Some of the biggest technology firms on Wall Street are poised to announce earnings this week though finding a favorite among them is akin to a parent specifying their favorite child, Ben Rogoff, Polar Capital Fund Manager, told CNBC on Monday. Of the four so-called FANG stocks, three are reporting this week: Alphabet, Facebook and […]
Read moreEuro zone businesses started the second half of 2017 with solid growth, though declining inflation pressures could put paid to expectations of a stimulus clawback by the ECB later this year, a survey found on Monday. Years of ultra-easy policy may be bolstering growth, but inflation is still nowhere near the European Central Bank’s 2 […]
Read moreActor Dwayne “The Rock” Johnson has worked with some of the biggest names in Hollywood. His latest co-star, Apple’s Siri voice assistant, is a relative newcomer to the big screen. Johnson, a former wrestling superstar, teamed up with Apple for a new commercial which was released on Monday. “The Rock x Siri Dominate The Day” […]
Read moreCurrency, United States Finance
Big 3 German carmakers' shares slide amid allegations of industrial collusion
Shares in the top three German carmakers dropped sharply on Monday after it was reported that EU antitrust officials had started investigating a possible breach of regulatory standards. Volkswagen, BMW and Daimler all slumped towards the bottom of the autos sector shortly after Monday’s opening bell. BMW fell more than 2 percent while Volkswagen and […]
Read moreGiant state-owned telecom China Unicom said Sunday that talks with potential strategic investors are ongoing and that no binding agreements have yet been reached. That follows reports last week that a number of private tech giants, including Baidu and Tencent, would jointly invest $12 billion into the company. That would represent much more than just […]
Read moreSome of the biggest technology names on Wall Street are set to announce earnings this week that could potentially bring the tech sector’s rally to a crashing halt. Of the four so-called FANG stocks, three are reporting this week: Alphabet, Facebook and Amazon. Google parent company Alphabet’s quarterly earnings report could be a bellwether for […]
Read moreSoutheast Asian ride-hailing company Grab said it expects to raise about $2.5 billion in fresh funds from China’s Didi Chuxing, Japan’s Softbank Group and others to bolster dominance in the region and grow its fledging mobile payments business. Didi Chuxing, the Chinese ride-hailing platform that has triumphed over Uber in the mainland market, and SoftBank […]
Read moreVietnam stopped a company from exploring for energy in contested waters of the South China Sea after taking threats from Beijing, the BBC reported early on Monday. Talisman-Vietnam, a subsidiary of Spanish energy firm Repsol, commenced gas-drilling operations in an area about 400 kilometers off Vietnam’s coast earlier this month, but Hanoi has since ordered […]
Read moreDespite cutting the economic growth outlook for the U.S. and U.K., the International Monetary Fund kept its global growth forecast unchanged on expectations the euro zone and Japanese growth would accelerate. In the July update of its World Economic Outlook, the IMF forecast global economic growth of 3.5 percent for 2017 and 3.6 percent for […]
Read moreLike most academics, biology researcher Dr Jose Pastor-Pareja relies heavily on Google’s search engine, using it “every 10 minutes”, he says. But access to this resource is not guaranteed as he works at Tsinghua University in China – where the government has been tightening what are already among the strictest controls over the internet in […]
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