Tencent Looks Abroad as Beijing Tightens the Screws at Home With its credit in Beijing taking a steep nosedive, Tencent’s overseas expansion can soften the blow from regulatory ire at home.
Scottish public spending deficit doubles to £36bn Spending on public services rose to almost £100bn as revenue fell due to the Covid pandemic.
Roblox, Facebook See the 'Metaverse' as Key to the Internet's Next Phase The battle over the ‘metaverse’—a nascent online world where people exist in shared virtual spaces through avatars—is heating up.
Nando's hopes to fully reopen from Saturday after supply shortage The chain had to shut about 50 restaurants due to food shortages thought to include its signature peri-peri chicken.
Historical Migration, Vitamin D Deficiency, and Health In an interesting new paper, Andersen et al. (2021) use the Putterman-Weil historical migration index to show that life-expectancy is lower in countries where a large proportion of that country’s population emigrated from places with more sunlight (UV-R).
T-Mobile Says Hackers Stole Details on More Than 40 Million People The cellphone carrier said the stolen data included first and last names, birth dates, social-security numbers and driver’s license information from a subset of current and potential customers.
NZD Surprise by RBNZ, SNB Focus on EUR/CHF Drop to Rise EUR/CHF downside limited from current levels. RBNZ provides NZD surprise
Just Eat Takeaway.com Gets Lost in Translation The European food-delivery company, which acquired Grubhub in June, has faced criticism over its communication with investors.
Target, Alibaba, Moderna: What to Watch When the Stock Market Opens Today Fed minutes due Wednesday could clarify when the central bank will begin to tighten policy.
US MBA mortgage applications w.e. 13 August -3.9% vs +2.8% prior Latest data from the Mortgage Bankers Association for the week ending 13 August 2021 - +2.8% - Market index 725.4 vs 754.8 prior - Purchase index 249.9 vs 252.0 prior
BuzzFeed Clashed With NBCUniversal as It Pursued SPAC Deal Chief Executive Jonah Peretti of BuzzFeed signed off on terms that could put more pressure on the company if its shares don’t rise. He is confident that investors and partners will be pleased with the results.
Michael Hudson: Biden Forfeits His Afghan Victory by Defending His Deep State Advisors Biden gave a bizarre justification of the horrifically mismanaged US exit from Afghanistan, revealing his capture by intel incompetents.
CalPERS Comes Dead Last of 34 Public Pension Returns Despite Having Biggest, Best Paid Investment Office Despite having the most heavily staffed and luxuriously paid investment office of any public pension fund, CalPERS scored the worst investment returns of any of 34 funds tracked by Pensions & Investments.
Franco Manca owner planning big UK and overseas expansion Restaurant group Fulham Shore plans to open up to 150 new outlets amid continued strong trading.
Target Sales Increase as Shoppers Return to Stores The retail chain said that foot traffic rose 12.7% in the July quarter and that it was prepared for volatility from the Delta variant.
Pork Giant's Shares Tumble After Father-Son Feud Intensifies WH Group’s stock fell 11% after the son of the Chinese company’s billionaire chairman publicly accused his father of financial misdeeds.
Northern English regions drive house price growth Wales also records rapid rises as the UK sees property prices go up at the fastest rate for 17 years.
U.S. Senators Urge FTC to Probe Tesla's Autopilot Claims Two Democratic lawmakers fault Tesla and Elon Musk for “repeated overstatements” of vehicle capabilities.
Kiwi's post-RBNZ resilience starting to be challenged NZD/USD falls by 0.5% to 0.6890 in European trading While the figure level is key, there is still daily support from the 20 July low at 0.6880. But a firm break (daily close especially) below that, and that opens up a potential fresh downside leg for the pair despite the RBNZ keeping a more optimistic outlook.
Weather shocks in Brazil ripple across global commodities markets Products ranging from coffee to oranges have been affected by drought and chilly temperatures
FX option expiries for 18 August 10am New York cut A look at what is on the board for today Not much to take note of for the day besides one for USD/JPY, as highlighted in . bold Even then, with price action in the pair more subdued and largely dictated by bond yields, it might not offer much interest.
For Robot Trucks, Navigating Highways Is Just One Bump in the Road Investors have rushed into startups that promise to have big rigs drive themselves, but a path to commercial markets remains a major challenge.
Rift Forms on Didi's Board Following Beijing's Regulatory Assault A rift has developed among the top executives of three of China’s internet giants, in the wake of Didi Global’s decision to go public in New York.