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DUBAI (Reuters) – Iran said on Monday it has taken necessary banking measures to continue trade with its partners after the United States reimposed sanctions on Tehran’s energy and financial sectors, Iranian state TV quoted the head of the country’s Central Bank Abdolnassr Hemmati as saying cufflinks shop near me uk sale. “We have been in talks with our trade partners and all the necessary actions have been taken for Iran’s interactions to continue,” Hemmati said. “We were expecting these sanctions, so we had plans in place for them and beyond.. considering the possibility of banks being disconnected from SWIFT we have considered alternatives to replace it.”..

DUBAI (Reuters) – Sanctions have already cost Iran billions of dollars in oil revenue since May when U.S. President Donald Trump pulled out of the nuclear deal, U.S cufflinks shop near me uk sale. Special Representative for Iran Brian Hook told reporters on a call on Monday. “Our oil sanctions have taken off 1 million barrels of Iranian oil off the market, and that alone has reduced the regime’s revenues by more than $2 billion,” he said. He did not explain the figures further. At present prices, a reduction of 1 million barrels per day in Iranian exports would reduce its revenue by around $2 billion per month..

The United States imposed strict sanctions on Iran’s vital energy sector on Monday, which were lifted under Iran’s 2015 nuclear deal with major powers. Washington granted waivers to 8 countries. The measures are part of a wider effort by U.S. President Donald Trump to curb Tehran’s missile and nuclear programs and diminish the Islamic Republic’s influence in the Middle East. U.S cufflinks shop near me uk sale. allies in Europe, which backed the 2015 agreement under which Iran agreed to curb its nuclear program in return for the lifting of sanctions, oppose Trump’s move..

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NEW YORK (Reuters) – Goldman Sachs Group Inc (GS.N) has appointed investment bankers David Dubner and Pete Michelsen to be co-heads of activism and shareholder advisory for the Americas, the bank said on Monday in a memo. The new roles come at a time when public companies have been seeking help to better defend themselves against so-called activist investors, who often demand corporate changes ranging from sale processes to share buybacks. Dubner is a managing director in the M&A group and joined the bank in 2006 letter y cufflinks uk sale. Michelsen is a managing director in M&A as well, having originally joined Goldman Sachs in 2005. Michelsen’s LinkedIn profile shows he left the bank in 2014 to work at CamberView Partners, LLC, a shareholder advisory firm that was acquired earlier this year by PJT Partners Inc (PJT.N)..

(Reuters) – Lloyds Banking Group Plc (LLOY.L) will cut around 6,000 jobs, while adding 8,000 new roles as part of a planned 3 billion pound ($3.91 billion) investment, Sky News reported here on Monday. The jobs cuts would come from a broad range of areas across the bank, including its group transformation division, corporate banking, retail and community banking activities, Sky News said, citing sources. The creation of 8,000 new jobs will be announced on Tuesday, meaning a net creation figure of 2,000 jobs, the Sky report said letter y cufflinks uk sale. Staff whose jobs are affected by the plans will be able to apply for the new roles being created, Sky news reported..

WASHINGTON (Reuters) – The United States will allow non-proliferation civil nuclear projects at Arak, Bushehr and Fordow in Iran “under the strictest scrutiny,” the State Department said on Monday, as the country began reimposing strict sanctions on Iran. The United States is restoring sanctions on Iran’s oil, banking and transport sectors, in an effort to end Tehran’s missile and nuclear programs and diminish the country’s influence in the Middle East. The State Department said it will not issue waivers for any new civil nuclear projects letter y cufflinks uk sale.

(Reuters) – Amazon.com Inc (AMZN.O) said on Monday it would offer free shipping with no purchase minimum for the first time this holiday season, heating up the competition with Walmart Inc (WMT.N) and other rivals vying for customers’ Christmas shopping. The U.S.-only promotion, effective from Nov letter y cufflinks uk sale. 5, waives the $25 minimum that customers outside Amazon’s Prime loyalty club must hit for free shipping. The deal lasts until Amazon can no longer promise items in time for Christmas with free delivery, which typically takes five to eight business days..

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The United States has granted exemptions to China, India, Greece, Italy, Taiwan, Japan, Turkey and South Korea, allowing them to continue buying Iranian oil temporarily, Secretary of State Mike Pompeo said on Monday. Some of the countries are OPEC member Iran’s top customers crystal cufflinks uk sale. Trump on Monday said he wants to impose sanctions on Iran’s oil gradually, citing concerns about shocking energy markets and causing global price spikes. U.S. officials have said the aim of the sanctions is eventually to stop all Iran’s oil exports..

Pompeo said more than 20 countries have already cut oil imports from Iran, reducing purchases by more than 1 million barrels per day. Sanctions have already cost Iran billions of dollars in oil revenue since May, U.S. Special Representative for Iran Brian Hook told reporters on a call on Monday. Iran said on Monday it would break the sanctions and continue to sell oil abroad. China’s foreign ministry expressed regret at the U.S. move. Combined output from Russia, the United States and Saudi Arabia rose above 33 million bpd for the first time in October, up 10 million bpd since 2010, with all three pumping at or near record volumes crystal cufflinks uk sale.

NEW YORK (Reuters) – Evelyn Davis, who became known as a corporate gadfly for her attendance and relentless questioning of top executives at scores of U.S crystal cufflinks uk sale. annual shareholder meetings over a period of decades, has died at age 89. Davis died on Sunday at Washington Medical Center in Washington, D.C., after a recent illness, according to spokespeople, including a representative of her will from a trust division of Bank of America Corp., who confirmed the death on Monday. Davis owned stock in more than 80 corporations and regularly attended shareholder meetings throughout the United States, beginning in 1959, according to a release from the Evelyn Y. Davis Foundation..

International Business Machines (IBM.N) was the first shareholders meeting she attended, after inheriting stock from her father, she told Reuters in a 2002 interview. The outspoken Davis often prodded executives at shareholder meetings, and she and some observers believed she helped to make companies more responsive to small shareholder requests, though in recent years she had had few successes crystal cufflinks uk sale. As of 2012, when Davis told Reuters that she was taking a breather from the shareholders meeting circuit, only one of her shareholder proposals since 2006 had received a majority of votes. Five others had received more than 40 percent approval..

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The reworked loan under discussion aims to give Sears, which employs roughly 68,000 people, more breathing room to avoid liquidation and reorganize around a smaller set of stores expected to be put up for sale. Sears has held discussions with ESL about bidding on roughly 400 financially healthier stores that executives believe could keep the retailer alive, according to court records are cufflinks in style 2017 uk sale. One of the sources said ESL is now weighing bidding on as many as 500 stores. ESL would be a so-called stalking-horse bidder in this scenario, submitting an initial bid that others could then attempt to top, according to court filings..

JOINT BASE ANDREWS, Md. (Reuters) – U.S. President Donald Trump on Monday said he wants to impose sanctions on Iran’s oil gradually, citing concerns about shocking energy markets and causing global price spikes. “With the oil, it’s very interesting. We have the toughest sanctions ever imposed, but on oil we want to go a little bit slower because I don’t want to drive (up) the oil prices in the world,” he told reporters before flying to a campaign event. “This has nothing to do with Iran.. I could get the Iran oil down to zero immediately but it would cause a shock to the market are cufflinks in style 2017 uk sale. I don’t want to lift oil prices.”..

The United States on Monday restored sanctions targeting Iran’s oil, banking and transport sectors and threatened more action, part of a wider effort to curb Tehran’s missile and nuclear programs and diminish the Islamic Republic’s influence in the Middle East, notably its support for proxies in Syria, Yemen and Lebanon are cufflinks in style 2017 uk sale. Trump’s moves target Iran’s main source of revenue, its oil exports, as well as its financial sector. “If you notice, oil prices are going down very substantially, despite the fact that already half of their capacity is gone,” Trump said, adding “it will be a gradual” imposition of oil sanctions..

NEW YORK (Reuters) – Oil prices were mixed on Monday after a steep five-day fall, as the United States formally imposed punitive sanctions on Iran but granted eight countries temporary waivers allowing them to keep buying oil from the Islamic Republic. The sanctions are part of U.S are cufflinks in style 2017 uk sale. President Donald Trump’s effort to curb Iran’s missile and nuclear programs and diminish its influence in the Middle East. Oil markets have been anticipating the sanctions for months. Prices have been under pressure as major producers, including Saudi Arabia and Russia, have ramped up output to near-record levels, while weak economic figures in China have cast doubt on the demand outlook..

News of waivers on the sanctions weighed on prices, analysts said. “There are a lot of questions about the sanctions, about waivers,” said Phil Flynn, analyst at Price Futures Group in Chicago. “There’s some doubt that the sanctions are going to have the bite the market originally thought.”. Brent crude LCOc1 futures rose 34 cents to settle at $73.17 a barrel. U.S. West Texas Intermediate (WTI) crude CLc1 futures fell 4 cents to settle at $63.10 a barrel are cufflinks in style 2017 uk sale. Both oil benchmarks have slid more than 15 percent since hitting four-year highs in early October. Hedge funds have cut bullish bets on crude to a one-year low..

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“Iran is a much different country than it was when I took office,” said Trump, adding: “They wanted to take over the whole Middle East. Right now they just want to survive.” louis vuitton champs elysees cufflinks uk sale. Earlier, thousands of Iranians chanted “Death to America” at a rally to mark the anniversary of the seizure of the U.S. Embassy during the 1979 Islamic Revolution. The International Monetary Fund said on Thursday that Iran should implement policies to safeguard its macroeconomic stability in the face of sanctions..

UNITED NATIONS (Reuters) – The United Nations should hold the United States accountable for re-imposing sanctions on Monday to choke off Iran’s oil and shipping industry, measures that defy a U.N. Security Council resolution, Iran’s U.N. ambassador wrote in a letter to Secretary-General Antonio Guterres. “The irresponsible conduct of the United States necessitates a collective response by the international community in order to uphold the rule of law, to prevent undermining diplomacy and to protect multilateralism,” Iranian U.N. Ambassador Gholamali Khoshroo wrote, calling for the United States to be held responsible louis vuitton champs elysees cufflinks uk sale.

(Reuters) – Sears Holdings Corp is in discussions with Chairman Eddie Lampert and lenders on a deal to expand a bankruptcy financing package that would help it avoid liquidation, people familiar with the matter said. The negotiations come at a critical time for Sears, as it needs enough money to keep its shelves stocked during the holiday shopping season and retain enough support from creditors and vendors to emerge from bankruptcy proceedings louis vuitton champs elysees cufflinks uk sale. Sears filed for Chapter 11 bankruptcy on Oct. 15 with a plan to close about 142 of its 700 stores by the end of the year, throwing into doubt the future of the 125-year-old retailer that once dominated U.S. malls but has withered in the age of internet shopping..

Lampert’s hedge fund, ESL Investments Inc, is weighing partnering with other potential lenders to contribute up to $450 million in bankruptcy financing in exchange for key collateral that Sears’ banks currently hold, which includes some store leases, the sources said. In return for giving up their claims on the collateral, the banks would be given the opportunity to reduce their exposure to Sears by contributing $150 million to the bankruptcy financing, rather than the $300 million originally promised louis vuitton champs elysees cufflinks uk sale.

The maneuvers would have the combined effect of boosting the current overall bankruptcy-financing package from $300 million to up to $600 million. The negotiations remain fluid and the contours of the deal, including the amount of money lenders would extend, could change, the sources said. The sources declined to be identified because the negotiations are confidential. A Sears spokesman declined to comment. Sears has had trouble raising additional financing beyond what banks originally promised louis vuitton champs elysees cufflinks uk sale. That is because ESL and other possible new lenders balked at providing as much as $300 million that would be second in line for repayment and lacked the desired collateral to back the loan, the sources said..

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New Chief Executive Officer Marvin Ellison began a restructuring after taking over in July and has said he was reviewing its real estate portfolio, promising to remove slow-selling products and end unsuccessful ventures. Under Ellison, the company has also eliminated four senior positions, while creating two new senior roles for stores and supply chain. “New blood in the upper ranks was clearly a catalyst for this decision, as we believe there is a greater willingness on behalf of the leadership team to examine the root causes of underperformance,” Jefferies analyst Jonathan Matuszewski, said in a note subtle cufflinks uk sale.

The wind down of the Orchard Supply chain cost the company between $390 million and $475 million in write-downs. Lowe’s said Monday’s announcement would result in charges of 28 cents per share to 34 cents per share or $300 million to $365 million in pre-tax expenses. The company, which operates about 1,800 U.S. stores and 300 in Canada, said it expects the closures to be completed by February, with the exception of some U.S. stores that are closing immediately. The 20 U.S subtle cufflinks uk sale. closures are spread across states including New York, Texas and California, with 31 locations including two plants in a handful of Canadian provinces also shutting..

WASHINGTON (Reuters) – The United States reimposes oil and financial sanctions against Iran on Monday, significantly turning up the pressure on Tehran in order to curb its missile and nuclear programs and counter its growing military and political influence in the Middle East. The move will restore U.S. sanctions that were lifted under a 2015 nuclear deal negotiated by the administration of President Barack Obama, and add 300 new designations in Iran’s oil, shipping, insurance and banking sectors subtle cufflinks uk sale.

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“It is possible for another SEC enforcement action down the road if it turns out that the projections were purposefully or recklessly made without a basis,” Dubow said tie clips and cufflinks uk sale. Tesla is already facing a proposed class action shareholder lawsuit claiming that the company and top executives made false statements about the readiness of the Model 3 for volume production. The lawsuit cites repeated promises in 2017 that Tesla was “on track” to build 5,000 Model 3s per week by the end of that year at its factory in Fremont, California..

Tesla finally met that target in June of this year. Tesla has denied the claims, saying it disclosed production bottlenecks once identified, and pointing to Musk’s public statements that the company was undergoing a period of “production hell” in 2017. A Tesla spokesperson told Reuters last week that the company had received a voluntary request from the Department of Justice for documents related to Model 3 production forecasts, but had not received a subpoena. Tesla has weathered a rocky few months in the wake of Musk’s tweets that he had “funding secured” for a deal, later scuttled, to take Tesla private. Musk and Tesla settled with the SEC in September after the agency sued for fraud tie clips and cufflinks uk sale.

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(Reuters) – Home improvement chain Lowe’s Companies Inc (LOW.N) announced the closure of another 51 underperforming stores in the United States and Canada on Monday as it strives to compete with rival Home Depot Inc (HD.N) in a slowing housing market. Lowe’s gave no detail of job losses in the move, which closes stores in some upmarket areas including Broadway and Chelsea in Manhattan and follows the shutdown of 99 Orchard Supply stores in California tie clips and cufflinks uk sale. Buffetted in recent quarters by the impact of a long winter in North America, Lowe’s has been striving to find ways to catch up with the long-time sector leader Home Depot, whose stores on average generate almost twice as much in sales..

There are also signs that Americans are spending less on housing as prices and demand peak after a seven-year homebuilding spree, although many of the factors underlying the industry’s health remain in place tie clips and cufflinks uk sale. “The decision was informed by the strategic reassessment work we have been doing over the last few months .. We plan to continue to evaluate all businesses and elements of our portfolio annually,” the company told Reuters. While Lowe’s is far smaller and less exposed to the presence of Amazon and other online sellers, the closures follow a wave of similar moves by traditional U.S. retailers in the face of greater online competition..

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However, ESL still remains open to lending additional money to Sears should the company fall short of the funds it needs in its final negotiations with other potential lenders, one of the sources said black mother of pearl cufflinks uk sale. A financing deal is expected to be announced as soon as this week, though the negotiations remain fluid and an agreement is not guaranteed, the sources said. A Sears spokesman and a Cyrus spokeswoman declined to comment. Sears filed for Chapter 11 bankruptcy on Oct. 15 with a plan to close about 142 of its 700 stores by the end of the year, throwing into doubt the future of the 125-year-old retailer that once dominated U.S. malls but has withered in the age of internet shopping..

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(This version of the story has been refiled to correct spelling of partner in paragraph 10 and 11). By Alexandria Sage. SAN FRANCISCO (Reuters) – Tesla Inc said on Friday it had received a subpoena from the U.S. Securities and Exchange Commission over forecasts it made about Model 3 production in 2017, a set of targets the electric vehicle company failed to hit on time. The SEC issued subpoenas over “certain projections that we made for Model 3 production rates during 2017 and other public statements relating to Model 3 production,” Tesla said in a quarterly filing on Friday black mother of pearl cufflinks uk sale. A subpoena can compel a company to turn over materials that the requesting agency wants to review..

The SEC had also issued subpoenas in connection with Chief Executive Elon Musk’s previous statements that he was considering taking the company private, it said. Both the SEC and U.S. Department of Justice are looking at whether Tesla misled investors about its business black mother of pearl cufflinks uk sale. “To our knowledge no government agency in any ongoing investigation has concluded that any wrongdoing occurred,” Tesla wrote in its filing. The SEC declined to comment. The company also said on Friday that 44 percent of its third-quarter net profit was from previously undisclosed regulatory credits..

Investors have been trying to ascertain if the worst is over for the Silicon Valley company amid the fallout from Musk’s short-lived plan in August to take the company private, and determine if Tesla has finally stabilized its rocky Model 3 production and can build the car at a profit black mother of pearl cufflinks uk sale. Following the launch of the Model 3 last year, Tesla repeatedly missed aggressive production targets for the new vehicle, blaming “manufacturing bottlenecks.”. Jay Dubow, a partner with Pepper Hamilton LLP and former branch chief in the SEC’s enforcement division, said the agency was likely looking at whether Tesla’s projections had been “based on fact or not.”..

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“The results provide no surprises and we expect little market reaction,” Jefferies analysts wrote. Britain’s Barclays (BARC.L) and France’s Societe Generale (SOGN.PA) were among unexpected laggards in the health check but their shares were muted, ending down 0.5 percent and up 0.3 percent respectively are cufflinks in style 2019 uk sale. The Italian banking index .FTIT8300 lost 1.6 percent, however, after Goldman Sachs downgraded BPER (EMII.MI) and Intesa Sanpaolo (ISP.MI) to “sell”. Their shares fell 3.4 percent and 1.5 percent respectively..

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(Reuters) – Sears Holdings Corp (SHLDQ.PK) is nearing a deal with new lenders to increase a bankruptcy financing package to as much as $600 million, from $300 million, without Chairman Eddie Lampert’s hedge fund contributing, people familiar with the matter said on Monday. The deal, which may come as soon as this week, could provide enough money for the beleaguered U.S. retailer to keep its shelves stocked during the holiday shopping season and retain sufficient support from creditors and vendors to emerge from bankruptcy proceedings are cufflinks in style 2019 uk sale.

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Son said there was no indication SoftBank’s Saudi links are deterring startups from accepting capital, with internet-connected window company View on Friday announcing a $1.1 billion investment from the Vision Fund. And there are still plans to raise further funds, Son said, though he emphasized SoftBank would proceed cautiously and is waiting for the outcome of the Khashoggi case amazon cufflinks uk sale. Worries about the Saudi fallout and a broader downturn in global technology stocks have weighed on SoftBank shares. They closed on Monday at 8,747 yen, down 24 percent from September’s high of 11,500 yen..

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LONDON (Reuters) – European shares eased on Monday as last week’s rebound ran out of steam on investor nervousness over fast-rising U.S. interest rates and Washington’s trade dispute with Beijing amazon cufflinks uk sale. The pan-European STOXX 600 benchmark index fell 0.1 percent with most country indexes also hovering around neutral. Tuesday’s U.S. mid-term elections also kept traders cautious, as did uncertainty over whether renewed hopes of a breakthrough in Brexit negotiations were misplaced. Results from the European banking stress tests had little impact, with the sector .SX7P ending down 0.4 percent..