Today’s special? Walmart set to unload stake in Asda
WALMART, the world’s biggest retailer, may sell a majority stake in UK supermarket chain Asda.
(Click here to see stock prices for the companies mentioned...
Rogue trader’s abortive career ends with home detention order
A BRITISH stock market trader who caused a trillion-dollar crash on Wall Street in 2010 has been sentenced by an American court to a...
Walking a mile in China’s shoes likely to cost US shoppers dear
US PRESIDENT Donald Trump may figuratively have shot himself in the foot.
Another industry is about to become a casualty of America’s escalating trade war...
Energy exchange group acquires Nasdaq future and options business
ENERGY exchange EEX Group has announced an agreement with US-based Nasdaq Futures (NFX) to buy its futures and options exchange business.
The German-based European Energy...
Oh, my gourd: pumpkins, sweets and costumes make today a monster hit
WANT to hear a scary story…? Well gather round the hearth, children, and consider these facts (well, internet facts, courtesy of the US National...
IMF warns of debt ‘timebomb’ thanks to ‘cheap money’ borrowing policies
THE International Monetary Fund warns that low interest rates are encouraging companies to take on a level of debt that could become a “timebomb”.
The...
The cheese! The cheese! US tariffs hit EU where it will hurt the most
By Hal Williams
OH DEAR, Gromit! The US is set to impose 25 percent tariffs — worth $7.5bn (£6.1bn) — on EU exports of cheese,...
Mega-merger of media giants brings stock moves and criticism
BROADCASTING giants CBS and Viacom are set to merge in a media deal that will see shared ownership of MTV, Comedy Central and Paramount...
Yuan tumbles to lowest level in a decade as US tariffs imposed
THE US has accused Beijing of currency manipulation after the Chinese yuan dropped to its lowest level in more than 10 years.
The rate now...
Max woes continue for Boeing, with production halt mooted
BOEING may halt production of the controversial 737 Max because of the aircraft’s grounding in the wake of two fatal accidents.
(Click here to see...
