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Despite May’s swerve, the best Brexit is no Brexit

UK Prime Minister Theresa May stopped trying to get her fellow Tories to back her plan for quitting the European Union (EU), and asked the opposition Labour Party to come to her aid. Could this be that most elusive of Brexit developments: progress? Not exactly. For many reasons — politics, self-interest, the fundamentally incoherent task at hand — May and ...

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Keep an eye on Donald Trump’s other trade war

If you are looking for the thriller movie that has captured the attention of global markets, this is certainly the trade negotiation between the US and China. It stars an unpredictable leader (President Donald Trump), an impenetrable rival (Chinese President Xi Jinping) and an issue which is typically secretive and hard to understand (trade talks). Equity and currency markets have ...

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Masa Son’s easy way to make $1bn a year

Masayoshi Son is a very clever man. SoftBank Group Corp., his giant Japanese conglomerate, is in talks with investors to add as much as $15 billion to its Vision Fund, according to Bloomberg News. The $100 billion venture capital fund has already deployed more than $70 billion in tech companies. Son is right on the money. Even if you set ...

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