By Trevor Hunnicutt and Jarrett Renshaw LIMA (Reuters) – Joe Biden meets Chinese president Xi Jinping for the last time as U.S. president on Saturday, but the leaders’ goal of lowering tensions before Donald Trump’s inauguration is challenged by fresh conflicts over cyber crime, trade, Taiwan and Russia. Biden and Xi will huddle on the sidelines of the Asia-Pacific Economic Cooperation forum in Lima, Peru — for their first talks in seven months — where Pacific Rim leaders are assessing the implications of Trump’s return to power as U.S. president on Jan. 20. The time of their meeting has not…
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Making your car look brand new again doesn’t have to be an overwhelming task. With a few strategic steps and some elbow grease, you can restore your vehicle’s shine and freshness, giving it that showroom look. From a thorough wash and wax to interior detailing, simple actions can make a big difference in appearance. Addressing common issues like foggy headlights, minor paint chips, and dirty wheels can also contribute to a renewed, polished look. Additionally, replacing worn out parts such as windshield wipers and side mirrors can enhance both functionality and aesthetics. Whether you’re preparing to sell your car or…
Image source: Getty Images Building a dividend stock portfolio capable of generating a ton of passive income is super easy right now. Today, there are loads of UK shares that are sporting sky-high yields. Here, I’m going to construct a hypothetical four-stock income portfolio with a yield of 7.8%. With a total investment of £10,000, this portfolio could potentially generate income of nearly £800 a year (tax-free if the stocks were held in a Stocks and Shares ISA). Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The…
By Pilar Olivares and Fabio Teixeira RIO DE JANEIRO (Reuters) – For residents of Morro da Babilonia, one of Rio de Janeiro’s underdeveloped ‘favela’ neighborhoods, geopolitics rarely enters daily conversation, but as the city readies to host leaders from the Group of 20 major economies on Monday, locals hope a project of theirs will find its place in the sun. Within walking distance of Rio’s famous Copacabana beach, Babilonia has been slowly expanding its use of solar power since 2015, with local non-profit Revolusolar installing panels to power some 50 families’ homes in a community of less than 4,000. Next…
Rob Arnott warns of a potential bear market in the next couple of years.He said comparisons to the dot-com peak in 2000 are fair.The S&P 500’s high valuations, driven by AI optimism, mirror past market peaks.Rob Arnott says he’s usually early when calling a bull market top. So when he says the current market environment reminds him a lot of the dot-com bubble peak, it doesn’t mean he thinks a significant pullback is imminent.It does mean, however, that he sees a big decline somewhere not too far off.”This looks and feels like the year 2000 to me,” Arnott told Business…
An Idaho couple retired with a net worth of over $2 million by living frugally and making smart investment choices.Richard learned investment strategies later in life after losing thousands in the dot-com bubble.Richard’s story highlights the “millionaire next door” mindset of diligent saving and careful investing.Richard, who is in his mid-70s, never held a very high-paying job and made various investment mistakes that cost him thousands over his life.However, the Idaho resident said living frugally, prioritizing retirement accounts, and making smart real estate decisions allowed him and his wife to retire comfortably with over $2 million in assets after a…
(Reuters) – Trump Media (DJT) & Technology Group’s key shareholder, ARC Global Investments, has unloaded nearly all its stake in the media company, it said in a regulatory filing on Thursday. ARC and its manager Patrick Orlando now hold about 0.01% stake, down from more than 5% or over 11 million shares in September. Orlando was the former CEO of the blank-check company Digital World Acquisition that took Trump Media public. He was ousted before the deal closed this year. A Delaware judge had ruled in September that Trump Media breached an agreement with Orlando’s ARC Global and the fund…
Image source: Getty Images FTSE shares have reacted in both positive and negative ways to Trump winning the US presidency. However, while some have enjoyed gains, many are down as markets struggle to assess the implications of the news. Overall, the FTSE All Share index is down 1% since 5 November, with the FTSE 100 hitting a three-month low last week. Many UK companies rely on sales to the US and the potential for new tariffs imposed on foreign imports could spell disaster. While the rhetoric seems largely focused on China and Mexico, tariffs of some sort are likely to…
By Gloria Dickie BAKU (Reuters) – Children from East Africa, where heatwaves and floods have shuttered schools in recent months, are pushing for world leaders to protect their education – and their future – at the United Nations COP29 climate summit in Azerbaijan. Siama, 17, from South Sudan, missed two weeks of school in April when temperatures surged to 45 degrees Celsius (113 Fahrenheit). “Our country is a developing country so we do not have climate-resilient buildings … and do not have ACs in school,” she said. More than 40 million children were kept out of classrooms this year, from…
The national flags of the United States and China flutter at the Fairmont Peace Hotel on April 25, 2024 in Shanghai, China.Wang Gang | Visual China Group | Getty ImagesChina is willing to be partners and friends with the United States, China’s ambassador to Washington said, seeking to strengthen dialogue between the world’s two largest economies. China has no plan to surpass or replace the United States, Xie Feng said in a speech in Hong Kong on Friday, addressing Chinese officials and the U.S. ambassador to China.Beijing is seeking to reset relations with Washington ahead of Donald Trump’s return to…