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Brooks Running moves production

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The Warren Buffet owned Brooks Running CEO Jim Weber has announced that due to trade tariffs risks the company is moving its manufacturing out of China.
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03 May 2019

Portugal's government holds emergency meeting

On Friday, the Prime Minister of Portugal Antonio Costa has called an emergency meeting of his cabinet in order to address opposition's intention to increase teachers' wage, a step that could undermine efforts to balance the state budget.

03 May 2019

Tesla increases capital raise

On Friday, Tesla announced that it intends to raise additional $2.7 billion in its next capital raise. The company has once more run out of cash, strengthening the view that in the long term Tesla will fail.

03 May 2019

Mike Pence comments on Fed

The Vice President of the United States Mike Pence announced on Friday that the US Federal Reserve should decrease interest rates to stimulate economic growth. Pence has joined the politicians that are pressuring the Federal Reserve.