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“The FCC has a mandate to protect community-based news reporting and diverse points of view before approving this acquisition.”. Nexstar outbid private equity firm Apollo Global Management LLC (APO.N) with an all-cash offer, three sources had told Reuters. The deal, expected to close late in the third quarter of 2019, will add about $160 million in the first year to Nexstar’s earnings, the companies said tateossian cufflinks mechanical skeleton movement uk online. “The transaction will result in approximately 46 percent growth in Nexstar’s average annual free cash flow in the 2018-2019 cycle to approximately $900 million,” Nexstar’s chief executive officer Perry Sook said in a statement..
WASHINGTON (Reuters) – White House Economic Adviser Larry Kudlow on Monday said that China could immediately slash its vehicle tariffs, as the country enters a 90-day truce in the current trade war with the United States to negotiate a trade deal, as he reiterated China’s pledge to begin lifting barriers immediately tateossian cufflinks mechanical skeleton movement uk online. Kudlow said on a call with reporters that he believed the immediate action could include China reducing its 40 percent tariffs on U.S.-produced vehicles and that he expects Beijing will quickly roll back new retaliatory tariffs it had imposed on agricultural imports as the trade war heated up..
“We expect those tariffs to fall to zero,” he said in reference to the auto tariffs. Kudlow said that the 90-day clock for negotiations would start on Jan. 1, but that China had pledged to start lifting both tariff and non-tariff barriers quickly, and could act as soon as Monday. A White House official later corrected Kudlow’s remark, saying the clock started on Dec. 1. “I’ve never heard that ‘immediately’ commitment before,” Kudlow said. “Now, you ask me what that means specifically, all I can say is we’ll see tateossian cufflinks mechanical skeleton movement uk online. I presume it will include things like car tariffs and various transactions and agriculture industry, energy and so forth. It could mean licensing, ownership. They are pretty close to some agreements on the IP (intellectual property) theft. And we’re pretty close to agreements on the forced transfer of technology.”..
NEW YORK (Reuters) – A truce in the U.S.-China trade war boosted global stocks to their highest in roughly three weeks on Monday, while triggering a dollar sell-off and pushing the Chinese yuan and several trade-dependent currencies higher. The equities rally followed an agreement on Saturday between Washington and Beijing at the G20 summit in Argentina calling for a 90-day trade tariff truce. Oil prices jumped nearly 4 percent. “Today is mostly about celebrating the fact that the U.S. and China have delayed what could have been the some of the worst-case scenarios regarding their trade relations,” said Michael Arone, chief investment strategist at State Street Global Advisors tateossian cufflinks mechanical skeleton movement uk online.
Still, major U.S tateossian cufflinks mechanical skeleton movement uk online. indexes closed below their highs from earlier in the session. Arone noted some “very sticky” issues remain unresolved between the world’s two top economies. The Dow Jones Industrial Average .DJI rose 287.97 points, or 1.13 percent, to 25,826.43, the S&P 500 .SPX gained 30.2 points, or 1.09 percent, to 2,790.37 and the Nasdaq Composite .IXIC added 110.98 points, or 1.51 percent, to 7,441.51. The pan-European STOXX 600 index rose 1.03 percent. U.S. President Donald Trump said China has agreed to “reduce and remove” tariffs below the 40 percent level currently charged on U.S.-made vehicles. That helped boost shares of European automakers more than 3 percent .SXAP..