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Congress flexes ‘policy muscle’ with more rebukes of Trump

Bloomberg President Donald Trump will face a more assertive Congress on foreign policy as he fights off impeachment and seeks re-election, with lawmakers pushing legislation at odds with his priorities and personal style on the global stage. This will be on full display on Wednesday when the Republican-led Senate Foreign Relations Committee considers sanctions on Turkey and Russia, both countries ...

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Stocks drop with US futures; Treasuries edge up with gold

Bloomberg US equity-index futures retreated alongside stocks in Europe as investors turned cautious in the countdown to major central bank meetings and a deadline for fresh American tariffs on Chinese goods. Treasuries gained with gold. Contracts for the three main US gauges all dropped as traders await news on whether Washington will go ahead with a planned December 15 tariff ...

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SoftBank likely to sell Alibaba stock to fund buyback

Bloomberg The slump in SoftBank Group Corp’s shares could prompt Masayoshi Son to play an ace card — cashing in part of his stake in Alibaba Group Holding Ltd. Son is likely to sell Alibaba stock to help pay for another buyback in an attempt to bolster SoftBank shares, according to Jefferies Group analyst Atul Goyal. It’s a surprise the ...

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