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LONDON (Reuters) – New economic forecasts from the European Commission and services PMIs will help clarify the outlook for the euro zone economy after third-quarter growth disappointed, while mid-term elections and a Federal Reserve meeting top the U.S. agenda. The European Union’s executive will publish its quarterly economic forecasts on Thursday for the 28 EU member countries – including Britain, which is due to leave the bloc in March – and for the euro zone as a whole. Its projections come after Oct. 30 data showed the euro zone economy grew only half as much expected in the third quarter. The preliminary flash estimate of 0.2 percent was also half the 0.4 percent seen in Q2 and was the slowest pace of growth in more than four years top cufflink brands uk sale.

The Commission’s economic sentiment index for the euro zone meanwhile dropped in October for the 10th consecutive month, and a weak flash Purchasing Managers’ Index (PMI) survey suggested there will be little pick up in the final three months of 2018. “If you look at the state of the euro zone economy, it is slowing. Last year growth was above trend and now there are lots of concerns about trade,” said Brian Giuliano, vice president of portfolio management for fixed income at Brandywine Global in Philadelphia top cufflink brands uk sale.

In its last forecasts in July, the Commission said it expected the 19-country euro zone to grow by 2.1 percent this year, slower than the 2.4 percent recorded in 2017, and by 2.0 percent in 2019 top cufflink brands uk sale. tmsnrt.rs/2JRXh7h. The Commission predicted then that Italy, whose government is now engaged in a war of words with Brussels over a 2019 budget draft that breaks EU rules, would record the lowest growth rate in Europe, matched only by Britain. With Brexit less than six months away, Britain will release its own third-quarter growth estimate on Friday, with a 0.4 percent expansion the consensus in a Reuters poll..

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For graphic on STOXX versus US earnings growth click tmsnrt.rs/2P3QCho. Last week’s sterling rally was the second biggest of the year cufflinks near me uk sale. Fuelled by reports that the United Kingdom and the European Union have made progress on a deal to give London basic access to EU markets after Brexit and gains in global stocks, traders lost no time in snapping up the heavily shorted currency. But some warn that markets may be getting overly excited. While expectations of a deal at a summit on Nov. 21 have grown, domestic political challenges still abound and market indicators reflect those concerns..

One-month sterling risk-reversals GBP1MRR=, a ratio of puts to calls on the currency and a barometer of investor bearishness, hold near two-year highs, indicating uncertainty remains high. Morgan Stanley strategists say market sentiment is extremely bearish on sterling with gauges indicating traders are paying more premiums to buy currency options to brace for a rocky ride ahead cufflinks near me uk sale. And expectations are that roller coaster ride may last for some time with implied volatility curve spreads between 1-year and 1-month options near its flattest levels this year..

For graphic on Rocky Ride for Sterling click tmsnrt.rs/2CVnrFR. Turkey’s inflation data exceeding forecasts and surging to above 25 percent in October makes for uncomfortable reading. But inflation at 15-year highs isn’t the only pain point: The impact of the lira’s steep decline on the economy is still being felt with key indicators such as consumer and economic confidence falling to long-time lows and the government cutting its growth forecasts for the next three years cufflinks near me uk sale. And there could be more pressure in store for the battered currency, which has weakened more than 30 percent since the start of the year. Ratings agency Moody’s has said recently announced tax cuts could boost consumption temporarily, but are credit negative and risk rekindling pressure on the lira..

(Reuters) – Lloyd’s of London underwriter Hiscox Ltd (HSX.L) on Monday reported a 14.3 percent rise in gross written premiums for the first nine months of the year, but warned that growth could moderate over the balance of the year cufflinks near me uk sale. The insurer, which underwrites a range of risks from oil refineries to hijacks, said it had been hit by catastrophes in the United States and the Far East and reserved net $125 million to cover claims and reduced profit commissions because of Hurricanes Florence and Michael and Typhoons Jebi and Trammi..

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Interest rates, economic growth, company earnings and inflation are widely viewed as strong influences on stock prices, making the balance of power in Washington just one of many factors affecting investor sentiment. Two Democratic presidents – Bill Clinton and Barack Obama – have presided over the strongest S&P 500 performances tmsnrt.rs/2jtEpzi since 1952, with gains of 208 percent and 166 percent, respectively. Wall Street has applauded Trump since he took power in January 2017 and quickly pushed through measures to deregulate banks and other companies. Last December, his Republican party passed sweeping corporate tax cuts that have S&P 500 companies on track this year to grow their earnings per share by over 20 percent, the biggest jump since 2010, according to Refinitiv IBES data hermes cufflinks uk sale.

LONDON (Reuters) – Britain said on Monday it regretted a U.S. decision to reimpose sanctions on Iran. “We regret the reimposition of sanctions by the U.S. We continue to believe that the Iran nuclear deal makes the world a safer place and our position remains that as long as Iran continues to meet its obligations under the deal by respecting strict limits on its nuclear activity, we will be committed to it too,” Prime Minister Theresa May’s spokesman said. “As such we continue to fully support expanding our trade relationship with Iran and encourage UK businesses to take advantage of commercial opportunities that arise.” hermes cufflinks uk sale.

ZURICH (Reuters) – Switzerland is holding talks with the United States and Iran about launching a humanitarian payment channel to help ensure food and drugs keep flowing to the Islamic Republic amid tightened U.S. sanctions, the government said. Restored U.S hermes cufflinks uk sale. sanctions are part of a wider effort by U.S. President Donald Trump to force Iran to curb its nuclear and missile programs as well as its support for proxy forces in Yemen, Syria, Lebanon and other parts of the Middle East. Iran has taken a defiant line. It will sell its oil and break U.S. sanctions on its vital energy and banking sectors, Iranian President Hassan Rouhani said..

“Switzerland is committed to safeguarding Swiss economic interests and closely follows the development of the situation. The authorities are in direct contact with the competent authorities of the United States, the EU and Iran,” the State Secretariat for Economic Affairs (SECO) said in an emailed statement on Monday. “Particularly in the humanitarian field, the federal government is committed to ensuring that food and pharmaceutical products can continue to be supplied from Switzerland,” it said, adding it was in touch with U.S. authorities, Iran and unnamed Swiss companies on developing a humanitarian payment channel hermes cufflinks uk sale. A SECO spokesman would not elaborate on the plan..

Switzerland, which represents U.S. diplomatic interests in Iran, was not involved in separate European Union discussions on setting up a special purpose vehicle to continue trade with Iran, but was following the talks closely, SECO said. The Swiss were also not involved in developing alternative mechanisms to SWIFT in the area of ​​secure messaging and payment transactions hermes cufflinks uk sale. Switzerland in August encouraged Swiss companies to pursue business ties with Iran prudently and expressed regret at the poor sanctions situation..

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WASHINGTON (Reuters) – The Belgium-based SWIFT financial messaging service said on Monday it is suspending some unspecified Iranian banks’ access to its messaging system in the interest of the stability and integrity of the global financial system. In a brief statement, SWIFT made no mention of U.S cufflink engraving uk sale. sanctions coming back into effect on some Iranian financial institutions on Monday as part of U.S. President Donald Trump’s effort to force Iran to curtail its nuclear, missile and regional activities..

The SWIFT statement said suspending the Iranian banks access to the messaging system was a “regrettable” step but was “taken in the interest of the stability and integrity of the wider global financial system.”. Having abandoned the 2015 Iran nuclear deal, Trump is trying to cripple Iran’s oil-dependent economy and force Tehran to quash not only its nuclear ambitions and its ballistic missile program but its support for militant proxies in Syria, Yemen, Lebanon and other parts of the Middle East cufflink engraving uk sale.

WASHINGTON (Reuters) – The United States has granted exemptions to eight countries allowing them to temporarily continue buying Iranian oil, Secretary of State Mike Pompeo said on Monday, as Washington reimposed sanctions on Iran’s banking, energy and shipping industries. Some of the eight countries – China, India, Greece, Italy, Taiwan, Japan, Turkey and South Korea – include OPEC member Iran’s top customers cufflink engraving uk sale. Pompeo said more than 20 countries have already cut their oil imports from Iran, reducing purchases by more than 1 million barrels per day..

NEW YORK (Reuters) – Buy the dollar but sell FAANGs, buy real estate and machinery, but sell the overall market. Or, do nothing at all cufflink engraving uk sale. Investors heading into Tuesday’s U.S. congressional elections are trying to fathom how best to predict the outcome and profit from it. After two years of wielding no practical political power in Washington, the Democratic Party faces a strong chance of winning control of the U.S. House of Representatives in next week’s election, with Republicans likely to keep the Senate..

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LONDON (Reuters) – The boss of Japan’s Takeda Pharmaceutical (4502.T) said on Monday he was confident of securing investor backing for its $62 billion acquisition of London-listed Shire SHP.L, despite some shareholders’ fears about the resulting debt burden mens gold cufflinks uk sale. Buoyed by a strong set of quarterly results last week – helped by strong demand for its existing drugs – Chief Executive Christophe Weber insisted that buying rare diseases specialist Shire was not a defensive move. “We are quite satisfied with our current progress at Takeda. Our business is doing well,” he told the FT Global Pharmaceutical and Biotechnology conference in London..

“We don’t have to do this Shire acquisition. We just feel it is a way to accelerate our progress and our evolution.”. Takeda has already gained approval for what would be the biggest-ever overseas acquisition by a Japanese company from U.S., Japanese and Chinese regulators – but it is still waiting for the nod from European authorities. Crucially, Takeda also needs two-thirds support from shareholders. It has set Oct. 19 as the record date entitling investors to vote in an extraordinary general meeting (EGM) on the deal, allowing it to hold the meeting within a three-month period ending Jan. 18 mens gold cufflinks uk sale. Alternatively, it could set a new record date..

Takeda, which has a market value of around $32 billion, has secured a $30.9 billion bridge loan to help finance the Shire acquisition and some investors are concerned as to how well it will cope with debt repayments mens gold cufflinks uk sale. Weber, however, said he was confident he had persuaded Takeda shareholders sufficiently for the company to name an EGM date, without specifying exactly when it would be held. The Japanese company struck its agreement to take over Shire in May, a deal that will propel it into the top 10 rankings of global drugmakers by sales, alongside the likes of Novartis (NOVN.S) and Pfizer (PFE.N)..

It will also increase Takeda’s exposure to the U.S. drugs market – the world’s biggest – which will account for around half of the enlarged group’s business, just as President Donald Trump puts a squeeze on drugmakers to cut their prices. Weber said Trump’s plans to base the price the government’s Medicare program pays for some medications on the lower prices paid in other countries would add to pressure but would not undermine the fundamental attractions of the U.S mens gold cufflinks uk sale. marketplace..

WASHINGTON (Reuters) – U.S. President Donald Trump’s national security adviser John Bolton said there will be additional U.S. sanctions on Iran after the Trump administration on Monday re-imposed oil and economic sanctions, but gave no other details. “We’re going to have sanctions that even go beyond this mens gold cufflinks uk sale. We’re not simply going to be content with the level of sanctions that existed under (former U.S. President Barack) Obama in 2015,” Bolton said in an interview on Fox Business Network, according to a transcript. “More are coming.”..

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Hook said Washington did not expect restored oil sanctions against Tehran to have a negative impact on a market that is well-supplied and balanced. “Some 20 countries that imported Iranian oil prior to May have zeroed their input because of our sanctions. More than 100 major companies have withdrawn their business from Iran or canceled their planned investment, leading to tens of billions of dollars in lost investment,” Hook said. Other signatories of the nuclear deal have been trying to save the accord since Trump exited the pact. Washington reimposed first round of sanctions on Tehran In August where to buy cufflinks near me uk sale.

(Reuters) – Goldman Sachs Group Inc is tracking ahead of its goal to generate $5 billion in additional annual revenue by 2020 as growth initiatives bear fruit, its new finance chief said on Monday. The revenue-boosting plan that management laid out last year has produced $2.5 billion so far in 2018, according to a presentation by Chief Financial Officer Stephen Scherr at an industry event. He stopped short of increasing the target, but suggested Goldman could still do better. “While we are meeting our objectives, these initiatives are not the limit of our ambition. Numerous business opportunities exist beyond the $5 billion (target),” said Scherr, who plans to provide a strategic update in the spring where to buy cufflinks near me uk sale.

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Its new management wants to reshape the business. It is conducting a “front-to-back” review and will make a “clinical assessment” of whether each business is meeting its cost of capital, Scherr said, adding that the bank is not looking to shrink or exit businesses, but instead determine where to deploy capital for the best returns. Scherr’s presentation showed Goldman making headway on plans to lend more to consumers and big businesses. Its fledgling digital bank, Marcus, now has 2 million customers and it wants to grow that business’s market share to eventually become a “one-stop shop for financial well-being,” Scherr said where to buy cufflinks near me uk sale.

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Amazon cut its order minimum for free shipping to $25 from $35 indefinitely in May 2017. Monday’s news will add to pressure on Walmart and Target Corp (TGT.N), which in recent years have chipped away at Amazon’s lead with their own offers of free two-day shipping. While Walmart has maintained its $35 order threshold this holiday, Target has scrapped its minimum until Dec. 22. Shares of Walmart and Target rose about 1 percent each on Monday. “They’re forcing Amazon to react,” Wedbush Securities analyst Michael Pachter said. “That’s what today’s price action tells you.” cufflinks shop near me uk sale.

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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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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..

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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 Guangzhou Yuexiu District Court ruled that four companies had “infringed multiple copyrights of the LEGO Group and conducted acts of unfair competition by producing and distributing LEPIN building sets”, Lego said. The court ordered that the companies immediately ceased “producing, selling, exhibiting or in any way promoting the infringing products,” it said. Furthermore, Lego will receive around 4.5 million Chinese yuan ($649,735) in damages gear cufflinks uk sale. Last year, the Beijing Higher Court passed a ruling that recognized the Lego logo and name in Chinese as ‘well-known’ trademarks in China, putting the toymaker in a better position to act against infringement of its trademarks..

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LOS ANGELES (Reuters) – Amazon.com Inc (AMZN.O) wants to hire thousands of seasonal delivery drivers to supplement services provided by the U.S. Post Office, United Parcel Service Inc (UPS.N), FedEx Corp (FDX.N) and its own delivery partners, the company said on Monday. The move comes as the online retailer is also recruiting new delivery service partners, or DSPs, to help reduce delivery costs that more than tripled to $21.7 billion between 2013 and 2017. Amazon and its DSP owners are competing for workers in the tightest U.S. labor market in decades. UPS and FedEx combined plan to hire more than 150,000 temporary holiday workers gear cufflinks uk sale. Along with some Amazon DSPs, they are offering bonuses for attendance, safety and customer service..

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NEW YORK (Reuters) – The S&P 500 rose on Monday with boosts from financial, energy and defensive sectors as investors showed some caution on the eve of U.S. congressional elections. While the financial sector was boosted by earnings, the energy sector .SPNY, which has lagged the broader S&P 500 .SPX this year, gained 1.6 percent after the United States imposed a range of punitive sanctions on Iran. [O/R] gear cufflinks uk sale. Falling U.S. Treasury yields helped defensive sectors such as real estate, utilities and consumer staples, which are sensitive to rising interest rates, according to traders..

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WASHINGTON (Reuters) – The United States snapped sanctions back in place on Monday to choke Iran’s oil and shipping industries, while temporarily allowing top customers such as China and India to keep buying crude from the Islamic Republic robinsons cufflinks uk sale. Having abandoned a 2015 Iran nuclear deal, U.S President Donald Trump is trying to cripple Iran’s oil-dependent economy and force Tehran to quash not only its nuclear ambitions and ballistic missile program but also support for militant proxies in Syria, Yemen, Lebanon and other parts of the Middle East..

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