Stock markets are looking up as US-China trade war risk ebbs
President Donald Trump is increasingly eager to strike a deal with China soon in an effort to perk up financial markets that have slumped on concerns over the trade war.
Global Investing
All the latest product and investment news about the world’s biggest companies, including Apple, Google, Facebook, Amazon, Vodafone, Barclays, Deutshe Bank, Goldman Sachs, Tesla, and Netflix.
Samsung shares Apple’s pain as tech slowdown intensifies
Samsung’s quarterly profit and revenue missed estimates on sputtering demand for memory chips during the last three months of 2018, the same period when Apple saw anaemic sales in China.
AB InBev in Zimbabwe government crosshairs as funds run dry
World-leading brewer AB InBev is caught between a rock and a hard place in Zimbabwe as it struggles to pay some international suppliers.
Bargain hunters eye Apple after sales stunner sends stock reeling
Apple cut its revenue outlook for the first time in almost two decades citing weaker demand in China, triggering a slump for Asian suppliers and a wave of lower price targets on Wall Street.
The ripples of disruption: Uber blows a hole in airport finances
A recent article in The Economist detailing how US airports were losing car rental and parking revenues due to Uber and Lyft.
Morgan Stanley sees hope for battered EM bonds
In what could be a sign of things to come in 2019, Morgan Stanley is feeling more bullish about emerging markets.
BANNED from boards! Glencore boss gets hit for cooking the books
Glencore’s billionaire head of copper trading, Aristotelis Mistakidis, was among executives fined and banned from being a director by Canada after admitting that its Congolese copper and cobalt unit misstated how much metal it mined.
Naspers buys into Byju, India’s hottest edtech startup
Byju’s more than doubled its valuation to $3.6bn after a funding round led by Naspers Ventures and the Canada Pension Plan Investment Board.
Potash perks up, sparking BHP dilemma on $20bn project
A group of BHP investors may go potty if the company decides to hang onto a $20bn Canadian potash mining project.
Musk’s disrespect for SEC a risk for Tesla investors: Old Mutual
Old Mutual says investors should consider non-financial indicators, such as governance, to be just as meaningful as financial indicators.