Tag: Stock Market

Trade Talks – China Urges U.S. To Respect Its Right To Develop And Prosper

The world’s two largest economies began their latest round of trade talks this week to resolve a bitter dispute in which each has levied tariffs on imports from the other.

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Chinese And U.S. Negotiators Are Seeking To Narrow The Still-Substantial Gap Between The Concessions China Is Willing To Offer And What The Trump Administration Will Accept

Today’s Stock Market News - U.S.-China Trade Deal

Beijing so far has remained reluctant to give ground on issues it sees as crucial to maintaining the Communist Party’s rule. Those include eliminating government subsidies to state-owned companies and other policies that underpin its state-led economic model. Washington sees such steps as essential to level the playing field for American businesses operating in the world’s second-largest economy.

Morgan Stanley Will Pay $900 Million To Acquire Solium Capital Inc. The Deal Is The Bank’s Largest Acquisition Since The Financial Crisis

Today’s Stock Market News – Morgan Stanley acquire Solium Capital Inc.

Solium’s 3,000 corporate clients employ 1 million workers and include startups such as Stripe Inc. and Instacart Inc., whose employees tend to be younger and have fewer relationships with traditional financial firms. Morgan Stanley said the acquisition wouldn’t have a meaningful impact on its 2019 earnings or reduce its planned stock buybacks.