ECONOMY AND FINANCE

The tech cold war has begun with Trump's Huawei move


This news was published by : Sydney Morning Herald - Business exactly at 9 min 39 sec ago
This is the moment Huawei has been waiting for. Now China can make its own digital iron curtain.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Powell says he sees 'moderate' risk from corporate debt


This news was published by : ABC Business exactly at 25 min 39 sec ago
Fed Chairman Powell says he sees potential risks from a sharp rise in corporate debt as moderate
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Gold mining reduces infant mortality


This news was published by : MONEYWEB exactly at 28 min 58 sec ago
So does economic development.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

McGahn 'obligated' to follow Trump's instructions not to testify, lawyer says


This news was published by : MARKETWATCH exactly at 33 min 42 sec ago

Former White House counsel Don McGahn is "obligated" to follow President Donald Trump's instructions not to testify before a House panel, his lawyer said in a statement late Monday. "Mr. McGahn remains obligated to maintain the status quo and respect the president's instruction," attorney William Burck said. "In the event an accommodation is agreed between the committee and the White House, Mr. McGahn will of course comply with that accommodation." The House Judiciary Committee has subpoenaed McGahn to testify in a hearing scheduled for Tuesday regarding special counsel Robert Mueller's investigation. House Democrats have suggested they may hold McGahn in contempt if he fails to appear.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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How Builders is fighting back against the French


This news was published by : MONEYWEB exactly at 37 min 19 sec ago
Leroy Merlin is going to have to work hard to compete against the market leader …
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Billionaire paying off students’ loans is known for savvy dealmaking


This news was published by : NEW YORK POST -BUSINESS exactly at 42 min 13 sec ago
Buyout king Robert Smith was wildly generous to the graduates of Morehouse College last weekend — but he’s savvy and hard-nosed when it comes to business. Smith, who runs private-equity giant Vista Equity Partners, wowed college students Sunday when he vowed to pay off the student loan debt of Morehouse College’s Class of 2019, which...
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Richemont sets up virtual shop and scoops up the rewards


This news was published by : MONEYWEB exactly at 44 min 48 sec ago
With brands dating back several centuries, the Swiss-based luxury goods company broke with tradition to open up stores in the huge online shopping space.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

How to be debt-free by retirement


This news was published by : MONEYWEB exactly at 1 hour 2 min ago
Don’t dip into your nest egg.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

More evidence of Matjila overriding the PIC’s investment processes


This news was published by : MONEYWEB exactly at 1 hour 5 min ago
Former PIC CEO said to have signed off on an investment worth billions before the transaction was presented to the PIC.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

You want me to do what?


This news was published by : MONEYWEB exactly at 1 hour 7 min ago
Complex financial arrangements have to be brought into the books.
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If the investment industry can’t protect its clients’ money, then what is its purpose?


This news was published by : MONEYWEB exactly at 1 hour 21 min ago
Risk has changed.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Legg Mason reaches deal with activist hedge fund Trian


This news was published by : MARKETWATCH exactly at Mon, 05/20/2019 - 23:58

Legg Mason Inc. said late Monday it has appointed Nelson Peltz and Ed Garden of activist hedge fund Trian Fund Management to the company's board, effective immediately, increasing the size of the board to 12 from 10. Peltz is Trian's chief executive officer and founding partner, and Garden is Trian's chief investment officer and also a founding partner. Trian Partners owns about 4.5% of Legg Mason's stock. Trian will also get to nominate a third independent director who, pending board approval, will be included as a director nominee on the slate of nominees recommended by the board at the annual meeting. The board will appoint or nominate at least two other independent candidates, the company said. The three new independent directors will replace three incumbent directors, two of whom have reached the company's retirement-age guidelines, it said.The Wall Street Journal on Friday reported that Legg Mason was nearing a settlement with Trian to avoid a proxy fight, with Trian pressuring for cost cuts and other measures.

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Dems seek details on allegation Deutsche Bank blocked Trump-linked SARs


This news was published by : AMERICAN BANKER exactly at Mon, 05/20/2019 - 23:57
Sens. Sherrod Brown, D-Ohio, and Chris Van Hollen, D-Md., called on the bank to explain a report that the private wealth management division quashed anti-money-laundering reports prepared by compliance staff.
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8@eight: Tech stocks dive, ASX set for falls


This news was published by : Sydney Morning Herald - Business exactly at Mon, 05/20/2019 - 23:51
What happened overnight and what's ahead for the ASX.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Four-Year Water Balloon Fight Ends With $31 Million Truce


This news was published by : WALL STREET JOURNAL - US. BUSINESS NEWS exactly at Mon, 05/20/2019 - 23:47
Inventor of Bunch O Balloons received payout after rulings found rival TeleBrands infringed on patents.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

North Carolina has first new bank since the financial crisis


This news was published by : AMERICAN BANKER exactly at Mon, 05/20/2019 - 23:40
American Bank & Trust opened after organizers raised more than $22.5 million.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Slack nearly doubles expected funding from IPO, changes planned ticker


This news was published by : MARKETWATCH exactly at Mon, 05/20/2019 - 23:35

Slack Technologies Inc. said late Monday it expects to raise nearly double the amount it had previously indicated in its initial public offering and changed its proposed ticker symbol. In a filing with the Securities and Exchange Commission, the messaging app company said it plans to raise up to $196.5 million in its IPO, up from a previous "placeholder" figure of $100 million, and registered nearly 117 million shares of stock, a detail missing from its previous S-1 filing in late April. Slack also said it changed its proposed NYSE-ticker symbol to "WORK" from "SK."

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Business Highlights


This news was published by : ABC Business exactly at Mon, 05/20/2019 - 23:34
Business Highlights
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‘Leap of Faith:’ Fifth Third’s Tanner resigning to focus on social causes


This news was published by : AMERICAN BANKER exactly at Mon, 05/20/2019 - 23:23
Teresa Tanner, one of American Banker’s Most Powerful Women in Banking, is stepping down as the bank’s chief administrative officer to focus on larger societal issues, such as helping women in advance in the workplace and creating economic opportunities for minorities and people with disabilities.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

GM Scales Back Maven Ride-Sharing Business


This news was published by : WALL STREET JOURNAL - US. BUSINESS NEWS exactly at Mon, 05/20/2019 - 23:22
General Motors Co.’s Maven car-sharing service will wind down service in eight of the 17 North American cities it currently operates in within the next few months, a GM spokeswoman said.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Merck shares slip as Keytruda fails another clinical trial


This news was published by : MARKETWATCH exactly at Mon, 05/20/2019 - 23:08

Merck & Co. shares slipped in the extended session Monday after the drug maker said its cancer treatment Keytruda failed to meet clinical endpoints in another late-stage study. Merck shares declined 0.7% after hours, following a 0.2% rise to close the regular session at $78.88. In a Phase 3 clinical study, Merck said Keytruda "did not meet its pre-specified primary endpoint of superior overall survival" compared with chemotherapy in a subset of breast cancer patients. In late April, Merck said Keytruda did not show significant improvement over chemotherapy in gastric cancer patients. For the year, Merck shares are up 3.2%, compared with a 13.3% rise in the S&P 500 index .

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CFPB's assistant enforcement chief resigns: Sources


This news was published by : AMERICAN BANKER exactly at Mon, 05/20/2019 - 23:02
Kristen Donoghue had been one of the agency's few remaining senior enforcement managers hired by former Director Richard Cordray.
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American Airlines Sues Mechanics Unions


This news was published by : WALL STREET JOURNAL - US. BUSINESS NEWS exactly at Mon, 05/20/2019 - 23:02
American Airlines said Monday that it is suing two unions representing its mechanics in an effort to end an alleged work slowdown.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Snap Finishes Overhaul of Leadership Team


This news was published by : WALL STREET JOURNAL - US. BUSINESS NEWS exactly at Mon, 05/20/2019 - 22:56
Snap promoted two executives internally to run its finance and personnel units, respectively, completing Chief Executive Officer Evan Spiegel’s remaking of the leadership team after a series of recent departures.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Wall Street falls, ASX set to slide as worries about Huawei fallout mount


This news was published by : Sydney Morning Herald - Business exactly at Mon, 05/20/2019 - 22:52
Tech companies tumble on the back of the US crackdown on China's Huawei, and the falls are set to feed through to the Australian sharemarket.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Ascena's Dressbarn to Shut Down


This news was published by : WALL STREET JOURNAL - US. BUSINESS NEWS exactly at Mon, 05/20/2019 - 22:52
Dressbarn, a unit of Ascena Retail Group, plans to eventually close its roughly 650 stores.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Ann Taylor parent Ascena to close Dressbarn


This news was published by : MARKETWATCH exactly at Mon, 05/20/2019 - 22:41

Ascena Retail Group Inc. said late Monday it will wind down operations of its Dressbarn brand, closing down about 650 stores. Plans for the store closings will be disclosed later on, the company said. The decision to close Dressbarn has "no impact" on the operations of any of Ascena's other brands, which include Ann Taylor and Lane Bryant, and "will strengthen the company's overall financial performance," Ascena said. "Dressbarn's wind down is another significant step taken to advance Ascena's ongoing transformation. This move is in line with the company's commitment to comprehensively assess and optimize its portfolio by focusing resources on its most profitable brands to position the business for long-term growth and enhance shareholder value," the company said in a statement. Ascena shares rose 2.6% in the extended session after ending the regular trading day down 9.5%.

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Blue Apron latest to suffer in tough meal kit market


This news was published by : ABC Business exactly at Mon, 05/20/2019 - 22:40
Blue Apron, faced with delisting, is latest to suffer in tough meal kit market
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Carvana launches debt, equity offer


This news was published by : MARKETWATCH exactly at Mon, 05/20/2019 - 22:31

Carvana Co. said late Monday it launched an offering of shares and debt for general corporate purposes. The used-car buying online company is looking to sell 3.5 million shares plus rights for the underwriters to buy additional shares. Wells Fargo Securities and Citigroup are among the underwriters. Carvana is also offering $250 million of additional 8.875% senior notes due 2023 in a private offering, the company said. Shares of Carvana fell more than 4% in the extended session after ending the regular session down 1.4%.

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Sprint and Qiagen rise while Apple and Dish decline


This news was published by : ABC Business exactly at Mon, 05/20/2019 - 22:30
Sprint and Qiagen rise while Apple and Dish decline
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Marvell to buy Avera IC business from Global Foundries for $650 million


This news was published by : MARKETWATCH exactly at Mon, 05/20/2019 - 22:27

Marvell Technology Group Ltd. said late Monday that it plans to buy Avera Semiconductor from Santa Clara, Calif.-based Global Foundries for $650 million in cash. Avera is the application-specific integrated circuit business of Global Foundries. "With their highly experienced design team and Marvell's leading technology platform, we will be better positioned to capitalize on our expanding opportunity in wired and wireless infrastructure, starting immediately in the fast growing 5G base station market," said Marvell Chief Executive Matt Murphy in a statement. Marvell, which expects to close the transaction by the end of January, said Global Foundries will also be eligible for an additional $90 million in cash "if certain business conditions are satisfied within the next 15 months." Marvell shares rose 1.9% after hours, following a 3.9% drop to close the regular session at $21.74.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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'Game of Thrones' Finale Sets HBO Ratings Record


This news was published by : WALL STREET JOURNAL - US. BUSINESS NEWS exactly at Mon, 05/20/2019 - 22:26
“Game of Thrones” set an HBO ratings record Sunday night as 19.3 million viewers tuned in to watch the epic’s final episode in the U.S.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Stocks close close down for second straight session as trade concerns persist


This news was published by : MARKETWATCH exactly at Mon, 05/20/2019 - 22:07

U.S. stocks closed lower Monday, with technology shares leading major benchmarks to their second straight losing session. The S&P 500 fell roughly 0.7% to end at 2,840, while the Dow Jones Industrial index shed 0.3% to about 25,679. The Nasdaq Composite index retreated 1.5% to approximately 7,702. Concerns over U.S.-China trade relations deepened after U.S. technology companies began complying with new export restrictions instituted last week by the Trump administration against China's Huawei Technologies Inc. Chip makers, including Qualcomm Corp. and Intel Inc. , were dragged lower as they reportedly froze supplies of components to Huawei. Meanwhile, media reports over the weekend suggested that the U.S. and China are at an impasse in trade negotiations, with the timing of the next meeting between leaders of the world' largest economies still undecided. In corporate news, shares of Sprint Corp. rose 18.5% after FCC Chairman Amit after Federal Communications Chairman Ajit Pai issued a statement Monday endorsing its planned merger with T-Mobile US Inc. , though a report Monday afternoon suggested the Justice Department may take a more skeptical stance to the takeover.

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Most of Juul’s Twitter followers are teens who can’t buy e-cigs


This news was published by : NEW YORK POST -BUSINESS exactly at Mon, 05/20/2019 - 22:06
Almost half of the people who followed Juul Labs Inc on Twitter last year were not old enough to legally purchase e-cigarettes in the United States, according to a study published on Monday. Researchers analyzed data collected in April 2018 on public followers of Juul’s Twitter account (@JUULvapor) with at least one public tweet. About...
Newsitem placed in category/categories :: ECONOMY AND FINANCE

States could solve beneficial ownership issue: OCC's Otting


This news was published by : AMERICAN BANKER exactly at Mon, 05/20/2019 - 21:56
Banks would be better able to comply with anti-money-laundering laws if all 50 states collected information on the owners of new corporations and published it in a national database, Comptroller Joseph Otting said Monday.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

American Airlines sues unions, accusing workers of slowdown


This news was published by : ABC Business exactly at Mon, 05/20/2019 - 21:56
American Airlines is suing two unions and accusing their mechanics of conducting an illegal work slowdown
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Pricey San Francisco bank deal could motivate others to sell


This news was published by : AMERICAN BANKER exactly at Mon, 05/20/2019 - 21:53
The Bay Area is a booming market with a limited number of smaller banks. The high premium Presidio is receiving from Heritage Commerce might spark more M&A activity.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Fed's Williams Says It's 'Good' Economy Can Have Strong Job Market Without Inflation


This news was published by : WALL STREET JOURNAL - US. BUSINESS NEWS exactly at Mon, 05/20/2019 - 21:47
New York Fed leader John Williams said Monday the central bank’s views on how low the unemployment rate can go without sparking inflation have evolved.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

White House blocks McGahn from testifying to Congress


This news was published by : MARKETWATCH exactly at Mon, 05/20/2019 - 21:34

President Donald Trump has directed ex-White House Counsel Don McGahn not to testify before a House Judiciary Committee hearing, the White House said Monday. In a letter to Judiciary Committee Chairman Jerrold Nadler, current White House Counsel Pat Cipollone said McGahn is "absolutely immune from compelled congressional testimony" related to his service as a former Trump adviser. Nadler had subpoenaed McGahn and is seeking information related to Special Counsel Robert Mueller's investigation.

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'Bring this trade war to an end': Nike, Adidas send open letter to Trump


This news was published by : Sydney Morning Herald - Business exactly at Mon, 05/20/2019 - 21:28
Nike , Adidas and other footwear giants urged President Donald Trump to reconsider his "catastrophic" tariffs on shoes made in China.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Biocept's stock soars on heavy volume after commercial launch of liquid biopsy test for lung cancer


This news was published by : MARKETWATCH exactly at Mon, 05/20/2019 - 21:07

Shares of Biocept Inc. soared 86% on very heavy volume Monday, after the provider of liquid biopsy tests announced the commercial launch of Target Selector NGS Lung Panel, the liquid biopsy panel developed for lung cancer. Trading volume spiked to 60.9 million shares, compared with the full-day average of about 733,000 shares. "The Target Selector™ NGS Lung Panel will be marketed to physicians and researchers, and can be used to detect and monitor actionable biomarkers associated with lung cancer," the company said in a statement. The stock was still down 73% over the past 12 months, while the S&P 500 has gained 4.5%.

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'The status quo is over': FHFA chief vows quick action on GSEs


This news was published by : AMERICAN BANKER exactly at Mon, 05/20/2019 - 21:04
Mark Calabria said he wants Fannie Mae and Freddie Mac to take preliminary steps by Jan. 1 toward exiting conservatorship.
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Sprint's stock pulls back after Bloomberg report DOJ was leaning toward not approving T-Mobile U.S. merger


This news was published by : MARKETWATCH exactly at Mon, 05/20/2019 - 20:51

Shares of Sprint Corp. took an afternoon dip Monday, but was still 16%, after Bloomberg reported that the Department of Justice is leaning against approving T-Mobile U.S. Inc.'s buyout of the telecommunications company. The stock had rocketed as much as 27.8% in intraday trade Monday, after the Federal Communications Commission Chairman Ajit Pai said he planned to recommend the merger, after the latest commitments made by the companies. The Bloomberg report, which cited one person familiar with the DOJ review, said the reason the DOJ was leaning against approving the merger was because the remedies proposed by the companies don't go far enough to resolve antitrust concerns. Meanwhile, T-Mobile U.S.'s stock was up 2.5%, after being up as much as 7.4% earlier. The SPDR Communications Services Select Sector ETF was down 1.7% and the S&P 500 fell 0.8%.

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Pakistani central bank lifts interest rate as inflation bites


This news was published by : ARAB ECONOMY exactly at Mon, 05/20/2019 - 20:47
Mon, 2019-05-20 21:20

ISLAMABAD: Pakistan’s central bank raised its key interest rate to 12.25% on Monday, warning that already soaring inflation risked further rises on the back of higher oil prices and reforms required for a bailout from the International Monetary Fund.
The 150 basis points increase follows a preliminary agreement last week with the IMF for a $6 billion loan that is expected to come with tough conditions, including raising more tax revenues and putting up gas and power prices. It was the eighth time the central bank has increased its main policy rate since the start of last year.
With economic growth set to slow to 2.9% this year from 5.2% last year, according to IMF forecasts, the rate rise adds to pressure on Prime Minister Imran Khan, who came to power last year facing a balance of payments crisis that has now forced his government to turn to the IMF.
Higher prices for basic essentials including food and energy has already stirred public anger but the central bank suggested there was little prospect of any immediate improvement.
Noting average headline inflation rose to 7% in the July-April period from 3.8 percent a year earlier, the central bank said recent rises in domestic oil prices and the cost of food suggested that “inflationary pressures are likely to continue for some time.”

 

It said it expected headline inflation to average between 6.5% and 7.5% for the financial year to the end of June and was expected to be “considerably higher” in the coming year. Expected tax measures in next month’s budget as well as higher gas and power prices and volatility in international oil prices could push inflation up further, it said.
It said the fiscal deficit, which the IMF expects to reach 7.2% of gross domestic product (GDP) this year, was likely to have been “considerably higher” during the July-March period than in the same period a year earlier due to shortfalls in revenue collection, higher interest payments and security costs.
Despite some improvements, financing the current account deficit remained “challenging” and foreign exchange reserves of $8.8 billion were below standard adequacy levels at less than the equivalent of three months of imports.
The central bank said it was watching foreign exchange markets closely and was prepared to take action to curb “unwarranted” volatility, after the sharp fall in the rupee over recent days that saw the currency touch a record low of 150 against the US dollar.
Details of what Pakistan will be required to do under the IMF agreement, which must still be approved by the Fund’s board, have not been announced but already opposition parties are planning protests.
As well as higher energy prices that will hit households hard, there are also expectations of new taxes and spending cuts in next month’s budget to reach a primary budget deficit — excluding interest payments — of 0.6% of GDP.
With the IMF forecasting a primary deficit of 2.2% for the coming financial year, that implies squeezing roughly $5 billion in extra revenues from Pakistan’s $315 billion economy, which has long suffered from problems raising tax revenue.

Main category: Business & Economy Pakistan central bank raises key policy rate to 10.25 percentPakistan central bank cuts rate to 8%
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Pastor sues Wells Fargo, says negligence led to forgery charge


This news was published by : AMERICAN BANKER exactly at Mon, 05/20/2019 - 20:43
A Wells Fargo customer was interrogated, fingerprinted and mistakenly arrested for check forgery after a series of mistakes on the bank's part. He was cleared, and Wells says it made an error, but they are now fighting in civil court.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Game of Thrones: Economics of mercy and other final lessons


This news was published by : ABC Business exactly at Mon, 05/20/2019 - 20:41
Game of Thrones: Bran's charisma deficit, the wisdom of putting a fox in charge of the henhouse and the benefits of mercy
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Disney reiterated as outperform at Imperial ahead of analyst day on new Star Wars theme park


This news was published by : MARKETWATCH exactly at Mon, 05/20/2019 - 20:08

Imperial Capital reiterated its outperform rating on Walt Disney Co. stock on Monday, ahead of the entertainment giant's next investor day scheduled for Wednesday that will introduce analysts to the new Star Wars Galaxy Edge theme park. Analyst David Miller maintained his stock price target of $147, or 9% above its current trading level, and said he expects the park due to open at the end of the month in Anaheim, Calif. to enjoy extremely high volumes, which are already built into his park estimates for the third and fourth fiscal quarters, as well as for fiscal 2020.The Anaheim park is smaller in scale than the one Disney is building in Orlando, Fla, but it means the company will have the benefit of two big park events on both coasts in one calendar year. Outside of the park news, Disney is facing higher losses at Hulu, in which it now owns a 70% stake, with a new put/call arrangement with Comcast Corp. for the remaining shares. Miller shaved 4 cents off his fiscal 2020 GAAP EPS estimate to reflect the bigger stake. Disney has a path to profitability for the streaming service, which has 25 million subscribers. Disney shares were down 1.2% Monday, but have gained 22% in 2019 to date, while the S&P 500 has gained 13% and the Dow Jones Industrial Average , which counts Disney as a member, has gained 10%.

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Ford cutting 7,000 white-collar jobs despite healthy profits


This news was published by : NEW YORK POST -BUSINESS exactly at Mon, 05/20/2019 - 20:00
Ford is cutting about 7,000 white-collar jobs, which would make up 10 percent of its global workforce. The company has said it was undertaking a major restructuring, and on Monday said that it will have trimmed thousands of jobs by August. The company said that the plan will save about $600 million per year by...
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Why you should not cash out your pension fund early


This news was published by : MONEYWEB exactly at Mon, 05/20/2019 - 19:38
John Manyike – Head of Financial Education, Old Mutual
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Minority shareholders urge PIC to block Sibanye/Lonmin deal


This news was published by : MONEYWEB exactly at Mon, 05/20/2019 - 19:35
Wilhelm Hertzog - Portfolio Manager, Rozendal Partners
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Equipment sales uptick could not improve Barloworld revenue


This news was published by : MONEYWEB exactly at Mon, 05/20/2019 - 19:31
Dominic Sewela – CEO, Barloworld
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Leadership change leads to positive Adcorp results


This news was published by : MONEYWEB exactly at Mon, 05/20/2019 - 19:29
Innocent Dutiro – CEO, Adcorp
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Maize shortages cuts Pioneer Foods earnings, shares


This news was published by : MONEYWEB exactly at Mon, 05/20/2019 - 19:26
Tertius Carstens – CEO, Pioneer Food Group
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Market Watcher


This news was published by : MONEYWEB exactly at Mon, 05/20/2019 - 19:22
Gary Booysen - Portfolio Manager, RandSwiss
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Prevalence of ATMs drops worldwide


This news was published by : AMERICAN BANKER exactly at Mon, 05/20/2019 - 19:22
In the wake of the economic crisis, Paul Volcker called automated teller machines the last financial innovation that improved society. A decade later, their popularity is slipping.
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Google herroep Huawei se Android lisensie


This news was published by : MONEYWEB exactly at Mon, 05/20/2019 - 19:17
Jan Vermeulen, algemene redakteur by MyBroadband.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

After elections, oil marketing firms hike petrol, diesel prices


This news was published by : The Hindu Economy exactly at Mon, 05/20/2019 - 19:17
Petrol prices rise 8-10 p, diesel rates climb 15-16 p: IOCL data
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After elections, oil marketing firms hike petrol, diesel prices


This news was published by : The Hindu Biz. exactly at Mon, 05/20/2019 - 19:17
Petrol prices rise 8-10 p, diesel rates climb 15-16 p: IOCL data
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Lank leef SA se goudmyne


This news was published by : MONEYWEB exactly at Mon, 05/20/2019 - 19:17
Adriaan Kruger, joernalis met Moneyweb.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

‘Centre must rein in high airfares’


This news was published by : The Hindu Biz. exactly at Mon, 05/20/2019 - 19:16
Travel agents take up the cause of air passengers
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BPCL Q4 net rises 16.2%, HPCL’s up 70%


This news was published by : The Hindu Biz. exactly at Mon, 05/20/2019 - 19:16
Inventory gains, rupee appreciation negate dip in gross refinery margins
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Minderheidsaandeelhouers probeer Sibanye/Lonmin ooreenkoms stuit


This news was published by : MONEYWEB exactly at Mon, 05/20/2019 - 19:16
Wilhelm Hertzog, Stigtersvennoot en Fondsbestuurder by Rozendal Partners.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Third party motor insurance premium to get pricier as IRDAI revises rate card


This news was published by : The Hindu Biz. exactly at Mon, 05/20/2019 - 19:15
No change in long-term rates for new cars, two-wheelers; 15% discount for private electric vehicles
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Die bestandele van ‘n kabinet wat ‘n ekonomie sal laat groei


This news was published by : MONEYWEB exactly at Mon, 05/20/2019 - 19:15
Hugo Pienaar, senior ekonoom by die Buro vir Ekonomiese Navorsing.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Pioneer Foods se halfjaar verdienste daal


This news was published by : MONEYWEB exactly at Mon, 05/20/2019 - 19:14
Pioneer se Bestuurshoof, Tertius Carstens.
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Merc unveils E-Class sedans for BS VI fuel


This news was published by : The Hindu Biz. exactly at Mon, 05/20/2019 - 19:14
Mercedes-Benz India has launched BS VI Long Wheelbase E-Class luxury business sedan. It is now available in E 200 and E 220 d in two new variants: E
Newsitem placed in category/categories :: ECONOMY AND FINANCE

‘Millennials ruling the roost’


This news was published by : The Hindu Biz. exactly at Mon, 05/20/2019 - 19:14
Brands must strategise on content buyers like to pass on
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Markoorsig


This news was published by : MONEYWEB exactly at Mon, 05/20/2019 - 19:13
Nerina Visser, Beursverhandelde Fonds Beleggings-strateeg by etfSA .
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Flash says Enfield violated patent


This news was published by : The Hindu Biz. exactly at Mon, 05/20/2019 - 19:12
Regulator Rectifier device converts AC into DC in motorcycle engines
Newsitem placed in category/categories :: ECONOMY AND FINANCE

Tesla’s stock tanks after analyst blasts Musk’s ‘sci-fi projects’


This news was published by : NEW YORK POST -BUSINESS exactly at Mon, 05/20/2019 - 18:56
Tesla’s stock tumbled to a 30-month low after an analyst claimed Elon Musk’s distraction with “sci-fi projects” has plunged the electric-car maker into a “code red situation.” Wedbush Securities’ Dan Ives on Monday cut his price target for Tesla shares to $230 from $275, saying Musk must focus on simplifying the company’s business model and...
Newsitem placed in category/categories :: ECONOMY AND FINANCE

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