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Earlier, U.S. stocks rose after White House economic adviser Larry Kudlow said Washington had resumed trade talks with China, calling the development “very positive.”. The U.S. dollar index .DXY, which has steadily climbed as the U.S.-China trade dispute has escalated, dipped 0.2 percent but remained near a 16-month high reached on Monday stylish cufflinks uk sale. “If you’re looking at market action today, that reflects an unsuredness and lack of direction,” said Oliver Pursche, chief market strategist at Bruderman Asset Management in New York..
The pound GBP=D3 rose 0.9 percent to $1.2966 after reports that Britain and the European Union had agreed upon the text of a Brexit agreement and that British Prime Minister Theresa May would hold a cabinet meeting on Wednesday stylish cufflinks uk sale. The euro EUR= rose from a 16-month low, last up 0.6 percent to $1.1284. The Dow Jones Industrial Average .DJI fell 100.69 points, or 0.4 percent, to 25,286.49, the S&P 500 .SPX lost 4.04 points, or 0.15 percent, to 2,722.18, and the Nasdaq Composite .IXIC added 0.01 point, or 0 percent, to 7,200.88..
TORONTO (Reuters) – Thomson Reuters Corp (TRI.TO) (TRI.N) has appointed tech and media veteran Michael Friedenberg as president of Reuters news and media operations, Thomson Reuters said on Tuesday. Friedenberg, who oversaw a restructuring of IDG Communications, a global business and information company and publisher of popular magazine brands including PCWorld and Macworld, will join the company on Dec. 3. He will report to Thomson Reuters President and Chief Executive Officer Jim Smith. Editorial content will continue to be led by Editor-in-Chief Stephen J. Adler, who will report to Friedenberg stylish cufflinks uk sale. He will be based in New York..
Friedenberg stepped down as global CEO of IDG Communications in October last year after four years in the job stylish cufflinks uk sale. “Michael’s understanding of the challenges facing our media customers and proven track record driving profitable growth will add significant strength to our team as we work to further monetize trusted, mission-critical news for our customers,” Smith said. Under Friedenberg’s watch, IDG, which operates in 147 countries, evolved into a more global business information company and expanded its data and marketing services businesses..
Friedenberg, 51, also helped restore stability following the death of IDG founder Pat McGovern in 2014 and the eventual sale of the company to China Oceanwide Holdings Group in 2017. “Michael is deeply in touch with audiences and was always immersed in research and really understood the trends in the industry better than any executive I’ve worked with,” said Bob Carrigan, former CEO of IDG Communications, who hired Friedenberg in 2005 to run IDG unit CXO Media. At CXO Media, which once published CIO magazine, he was credited with modernizing the business and turned a loss-making publication to a profitable one in a short period of time, said one former IDG colleague, who did not want to speak on behalf of the company stylish cufflinks uk sale.