Business Maverick: Thursday, September 12: Five Things You Need to Know to Start Your Day

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Business Maverick: Five Things You Need to Know to Start Your Day By Bloomberg

at home. An HKEX-LSE pact would create a global trading power that would have stock, derivatives and commodities exchanges, as well as clearinghouses across two continents.to help secure a meeting with Iranian President Hassan Rouhani later this month, prompting then-National Security Advisor John Bolton to argue forcefully against such a step, according to three people familiar with the matter.

looked set to follow an advance on Wall Street where stocks reached the highest since July. The dollar rose and Treasuries were little changed. U.S. stocks rallied as the rotation from momentum to value shares that began at the start of the week slowed. Crude oil plunged after Trump indicated that sanctions on Iran could be eased.

’s repercussions by announcing a range of U.S. goods to be exempted from 25% extra tariffs put in place last year.has been seen as a clone factory, copying other countries’ innovations. But a wave of Chinese startups are dismantling that copycat image, creating world-beating headphones, cameras and drones. U.S. President Donald Trump’s campaign to contain China’s rise is spurring companies like Insta360, SIVGA, Huami and DJI Technology to accelerate design and invention.

 

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BUSINESS MAVERICK: Business confidence is in (extremely) short supplyMisery, it is often said, is a communicable disease. And so it is turning out for business confidence. Depression is feeding on itself, and that showed up on Wednesday 11 September in not one but two business confidence indices, which show pessimism is now at levels not seen in decades.
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