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Global Financial News Articles

World Financial News

Exclusive: As Trump trashes NAFTA, Mexico turns to Brazilian corn
Posted on Thursday February 22, 2018

CHICAGO/MEXICO CITY (Reuters) - Mexican buyers imported ten times more corn from Brazil last year amid concern that NAFTA renegotiations could disrupt their U.S. supplies, according to government data

Tech, industrial shares drive Wall Street higher
Posted on Thursday February 22, 2018

(Reuters) - Wall Street's main indexes rose on Thursday, led by gains in technology and industrial shares as investors looked past fears of more interest rate hikes this year.

U.S. jobless claims drop to near 45-year low
Posted on Thursday February 22, 2018

WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits fell to a near 45-year low last week, pointing to strong job growth in February, which should continue to

Ford names veteran Galhotra as North America chief
Posted on Thursday February 22, 2018

(Reuters) - Ford Motor Co has appointed company insider Kumar Galhotra as president for its North America business, filling the gap left by the abrupt departure of Raj Nair on

President of Tezos Swiss foundation steps down
Posted on Thursday February 22, 2018

NEW YORK (Reuters) - The president of a Swiss foundation that conducted a $232 million online fundraiser for the embattled Tezos cryptocurrency project has stepped down, the foundation said in

Asia Financial News

Russian meddling is only one challenge facing the social-media giant
Posted on Thursday February 22, 2018

IN ITS early days Facebook embraced the motto “move fast and break things” to describe its engineers’ strategy of rapid innovation. “Move slowly, and try not to break anything else”

Europe’s flourishing gunmakers
Posted on Thursday February 22, 2018

Beretta hits its sales targetIT WAS a blunder by Heckler & Koch, a big German gunmaker. On February 15th the firm apologised for a “mistake” after its American subsidiary posted

A pharmaceutical firm bets big on a cancer drug
Posted on Thursday February 22, 2018

WHEN Ken Frazier, chief executive of Merck, an American pharmaceutical giant, started his job in 2011, he had a hard decision to make. The firm had promising new drugs—such as

Chinese cities are competing to woo overseas entrepreneurs
Posted on Thursday February 22, 2018

The coffee’s on usWHEN Maria Veikhman, founder of SCORISTA, a Russian credit-scoring startup, was considering expansion abroad, China immediately came to mind. She believes the scope there is vast, for

One of Russia’s most successful private entrepreneurs sells–to the state
Posted on Thursday February 22, 2018

IN THE Russian business community Sergei Galitsky served as a rare example of a self-made billionaire who rose with relatively little state help and outside the natural-resources trade. He built