Vladimir Putin and Donald Trump have been quite complimentary of each other during the brash billionaire's bid for the US presidency.
First, the presumptive Republican nominee suggested in December that he'd welcome deeper relations with Russia if he won the White House. Then, the Russian president praised Trump as "very talented" and said that he was an "absolute leader of the presidential race."
Trump responded that it was a "great honor to be so nicely complimented by a man so highly res
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Putin is 'essentially trolling the US' by complimenting Trump, and the Brexit vote explains why
-
Business Insider Intelligence is hiring a senior research analyst
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EL-ERIAN: 'There are more questions than answers as to what happens next'
Markets got whacked after the UK voted to leave the EU on Friday, with European stocks posting the worst daily drop in almost eight years.But according to Mohamed El-Erian, the Brexit also presents some long-term investment opportunities.
"We'll see pretty sharp movements" in the short term, he said in an interview with CNBC on Friday. "But there will also be opportunities for those who have cash in the days and weeks ahead."
El-Erian, Allianz's chief economic officer, said that it was impo -
BREXIT STUNS MARKETS, DOW FALLS 600 POINTS: Here's what you need to know (GBPUSD, USD, GBP, DIA, SPX, SPY, QQQ, TLT, IWM)
Friday was a historic day in markets after the UK's vote to leave the EU shocked global markets and sent risk assets the world over into a tailspin.
Looking just at US markets, overnight futures cratered as S&P 500 futures went limit-down — meaning that trading was halted — after falling 5%.
After a small bounce following the market open, US stocks slid through the afternoon and closed off the lows but with sharp losses that erased year-to-date gains for the S&P 500 and -
Global markets are in chaos after UK votes to leave EU (DIA, SPX, SPY, QQQ, TLT, GBPUSD, USD, GBP, JPY)
The UK has voted to leave the EU, and this stunning result is sending US stocks through the floor.
The Dow plunged more than 600 points to the lows of the session in the final hour of the trading session on Friday.The S&P 500 was equally getting slammed, with all its ten sectors in the red. Both indexes turned negative for the year.
Banking stocks were sharply lower, with Morgan Stanley falling by as much as 10%.
The Nasdaq had its biggest drop since Nove -
'The world has shrunk': Obama says Brexit vote speaks to 'challenges raised by globalization'
President Barack Obama said Friday afternoon that he had spoken with British Prime Minister David Cameron and, based on his conversation, was “confident” the UK is “committed to an orderly transition out of the EU.”
“We agree that our economic and financial teams will be in close contact as we stay focused on assuring economic growth and stability,” Obama said in California, during remarks at the 2016 Global Entrepreneurship Summit.President Obama on #Bre -
Jeff Gundlach dumped his entire stake in European stocks right before the Brexit pandemonium
Jeff Gundlach sold right before the Brexit chaos.
The DoubleLine Capital CEO said Friday that his firm sold all of its European equities position before the market closed Thursday and Britain voted to leave the European Union.
Equities rallied Thursday, while Friday turned out to be the worst session for European stocks since 2008.
But this doesn't mean Gundlach was totally ready for a Brexit, just like many others on Wall Street.
"Yes, I am surprised," he s -
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3 reasons Brexit does not portend a Trump victory — and one reason to worry
It's tempting to look at the Brexit win and worry that it means we've underestimated Donald Trump's odds of winning the American presidential election in November.
That leap is tempting, but wrong. Here are three reasons our election is different, and that Brexit is not a sign we have underestimated Trump:
The polls showed Leave might win, but they consistently say Trump is losing. Lots of polls in the last month showed Leave ahead of Remain, and even the polling shift in the last week produced -
A tiny bit of good news
The UK just turned its back on unity and voted to leave the EU. Markets are roiling.
Now for some good news.
On Thursday, the Organization of American States for the first time handed down a ferocious indictment of Venezuela's Socialist regime, led by President Nicolas Maduro, in a passionate speech made by Secretary General Luis Almagro:
"The Permanent Council should also take the necessary steps to address the unprecedented and unnecessary humanitarian crisis in Venezuela. The Council should e -
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BREMMER: Brexit is the world's most significant political risk since the Cuban Missile Crisis
It's official: Britain has chosen to leave the European Union.
And markets are getting whacked.
Global stocks are in meltdown mode, the pound is getting clobbered, and analysts are getting antsy about the possibility of a serious economic downturn in the UK and elsewhere.
But while the markets may have seen violent swings in the immediate aftermath of the vote to leave, the longer-term political ramifications of a Brexit are interesting to consider, too.
Earlier in the day, Eurasia Group Preside -
What you need to know on Wall Street right now
Finance Insider is Business Insider's summary of the top stories of the past 24 hours.
To sign up, scroll to the bottom of this page and click "Get updates in your inbox," or click here.
This time it's for real.
In a stunning result, the United Kingdom has voted to leave the European Union.
British Prime Minister David Cameron has resigned. Global markets are in chaos. The party is over.
Wall Street banks are having a trading bonanza. The pound is still getting clobbered. Gold is -
Listen to these 7 powerful reactions to Brexit from around the world
Much of the world is talking about Brexit, Britain's referendum vote to leave the European Union Thursday.
There have been hot takes, speculation, and even some regret from voters, but it's hard to know what the world is feeling when you aren't able to talk to a large number of people directly. Anchor, a voice-recording and sharing app, hopes to fix that problem.
The app is marketed as "radio by the people" and many users were sharing their personal reactions following the Brexit news. -
Wall Street banks just had a trading bonanza (JPM, MS)
JPMorgan posted record foreign exchange trading volumes overnight following the UK's historic decision to leave the European Union.
The firm on Friday expects to do three times the normal daily volume, according to a memo to staff from CEO Jamie Dimon.
He said that at one point, the firm processed 1,000 trading tickets per second.
The sterling plunged by over 11%, to a low of 1.32 against the dollar, around 12:30 a.m. ET (5:30 a.m. BST) after Britain voted for a Brexit.
That's a 30-year low.
It -
Basically, Brexit was a tantrum — what should we do about it?
The strangest thing about Brexit is that, of all the members of the European Union, Britain had the weakest case that it would be better off leaving.
Britain had managed to get itself a deal where it got only the good bits of the EU — free trade and an integrated market, and free movement of people within the union — while keeping its own currency and its own passport controls. The British relationship with Europe was a model for what a slimmed-down, good-parts-only EU should have co -
US oil rig count slides again (WTI, OIL, VDE, USO)
The total count of online US oil rigs fell by 7 to 330 this week, according to drilling giant Baker Hughes.
In the last few weeks, we saw something of a comeback in the oil-rig tally relative to its recent trend. The oil rig count rose last week for a third straight period — the longest streak since August 2015 — by 9.
Some producers brought rigs back online as crude oil rallied and crossed $50 per barrel.
But this week, the oil rig count fell by the most -
VAROUFAKIS: Brexit means that the 'EU’s disintegration is now running at full speed'
Yanis Varoufakis, the former Greek finance minister and outspoken political activist, believes that the historic vote by the United Kingdom to leave the European Union is a harbinger of the end of the EU.
Writing in a post Friday on the blog OpenDemocracy, Varoufakis said that while he is skeptical of the EU's current structure, the decision by Britain to exit the group was a mistake.
"OUT won because the EU establishment have made it impossible, through their anti-democratic reign (not to menti -
Citigroup CEO reassures staff on Brexit: 'Citi is well positioned' (C)
Citigroup CEO Michael Corbat is attempting to reassure employees following Britain's surprise decision on Thursday to leave the European Union.
In an internal memo sent to staff on Friday, the chief executive said the bank has been preparing for this outcome since last year.
In addition to the volatility and potential broader economic implications spurred by Brexit, it could also hurt global banks like Citi because many of them have large workforces in the UK.Citi employs more than 9,0 -
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PALIN ON BREXIT: 'May UN shackles be next on the chopping block'
Sarah Palin said she hoped the “shackles” of the United Nations would be removed from the US after the United Kingdom voted to exit from the European Union.
“It is time to dissolve political bands that connect us to agendas not in our best interest,” the former Republican vice presidential nominee wrote in a Facebook post. “May UN shackles be next on the chopping block.”
Palin, a fierce supporter of Donald Trump who continues to maintain a large following, inv -
Why Brexit is both an opportunity and a strategic risk for marketers
On final count 51.9% of votes were in favour of ‘Leave’ but many of the winning campaign’s voters were not expecting such an immediate impact on the British economy.
Following the results, the FTSE 100 index of Britain’s biggest companies lost £140bn as the pound hit a 31-year low. Fitch — the last of the credit agencies to give the UK’s debt a AAA rating — said the gold-plated endorsement was “untenable under the circumstances of a Brexit&rd -
Marketing Week Awards in focus: Lloyd’s of London is levelling the playing field for women in insurance
Businesswoman Karren Brady, who spoke at Dive In last year, was awarded a CBE for services to women in business and entrepreneurship in 2013.The Corporation of Lloyd’s, which oversees and supports the Lloyd’s market, launched the Dive In festival of diversity and inclusion last year, for which it won the Diversity Champion prize at the Marketing Week Awards last month.
‘Women in insurance’ was a big focus at the event given the industry ranks -
Top marketers react as the UK votes for Brexit
Aviva CMO Jan GoodingOn why marketers must focus on the needs of consumers
Our focus today is in ensuring our customers are as protected as possible from the market volatility and continue to have a good experience when they deal with us.
Until political negotiations are underway we cannot understand what changes there may be. Aviva has conducted extensive analysis of the possible implications of a vote to leave the EU and considers it will have no significant operational impact on the -
Airbnb CMO: Content agencies need to ‘step up’ and keep pace with tech developments
Speaking at a breakfast event hosted by The Economist at Cannes Lions festival yesterday (23 June), Mildenhall told the audience that he had a recent change of heart when it comes to ad tech companies and how quickly they are developing.
“I have been saying that ad tech is always just six months away for the last eight years. But actually, this year I’ve been exposed to some brilliant opportunities where we can really start to use ad tech to drive much greater precision marketing,&rd -
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Iceland CEO Malcolm Walker on Brexit: ‘It’s not the end of the world’
In the build-up the European Referendum vote, there has been plenty of talk of rising food prices and supermarket chains in particular having their supply chains – which heavily rely on the EU for supply in areas such as meat and fresh produce – severely disrupted.
And speaking to Marketing Week earlier today (June 24), Mike Watkins, head of retailer and business insight for Nielsen UK, predicted an “inevitable impact on disposable income” as consumer confidence starts to -
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Ashley Friedlein: We need to agree on some things as an industry about the ‘death’ of digital
Ah, the death of digital. Over two years ago, I wrote about the many ‘deaths’ of digital marketing and it felt like a tired conceit even then. But still this is a hot topic, even if it has often metastasised into full blown ‘digital transformation’.
Marketing Week columnist Mark Ritson confirmed last year that the death of digital was upon us and he duly consigns digital marketing to hell in this great presentation from Marketing Week Live.
And yet. And ye -
Ashley Friedlein: We need to agree as an industry about the ‘death’ of digital
Ah, the death of digital. Over two years ago, I wrote about the many ‘deaths’ of digital marketing and it felt like a tired conceit even then. But still this is a hot topic, even if it has often metastasised into full blown ‘digital transformation’.
Marketing Week columnist Mark Ritson confirmed last year that the death of digital was upon us and he duly consigns digital marketing to hell in this great presentation from Marketing Week Live.
And yet. And ye -
Haymarket Media Group: Acting International Account Manager
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Brexit reaction
All the latest news and opinion following the EU referendum result. -
The marketing industry reacts as the UK votes to leave the EU
Despite London, Scotland and Northern Ireland all backing staying in the EU, Remain only secured 48% of British votes, as the Leave campaign won with a dominant 52%.
The pound has already fallen to its lowest level against the dollar since 1985, while Prime Minister David Cameron confirmed he will resign, with new leadership expected by the time of the Conservative party conference in October.
Although the potential negative impact of a Brexit on both advertising budgets and the confidence of se -
‘Brands should be the calming voice after Brexit vote’
Despite London, Scotland and Northern Ireland all backing staying in the EU, Remain only secured 48% of British votes, as the Leave campaign won with a dominant 52%.
The pound has already fallen to its lowest level against the dollar since 1985, while Prime Minister David Cameron confirmed he will resign, with new leadership expected by the time of the Conservative party conference in October.
Although the potential negative impact of a Brexit on both advertising budgets and the confidence of se -
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Short-termism hits ad effectiveness
CANNES: Increasing short-termism and pressure on budgets is weakening creative effectiveness, and the digital revolution has exacerbated these trends, marketing consultant Peter Field has argued in a new report for the IPA. -
Regional languages gain digital ground
NEW DELHI: More and more digital business are tapping into the potential of regional languages in India, with Amazon India and Paytm among those announcing further expansion in this area.Paytm, the digital payments and ecommerce platform, is... -
Privacy breaches cost InMobi $1m
SAN FRANCISCO: InMobi is to pay a near-$1m penalty to settle a case brought against it by the Federal Trade Commission (FTC), which had charged the mobile advertising network with tracking consumers without their consent.According to the FTC... -
Newsbrands can't win on scale
LONDON: News publishers can never rival the likes of Facebook in terms of scale, so they have no option but to develop a business model that looks beyond digital advertising, according to top executives at the Financial Times."When I look around... -
How to reach an LGBT audience
WASHINGTON, DC: One year on from same-sex marriage becoming legal in the US, marketers need to be considering how they can best reach a small but significant consumer group that demonstrates high levels of brand loyalty.In a best practice paper... -
How Aussie brands are future-proofing
SYDNEY:Four of Australia's most popular brands have revealed how they are future-proofing their brands for Australia's emerging demographic and social trends. A panel at Mumbrella 360 in Sydney containing senior marketers from ANZ Bank, Lion... -
Blog: The power of context
Brands need to beware of overpaying for ads in media auctions, says Richard Shotton. He advises them to target contexts instead of demographics.
29 Jun 201628 Jun 201627 Jun 201626 Jun 201625 Jun 201623 Jun 201622 Jun 201621 Jun 201620 Jun 201619 Jun 2016
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