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  • Nov 20- U.S. central bankers may have to speed up the pace of their expected interest rate hikes late next year to prevent prices from rising too quickly, an economist at billionaire Steven A. Cohen's family office said on Friday. But Dean Maki, chief economist at Cohen's $11 billion Point72 Asset Management, sees some dangers on the horizon if unemployment, now at...

  • More Mexican immigrants leaving U.S. than entering -Pew Thursday, 19 Nov 2015 | 12:00 PM ET

    CHICAGO, Nov 19- More Mexicans are leaving the United States than entering it according to a report released on Thursday, at a time when some Republicans, including presidential candidate Donald Trump, have taken a hard line on illegal immigration. Most Mexicans leaving the United States are doing so voluntarily to reunite with their family or to start one, the...

  • MILAN, Nov 19- Italian funds who are investors in Telecom Italia are worried that Vivendi, the. The French media group wants to increase the number of board members to 17 from the current 13 and appoint three top Vivendi executives and a French consultant as its representatives at a mid-December shareholder meeting. Vivendi replaced Telefonica as TI's single...

  • Nov 18- Billionaire activist investor Carl Icahn said he is betting against high-yield bonds, as he sees a bubble among companies that have overborrowed recently, and expects the dollar to keep rallying into next year. The 79- year-old investor said he thinks insurer American International Group, whose problems helped fuel the 2008 financial crisis, is...

  • Providing opportunity for Middle East youth Wednesday, 18 Nov 2015 | 1:46 PM ET
    Providing opportunity for Middle East youth

    Ron Bruder, Education for Employment founder and Chair, discusses one strategy to potentially fixing the problem of terrorism by providing economic opportunity in the Middle East, something he's been doing for nine years.

  • LONDON/ NEW YORK, Nov 18- Warren Buffett's favoured banker, Byron Trott, is planning to expand his investment and financial advisory firm BDT Capital Partners in Europe with a London office to attract billionaire clients, sources familiar with the matter told Reuters. Trott, who works with wealthy families in Europe such as Italy's Agnelli family, plans to submit...

  • Obama joked comfortably with the eccentric founder and executive chairman of Alibaba Group Holding Ltd., which is looking to make inroads into foreign markets, including the United States. Ma's remarks come as Alibaba works to invest heavily in ventures abroad. Alibaba has said some of its larger overseas markets include Brazil and Russia.

  • *Bollore hired bankers to prepare IPO for rail deal. DAKAR, Nov 17- A major West African rail scheme being built by French industrial conglomerate Bollore is caught up in a legal action, initiated by a rival firm shortly after the group hired banks to prepare for a Paris bourse listing of the regional project. In the filing, the plaintiffs argue that the governments...

  • Liberty Global buys Cable & Wireless in $5.3B deal Tuesday, 17 Nov 2015 | 3:31 AM ET
    John Malone

    Cable TV company acquires UK telecoms group with operations in the Caribbean, for stock and a special dividend worth $5.3 billion.

  • A filing with the U.S. Securities and Exchange Commission released on Monday showed that Adage Capital Partners held 8.5 million Apple shares on Sept. 30, down 4 percent from June 30. Other filings showed that Appaloosa Management held 1.3 million Apple shares as of Sept. 30, down from 2.5 million shares on June 30; that Bridgewater Associates held 274,852 Apple...

  • *Airline, travel stocks slip after Paris attacks. Nov 16- Wall Street had its strongest session in three weeks on Monday, with sizeable gains in energy shares as investors bet Friday's deadly attacks in Paris would have little long-term impact on the U.S. economy and corporate earnings. U.S. oil prices rose after French air strikes in Syria in reaction to multiple...

  • *Airline, travel stocks slip after Paris attacks. Nov 16- Wall Street surged over 1 percent on Monday as investors bet Friday's deadly attacks in Paris would have little long-term effect on the U.S. economy and corporate earnings. U.S. oil prices rose after French air strikes in Syria in reaction to multiple attacks in Paris on Friday that killed 129 people, with...

  • NEW YORK, Nov 16- Blackstone Group LP, which invests clients' money with William Ackman's Pershing Square Capital Management, is sticking with the hedge fund manager despite his heavy losses in Valeant Pharmaceuticals International Inc, said Tom Hill, president and chief executive officer of Blackstone Alternative Asset Management. Pershing Square has lost...

  • *Airline, travel stocks slip after Paris attacks. Nov 16- Wall Street was higher in choppy trading on Monday with investors seeing little long-term economic impact from Friday's deadly attacks in Paris. "Expectations are that will have a modest potential economic impact," said Eric Wiegand, senior portfolio manager at the Private Client Reserve at U.S. Bank in New...

  • Nov 16- Warren Buffett's Berkshire Hathaway Inc on Monday said it reduced its stake in Goldman Sachs Group Inc by 13 percent during the third quarter, paring a successful investment it made during the height of the global financial crisis. In a U.S. Securities and Exchange Commission filing, Berkshire said it owned 10.96 million Goldman shares worth about $1.9...

  • *Crude oil higher after Paris attacks. Nov 16- U.S. stocks rose in early trading on Monday with investors seeing little long-term economic impact from Friday's deadly attacks in Paris. "Expectations are that will have a modest potential economic impact and, as a result, markets have the potential to look through this over the very near term," said Eric Wiegand, senior...

  • US STOCKS-Futures reverse course, turn negative Monday, 16 Nov 2015 | 9:12 AM ET

    *Crude oil higher after Paris attacks. *NYSE, Nasdaq to observe minute of silence at 9:25 a.m. ET. Nov 16- U.S. stock futures were slightly down on Monday after recovering most of their weekend losses following Friday's attacks in Paris.

  • *Crude oil higher after Friday's Paris attacks. Nov 16- U.S. stock futures were little changed on Monday, recovering from losses over the weekend following the deadly attacks in Paris on Friday that killed 129 people and injured hundreds. Crude prices rose as France launched large-scale air strikes against Islamic State targets in Syria.

  • NEW YORK, Nov 13- Donald Trump has a message for anyone who agrees to do a job for him: If I don't like your work or I think you're trying to rip me off, don't expect to be paid in full. The billionaire front-runner to be the Republican candidate in the U.S. presidential race says he sometimes refuses to pay bills from contractors he has hired and then forces them to...

  • Nov 11- A lawyer for a Russian billionaire's investment vehicle suing Morgan Stanley for insider trading told a Manhattan jury Thursday to hold the financial services firm liable, saying the case was about principle more than money. "Why they came across the ocean for this case was that they wanted to tell Morgan Stanley, to tell the world, that what happened here...