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Markets slide as Trump threatens China with $200bn of new tariffs – business live | Business

“The latest escalation in trade tensions between China and the United States should have investors worried. Recall that the original tariffs on about US $50 billion worth of Chinese imports motivated sharp declines in equity markets, despite not being expected to have a meaningful impact on the global economy. The …

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How the Koch Brothers Are Killing Public Transit Projects Around the Country

Supporters of transit investments say they reduce traffic, spur economic development and fight global warming by reducing emissions. Americans for Prosperity counters that public transit plans waste taxpayer money on unpopular, outdated technology like trains and buses just as the world is moving toward cleaner, driverless vehicles. Most American cities …

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Debenhams issues profit warning as it battles rivals’ price cuts | Business

Department stores group Debenhams has issued its third profits warning this year, with chief executive Sergio Bucher saying he sees no improvement in the “exceptionally difficult times” on the UK high street. The group first warned on profits in January, after a disappointing Christmas, and says trading in May and …

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