Finanças

Reserve Bank looks to jolt alleged

Reserve Bank looks to jolt alleged "strong economy" with rate cut

Shadow treasurer Jim Chalmers said Westpac and ANZ's choice not to do the same was "disgraceful", as the nation grapples with a slowing economy. "We heard from Commissioner Hayne just months ago...

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Michelin, GM Unveil Airless Tires That Eliminate Flats, Reduce Waste

In an FAQ published by Michelin, the company notes that Uptis "shares some design concepts" with its Tweel technology: a tire-wheel assembly, "spokes" that carry the load, and a shear beam outer rin...

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GM and Fiat Chrysler Unmasked as Tesla's Secret Source of Cash

GM and Fiat Chrysler Unmasked as Tesla's Secret Source of Cash

GM spokesperson said its investment in the credits was a hedge against " future regulatory uncertainties ". Tesla is said to have generated $2 billion in revenue from selling its emissions tax credi...

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Neil Woodford seeks to reassure investors after fund suspension

Neil Woodford seeks to reassure investors after fund suspension

Assets in the fund now stand at £3.71bn, almost two-thirds down from their peak of £10.2bn two years ago. Earlier this week, Neil Woodford - one of the UK's most well-established stock pickers - s...

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Bernie Sanders tells Walmart shareholders company pays 'starvation wages'

Bernie Sanders tells Walmart shareholders company pays 'starvation wages'

It calls for formalizing the board's oversight responsibility, aligning senior executive compensation incentives, and it urged the company to report to shareholders by the end of the calendar year on ...

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Oil slides on USA inventory build, equity rally caps losses

Oil slides on USA inventory build, equity rally caps losses

WTI was last down $1.24, or 2.3%, at $52.24 US a barrel, its lowest since February's reading of $52.11, plumbed on Monday. "The across-the-board inventory builds makes for a very bearish report", s...

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Fed's hint at rate cut boosts global markets

Fed's hint at rate cut boosts global markets

Global stock markets shed over $2 trillion in value in May. Gold hit a more than three-month high on Tuesday as expectations rose that the U.S. Federal Reserve would cut interest rates to offset t...

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Trump defies own party to push ahead with Mexican tariff threat

Trump defies own party to push ahead with Mexican tariff threat

The chamber said recently it was considering legal action to block the tariffs from going into effect. US Senate Majority Leader Mitch McConnell said there's not much support in his conference for t...

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Amazon sponsors high street pop-up shops

Amazon sponsors high street pop-up shops

Enterprise Nation and Amazon today announced the launch of Clicks and Mortar - a new programme to help small businesses grow, both in-store and online. Physical retailers accuse the government ...

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Amazon Prime Expands Free One-Day Shipping

Amazon Prime Expands Free One-Day Shipping

Although Amazon was first to go public with its next-day delivery plans, Lore was careful in his earlier announcement to describe Walmart NextDay as "a new offering we've been working on for a while n...

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BMW partnering with JLR on next-gen EV technology

BMW partnering with JLR on next-gen EV technology

The joint team will be based in Munich. The huge costs to carmakers of developing electric vehicles come at a time when regulators are tightening the rules on emissions. The partnership would also a...

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GM, Michelin to launch airless, puncture-proof tires

GM, Michelin to launch airless, puncture-proof tires

Along with the obvious benefits of greatly reducing the chances of blowouts and flats, GM says the airless tires align with its vision of a world with zero crashes, zero emissions, and zero congestion...

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Most Independent Facebook Shareholders Want Zuckerberg Out as Chairman

Most Independent Facebook Shareholders Want Zuckerberg Out as Chairman

Visit BusinessInsider.com for more stories. The revolt against Facebook is gathering momentum, but CEO Mark Zuckerberg can rest easy for the time being. Apart from Zuckerberg's almost 4 billion vo...

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Britain's INEOS to invest $2bn in Saudi petrochemical complex

Britain's INEOS to invest $2bn in Saudi petrochemical complex

The chemical producer will rely on Saudi Aramco and Total's $5bn joint venture, called the Amiral petrochemicals project, to supply feedstock to its new plants. The location in Saudi Arabia will give ...

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Goldman Sachs sees oil prices steadying at current levels

JPMorgan Chase & Co. said Monday the chance of a USA recession in the second half had risen to 40 per cent from 25 per cent a month ago. "As long as US tariff issues with China and Mexico remain unr...

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Trade war is heating up and Wall Street is getting nervous — Posthaste

Trade war is heating up and Wall Street is getting nervous — Posthaste

He also keeps threatening to slap tariffs on the $300 billion in Chinese imports untouched by tariffs. In short the trade war hasn't "made America great again". The Morgan Stanley sign is seen at thei...

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Smartphone Shipments: Gloom Continues, Samsung Might Benefit

Smartphone Shipments: Gloom Continues, Samsung Might Benefit

QORVO INC: The radio frequency chipmaker said on May 21 it expects first-quarter revenue to take a $50 million hit due to a halt in shipments to Huawei. But cybersecurity experts worry the ban will h...

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Trump touts trade deal with Britain in visit marked by protests

However, Trump is demanding such a deal in opposition to dominant pro-European sections of the British bourgeoisie, who view trade relations with the European Union, which accounts for almost 50 per...

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Nissan Warns FCA-Renault Merger Would Call for Review of Existing Alliance

Nissan Warns FCA-Renault Merger Would Call for Review of Existing Alliance

Automotive News reported Tuesday that a compromise had been reached between the two companies and the French government that would shuffle the number of board seats around. Renault would also cede on...

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Australia cuts interest rates as economy falters

Australia cuts interest rates as economy falters

The Morrison government wants banks to pass on the benefits of the latest interest rate cut, to benefit home buyers, businesses and farmers. "If you don't get the full rate cut , vote with your fee...

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China's Huawei fights consumer fears at Thai smartphone expo

China's Huawei fights consumer fears at Thai smartphone expo

Foxconn is the largest producer not only for Huawei but for Apple. In particular, Foxconn of Taiwan occupies about 10 percent of Huawei's total purchases. Huawei may be forced to cut down production a...

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Markets surge after Fed signals rate-cut probability

Markets surge after Fed signals rate-cut probability

The brief statement opened a two-day session at the Chicago Federal Reserve meant to shore up the central bank's policies to prepare for the likely possibility that policymakers will eventually confro...

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SEC Sues Kik for Conducting Allegedly Unregistered $100 Million ICO in 2017

Kik allegedly marketed the Kin token as an investment opportunity, telling investors that the digital asset would go up in price due to increased demand and promotion by Kik. Securities regulators aro...

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Cause of death revealed for couple found in Dominican Republic hotel room

The U.S. Department of State confirmed to ABC News that Schaupp-Werner was an American . The couple were scheduled to return to the US that day. They were slated to depart on the same day, and they w...

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Manufacturing feeling the strain of rising trade tensions - ING

In early May, the president threatened to increase tariffs on $200 billion worth of imports from China - which his administration followed through on. The move prompted a broad outcry from USA busines...

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Queen stresses shared values as US President Trump visits UK

Queen stresses shared values as US President Trump visits UK

Trump called the mayor a "stone-cold loser" shortly before he arrived in Britain and has in the past accused him of failing to do enough to stop deadly terror attacks in London. China was also on the ...

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Oil prices fall amid economic slowdown

Oil prices fall amid economic slowdown

Brent crude prices have dropped nearly 20% from their 2018 peak as global supplies tighten following output curbs by OPEC and Russian Federation, as well as a reduction in Iranian and Venezuelan expor...

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Crypto pioneer & owner of BitTorrent pays $4.57 million for lunch with Buffett

Crypto pioneer & owner of BitTorrent pays $4.57 million for lunch with Buffett

The Bloomberg article on Sun's win described a letter from Sun to the general cryptocurrency public, in which he said , "Even one of the most successful investors of all times can sometimes miss ...

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Kia SP2i SUV named Seltos

Kia SP2i SUV named Seltos

Kia Motors marked their Indian debut showcasing the handsome looking SP Concept at the 2018 Auto Expo . Kia has announced that its new small SUV will be dubbed the "Seltos" - which shouldn't...

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RBA announces June cash rate

RBA announces June cash rate

Australian interest rates have been cut to their lowest level in history. The Reserve Bank of Australia has announced it will cut official interest rates by 25 basis points to a new record low of ...

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