U.S. companies have sent home over half a
trillion dollars of cash they held overseas in 2018 to take
advantage of tax changes, but data suggest the pace is slowing,
potentially removing a key source of support for Wall Street.
Kenya's economy expanded faster
in the third quarter of this year than in the same period last
year due to strong performance in the agriculture and
construction sectors, the statistics office said on Monday.
The London Metal Exchange (LME)
confirmed on Monday it would lift its suspension on aluminium
produced by Russia's Rusal if U.S. sanctions are
lifted, saying a consultation with users had not raised any
objections to the plan.
UK shares edged higher on Monday after
comments by U.S. President Donald Trump helped alleviate some
fears among investors about the U.S.-China trade dispute as a
year plagued by worries about trade and slowing growth drew to a
European shares were slightly
higher in early deals on Monday as soothing comments from
Washington and Beijing about trade frictions between the world's
top two economies provided some salve for investors after a
bruising year in equity markets.