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Exclusive: ECB flags failings in dirty-money screening at Malta's top bank BRUSSELS (Reuters) - Malta's biggest bank failed for years to detect or address risks involving thousands of payments, the European Central Bank (ECB) said, detailing "severe shortcomings" that could have allowed money laundering or other criminal ...
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Trump Floats Tariff Exclusions for Apple at Texas Manufacturing Plant WASHINGTON — President Trump said on Wednesday that China had not yet made enough concessions to secure a trade deal with the United States and suggested that he might exempt Apple from an upcoming round of tariffs as he toured a Texas plant ...
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No, That Mac Factory in Texas Is Not New President Trump on Wednesday toured a Texas plant that makes high-end Apple computers, chatting with Apple's chief executive, Timothy D. Cook, and accepting a plate with the words "Assembled in USA." It was a pretty typical publicity event, until the end.
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How Apple's Tim Cook built a relationship with Trump Washington (CNN) President Donald Trump isn't known for his warm relationship with Silicon Valley. He frequently rails against social media companies for what he sees as anti-conservative bias. Tech CEOs have left White House advisory board positions ...
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Shadow banks, weak lenders among euro zone's top vulnerabilities: ECB FRANKFURT (Reuters) - A largely unregulated shadow banking sector and anemic profitability among traditional lenders are among the euro zone's biggest financial vulnerabilities, the European Central Bank said in a biannual stability assessment on ...
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Fed Officials Cut Rates Last Month Amid Worries on Trade, Global Growth WASHINGTON—Federal Reserve officials worried that weakness in manufacturing, trade and business investment could threaten the economic expansion by triggering cutbacks in hiring and consumer spending when they cut interest rates last month.
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Fed Officials Weighed Money-Market Control Strategies at October Meeting WASHINGTON—Federal Reserve officials at their October policy meeting weighed but didn't settle on strategies that could provide a more enduring fix to the money-market interest-rate volatility that flared in September. Minutes from the Oct. 29-30 meeting ...
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From Apple To Disney To Netflix: A Budget-Friendly Guide To Streaming Services With the rollout this month of Disney+ and Apple TV+, the streaming wars have been joined. While Netflix used to reign supreme when it came to an at-home streaming subscription, there are now so many strong options to choose from that it's hard to keep ...
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Fed Minutes to Shed Light on Internal Debate Over Rates The Federal Reserve releases the minutes of its Oct. 29-30 meeting on Wednesday at 2 p.m. EST, shedding light on its decision to cut interest rates and signal a wait-and-see policy stance going forward. Officials reduced their benchmark rate by a quarter ...
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Oil rises 2% after US inventory data, Russian assurances NEW YORK (Reuters) - Oil prices rose more than 2% on Wednesday after a better-than-expected U.S. crude inventories report and as Russia said it would continue its cooperation with OPEC to keep the global oil market balanced. FILE PHOTO: An oil ...
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