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‘Apple may gain on China tariff resolution’

Bloomberg Apple Inc shares could gain as much as $25 over the coming months on a resolution to the China tariff dispute, removing “the albatross around [CEO Tim] Cook’s neck,” Wedbush analyst Dan Ives wrote in a note on Monday. The iPhone maker gained 3% in pre-market trading on Monday, among tech stocks rallying on Monday after President Donald Trump ...

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UK factory slump deepens as PMI drops to lowest since 2013

Bloomberg A downturn in UK manufacturing worsened in June as a gauge for the industry dropped to the lowest level since February 2013. IHS Markit’s Purchasing Managers Index for the sector showed a back-to-back contraction for the first time in more than six years. Production and new business returned the worst readings for almost seven years, with companies citing Brexit ...

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Iran breaches limit on enriched uranium under nuclear accord

Bloomberg Iran has surpassed a limit on its stockpile of enriched uranium and is preparing to scrap some key components of its nuclear deal next week, two state-run news agencies aligned with hardliners said in separate reports. The nation’s stockpile exceeded the 300 kilograms (661 pounds) of 3.67 percent enriched uranium that had been set as a limit as part ...

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