Sunday 30 June 2019
China EV Startup WM Motor Seeks Up to $1 Billion in Funds: CEO
from Bloomberg https://ift.tt/2FImdyk
China eyes tech sector boost with Nasdaq-style board
New listing venue takes on added significance as tech and trade war deepens
from International homepage https://ift.tt/2RLVWEg
from International homepage https://ift.tt/2RLVWEg
Asia's factory activity shrinks, U.S.-China trade truce fails to brighten outlook
Factory activity shrank in most Asian countries in June as the simmering U.S.-China trade conflict put further strains on the region's manufacturing sector, keeping policymakers under pressure to deploy stronger steps to avert a global recession.
from Reuters: Business News https://ift.tt/2LtA3sc
from Reuters: Business News https://ift.tt/2LtA3sc
Stocks Rise in Asia on Trade Truce, but Investors Still Signal Worries
Markets cheered the resumption of negotiations between Washington and Beijing. Still, many doubt the two sides can reach a deal anytime soon.
from NYT > Business https://ift.tt/31UHhuS
from NYT > Business https://ift.tt/31UHhuS
Stocks Rise in Asia on Trade Truce, but Investors Still Signal Worries
Markets cheered the resumption of negotiations between Washington and Beijing. Still, many doubt the two sides can reach a deal anytime soon.
from NYT > Business https://ift.tt/31UHhuS
from NYT > Business https://ift.tt/31UHhuS
Stocks relieved at trade truce, bonds step back
Stocks rallied and bonds retreated in Asia on Monday as a thaw in the Sino-U.S. trade dispute averted one threat to the global economy, leading investors to pare wagers on aggressive policy easing by the major central banks.
from Reuters: Business News https://ift.tt/2XeRJyN
from Reuters: Business News https://ift.tt/2XeRJyN
Oil Jumps as OPEC+ Signals Extended Cuts, U.S.-China Hit Pause
from Bloomberg https://ift.tt/2XiPXMT
Fiery Plane Crash Kills 10 People in Texas
The turboprop airplane crashed into a hangar at Addison Airport shortly after takeoff on Sunday morning.
from NYT > Business https://ift.tt/2RJHMU5
from NYT > Business https://ift.tt/2RJHMU5
Fiery Plane Crash Kills 10 People in Texas
The turboprop airplane crashed into a hangar at Addison Airport shortly after takeoff on Sunday morning.
from NYT > Business https://ift.tt/2IZm6Av
from NYT > Business https://ift.tt/2IZm6Av
Oil jumps on Saudi, Russia support for supply cuts
Oil prices rose more than $1 a barrel on Monday after Saudi Arabia, Russia, Iraq backed an extension of supply cuts for another six to nine months ahead of an OPEC meeting this week.
from Reuters: Business News https://ift.tt/2FKuYb5
from Reuters: Business News https://ift.tt/2FKuYb5
Chinese tourism hit by trade war and renminbi depreciation
Outbound tourists spent 10% less in first quarter compared with previous year
from International homepage https://ift.tt/2XA1XJv
from International homepage https://ift.tt/2XA1XJv
Asia stocks cheer trade truce, bonds retreat
Stocks rallied and bonds retreated in Asia on Monday as a thaw in the Sino-U.S. trade dispute tempered risks to the global economy, leading investors to pare wagers on aggressive policy easing by the major central banks.
from Reuters: Business News https://ift.tt/323gD2T
from Reuters: Business News https://ift.tt/323gD2T
Trump Becomes First Sitting U.S. President to Enter North Korea
from Bloomberg https://ift.tt/3202ELp
Monday: ISM Mfg, Construction Spending
Weekend:
• Schedule for Week of June 30, 2019
Monday:
• At 10:00 AM: ISM Manufacturing Index for June. The consensus is for the ISM to be at 51.2, down from 52.1 in May.
• At 10:00 AM: Construction Spending for May. The consensus is for a 0.1% increase in construction spending.
From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are up 23 and DOW futures are up 206 (fair value).
Oil prices were up over the last week with WTI futures at $59.74 per barrel and Brent at $66.01 barrel. A year ago, WTI was at $74, and Brent was at $77 - so oil prices are down about 20% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.70 per gallon. A year ago prices were at $2.85 per gallon, so gasoline prices are down about 6% year-over-year.
from Calculated Risk https://ift.tt/2NqU5WE
• Schedule for Week of June 30, 2019
Monday:
• At 10:00 AM: ISM Manufacturing Index for June. The consensus is for the ISM to be at 51.2, down from 52.1 in May.
• At 10:00 AM: Construction Spending for May. The consensus is for a 0.1% increase in construction spending.
From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are up 23 and DOW futures are up 206 (fair value).
Oil prices were up over the last week with WTI futures at $59.74 per barrel and Brent at $66.01 barrel. A year ago, WTI was at $74, and Brent was at $77 - so oil prices are down about 20% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.70 per gallon. A year ago prices were at $2.85 per gallon, so gasoline prices are down about 6% year-over-year.
from Calculated Risk https://ift.tt/2NqU5WE
Monday: ISM Mfg, Construction Spending
Weekend:
• Schedule for Week of June 30, 2019
Monday:
• At 10:00 AM: ISM Manufacturing Index for June. The consensus is for the ISM to be at 51.2, down from 52.1 in May.
• At 10:00 AM: Construction Spending for May. The consensus is for a 0.1% increase in construction spending.
From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are up 23 and DOW futures are up 206 (fair value).
Oil prices were up over the last week with WTI futures at $59.74 per barrel and Brent at $66.01 barrel. A year ago, WTI was at $74, and Brent was at $77 - so oil prices are down about 20% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.70 per gallon. A year ago prices were at $2.85 per gallon, so gasoline prices are down about 6% year-over-year.
from Calculated Risk https://ift.tt/2NqU5WE
• Schedule for Week of June 30, 2019
Monday:
• At 10:00 AM: ISM Manufacturing Index for June. The consensus is for the ISM to be at 51.2, down from 52.1 in May.
• At 10:00 AM: Construction Spending for May. The consensus is for a 0.1% increase in construction spending.
From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are up 23 and DOW futures are up 206 (fair value).
Oil prices were up over the last week with WTI futures at $59.74 per barrel and Brent at $66.01 barrel. A year ago, WTI was at $74, and Brent was at $77 - so oil prices are down about 20% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.70 per gallon. A year ago prices were at $2.85 per gallon, so gasoline prices are down about 6% year-over-year.
from Calculated Risk https://ift.tt/2NqU5WE
Deutsche Bank in wealth management hiring spree
Deutsche Bank plans to hire 300 more relationship and investment mangers for its wealth management business by 2021, as part of a plan to bulk up in areas the German lender hopes will bring steadier revenue streams.
from Reuters: Business News https://ift.tt/2YocpAP
from Reuters: Business News https://ift.tt/2YocpAP
Johnson Refuses to Rule Out Suspending Parliament: Brexit Update
from Bloomberg https://ift.tt/2JiVU2v
Network Rail bids for part of British Steel
The train track firm wants to take over the railways division of the insolvent UK steelmaker.
from BBC News - Business https://ift.tt/2ZYOk44
from BBC News - Business https://ift.tt/2ZYOk44
Network Rail Plans to Bid for British Steel Unit, Telegraph Says
from Bloomberg https://ift.tt/2JcdWDL
Electric cars: New vehicles to emit noise to aid safety
The EU rule for new models follows concern cars put pedestrians at risk because they are too quiet.
from BBC News - Business https://ift.tt/2YmvWSj
from BBC News - Business https://ift.tt/2YmvWSj
'Rescue train' sent to passengers of cancelled Caledonian Sleeper
The overnight service to London Euston was cancelled shortly after it left Fort William.
from BBC News - Business https://ift.tt/2FGE4Wx
from BBC News - Business https://ift.tt/2FGE4Wx
Saturday 29 June 2019
China to Ease Ownership Rules on Oil Exploration, Gas Pipelines
from Bloomberg https://ift.tt/2YkT0Re
A slow boat down the Nile
A chic version of the traditional ‘dahabiya’ takes passengers to parts the cruise ships can’t reach
from International homepage https://ift.tt/2YgcwhD
from International homepage https://ift.tt/2YgcwhD
Arles’ art scene attracts international buyers
Empty buildings are being converted into chic concept stores or boutique hotels across the Unesco-listed city
from International homepage https://ift.tt/2JiKpbB
from International homepage https://ift.tt/2JiKpbB
Middle East’s power struggle moves to the Horn of Africa
Gulf states are investing heavily in the region, but the crackdown in Sudan has put their interventionist policies under scrutiny
from International homepage https://ift.tt/2ZQVoj8
from International homepage https://ift.tt/2ZQVoj8
A Brexit storm has already hit and employers are paying
Skilled EU workers still seek UK jobs, but data from LinkedIn shows numbers falling
from International homepage https://ift.tt/2XFRhJc
from International homepage https://ift.tt/2XFRhJc
PG&E Wants Changes to Wildfire Bill for Its Restructuring Plan
from Bloomberg https://ift.tt/2XLAYuE
Donald Trump holds out hope of Kim Jong Un meeting
US president says N Korean leader ‘very much wants to’ join him at demilitarised zone
from International homepage https://ift.tt/303N4Nb
from International homepage https://ift.tt/303N4Nb
China warns of long road ahead for deal with U.S. after ice-breaking talks
China and the United States will face a long road before they can reach a deal to end their bitter trade war, with more fights ahead likely, Chinese state media said after the two countries' presidents held ice-breaking talks in Japan.
from Reuters: Business News https://ift.tt/2xmpE9c
from Reuters: Business News https://ift.tt/2xmpE9c
Why I gave up being a literary snob
Orla Ryan on embracing trashy novels, celebrity biographies and airport bestsellers
from International homepage https://ift.tt/2FGMYDs
from International homepage https://ift.tt/2FGMYDs
China's Factory Outlook Dimmed Again in June Ahead of G-20 Truce
from Bloomberg https://ift.tt/2IY55GE
Energy Billionaire Becomes Second-Richest Thai as Company Surges
from Bloomberg https://ift.tt/2IYE4TF
Russia agrees with Saudi Arabia to extend OPEC+ oil output deal
Russia has agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil output, Russian President Vladimir Putin said, as oil prices come under renewed pressure from rising U.S. supplies and a slowing global economy.
from Reuters: Business News https://ift.tt/2KQbZzV
from Reuters: Business News https://ift.tt/2KQbZzV
Friday 28 June 2019
Heavily indebted Pemex says will merge units to save money
The board of heavily indebted Mexican state oil company Pemex [PEMEX.UL] has unanimously approved a merger of four of its subsidiaries into two units, the company said in a statement on Friday.
from Reuters: Business News https://ift.tt/2NlGZds
from Reuters: Business News https://ift.tt/2NlGZds
Trump says had an excellent meeting with China's Xi
U.S. President Donald Trump said on Saturday he had an excellent meeting with Chinese President Xi Jinping, as good as it was going to be.
from Reuters: Business News https://ift.tt/2XEL6VM
from Reuters: Business News https://ift.tt/2XEL6VM
Julie de Libran Debuts Dress Collection
The outgoing Sonia Rykiel designer is selling the 20-style range via her own e-commerce site and MatchesFashion.com.
from The Business of Fashion https://ift.tt/2XikVor
from The Business of Fashion https://ift.tt/2XikVor
Boeing’s Dreamliner Plant Is Said to Face Federal Inquiry
A Justice Department investigation of the 737 Max jet has widened to include a 787 factory in South Carolina where The New York Times found allegations of shoddy work and flawed quality control.
from NYT > Business https://ift.tt/2KKqCVB
from NYT > Business https://ift.tt/2KKqCVB
Trump, Xi hold high-stakes trade war talks at G20 in Japan
U.S. President Donald Trump said on Saturday he was open to a potentially "historic" trade deal with Chinese President Xi Jinping, as they began talks that could ease tensions or plunge the world's two largest economies into a deeper trade war.
from Reuters: Business News https://ift.tt/2JcuVG5
from Reuters: Business News https://ift.tt/2JcuVG5
Erdogan Says No Setback on Missile System Deliveries From Russia
from Bloomberg https://ift.tt/2YnMlGa
Trump says it would be 'monumental' if U.S. can reach deal with China
U.S. President Donald Trump said on Saturday he was open to a trade deal with Chinese President Xi Jinping that would be "monumental", as they began high-stake talks that could ease tensions or plunge the world's two largest economies into a deeper trade war.
from Reuters: Business News https://ift.tt/304I4YH
from Reuters: Business News https://ift.tt/304I4YH
Up in the air: the global craze for skyscraper living
The rush to construct upwards has led to 1,500 tall towers being built in the past decade
from International homepage https://ift.tt/2XeC2Tu
from International homepage https://ift.tt/2XeC2Tu
Trump lauds Saudi prince but avoids mentioning Khashoggi
US president calls Mohammed bin Salman a ‘friend’ for cracking down on terrorist financing
from International homepage https://ift.tt/2FFgYiV
from International homepage https://ift.tt/2FFgYiV
Theranos founder Elizabeth Holmes, top deputy ordered to stand trial in 2020
Theranos founder Elizabeth Holmes and her former second-in-command at the Silicon Valley blood-testing startup were ordered on Friday to stand trial next year on fraud charges stemming from their claims about the company's technology, court documents show.
from Reuters: Business News https://ift.tt/2Xd0dX7
from Reuters: Business News https://ift.tt/2Xd0dX7
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