Sustainable finance: What a difference a decade makes
This year’s award season has been a true eye-opener in showing just how far the financial industry has come in sustainable finance and corporate responsibility. There have been reams (digital eco-friendly reams, of course) of pitches on achievements, ranging from...
Billionaire tech investor Peter Thiel bets on crypto start-up Block.one
Venture capitalist Peter Thiel is placing a new bet in the crypto space. The early Facebook investor was a part of Cayman Islands start-up Block.one’s most recent funding round announced Monday. The company recently raised a record $4 billion to...
Institutional money is growing the crypto space, says Coinbase vice president
Institutional investments in cryptocurrency are helping to grow the industry, Coinbase Vice President and General Manager Adam White told CNBC. “What’s so unique about cryptocurrencies, and in many ways this asset class, [is that it] was driven by retail investors...
Netflix isn’t doomed by one quarter unless people start questioning the long-term investor thesis
The core theory of Netflix’s wild run to a $175 billion valuation hasn’t been debunked with one quarter of slower growth than forecast. But the Q2 miss might make some investors reconsider why they’re betting on Netflix in the first...
China Mid-Year Economic Outlook
Executive Summary Real GDP growth in China slowed slightly in Q2-2018, but the slowdown was in line with expectations. Retail sales growth helped prop up economic growth, as industrial production and investment spending both continued to decelerate in the quarter....
Gold Dips as Retail Sales Climb
Gold has posted slight losses in the Monday session. In North American trade, the spot price for one ounce of gold is $1239.15, down 0.20% on the day. On the release front, U.S core retail sales dropped to 0.4%, matching...
The bond market may be raising recession fears, but don’t expect one anytime soon
A trend in the bond market that has a long history of foreboding accuracy has kindled talk of a recession, but it could be a long conversation. Current conditions suggest little danger of a significant economic downturn. Consumers and business...
IMF: World economy likely to grow 3.9% this year
The International Monetary Fund is keeping its forecast for global economic growth unchanged at 3.9 percent this year despite worries about rising trade tensions and higher oil prices. But the lending agency is downgrading the outlook for Europe and Japan....
UK Jobs and Wage Figures Eyed by Pound amid Brexit Turmoil
The UK’s Office for National Statistics will publish its latest stats on the labour market on Tuesday at 08:30 GMT. The report will be the first of three major releases out of the UK this week, which come just a...
AMD shares rise after Stifel predicts higher profitability for chipmaker
AMD’s new chips will boost the company’s profit margin in its third quarter, according to Stifel. The firm raised its price target for AMD’s stock to $21 from $17 and reiterated its buy rating for the company’s shares. The new...
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