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Companies Are Just Now Tallying Up the Impact of the US Shutdown

While the longest government shutdown in US history is over, the consequences of the 43-day impasse are only just starting to feed through for companies across the US and beyond.

While the longest government shutdown in US history is over, the consequences of the 43-day impasse are only just starting to feed through for companies across the US and beyond.
Bloomberg Markets • Dec 11, 11:00 AM
REG

Brazil’s Business Elite Keeps Hope Alive for Centrist Candidate

A key member of one of Brazil’s most prominent business groups is holding out hope for a centrist candidate to emerge in next year’s presidential election, criticizing the left and right for failing to address the South American nation’s economic and social challenges.

A key member of one of Brazil’s most prominent business groups is holding out hope for a centrist candidate to emerge in next year’s presidential election, criticizing the left and right for failing to address the South American nation’s economic and social challenges.
Bloomberg Politics • Dec 11, 11:00 AM
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EU Reaches Deal to Heighten Foreign Investment Screening

The European Union reached a preliminary agreement to strengthen its screening of foreign direct investments, the latest move meant to help shield the local economy from China and the US.

The European Union reached a preliminary agreement to strengthen its screening of foreign direct investments, the latest move meant to help shield the local economy from China and the US.
Bloomberg Politics • Dec 11, 10:57 AM
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PayPal, BILL & Intuit on Smart Payment Opportunities

Ratinder Bedi, Senior Vice President & Global Chief Credit Officer, PayPal, Mary Kay Bowman, Executive Vice President & General Manager, Payments & Financial Services, BILL, and David Hahn, General Manager & Executive Vice President, Product, Intuit, join Bloomberg Intelligence’s Diksha Gera to discuss how modern business leaders are financing growth and scaling smart in a competitive market at the Empowering Business Growth in the Digital Economy event in San Francisco.

Ratinder Bedi, Senior Vice President & Global Chief Credit Officer, PayPal, Mary Kay Bowman, Executive Vice President & General Manager, Payments & Financial Services, BILL, and David Hahn, General Manager & Executive Vice President, Product, Intuit, join Bloomberg Intelligence’s Diksha Gera to discuss how modern business leaders are financing growth and scaling smart in a competitive market at the Empowering Business Growth in the Digital Economy event in San Francisco. (Source: Bloomberg)
Bloomberg Markets • Dec 11, 10:49 AM
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Rheinmetall Shares Trading Close to a Bear Case, Bernstein Says

One of the few analysts without a bullish stance on German tank and ammunition maker Rheinmetall AG has thrown in the towel, saying recent declines have left the stock trading “close to a bear case.

One of the few analysts without a bullish stance on German tank and ammunition maker Rheinmetall AG has thrown in the towel, saying recent declines have left the stock trading “close to a bear case.”
Bloomberg Markets • Dec 11, 10:48 AM
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Chinese Security Firm Nuctech Hit by EU Subsidy Probe

Chinese security firm Nuctech has been hit by a full-scale European Union investigation amid concerns subsidies from Beijing gave it an unfair market advantage over local EU firms.

Chinese security firm Nuctech has been hit by a full-scale European Union investigation amid concerns subsidies from Beijing gave it an unfair market advantage over local EU firms.
Bloomberg Politics • Dec 11, 10:46 AM
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Mastercard Opening Remarks

Mastercard's Ginger Siegel discusses how Mastercard is helping small and medium businesses grow in today’s digital economy at the Empowering Business Growth in the Digital Economy event in San Francisco.

Mastercard's Ginger Siegel discusses how Mastercard is helping small and medium businesses grow in today’s digital economy at the Empowering Business Growth in the Digital Economy event in San Francisco. (Source: Bloomberg)
Bloomberg Markets • Dec 11, 10:34 AM
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China’s Top Diplomat to Visit Saudi Arabia on Middle East Trip

Chinese Foreign Minister Wang Yi will visit Saudi Arabia in the coming days on a trip to the Middle East, visiting a region vital to the energy needs of the world’s second-biggest economy.

Chinese Foreign Minister Wang Yi will visit Saudi Arabia in the coming days on a trip to the Middle East, visiting a region vital to the energy needs of the world’s second-biggest economy.
Bloomberg Politics • Dec 11, 10:33 AM
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US Economy Not as Good as Some Believe: MUFG's Halpenny

Derek Halpenny from MUFG discusses the outlook for Fed policy and the US economy.

Derek Halpenny from MUFG discusses the outlook for Fed policy and the US economy. "If we start to see goods inflation stabilize, then I think overall inflation can start to come down and then maybe the FOMC starts to look more unified," he tells Bloomberg's Francine Lacqua. Halpenny adds that the US economy is not "humming and looking as good as maybe some believe." He speaks on Bloomberg Television. (Source: Bloomberg)
Bloomberg Markets • Dec 11, 10:28 AM
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US Health Deal Halted by Kenyan Court on Privacy Concerns

A new US health deal with Kenya was temporarily frozen by a court in the East African nation after a lobby group raised data-privacy concerns, even as President Donald Trump approaches more African countries with similar pacts.

A new US health deal with Kenya was temporarily frozen by a court in the East African nation after a lobby group raised data-privacy concerns, even as President Donald Trump approaches more African countries with similar pacts.
Bloomberg Politics • Dec 11, 10:19 AM
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Investor who bought former Kanye West home in Malibu threatened with foreclosure

The Malibu beach house is being turned into a unique members-only investment opportunity after the latest owner was threatened with foreclosure, having defaulted on his $18.

The Malibu beach house is being turned into a unique members-only investment opportunity after the latest owner was threatened with foreclosure, having defaulted on his $18.5 million mortgage.
MarketWatch - Top Stories • Dec 11, 10:01 AM
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EU Seeks Russian Asset Freeze Deal by Friday to Ease Ukraine Aid

The European Union is pushing to reach an agreement as early as Friday to lengthen the bloc’s freeze on Russian assets using emergency powers — a key step toward tapping the funds to help Ukraine.

The European Union is pushing to reach an agreement as early as Friday to lengthen the bloc’s freeze on Russian assets using emergency powers — a key step toward tapping the funds to help Ukraine.
Bloomberg Politics • Dec 11, 9:57 AM