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Asian stocks fell on Monday as traders followed Wall Street's example and braced themselves for a prolonged trade war. The worldwide sell-off reflects fears of slower economic growth and rising geopolitical tensions, as China plans to respond to a US tariff hike last Friday by raising duties on American imports. "Market sentiment remains very fragile," said one analyst. Traders in Asian stocks followed Wall Street's example and braced themselves for an enduring trade war.  After major indexes in the US plummeted at least 2% on Monday, Chinese and Japanese stocks followed suit. European and US equities posted relief rallies on Tuesday.  "Market sentiment remains...
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Sky high valuations and expensive staff are making Silicon Valley's luster less attractive than before.  Top VCs are finding better value outside of California with Europe now an increasingly attractive option for tech start ups and investors.  Many companies are now setting up secondary offices in cheaper cities outside of San Francisco for non-essential staff as costs sky rocket.  Office rents in San Francisco have reached levels not seen since the dot-com boom, and the arms race between the Silicon Valley giants to poach the sharpest minds in tech is getting more cut-throat by the day.   VCs know this all too well, and some...
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An on-demand private-jet-charter company launched fixed prices for this summer between some of Europe's most popular destinations. PrivateFly says its new rates are 30% to 50% cheaper than usual. This means you could fly from London to Paris for about £650 ($850), provided you go with five other friends or family members. Meanwhile, one-way business-class flights with British Airways between London and Paris can cost about £345 ($450). You'll still get the full VIP package on the discounted private flights though, with plenty of Champagne. Visit Business Insider's homepage for more stories. Flying by private jet is the pinnacle of luxury. You don't have...
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Lara Warner, the group chief risk officer for Credit Suisse, said risks to Europe's economy and stock markets are rising and options for dealing with a crisis are limited. Warner says Europe's markets are "fragile" and unexpected election results or other surprises could have huge consequences. Experts including Warner and Scott Minerd of Guggenheim Investments said the European Central Bank may not be able to help if the regional economy gets worse. Visit Business Insider's homepage for more stories. Lara Warner, the group chief risk officer for Credit Suisse, warned that Europe's economy is teetering on the brink and could suffer a disastrous...
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The UK Post Office has ranked 20 of the most popular European coastal resorts by price. It measured the costs of all the tourist essentials, including suncream, a glass of wine, and dinner out for two. In 14 out of the 20 locations, prices are cheaper than last year. Visit INSIDER's homepage for more. If you fancy a European seaside break this further but don't have endless cash to splash, look no further. The cheapest beach resorts in Europe for 2019 have been revealed in Britain's Post Office Travel Money Holiday Costs Barometer. The Post Office surveyed 20 of the...
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NATO's 12 founding members formed the transatlantic alliance in 1949. In the 70 years since, the organization has only grown, but it hasn't always been smooth. On April 4, 1949 — almost exactly four years after Germany's unconditional surrender ended World War II in Europe — 12 countries signed the North Atlantic Treaty in Washington, DC. Within five months, each of those countries had ratified the treaty, sealing their membership in the North Atlantic Treaty Organization, or NATO. Read more: NATO held its largest war games since the Cold War in 2018 — one of more than 100 exercises...
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Last Updated on Tuesday, 12 August 2008 16:50