic officials, including Treasury Se […]
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(BERLIN, Germany.) German lawmakers approved on Wednesday a $600 million military deal to lease several Heron TP drones manufactured by Israel Aerospace Industries (IAI), part of a deal with Israel estimated at roughly a billion dollars #AceFinanceDesk reports June 14, 2018
#AceFinanceReport – June.14: IAI confirmed the agreement was signed with Airbus to lease the company’s Heron TP Medium Altitude Long Endurance (MALE) RPASs (remotely piloted air vehicle system) to Germany’s Federal Ministry of Defence pending approval of the German federal budget, which is expected in the second half of 2018 #AceFinanceDesk reports Under the […]
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MARKETS: #US Markets lose ground after Fed signals faster rate hikes. Dow falls 120 points, or 0.4%. Nasdaq ekes out record high. Media stocks jump after AT&T wins Time Warner court ruling. 21st Century Fox leaps 8% and CBS jumps 4%. #AceFinanceDesk reports June 14, 2018
#AFNews – 14/06/18: Markets lose ground after Fed signals faster rate hikes. Dow falls 120 points, or 0.4%. Nasdaq ekes out record high………….Media stocks jump after AT&T wins Time Warner court ruling. 21st Century Fox leaps 8% and CBS jumps 4%. https://cnnmon.ie/2sSJ43Y #AceFinanceDesk reports Editor says #AceNewsDesk reports & #Brittius says are prov […]
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(WASHINGTON) JUST IN: Federal Reserve raises interest rates for second time this year by a quarter of a percentage point and more are on the way with policy makers promising at least three more this year #AceFinanceDesk reports June 13, 2018
#AceFinanceReport – June.13: The Federal Reserve on Wednesday lifted its benchmark rate by a quarter of a percentage point, the second hike this year: And a majority of policy makers now expect a total of four interest rate increases this year. Fed officials had been split about whether to raise rates three times this year […]
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#AFNews – ECB calls for national bad banks to help buy unpaid loans Reuters reported on Friday – #AceNewsDesk – @AceFinanceNews

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