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.
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.
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.
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.
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.
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
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
Berkshire Hathaway chairman Warren Buffett (right) is close to the Obama Administration. He supported Obama ahead of his first Presidential Election and is a confidant on important economic issues. Buffett has also been the flag waver for a proposal to ensure every American earning over $1m pays 30% of it in tax. But if media … Read more
By Shaun Murison South Africa’s fourth largest bank is set to report interim results on the 5th of August 2014. The Nedbank Group uses nominal gross domestic product (GDP) growth as its benchmark in terms of a target for its own headline earnings per share (HEPS) growth. When we consider the South African Reserve Bank’s (SARB) … Read more
By Shaun Murison* Anglo American Plc is the fifth largest diversified mining company in the world in terms of market capitalisation with a primary listing in London (Ftse) and a secondary listing in South Africa (JSE). The company is set to release 2014 interim results on the 25th July 2014. Anglo American Plc recently released … Read more
By Shaun Murison* Apple has emerged as one of the most widely recognised brands in the world with a loyal consumer following of its premium electronic offering. It is now the largest globally listed company in terms of market capitalization and is scheduled to release 3Q2014 earnings on Tuesday 22 July. Historically, 3rd quarter revenues for Apple … Read more