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The US Election Isn’t Rigged or Fair: Leonid Bershidsky

Donald Trump's claim of election rigging may be just the desperate excuse of an almost-beaten contender for the U.S. presidency...

World News

Apple Hires Carnegie Mellon AI Academic to Push Machine Learning

Apple Inc. hired a prominent artificial intelligence researcher from Carnegie Mellon University as it seeks to regain lost ground against competitors such as Google, Microsoft Corp. and Amazon.com Inc. in machine learning

Industry News

Russia’s Mega India Oil Deal with Essar Oil Takes Turf War to Mideast Backyard

A $13 billion deal involving Russia in India, with Essar Oil, threatens to weaken the grip of Middle East crude suppliers in the world’s fastest growing oil market.

Industry News

Will Rupee strengthen or weaken? Analysts split

The Indian rupee’s top two forecasters are at odds as to how vulnerable the world’s fastest-growing major economy is to outside shocks.

Economy News

World’s biggest central banks assets jump fastest in 5 years to $21 trillion

The world’s biggest central banks are bulking up their balance sheets this year at the fastest pace since 2011’s European debt crisis to boost lackluster economic recoveries with asset purchases that are supporting stock

Banking & Finance News

S&P warns China, reduce debt or we will downgrade your sovereign ratings

China has been issued another yellow card. In a report released last week, S&P Global Ratings warned that China is at risk of losing its AA-status if it doesn't rein in its debt-fueled economic growth.

World News

How Russia’s Rosneft outsmarted Saudi Arabia and Iran to buy Essar’s Vadinar refinery

A $13 billion deal involving Russia in India threatens to weaken the grip of Middle East crude suppliers in the world’s fastest growing oil market.

Economy News

Morgan Stanley ends bearish bet on break-even rates after Janet Yellen

Morgan Stanley is abandoning a prediction that U.S. break-even rates will fall as the outlook for prices in the world’s biggest economy surge to the highest levels in five months.

World News

Deutsche Bank is said to explore shrinking its US operations

Deutsche Bank AG, Germany’s biggest bank, is exploring shrinking its U.S. operations as mounting legal expenses threaten to eat into the firm’s capital, according to two people with knowledge of the matter

World News

Humiliated stock picker Hideto Fujino who sold his firm for $31 is back on top

As clients fled during the global financial crisis, Fujino was forced to unload his stake in Rheos Capital Works Inc., give up his role as president and go back to being an employee for the first time in almost six years.

Markets News

The next recession is inevitable. Big deal: Barry Ritholtz

In a Wall Street Journal survey, a group of economists “put the odds of the next downturn happening within the next four years at nearly 60 percent.” Oh no.

World News

Long-term economic forecasts aren’t worth much

Never mind the Wall Street Journal’s grim economic tidings: Barry Ritholtz says predictions of an economic slowdown in the next four years are a waste of print and pixels.

Economy News

Russia’s OPEC bear hug may not last, as history shows: Gadfly

Beware the friendly Russian bear. While the world's biggest oil exporter has offered growls of support for a hard-won OPEC accord to cut output, that will probably amount to no more than mere noise.

India News

Theresa May to take small businesses on trade visit to India in november

Theresa May will take small-business representatives with her when she travels to India in November for what will be her first trade mission since becoming U.K. prime minister.

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Donald Trump spends heavily on direct mail to win mom-and-pop donors

Donald Trump has been spending heavily on direct-mail marketing to win the millions of small donations supporting his presidential campaign, new disclosures show.

World News

Hillary Clinton raised $295 mn in third quarter for joint committee

Hillary Clinton pulled in $295 million in the third quarter through a joint fundraising committee with the Democratic party, adding to her financial advantage over Donald Trump heading into the final weeks of the campaign.

World News

Hillary Clinton campaign compares e-mail hacking episode to Watergate

Hillary Clinton’s campaign is stepping up its criticism of Donald Trump and the hacking of its campaign e-mails...

World News

Air Passengers With Samsung Note 7 Phones Face Fines in US

Airline passengers who try to carry Samsung Electronics Co. Note 7 smartphones on flights will have them confiscated and may face fines under an emergency U.S. order that significantly expands restrictions on the devices link

Industry News

Donald Trump goes on offensive against sexual misconduct allegations

Donald Trump pushed back aggressively against what he called “phony” accusations of inappropriate sexual conduct leveled by several women, two more of whom came forward on Friday.

World News

These 13 top global nightclubs are too cool for bottle service

Clubs such as 1Oak, which has reigned as one of New York’s most sought-after clubs for years, have mastered this formula over time.

Lifestyle News

US Fed chair Janet Yellen sees ‘plausible ways’ hot economy could heal growth

Federal Reserve Chair Janet Yellen said there are “plausible ways” that running the U.S. economy hot could fix damage caused by the Great Recession.

Economy News

Samsung Note 7 phones said to be banned on US Airlines

All Samsung Electronics Co. Note 7 smartphones will be banned from airline flights by the U.S. government, according to a person familiar with the decision that will be a significant expansion of restrictions.

Industry News

Blackstone, GIC shortlisted to buy 40% stake in DLF Rental Assets

Blackstone Group LP and Singapore sovereign fund GIC Pte were shortlisted to purchase a 40 percent stake in the rental property arm of DLF Ltd., India’s largest listed developer, people with knowledge of the matter said.

Industry News

Complaints about iPhone 7 reception stir on Chinese social media after Samsung’s Galaxy Note 7 disaster

Complaints about call connection problems with Apple Inc.’s iPhone 7 models are spreading across social media in China just weeks after the devices were released.

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This Chinese Chemistry experiment may burn investors: Sources

The much-touted reform of state-owned companies in China is really happening. Before investors celebrate, however, they should take a look at their portfolios. Anyone holding bonds of one of the companies targeted may have re

Markets News

With $23 bn in loans, China boosts regional ties with milestone Xi Jinping visit to Bangladesh

China is expected to sign off on more than $23 billion in loans to Bangladesh to fund a series of large-scale infrastructure projects, as President Xi Jinping starts his visit to Dhaka Friday.

World News

Woes at giants Samsung, Hyundai weigh on South Korean exports

It was not too long ago when South Korea’s two biggest conglomerates -- Samsung Group and Hyundai Motor Group -- were hailed as the country’s high-octane economic engines. Now they’re sources of concern as the nation’

Industry News
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