Talk about a solid track record. Four stocks in the S&P 500 — Nvidia, Broadcom, Reynolds American and Fiserv — have risen by more than 15 percent in each of the last four years. In 2017, the four are rising even faster: more than 20 percent. Nvidia has seen explosive gains, having risen over 1,000 […]
Read moreDoomsday predictions for China’s economy have a long history, but most are looking at the wrong scenario, Michael Buchanan, head of strategy at Singapore wealth fund Temasek, said on Thursday. “If you’re using the metrics from the Asia crisis, you’re going to get the wrong answer,” Buchanan said at the DBS Institutional Investor Symposium in […]
Read moreIn Charlotte, North Carolina, mother-son duo Julie and Michael Chambers are watching their small business, Melt in Your Mouth, come to life. The cupcake store they opened more than two years ago now has four employees, and they’re hoping to open up additional locations. But chief among their concerns is the tax burden they face. […]
Read moreAT&T is on pace to invest around $22 billion in the United States this year, CEO Randall Stephenson told CNBC on Thursday. Stephenson is among the tech leaders heading to the White House later Thursday to meet with President Donald Trump to discuss the potential impact of emerging technologies on U.S. industrial workers. Ahead of […]
Read moreChina will introduce a national standard for the use of English language on public signage, in its latest bid to say farewell to widely mocked – and often widely loved – poor translations and “Chinglish”. The new policy, which comes into effect on December 1, will establish guidelines for English translations in 13 areas, including […]
Read moreFoxconn, the world’s largest contract electronics maker and a major Apple supplier, plans to invest more than $10 billion in a display-making factory in the United States and will decide on the location of the plant next month. The Taiwan-based firm has been eyeing U.S. investments for some time and its CEO, Terry Gou, had […]
Read moreWith bond yields globally in the dumps, Singapore’s wealth fund GIC is looking at unconventional sources for fixed income returns, Liew Tzu Mi, GIC’s chief investment officer for fixed income, said on Thursday. For one, she pointed to selective emerging markets for fixed income investments. “In a generally low interest rate environment, if you do […]
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IN A corner of the state of Uttar Pradesh (UP) stands a gleaming building dedicated to animal slaughter on an industrial scale. Neatly mown lawns lead the way to a corral for hundreds of the curly-horned Murrah buffalo typical of the region. Nearby is a lorry-sized, stainless-steel machine in which the animals are killed. A […]
Read moreBlockchain, a bitcoin wallet start-up, has raised $40 million led by venture capital firm Lakestar, Google’s investment arm GV, and billionaire Richard Branson, the company said on Thursday. The investment comes at a time of rising interest in cryptocurrencies, especially bitcoin, which recently hit a record high and has seen a massive rally since the […]
Read moreCurrency, United States Finance
Amid Apple dispute, chip designer Imagination Technologies puts itself up for sale
British chip designer Imagination Technologies announced it had put itself up for sale on Thursday, weeks after the group launched a formal dispute against Apple. While Imagination said it was “progressing well” having attracted buyer interest, the U.K.-based firm confirmed it “remains in dispute with Apple”. In April, the Silicon Valley giant announced it would […]
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