New Alma Resort Welcomes Commercial Director

New Alma Resort Welcomes Commercial Director

A talented hospitality professional with rich experience in sales and marketing and a passion for volunteering has been named Alma’s commercial director. German national Martin Koerner’s appointment to the new 196-pavilion and 384-suite resort overlooking Long Beach on Vietnam’s Cam Ranh peninsula comes after he worked at The Anam, another five-star resort also situated in […]

A Balinese Resort Launches Extended Stays Away From The Crowds

A Balinese Resort Launches Extended Stays Away From The Crowds

As Bali begins the first phase of opening up for travel from June, one boutique resort has launched a long stay package for travelers keen on a tropical getaway away from any crowds. With its new two-week “Extended Stay for Greater Value,” Tanah Gajah, Resort by Hadiprana, is putting up visitors in 20 villas spread […]

Cléopâtre: To the French Oaks, and beyond

Cléopâtre: To the French Oaks, and beyond

Traditionally regarded as an important preparatory race for the Prix de Diane Longines (French Oaks, Gr1), the Prix Cléopâtre (Gr3) takes place this year at Lyon-Parilly about a month before the Prix de Diane, as usual, but later in the season. It has not been recently won by the French Oaks favourite, let alone the winner. […]

Greffulhe: Classic crossroad

Greffulhe: Classic crossroad

The Prix Greffulhe (Gr2) is generally contested in May at Saint-Cloud, the only left-hand flat racecourse in the Paris region. This year, due to the health crisis, it takes place this Saturday, June 6 in Lyon-Parilly, on one of the most beautiful turf courses in the country. It would remain suitable to prepare the Epsom Derby, scheduled this year […]

Corrida: Grand on the path to Glory

Corrida: Grand on the path to Glory

The Prix Corrida (Gr2), run at Lyon-Parilly this year, takes place a week only later than usual. Unlike the Greffulhe and Cleopatre, run on the same day, it is not regarded as a prep race but rather a part of a program created to promote the distaff division of females in racing. We thus find among the past […]

Tesla, Inc. (NASDAQ:TSLA) Calls Out Jeff Bezos Tweeting “Monopolies are wrong”

Tesla, Inc. (NASDAQ:TSLA) Calls Out Jeff Bezos Tweeting “Monopolies are wrong”

Tesla, Inc. (NASDAQ:TSLA) Calls Out Jeff Bezos Tweeting “Monopolies are wrong” Tesla Inc. Chief Executive Officer Elon Musk said it’s “time to break up Amazon” in a tweet Thursday. Monopolies are wrong,” Musk tweeted while tagging Bezos, the world’s wealthiest man. The online distributor is among tech firms being scrutinized by federal regulators and lawmakers […]

China Plans to Introduce REIT’s to Fund Toll Roads and Sewage

China Plans to Introduce REIT’s to Fund Toll Roads and Sewage

More tax breaks? China’s plans to introduce real estate investment trusts (REITs) mark a crucial step to urge private money to fund infrastructure such as toll roads and sewage systems, however authorities have their work cut out in creating a fully-fledged market. In several countries REITs are used as a way for investors to own […]

American Billionaires Have Seen Their Wealth Increase While Millions Lose Jobs

American Billionaires Have Seen Their Wealth Increase While Millions Lose Jobs

American Billionaires Have Seen Their Wealth Increase While Millions Lose Jobs The past 3 months have been financially painful for many Americans — however not for billionaires. U.S. billionaires have become $565 billion richer since March 18, per a report published Thursday by the Institute for Policy Studies, a progressive think tank. Total wealth for […]

Can Chesapeake Energy Corporation (NYSE:CHK) Stock Survive This Crisis?

Can Chesapeake Energy Corporation (NYSE:CHK) Stock Survive This Crisis?

Can Chesapeake Energy Corporation (NYSE:CHK) Stock Survive This Crisis? Most investors understand that black swan events in the markets produce winners and losers. As a result of the 2020 pandemic, the oil market crash and the ensuing volatility, Chesapeake Energy (NYSE:CHK) has become one of the losers. Year-to-date, CHK stock is down 92%. By contrast, […]

Facebook, Inc. (NASDAQ:FB) Backing Gojek, Indonesia’s Largest Unicorn

Facebook, Inc. (NASDAQ:FB) Backing Gojek, Indonesia’s Largest Unicorn

Facebook, Inc. (NASDAQ:FB) Backing Gojek, Indonesia’s Largest Unicorn Facebook is doubling down on Asia. Just weeks after making a $5.7bn investment in India’s Reliance Jio, the United States social media giant is backing Gojek, Indonesia’s largest unicorn. Facebook did not disclose the size of the investment, that is focused on GoPay, the start-up’s payments arm, […]

Vietnam golf scene on road to recovery, say country’s leading clubs

Vietnam golf scene on road to recovery, say country’s leading clubs

The Bluffs, Laguna believe nation’s robust response to virus will help it lure back visitors Two of Vietnam’s leading clubs, The Bluffs Ho Tram Strip and Laguna Golf Lang Co, are backing the nation to reassert its reputation as one of the world’s hottest golfing destinations as the country eases its COVID-19 lockdown. Golf was […]

Alphabet Inc. (NASDAQ:GOOG) In U.S. Lawsuit For Collecting Users’ ‘Private’ Data

Alphabet Inc. (NASDAQ:GOOG) In U.S. Lawsuit For Collecting Users’ ‘Private’ Data

Alphabet Inc. (NASDAQ:GOOG) In U.S. Lawsuit For Collecting Users’ ‘Private’ Data Alphabet Inc’s Google (GOOGL) is being sued in a proposed class-action suit for allegedly invading the privacy of millions of users by tracking their internet use through browsers set in “private” mode. According to a report, the lawsuit seeks at least $5 billion, accusing […]

Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk Off Twitter for a While

Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk Off Twitter for a While

Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk Off Twitter for a While Tesla and SpaceX CEO Elon Musk may be a dedicated Twitter user, however he says he’s taking a break from the social media platform. “Off Twitter for a while,” Musk tweeted Monday. Musk’s Twitter account has over 35 million followers, and by Tuesday morning, […]

Facebook, Inc. (NASDAQ:FB) Workers Stage Virtual Walkout Against Zuckerberg

Facebook, Inc. (NASDAQ:FB) Workers Stage Virtual Walkout Against Zuckerberg

Facebook, Inc. (NASDAQ:FB) Workers Stage Virtual Walkout Against Zuckerberg Dozens of Facebook Inc. employees staged a virtual walkout Monday morning to protest executives’ decision not to challenge President Donald Trump’s posts, a part of what seems to be a movement to challenge the leadership of Chief Executive Mark Zuckerberg. The workers, who requested time off […]

Dow Jones Industrial Average (.DJI) Closes Higher Despite Bad News

Dow Jones Industrial Average (.DJI) Closes Higher Despite Bad News

Dow Jones Industrial Average (.DJI) Closes Higher Despite Bad News Stocks in the cyclical sectors, including financials , industrials and energy provided the biggest boost to the two indexes. Trillions of dollars in stimulus and also the restarting of businesses have helped the benchmark S&P 500 recover about 40 per cent from its March lows, […]

Alibaba Group Holding Limited (NYSE:BABA) Defends Accounting Practices

Alibaba Group Holding Limited (NYSE:BABA) Defends Accounting Practices

Alibaba Group Holding Limited (NYSE:BABA) Defends Accounting Practices With the coronavirus pandemic weighing down operations and investments, Alibaba group Holding has reported its first quarterly profit decline since 2016. Revenue in what Chief financial officer Maggie Wu called “a challenging quarter” rose 22.3% in the quarter to March 31 to 114.31 billion yuan ($16.08 billion) […]

Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk $700 Million Richer

Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk $700 Million Richer

Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk $700 Million Richer Tesla CEO Elon Musk has qualified for a compensation package worth around $770 million after the electric vehicle company hit their goals reflecting its rapid growth in recent years. Tesla confirmed in a public filing that it awarded Musk the first part of a compensation package […]

Top 40 Ways to Beat the Elite at Their Own Game

Top 40 Ways to Beat the Elite at Their Own Game

A term coined in 1985 by an anonymous staff member of the Reagan Administration was “Starve the Beast”. This referred to a fiscally conservative political strategy to cut government spending by paying less in taxes. So, in the original sense, “the Beast” was the Government, and people were to starve the beast by spending less […]

Keeneland Launches Digital Sales Ring; Announces Online Select Horses Of Racing Age Sale On June 23

Keeneland Launches Digital Sales Ring; Announces Online Select Horses Of Racing Age Sale On June 23

Keeneland officials today announced the launch of the Keeneland Digital Sales Ring, a stand-alone online auction platform accessible to buyers and sellers around the world at Keenelanddigital.com. Kicking off the new digital platform will be a Select Horses of Racing Age Sale scheduled for June 23. “The Keeneland Digital Sales Ring marks a significant milestone in […]

Poules d’Essai: All you need to know about the French Guineas

Poules d’Essai: All you need to know about the French Guineas

This Monday the 1st June, the racecourse of Deauville La Touques will host the Emirates Poules d’Essai des Poulains (15 h 50) and Pouliches (16 h 25). The draw for the final runners took place this Friday. Find out the latest news on these two Group 1 Classic races, defining events for the 3-year-old generation, […]

2020 Grand Steeple to be run in the Autumn

2020 Grand Steeple to be run in the Autumn

Horse racing can only be staged on racecourses located in the green zone, which excludes Paris, where Auteuil racecourse is located. The June 7 meeting initially planned there is therefore transferred to Compiègne. The Grand Steeple-Chase de Paris (Gr1) and the Grande Course de Haies d’Auteuil (Gr1) will have to be run in the Autumn and […]

Trump Signs Social Media Order After Twitter Decide What He Can Say

Trump Signs Social Media Order After Twitter Decide What He Can Say

“If freedom of speech is taken away, then dumb and silent we may be led, like sheep to the slaughter.” ― George Washington President Donald Trump signed an executive order that seeks to limit liability protections that social-media firms enjoy after Twitter Inc. began selective fact checks of his posts on the platform. Under current law, […]

Market Overview: Beware of Rally, Shake Coming

Market Overview: Beware of Rally, Shake Coming

Market Overview: Beware of Rally, Shake Coming The Day Ahead The United States prints personal consumption expenditures prices for 1Q20, as well as the Energy information Administration’s crude oil, gasoline, fuel production, and heating oil stocks change for the week concluded 22 may. South Korea announces April’s industrial production. Japan releases April’s industrial production and […]

Tesla, Inc. (NASDAQ:TSLA) Cuts Prices Again

Tesla, Inc. (NASDAQ:TSLA) Cuts Prices Again

Tesla, Inc. (NASDAQ:TSLA) Cuts Prices Again Tesla said on Wednesday it’ll cut prices of its electric vehicles in North America as the company ramps up car production at its Fremont, California, factory after the easing of coronavirus lockdowns. The company’s Model S sedans will now be priced from $79,990, and its Model X sport utility […]

Resorts in Asia Heighten the Hygiene

Resorts in Asia Heighten the Hygiene

Whether we emerge from the most acute phase of the pandemic into a Brave New World is largely dependent on whether we’re all observing heightened hygiene protocols. Hand-washing has become de rigueur and many of us routinely respect a six-foot corona bubble of personal space when we encounter others. Hotels know this, and are enacting […]

Dow Jones Industrial Average (.DJI) Traders Return to Wall Street

Dow Jones Industrial Average (.DJI) Traders Return to Wall Street

Dow Jones Industrial Average (.DJI) Traders Return to Wall Street Investors celebrated the reopening of the new york stock exchange by sending stocks soaring Tuesday, as the nation continues to unwind from pandemic shutdowns and a lot of drug companies chase coronavirus cures. The Dow Jones industrial average closed the day up 530 points, about […]

Dow Jones Industrial Average (.DJI) Outlook

Dow Jones Industrial Average (.DJI) Outlook

Dow Jones Industrial Average (.DJI) Outlook The Dow Jones futures trading higher on memorial day as investors ignored rising tensions between USA and China and a new stand-off in Hong Kong and centered on the reopening of the economy and developments on the coronavirus treatment. Fed Governor Rosengreen in an interview on Sunday, said that […]

Euro: USD/EUR (EUR=X) Some dollar volatility

Euro: USD/EUR (EUR=X) Some dollar volatility

Euro: USD/EUR (EUR=X) Some dollar volatility The greenback has been the main mover on currency markets within the past seven days. In the early part of last week, it had been on the back foot as signs of progress in the race for a Covid-19 treatment supported risk appetite. The currency managed to recovery some […]

Triple Crown and other major stakes for 3-year-olds finally firming up

Triple Crown and other major stakes for 3-year-olds finally firming up

With the schedules for the 2020 Triple Crown and other major stakes for 3-year-olds finally firming up, trainer Patrick Biancone is stepping up the training programs for Sole Volante and Ete Indien at Palm Meadows, Gulfstream Park’s satellite training facility in Palm Beach County.  “I gave them an easy time in April. They should be […]

Sunlight Shines on Magic Millions Broodmare Sale

Sunlight Shines on Magic Millions Broodmare Sale

Champion mare Sunlight has been retired and the superstar sprinter will be sold as an elite breeding prospect at the Magic Millions National Broodmare Sale in July. A triple Group One winner and earner of over $6.5 million, Sunlight has spent the past three racing seasons as one of Australia’s best gallopers and she retires as the […]

Another Bumper Inglis Digital Sale in Australia

Another Bumper Inglis Digital Sale in Australia

For the second successive month, popular demand for the Inglis Digital Online Sale platform has seen a new record number of entries. The May Sale will take on the same format as the April Online Sale, where more than 432 lots sold (80%) for a gross of $4.2 million, demonstrating the strong demand across all […]

Royal Ascot 2020

Royal Ascot 2020

Ascot have unveiled a bumper schedule for this year’s behind closed doors Royal Meeting. Ascot Racecourse today unveiled the Order Of Running for the behind closed doors 2020 Royal Meeting (16th-20th June). In this unprecedented year, there are several alterations to the programme, including six extra races being added to the fixture. There will be […]

Dow Jones Industrial Average (.DJI) Fell as China Trade Tensions Escalate

Dow Jones Industrial Average (.DJI) Fell as China Trade Tensions Escalate

Dow Jones Industrial Average (.DJI) Fell as China Trade Tensions Escalate The Dow Jones Industrial Average fell 101.78 points, or 0.41%, to close at 24,474.12. The S&P 500 lost 23.10 points, or 0.78%, to end at 2948.51, and the Nasdaq Composite fell 90.90 points, or 0.97%, to close at 9284.88. China is coming up with […]

Dow Jones Industrial Average (.DJI) Takes a Dip

Dow Jones Industrial Average (.DJI) Takes a Dip

Dow Jones Industrial Average (.DJI) Takes a Dip U.S. stock indexes edged down at the open on Thursday as developing Sino-U.S. tensions and mixed retail earnings added to concerns about the pace of a recovery from a coronavirus-fueled economic slump. The Dow Jones Industrial Average .DJI fell 11.63 points, or 0.05%, at the open to […]