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  • UK's Sajid Javid plans October giveaway Budget - FT

    • BY Reuters|
    • 05:05 PM ET 09/20/2019

    British Finance Minister Sajid Javid is planning a pre-election giveaway Budget in the week of October 21 if UK strikes a Brexit deal with the European Union, the Financial Times reported on Friday.

  • U.S. Sanctions Iran's Central Bank as Terror-Financier After Saudi Attack

    WASHINGTON-- The U.S. blacklisted the central bank of Iran and two other major state financial institutions, President Trump said Friday, severing some of Iran's last remaining ties to world markets in a move meant to punish Tehran for attacks on critical oil supplies in Saudi Arabia last week. The sanctions issued under new counterterrorism powers represent the Trump administration's plan to largely avoid a military response to the attacks. They also are meant to bolster...

  • BRIEF-Innovative Industrial Properties May Sell Upto $250 Mln Shares

    Innovative Industrial Properties Inc (IIPR) : * Innovative Industrial Properties Inc (IIPR) - MAY OFFER AND SELL FROM TIME TO TIME THROUGH SALES AGENTS, UP TO $250 MILLION OF SHARES OF ITS COMMON STOCK Source text: Further company coverage:

  • Stocks Close Lower in Final Day of a Bumpy Trading Week

    By Alexander Osipovich and Avantika Chilkoti. U.S. stocks turned lower Friday after reports that a Chinese trade delegation would be returning home earlier than expected, souring hopes that Washington and Beijing were moving toward a trade deal. The news capped off an eventful week that featured turmoil in money markets and an attack on oil facilities in Saudi Arabia that triggered dramatic swings in crude prices.

  • Warren, Sanders to visit striking GM workers as dispute continues

    Two major Democratic presidential candidates plan to visit striking General Motors (GM) workers in Detroit in the coming days as a five-day-old labor dispute threatens to enter its second week. Senator Elizabeth Warren will join workers on the picket line outside GM's Detroit-Hamtramck plant on Sunday, while Senator Bernie Sanders will do the same on Wednesday.

  • Trump says he doesn't need China deal before election and unveils Iran central bank sanctions

    President says he didn't have' dicey' conversation with foreign leader. President Donald Trump on Friday said he didn't need a trade deal with China before the 2020 elections, as he rejected a partial agreement and said "we have to do it right." Trump also announced the U.S. imposed sanctions on Iran's central bank and denied having had an improper call with a foreign leader that's central to a whistleblower complaint.

  • GLOBAL MARKETS-Stocks fall as China cancels U.S. farm visits, yields dip

    * China agriculture delegation scraps U.S. farm visit to Montana. * MSCI world equity index slips. * Central bank easing helps risk sentiment but trade tensions hurt. * Treasury yields fall; dollar falls vs yen. * Oil prices edge higher. By Saqib Iqbal Ahmed.

  • Distressed Debt Trading Overshadows Corporate Bond Market -- Update

    A sharp rally in the bonds of three distressed companies-- McDermott International Inc. (MDR), California Resources Corp. (CRC) and PG&E Corp.-- dominated trading in the corporate bond market Friday. The surge marks a rebound after earlier selloffs in the debt, showing how volatile trading in riskier bonds has become amid investor uncertainty about geopolitics, interest rates and economic growth. McDermott's 10.625% bond due 2024 more than doubled in price today and was the most actively...

  • BRIEF-ELS Announces Two-For-One Stock Split

    Equity LifeStyle Properties Inc (ELS): * ELS ANNOUNCES TWO-FOR-ONE STOCK SPLIT Source text for Eikon: Further company coverage:

  • Stocks end lower after U.S-China trade concerns rattle markets

    By Chris Matthews and Mark DeCambre, MarketWatch, Andrea Riquier. Quadruple witching day on Wall Street. U.S. stocks closed lower Friday, for the first weekly decline in a month, as investors looked beyond a litany of central-bank decisions of the past week and focused on the state of China-U.S. trade talks.

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