Trading Ideas
In Your 60s? 3 Things to Know About Social Security
Retirement will be here before you know it, at which point Social Security could become a key income source. …read more […]
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Business News
As Zozotown suits up, Japan’s online fashion revolution gathers speed
TOKYO (Reuters) – Zozotown, which swooped in as a little-known retail website and prodded once-reluctant Japanese consumers to shop online for clothes, is now facing stiff competition in the industry whose image it remade.
Business News
China says will not fire first shot in trade war with U.S.
BEIJING (Reuters) – China will “absolutely not” fire the first shot in a trade war with the United States and will not be the first to levy tariffs, its finance ministry said on Wednesday.
Business News
Trade worries dent stocks, yuan steadies
LONDON (Reuters) – World stocks were flat on Wednesday amid growing anxiety ahead of Washington’s end of week deadline to impose tariffs on Chinese imports, while the yuan steadied after China’s central bank acted to calm investors.
Business News
VW to launch carsharing with electric vehicles in 2019
FRANKFURT (Reuters) – Volkswagen plans to start offering car sharing services using fully electric vehicles in German cities next year as part of efforts to serve consumers who don’t want to buy their own vehicles.
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Iran’s Guards praise Rouhani’s threat to disrupt regional oil exports
A senior Iranian Revolutionary Guards commander said on Wednesday that the Guards were ready to implement a policy preventing regional oil exports if Iranian oil sales were banned by the United States. President Hassan Rouhani appeared on Tuesday to threaten to disrupt oil shipments from neighbouring countries if Washington presses ahead with its goal of forcing all countries to stop buying Iranian oil. Praising Rouhani’s remarks, Major-General Qassem Soleimani said he was ready to implement such a policy if needed. …read more […]
Business News
British Supreme Court rejects Goldman Sachs appeal vs Novo Banco
LISBON (Reuters) – Britain’s Supreme Court dismissed on Wednesday an appeal by Goldman Sachs for compensation from Portugal’s Novo Banco over a $835 billion loan to Novo Banco’s bankrupt predecessor, Banco Espirito Santo (BES), which was carved up by the state in 2014.
Business News
Exclusive: Dubai regulator probes Abraaj over alleged mismanagement – sources
DUBAI (Reuters) – Dubai’s financial regulator is investigating allegations of mismanagement at private equity firm Abraaj, which is on the verge of financial collapse after a scandal over its use of investor money, two sources familiar with the matter said.
Trading Ideas
Here's Why MGM Resorts' Rough Ride May Continue Through 2018
MGM Resorts’ (MGM) dismal show can be attributed to soft gambling revenues from the Macau region. …read more […]
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China says will not fire first shot in trade war with U.S.
China will “absolutely not” fire the first shot in a trade war with the United States and will not be the first to levy tariffs, its finance ministry said on Wednesday. A person with knowledge of the plan earlier told Reuters China’s threatened tariffs on $34 billion (25.74 billion pounds) of U.S. goods would take effect from the beginning of the day on Friday. Given the 12-hour time difference, that would have put its implementation ahead of Washington’s. Other media carried similar reports. …read more […]
Business News
Global stocks tread water on trade worries, yuan steadies
LONDON (Reuters) – World stocks treaded water on Wednesday amid growing anxiety ahead of Washington’s end of week deadline to impose tariffs on Chinese imports, while the yuan steadied after China’s central bank acted to calm investors.
Trading Ideas
Google says it's not reading your Gmail, except when it does…
Google published a blog explaining the terms on which hundreds of app makers are given access to millions of inboxes belonging to Gmail users. It’s not clear whether Gmail users are notified when Google rummages through messages to address these issues. Google was hauled over the coals this week for reportedly giving hundreds of app makers access to millions of inboxes belonging to Gmail users. …read more […]
Business News
China’s HNA Chairman Wang dies in France after falling from a wall
BEIJING/MARSEILLE, France (Reuters) – Chinese conglomerate HNA Group [HNAIRC.UL] Co-Chairman Wang Jian died during a business trip in France on July 3 in what local police said appeared to be an accidental fall from a wall while posing for a photograph.
Business News
Exclusive: Dubai investigates Abraaj over alleged mismanagement – sources
DUBAI (Reuters) – Dubai’s financial regulator is investigating allegations of mismanagement at private equity firm Abraaj, which is on the verge of financial collapse after a scandal over its use of investor money, two sources familiar with the matter said.
Business News
China’s HNA Chairman Wang dies after fall during trip to France
BEIJING (Reuters) – China’s HNA Group [HNAIRC.UL] said on Wednesday that Wang Jian, a chairman and co-founder, died during a business trip in France on July 3 after a serious injury caused by a fall.