Europe

Oleg Deripaska has slammed an AP report claiming he had dealings with former Donald Trump aide Paul Manafort in order to “benefit the Putin government.” The Russian tycoon says he’s ready to take part in “any hearing” in the US Congress on the subject.

The AP report claims that Paul Manafort, the former national chairman of Trump’s presidential campaign, “secretly worked for Russian billionaire” Deripaska.

In a statement published in the Wall Street Journal...

What if we were to tell you that for the bargain basement price of just $10,000 per hour you could buy yourself the privilege of a 1-hour conversation with an equity research analyst from a top-notch investment bank, would that be something that might be of interest to you?  While we hate to be overly pessimistic, we're gonna go out a limb and guess that most of you answered in the negative to that question.

Over the past 10 years the number of Bloomberg terminal subscriptions have soared nearly 50% as the number of 30-somethng hedge fund managers looking to strike it rich by charging 'yuge' fees to match the returns of the S&P also skyrocketed.

European, Asian stocks have rebounded as investor anxiety over Trump economic policy and US tax reform eased following yesterday's remarkable comeback in the US market. S&P futures point to a slightly higher open, with oil higher and the dollar rebounding off fout month lows. It is a relatively quiet day in the US with the economic calendar focusing on wholesale inventories, consumer confidence and the Case-Shiller index.

Authored by Vincenzo Scarpetta via Open Europe,

As UK Prime Minister Theresa May prepares to trigger the Article 50 EU exit mechanism on Wednesday, Open Europe has published a new report, entitled, ‘Nothing to declare: A plan for UK-EU trade outside the Customs Union.’