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Mixed messages from US run risk of sinking trade talks

Bloomberg Mixed messages coming from the US on the trade war with China could sink prospective negotiations before they begin, damaging prospects for a resolution to the growing dispute. With President Donald Trump telling aides to proceed with additional tariffs on Chinese products, the Chinese government is considering declining the offer of talks, according to a Wall Street Journal report, ...

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UK business lobby lowers economic forecasts: Brexit

Bloomberg The British Chambers of Commerce lowered its forecast for the UK economy for the next two years, citing a weaker outlook for trade and investment on uncertainty over exiting the European Union. The UK business lobby expects growth of 1.1 percent this year, down from a previous forecast of 1.3 percent, and cut its 2019 outlook to 1.3 percent ...

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Fiat weighs new Marelli ‘approaches’

Bloomberg Fiat Chrysler Automobiles NV will evaluate other potential buyers for its Magneti Marelli parts unit because the carmaker views a bid made by KKR & Co. as too low, people familiar with the matter said. KKR offered less than the $7 billion minimum valuation sought by Fiat, which ended the exclusivity of the talks, said the people, who asked ...

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