World News & Analysis 4 April 2018

Bitcoin slides below $7,000 as a slew of major cryptocurrencies fall sharply

Bitcoin dropped below $7,000 on Wednesday as the price of several major digital currencies fell.

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Trump risks opening a two-front trade war with China and Mexico just when we need them the most

While foreigners are the biggest buyers of U.S. Treasury bonds, the president is making enemies out of economic friends

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China's vice finance minister dismisses talk of selling US Treasurys in response to tariffs

Beijing holds $1.17 trillion in U.S. Treasury bonds, which some fear could be used as a tool of retaliation in the two countries' growing trade conflict.

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White House to release decision on future of US troops in Syria 'soon,' intelligence chief says

Director of National Intelligence Dan Coats said the decision on what to do in Syria came Tuesday during a meeting of the National Security Council.

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Global M&A activity hits record high on mega US health care deals

Merger and acquisition activity worldwide has hit a 17-year-record high in the first quarter of 2018, report showed.

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Krispy Kreme has finally made a pink, sprinkled Simpson’s D’ohnut

Homer Simpson's favorite food has finally been made real, in the shape of a pink, rainbow-sprinkled donut, or "D'ohnut"

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Apple reportedly working on an iPhone with a curved screen and touchless gesture control

Users would be able to move their finger close to the iPhone screen without toughing it in order to carry out a function.

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Commerce Secretary Wilbur Ross: China tariffs amount to only 0.3% of US GDP

Commerce Secretary Wilbur Ross says China's new tariffs are "hardly a life-threatening activity."

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Here's the full list of US products that China is planning to hit with tariffs

China has announced additional tariffs on 106 U.S. products, here's the full rundown.

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Spanish wind turbine maker Siemens Gamesa announces new wind energy farm for Vietnam

The facility is located in the southern province of Ninh Thuan, Vietnam.

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Boeing shares down 4% on China’s latest trade threats

Beijing's tariffs are designed to target up to $50 billion of U.S. products annually.

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Amazon may reportedly rival Walmart with bid to buy India’s Flipkart

Flipkart is in advanced talks with Walmart to sell a majority stake to the U.S. retailer, Mint said.

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It is ‘difficult’ to see the start of a recession any time soon, Goldman Sachs strategist says

It's unlikely that stock markets will enter an interrupted period of falling prices, a strategist at Goldman Sachs said.

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The 'dark times of the Cold War' are returning, Russia's intel chief says

Russia's foreign intelligence agency chief has said it feels like a return to the Cold War era as frosty relations between Russia and the West continue after accusations that Moscow was behind the poisoning of a former Russian spy in England.

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This asset manager tells you how to prepare for a market correction

The best way to prepare for a correction is by putting money on firms that can deliver growth, an asset manager said.

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China announces new tariffs on 106 US products, including soy, cars and chemicals

China announces new tariffs on 106 U.S. products, including soybeans, cars and whiskey.

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We must retaliate when people damage our interests, says China's vice finance minister

China may not want a trade war but it will hit back when provoked, Chinese Vice Finance Minister Zhu Guangyao told CNBC.

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China’s ambassador to the US explains why the country is striking back

"We certainly don't want to have any trade war with anybody, but people have to understand who started all this," said ambassador Cui Tiankai.

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Four presumed dead in California Marine helicopter crash

A Marine helicopter crashed during a Southern California training mission and all four crew members were believed killed, the military said.

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Tech CEOs from Twitter and Uber call for stricter gun control after YouTube shooting

Twitter's Jack Dorsey and Uber's Dara Khosrowshahi have called for stricter gun control.

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How IBM's game show winning supercomputer is solving problems before they occur

Advances in technology are transforming the way businesses operate.

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Asia markets close mixed amid simmering trade concerns

Asian stocks closed mixed on Wednesday trade as the overnight bounce on Wall Street stalled.

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