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“But as we get better news, that’s helped lift the markets,” Ripley added. “That’s why we’re seeing a week like this week.”. Trump pointed to positive signs in trade talks, saying on Friday, “We’re working very hard. If we could make a deal, that would be good. I think they want to. I think we’d like to.”. Still, the dollar rose as investors prepared for fallout from the talks, which are expected to increase volatility across markets personalised cufflinks for daddy uk online.
WASHINGTON (Reuters) – A U.S. judge in California has granted preliminary approval to a $48 million settlement for investors who said Volkswagen AG made false and misleading statements over its excess diesel emissions personalised cufflinks for daddy uk online. Lawyers for the investors, who include police and other municipal pension funds, had estimated that the maximum they could have recovered was $147 million. But Judge Charles Breyer said the settlement agreed in August appeared “fair, adequate and reasonable.”. VW, in a statement, said on Friday that the “proposed settlement agreement eliminates the uncertainty and considerable costs of protracted litigation in the United States and is in the best interests of the company.” The ruling was issued late Wednesday..
In total, Volkswagen has agreed to pay more than $25 billion in the United States for claims from owners, environmental regulators, states and dealers, and has offered to buy back about 500,000 polluting U.S. vehicles. The buybacks will continue through 2019. The German automaker admitted in September 2015 to secretly installing software in nearly 500,000 U.S personalised cufflinks for daddy uk online. cars to cheat government exhaust emissions tests. The vehicles had emitted up to 40 times the legally allowable pollutants. In 2017, VW also pleaded guilty to fraud, obstruction of justice and falsifying statements in a U.S. court. Under the plea deal, the automaker agreed to sweeping reforms, new audits and oversight by an independent monitor for three years..
NEW YORK (Reuters) – Oil prices edged lower on Friday due to concerns of oversupply and a strong dollar but losses were limited by expectations that the Organization of the Petroleum Exporting Countries (OPEC) and Russia would agree some form of production cut next week. The two benchmarks, North Sea Brent LCOc1 and U.S. crude CLc1, still have had their weakest month in more than 10 years in November, losing more than 20 percent as global supply has outstripped demand. Front-month Brent futures fell 80 cents, or 1.3 percent, to settle at $58.71 a barrel, ahead of expiry. The more active February Brent crude futures LCOG9 lost 45 cents to settle at $59.46 a barrel personalised cufflinks for daddy uk online. U.S. crude CLc1 dropped 52 cents, or 1 percent, to $50.93 a barrel..
Oil prices also came under pressure as the dollar rose against a basket of currencies .DXY as investors hoped that the United States and China would come to an agreement over trade talks. A stronger dollar makes greenback-denominated oil more expensive for holders of other currencies. Prices pared losses from session lows after Bloomberg reported OPEC’s advisory committee suggested decreasing production by 1.3 million barrels per day from last month’s levels, traders said. “Oil prices bounced back late in the day on Friday on reports that the OPEC committee had suggested a 1.3 million barrel per day cut from the October level,” said Fawad Razaqzada, market analyst at futures brokerage Forex.com personalised cufflinks for daddy uk online.