Business

Trump to Leave Paris Climate Agreement?

Trump to Leave Paris Climate Agreement?

Among those urging President Trump to keep the United States in the Paris climate agreement are Cook, Tesla's Elon Musk , and Dow Chemical's Andrew Liveris... European leaders pushed Trump to stay in the Paris pact during his recent overseas trip, and some of his advisers prefer the USA stays committed to the climate accord.


FTSE hits new record high, as pound sinks on latest poll

FTSE hits new record high, as pound sinks on latest poll

The FTSE 100 Index was up 20.01 points to 7,546.81, with sterling enduring a tumultuous morning on the currency markets after slumping overnight in response to an election poll pointing to a smaller Conservative lead. The price of oil sank to a three-week low, with rising output in Libya exacerbating concerns about the potency of Opec's production cuts and the likelihood of it reducing overall supply in the market.



Raises Stake in BlackBerry Ltd (BBRY)

BlackBerry makes up about 1.4% of Diversified Investment Strategies LLC's portfolio, making the stock its 22nd largest position. Ruffer LLP's holdings in BlackBerry were worth $1,135,000 at the end of the most recent reporting period. The high and low revenue estimates for the current quarter are $3.35 Billion and $2.91 Billion, respectively. BlackBerry had a negative net margin of 93.19% and a negative return on equity of 3.62%.



Moody's downgrades Chinese credit rating for first time in 30 years

It's the first time Moody's has cut the country's credit rating since 1989. " Moody's views that China's non-financial debt will rise rapidly and the government would continue to maintain growth via stimulus measures are exaggerating difficulties facing the Chinese economy ", the statement read.



President Trump will announce his decision on the Paris Accord Thursday

Trump was to meet later Wednesday with Secretary of State Rex Tillerson , who has favored remaining in the deal. It is unclear whether Trump has the votes. But the months leading up to the decision have been characterised by an uncommon unity around climate action, with sometimes-adversarial governments - such as China, India, the EU, France and Germany - rallying to voice their support for the Paris deal.


White House official says Trump is pulling out of the Paris Agreement

White House official says Trump is pulling out of the Paris Agreement

Ivanka Trump's preference was to stay, but she made it a priority to establish a review process so her father heard from all sides of the debate, said a senior administration official who was not authorized to discuss her Ivanka Trump's thinking and spoke on condition of anonymity.