Elon Musk rebrands Twitter to ‘X,’ replaces iconic bird logo
An effigy of Elon Musk is seen on a mobile device with the X and Twitter logos in the background in this photo illustration on...
Category: Business News
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BUSINESS LIVE: Vodafone boosted by UK sales; M&C Saatchi boss to exit
The FTSE 100 is down 0.3 per cent in afternoon trading. Among the companies with reports and trading updates today are Vodafone, M&C Saatchi and...
A ‘momentous week’ ahead as the Fed, ECB and Bank of Japan near pivot point
With the Bank of Japan maintaining its ultra dovish stance of negative interest rates, the rate differentials between the U.S. and Japan’s central bank will...
A 10-year rally in U.S. home prices could be coming to an end, says Yale’s Robert Shiller
“The fear of interest rate increases has influenced people’s thinking — it’s not just the homeowners, it’s new buyers who wanted to get in before...
China property stocks tumble on renewed debt fears
Country Garden shares tumbled to fresh eight-month lows Monday, extending losses on renewed debt fears for the Chinese property sector. Future Publishing | Future Publishing...
China has announced a slew of measures to bolster its economy. Here’s what we know so far
China has announced in the past week a series of measures aimed at boosting its economy ahead of a key Politburo meeting later this week...
Goldman Sachs expects ‘all time high’ oil demand to spur large deficits, boosting prices
Oil storage tanks stand at the RN-Tuapsinsky refinery, operated by Rosneft Oil Co., at night in Tuapse, Russia. Andrey Rudakov | Bloomberg | Getty Images...
Wall Street cut China’s GDP forecast many times this year. One bank adjusted 6 times
Workers load goods for export onto a crane at a port in Lianyungang, Jiangsu province, China June 7, 2019. Reuters BEIJING – International investment firms...
Apple supplier Foxconn’s failed India chip venture shows how tough it is for new players
This month, Foxconn pulled out of its joint venture with Vedanta. The two sides “mutually agreed to part ways,” Foxconn said in a statement at...
Here’s what the bears are missing, and why there’s still money to be made in this bull market
If you had to ask me what the bears got most wrong, it’s pretty simple: Federal Reserve Chairman Jerome Powell’s remarkable ability to divine the...