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US Ban On New Venezuelan Debt Could Scare Off So-Called Vulture Investors

The Trump administration’s ban on new Venezuelan debt could scare off so-called vulture investors, who are typically hedge funds that swoop into a country’s distressed debt shortly before or in the aftermath of a default with the goal of extracting value from bonds too toxic for most investors. The ban in effect makes it nearly […]

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Grocery Stock Prices Tumble On News That Amazon & Whole Foods Will Be Integrating Their Businesses And Will Immediately Set Lower Prices

US based grocery stock prices immediately tumbled yesterday on the news that Amazon and Whole Foods will be working to integrate their businesses and that come Monday customers will immediately see “lower prices on a selection of best-selling staples across the more than 450 Whole Foods stores. Shares of Kroger, Costco, Sprouts Farmers and Supervalu […]

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Ubers’ Revenue Fuelled By A 150% Year-On-Year Increase In Trips By Uber Passengers Around The World

Ubers’ revenue is staying on course, this as business continued to surge in the second quarter, even as the company became engulfed in scandals that led to the departure of chief executive Travis Kalanick and several senior deputies. The rise was fuelled by a 150 per cent year-on-year increase in trips taken using the Uber […]

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Mounting Evidence Global Markets In Last Stage Of Rallies Before Downturn In Business Cycle

Analysts at Wall Street behemoths HSBC Holdings, Citigroup and Morgan Stanley are seeing mounting evidence that global markets are in the last stage of their rallies before a downturn in the business cycle. The Analysts cite signals including the breakdown of long-standing relationships between stocks, bonds and commodities as well as investors ignoring valuation fundamentals […]

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Jack Ma Alibaba May Soon Reclaim Title Of World’s Most Valuable Online Retailer; A Position Now Held By The Jeff Bezos Controlled Amazon.

Alibaba the Chinese online ecommerce juggernaut, headed by Jack Ma, could soon reclaim the title of world’s most valuable online retailer; a position now held by the Jeff Bezos controlled Amazon. This as Alibaba’s stock rose nearly 5% to an all-time high today after the company reported sales and profits for its second quarter that […]

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Nokia 8 Pushing What It Calls The “Bothie” As The Next Evolution Of The Selfie

Nokia has launched their most important new handset, The Nokia 8, marking the culmination of efforts to bring the once world-beating Finnish telecoms brand into the modern smartphone era dominated by Samsung, Apple and China’s Huawei. The Nokia 8 is pushing what it calls the “bothie” as the next evolution of the selfie, using Nokia’s […]

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What A Scandal, Shonda Rhimes Leaves ABC, Disney For Netflix, As Apple Steps Up Its Game

In a move further demonstrating the power of content in the ongoing subscription streaming battle, Netflix announced this week that it had signed Shonda Rhimes, the prolific television hitmaker, to an exclusive overall deal. Ms. Rhimes, the creator of “Grey’s Anatomy” and “Scandal” — hits for ABC — will bring Shondaland to Netflix in what […]

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Analysts Are Focusing On The Wrong Metrics For SnapChat – Evan Spiegel

Snap share prices are plunging as bigger than expected losses pushed share prices in the company behind Snapchat, down as much as 17 per cent. Slowing user growth and a cautious third-quarter outlook helped fuel the drop, but chief executive Evan Spiegel remained positive, telling analysts they were focusing on the wrong metrics. The site […]

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Average Earnings Of FTSE 100 Chief Executives Dropped 17 Per Cent To $4.5m In 2016,

The chief executives of Britain’s biggest listed companies saw their pay fall on average by nearly £1m last year, following pressure from investors and politicians over the generous packages.  The average earnings of FTSE 100 chief executives dropped 17 per cent to $4.5m in 2016, according to an analysis by the Chartered Institute of Personnel […]

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Amazon Owner Jeff Bezos Back At #2 World’s Richest Man

Amazon owner Jeff Bezos briefly overtook Microsoft co-founder Bill Gates to become the world’s richest man after the value of his stake rose above $85bn.  Amazon’s shares sunk in after-market trading after posting profits at a seven-quarter low. Employees at the leading tech groups are seeing a boom in their stock-based pay unrivalled since the […]

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