Want to know why the oil price keeps falling? Here’s the reason.
Oil production in America is back to where it was in 1986 – and still rising. As fracking gathers momentum elsewhere, long-term implications are obvious.
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.
Low oil price threatens solidarily ahead of this week’s OPEC meeting
The days when OPEC members could almost guarantee consensus when deciding production levels for oil are long gone, according to a veteran of almost two decades of the group’s meetings.
US asset management firm: Chinese debt timebomb ticking away
Bad debts in China are well underestimated because authorities persist in propping up weak companies and bailing out local investors.
Blackstone follows Buffett’s “forever” lead, changes Private Equity rules
Blackstone Group LP has reached out to its biggest fund investors about investing in a new investment vehicle with a longer investment horizon.
How Michael Jackson Made $150 Million in 2014
Jamie Salter, the branding guru who owns a majority of Elvis’s estate, is planning a “live” show in Las Vegas with Presley appearing as a hologram, much like the one of Michael Jackson that appeared at a show in Sin City earlier this year.
Asia stocks sag while Japan rebounds, euro dips
Asian stocks sagged on Tuesday amid profit taking in Hong Kong and Chinese markets, while Tokyo shares rebounded on expectations that Japan will opt for a snap election that may lead to fresh stimulus measures.
Bad day beckons for markets: Tokyo shares lose 2.6% as Japan enters recession
The world’s number three economy shrank 0.4 percent in the September quarter, annualised 1.6 percent, marking the second straight quarter of contraction.
Introducing the Biznews portfolio – An ETF and four stocks
After decades of resistance, I’ve now joined the “invest offshore” camp with the compilation of the Biznews portfolio. Here it is – four stocks and an ETF.
AliBaba overpriced, but have a look at Xiaomi – Hong Kong tech analyst
The newest Chinese sensation to hit Wall Street, online auction business AliBaba.com, yesterday became the biggest IPO in history when underwriters took up additional shares, taking its total fund raising to $25bn. AliBaba’s share price surged to 40% above the listing level and demand for the stock remains strong. In CNBC Africa Power Lunch today … Read more
Reflating European style: ECB cuts rates to 0.05% as growth evaporates
It’s not quite Quantitative Easing, but Europe’s surprise interest rate cut today is not far from it. Spontaneous comments made at the recent Jackson Hole meeting suggested ECB chief Mario Draghi was ready to implement the kind of asset buying programme that has pulled the US out of its funk. But fear of high inflation … Read more