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News & Updates

September 19, 2017 Wisconsin approves $3bn deal for Foxconn factory

Source: BBC News

Wisconsin has approved a package of subsidies worth up to $3bn (£2.2bn) to Taiwanese manufacturing giant Foxconn in exchange for a new US factory.

September 19, 2017 Trudeau: Canada could stop dealing with Boeing over dispute

Source: Washington Post

TORONTO — Prime Minister Justin Trudeau said Monday his government could stop doing business with Boeing if the U.S. company doesn’t drop a trade complaint against Canadian plane maker Bombardier

September 19, 2017 Fed’s balance-sheet unwind will be moment of truth for financial markets

Source: MarketWatch

If investors have guessed correctly, the Federal Reserve will start reducing its $4.5 trillion portfolio of government securities after its two-day meeting finishes on Wednesday.

September 18, 2017 Cuomo Proposes Stricter Regulations for Credit Reporting Agencies

Source: NY Times

Gov. Andrew M. Cuomo, responding to the massive security breach at Equifax, will propose regulations on Monday that subject credit reporting agencies to the same rules as banks and insurances companies in order to protect...

September 18, 2017 EU rules Italian ban on GMO crop unlawful

Source: Reuters

Europe’s top court ruled on Wednesday that Italy had been wrong to ban cultivation of an EU-approved genetically modified (GMO) maize as it had failed to show there was a serious risk to public health or the environment.

September 18, 2017 3 things to watch at Janet Yellen's Fed meeting

Source: CNN

The Federal Reserve has four meetings left before Janet Yellen's four-year term as chair ends in February. One is this week.

September 18, 2017 Diesel Emissions Responsible for 5,000 Deaths Per Year in Europe Alone

Source: News 18

Emissions from diesel cars rigged to appear eco-friendly may be responsible for 5,000 air pollution deaths per year in Europe alone, according to a study published Monday.

September 15, 2017 How Trump Can Harness the U.S. Energy Boom

Source: NY Times

The new energy abundance in the United States has given President Trump a historic opportunity not just to expand the country’s economy at home, but also to expand its leadership globally. To maximize this opportunity, he should...

September 15, 2017 Goldman raises odds of another Fed rate hike this year

Goldman Sachs economists said the odds for a third rate hike this year rose to 60 percent from 55 percent, after a significant firming in core inflation.

September 14, 2017 Hammond gives City first glimpse of government's Brexit position on financial services

Source: City AM

Chancellor?Philip Hammond tonight told City grandees he will help craft a “bespoke deal” for the UK financial services sector in Brexit negotiations, as industry voices continue to call for greater clarity on the details of any...

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