Trading Ideas
Tired of stagnating savings? Get your hands on this new account type and debit card
This middle-of-the-road alternative offers higher interest and easy access to your funds. …read more […]
Year: 2020
Trading Ideas
Trading Ideas
China’s Tencent In Talks To Buy $200 Million Stake In Warner Music – Report
China’s Tencent Holdings Ltd. (TCEHY), the world’s largest online gaming company, is in talks to invest $200 million in Warner Music Group, according to a Wall Street Journal report.The move comes ahead of the record company’s initial public offering slated for the coming week. Tencent is among a number of other potential institutions that could serve as anchor investors, to help shore up more than $1 billion toward a fundraising goal of as much as $1.8 billion. The offering is expected to value Warner Music at $11.7 billion to $13.3 billion.Warner Music is planning to price its IPO on June …read more […]
Trading Ideas
Trading Ideas
Target now only closing 6 stores after protests compromise the safety of employees
In an update, Target announced it would close six locations in the U.S. until further notice. …read more […]
Business News
Exclusive: Mexican broadcaster Televisa to launch mobile phone service, challenging Slim
Mexican broadcaster Televisa said on Sunday it will start offering mobile phone service, a bid to challenge billionaire Carlos Slim’s America Movil, which has long dominated the country’s telecommunications market.
Trading Ideas
Jobs report, ISM manufacturing: What to know in the week ahead
It will be a big week for U.S. economic data with the release of the May jobs report and the Institute for Supply Management’s manufacturing index. …read more […]
Business News
Embraer negotiating $600 million bank financing for exports
Brazilian planemaker Embraer SA , the world’s third largest commercial jet builder, should obtain $600 million in credit lines from Brazil’s state development bank BNDES and private banks in June, government sources said on Sunday.
Trading Ideas
Why The World’s Largest Asset Manager Has Seen Its Shares Soar
Blackrock, the world’s largest asset manager has seen its share price surge as it doubled down on renewables investment …read more […]
Business News
Amazon’s Jeff Bezos invests in UK digital freight forwarder Beacon
Amazon.com Inc Chief Executive Jeff Bezos has picked British startup Beacon, a digital freight forwarder, for his latest investment.
Business News
Russia has no objection to earlier OPEC+ meeting: sources
Russia has no objection to the next meeting of OPEC and its allies, known as OPEC+, being brought forward to June 4 from the following week, three OPEC+ sources familiar with the meeting’s preparations told Reuters on Sunday.
Trading Ideas
Russia has no objection to earlier OPEC+ meeting: sources
Russia has no objection to the next meeting of OPEC and its allies, known as OPEC+, being brought forward to June 4 from the following week, three OPEC+ sources familiar with the meeting’s preparations told Reuters on Sunday. Algeria, which currently holds the presidency of the Organization of the Petroleum Exporting Countries (OPEC), has proposed the meeting planned for June 9-10 be brought forward to facilitate oil sales for countries such as Saudi Arabia, Iraq and Kuwait. The lack of Russian opposition to an earlier date could indicate that it is moving closer to an agreement with …read more […]
Business News
Renault chairman dismisses fears over potential Maubeuge closure
Renault has no plans to close its Maubeuge plant in northern France, Chairman Jean-Dominique Senard said on Sunday, two days after the carmaker announced 15,000 job cuts globally as part of a major restructuring.
Business News
EU trade commissioner Hogan mulling candidacy for WTO chief
European trade commissioner Phil Hogan is considering putting his name forward as a candidate to be the next director-general of the World Trade Organization, his spokesman said on Sunday.
Trading Ideas
First Manned Flight Is Just One Step for SpaceX
(Bloomberg Opinion) — The SpaceX Crew Dragon capsule that’s orbiting the Earth with two U.S. astronauts is the picture of New Space Age glamour. It’s a sleek, stylish commercially made capsule that’s destined to be featured beside Italian sports cars in future design textbooks. Just don’t tell that to Elon Musk, SpaceX’s chief executive and chief designer. “Is a Ferrari more reliable than a Toyota Corolla or a Honda Civic?” he once asked a space journalist. The answer, of course, is that the simpler sedans are far more reliable than the well-crafted sports car. So SpaceX, Musk made clear, was …read more […]