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Equities resume selloff as Trump cranks up trade war
Equities resume selloff as Trump cranks up trade war
Economy
by  AFP

Equities and oil plunged again Wednesday after Donald Trump ramped up his trade war by hitting China with tariffs of more than 100 percent as sweeping measures against the United States' dozens of partners are set to come into effect.

Inside Europe's last 'open-outcry' trading floor
Inside Europe's last 'open-outcry' trading floor
Economy
by  AFP

In an era where computer algorithms automate trading at breakneck speeds, a dwindling number of London's metal traders still conduct business in-person by shouting orders across Europe's last so-called open-outcry trading floor. There is no longer any reason to continue open-outcry trading, explained Thierry Foucault, professor of finance at HEC Paris business school.