Investec Derby Stolen by Front Running Serpentine

Investec Derby Stolen by Front Running Serpentine

The son of Galileo, Serpentine, stunned the Investec Derby field to lead all the way and win the Epsom Classic at odds of 28/1. Jockey Emmet McNamara’s decision to kick clear on Serpentine, who only broke his maiden tag one week ago, around Tattenham corner caught all his rivals off guard and saw the outsider […]

Some Facts About the Spanish Flu

The 1918 influenza pandemic was the most severe pandemic in recent history. It was caused by an H1N1 virus with genes of avian origin. Although there is not universal consensus regarding where the virus originated, it spread worldwide during 1918-1919.  In the United States, it was first identified in military personnel in spring 1918. It […]

Dubai on the Future of Tourism

Dubai on the Future of Tourism

The Department of Tourism and Commerce Marketing, Dubai Tourism, hosted a virtual forum for stakeholders and partners to share its industry outlook ahead of the city’s reopening to international tourists on 7th July. The forum provided a first-hand insight into current and post-pandemic strategies that will help accelerate tourism momentum and position Dubai as a […]

Dubai is Still in Business

Dubai is Still in Business

The Department of Economic Development, DED, Trader licence launched by the Business Registration and Licensing, BRL, sector, enabling start-ups in Dubai to conduct business activities online and across social networking accounts, has seen an 83 percent increase in licences issued from January to end of June 2020. Compared to the same period last year when […]

SunPower Corp. (NASDAQ:SPWR) Might be on the Move Up

SunPower Corp. (NASDAQ:SPWR) Might be on the Move Up

SunPower Corp. (NASDAQ:SPWR) received the prestigious Smarter E-Award in the “Outstanding Projects” category in recognition of Powerhouse Brattørkaia, an 18,580-square-metre energy-positive future-proof office building located in Trondheim, Norway. SunPower supplied its high-efficiency Maxeon® solar panels for the project. Powerhouse Brattørkaia is the world’s northernmost energy-positive building. This means it is designed to generate more energy […]

Akerna (Nasdaq:KERN) Sees Boom Coming for Industry

Akerna (Nasdaq:KERN) Sees Boom Coming for Industry

Business intelligence from Akerna (Nasdaq: KERN), a leading compliance technology provider and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®), anticipates a 87% increase in cannabis sales over daily averages. “For the first time in the past five years the 4th of July falls on a Saturday,” said […]

London Collapsing Under the Weight of Sadiq Khan

London Collapsing Under the Weight of Sadiq Khan

Riot police were showered with bottles, bricks and other projectiles while trying to break up an illegal rave in west London on Friday night. At least seven officers were injured during the hostilities. The police were called to the scene in White City following reports of a number of people gathered at an unlicensed music […]

‘Covid’ is the Top Word of 2020

‘Covid’ is the Top Word of 2020

 Global Language Monitor (GLM), the data research company that documents, analyzes, and tracks trends in language usage worldwide, has announced that Covid is the Top Word of 2020 in its mid-year update. “It’s no surprise that ‘covid’ has risen to the top of the rankings,” said Paul JJ Payack, President and Chief Word Analyst of GLM. […]

Caesars Entertainment (NASDAQ:CZR) is Back

Caesars Entertainment (NASDAQ:CZR) is Back

Caesars Entertainment (NASDAQ:CZR) Atlantic City welcomed guests back to their world-famous resorts today at Caesars, Harrah’s Resort and Bally’s, in accordance with the New Jersey Governor’s Executive Orders and all state directives, with a ribbon-cutting ceremony outside of Caesars’ Boardwalk entrance on Friday, July 3. Caesars Entertainment’s Regional President, Ron Baumann, joined by Atlantic City […]

Gap Between Hong Kong and China is Gone Forever

Gap Between Hong Kong and China is Gone Forever

Hong Kong really does have a new normal, adjust your portfolio quickly as change is coming at a rapid rate. Hong Kongers are scrubbing their social media accounts, deleting chat histories and mugging up on cyber privacy as China’s newly imposed security law blankets the traditionally outspoken city in fear and self-censorship. China’s authoritarian leaders […]

The Breeders’ Cup Challenge

The Breeders’ Cup Challenge

Headlined by three automatic qualifiers for the $7 million Longines Breeders’ Cup Classic (G1) and three “Win and You’re In” starting positions at York’s Ebor Festival in Britain, the Breeders’ Cup today announced its August schedule of races as part of the 2020 Breeders’ Cup Challenge Series.   The Breeders’ Cup Challenge, now in its 14th year, is an international series […]

$500,000 Runhappy Metropolitan Handicap (G1) at Belmont Park

$500,000 Runhappy Metropolitan Handicap (G1) at Belmont Park

Led by Code of Honor, McKinzie and Vekoma, an outstanding field of eight horses will compete for a free berth into the $2 million Big Ass Fans Breeders’ Cup Dirt Mile (G1) on Saturday, July 4 in the 1-mile, $500,000 Runhappy Metropolitan Handicap (G1) at Belmont Park, live at 5 p.m. ET on NBC. The “Met Mile” broadcast is part of […]

Ryan Moore Aidan O’Brien and Mogul Set to Make History in the Epsom Derby

Ryan Moore Aidan O’Brien and Mogul Set to Make History in the Epsom Derby

Ryan Moore will carry Aidan O’Brien’s history-making hopes as he opts to ride Mogul in Saturday’s Epsom Derby, writes Will Jennings. O’Brien is vying to become the leading trainer in the race’s 240-year history after watching seven horses triumph under his auspices since 2001, with two-time Derby winner Moore choosing to pilot his colt in the […]

Australian Sires: Honorius Stallion Fees to Ronald McDonald House Westmead

Australian Sires:  Honorius Stallion Fees to Ronald McDonald House Westmead

Knightsbridge are donating all proceeds from the sale of the Honorius Stallion Covers to Ronald McDonald House Westmead bloodstockauction.com/catalogue/58 Honorius stands privately for the Heffernan family and the only way to secure a nomination to Honorius is to contact Bloodstock Auction. Bred to be a Champion Honorius is an impressive stallion with an impeccable pedigree […]

Tencent Music Entertainment (NYSE:TME) Expanding

Tencent Music Entertainment (NYSE:TME) Expanding

Tencent Music Entertainment Group (TME) (NYSE:TME) has established a strategic partnership with CoMix Wave Films Inc. (CWF), a leading Japanese animated movie studio and distribution company known especially for the works of Makoto Shinkai and Jiro Tsunoda. Under this new partnership, the original soundtracks from 17 popular animated movies, including 5 Centimeters per Second and […]

SK Hynix Inc KRX: 000660 is a Buy

SK Hynix Inc KRX: 000660 is a Buy

SK hynix Inc. (or ‘the Company,’ www.skhynix.com) announced that it has started the full-scale mass-production of high-speed DRAM, ‘HBM2E’, only ten months after the Company announced the development of the new product in August last year. SK hynix’s HBM2E supports over 460GB (Gigabyte) per second with 1,024 I/Os (Inputs/Outputs) based on the 3.6Gbps (gigabits-per-second) speed […]

Micro Focus (LSE:MCRO) (NYSE:MFGP) an AI Stock Worth a Look

Micro Focus (LSE:MCRO) (NYSE:MFGP) an AI Stock Worth a Look

Micro Focus’ IDOL Named a Leader Among AI-Based Text Analytics Platforms Unified Unstructured Data Analytics Solution Earns Recognition in Evaluation of Current Offering, Strategy and Market Presence Micro Focus (LSE: MCRO;NYSE: MFGP) today announced that it has been recognized as a Leader in the 2020 Forrester AI-Based Text Analytics Platforms Wave Reports* for its unified […]

Digital Realty (NYSE:DLR) in Asia

Digital Realty (NYSE:DLR) in Asia

Digital Realty (NYSE: DLR), a leading global provider of data centre, colocation and interconnection solutions, announced today the development of a new, carrier-neutral data centre in a purpose-built facility in Hong Kong – to be named Digital Realty Kin Chuen (HKG11).   The move marks another significant expansion of PlatformDIGITAL™ across Asia Pacific, closely following the […]

More Countries Should Have a National Programme for Happiness and Wellbeing

More Countries Should Have a National Programme for Happiness and Wellbeing

National Programme for Happiness and Wellbeing On 7 March 2016, H. H. Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of UAE and Ruler of Dubai reviewed National Programme for Happiness and Wellbeing (formerly: National Programme for Happiness and Positivity) presented by Her Excellency Ohood bint Khalfan Al Roumi. The programme sets government policies, […]

Tesla and America’s Falling Auto Sales

Tesla and America’s Falling Auto Sales

$TSLA #TESLA $F $GM Tesla engineered its latest coup Wednesday, becoming the world’s richest car company while two of Detroit’s old guard, General Motors and Fiat Chrysler, reported sagging auto sales amid the coronavirus pandemic. Led by Elon Musk, Tesla has had its share of ups and downs, but shares have risen steadily since late […]

Advertisers Turn on Facebook

Advertisers Turn on Facebook

$FB #FACEBOOK StopHateForProfit Adidas, Puma, Coca-Cola, Starbucks, Unilever, Ford… not a day goes by without another big brand pulling ads from Facebook and other social media, a campaign that is weakening advertising-dependent sites but whose ultimate impact remains uncertain. Over 400 firms have joined the #StopHateForProfit campaign to protest hate speech on the internet that […]

Trump Brings Back Jobs to US Economy

Trump Brings Back Jobs to US Economy

Industries hit hard by the coronavirus pandemic showed signs of life in June, hiring 2.4 million workers, payroll services firm ADP said Wednesday. The three million hires in May means that more than five million people are back at work of the 20 million who lost their jobs in March and April. However, the hiring […]

A Look at Australia AUDUSD ASX Outlook

A Look at Australia AUDUSD ASX Outlook

#AUSTRALIA $AUDUSD $ASX The Reserve Bank’s Policy Actions and Balance Sheet Guy Debelle[*]Deputy Governor The Economic Society AustraliaOnline – 30 June 2020 Australia is experiencing an historic event. It is first and foremost a health event. Thankfully, thus far the health outcomes in Australia have been better than feared. The health decisions taken by the […]

Lockheed Martin (NYSE:LMT) GPS III Space Vehicle 03

Lockheed Martin (NYSE:LMT) GPS III Space Vehicle 03

After a successful launch this afternoon, the third Lockheed Martin (NYSE: LMT)-built GPS III satellite is now headed to orbit under its own propulsion. The satellite has separated from its rocket and is using onboard power to climb to its operational orbit, approximately 12,550 miles above the Earth. GPS III Space Vehicle 03 (GPS III […]

Dun & Bradstreet IPO

Dun & Bradstreet IPO

Dun & Bradstreet Holdings, Inc. (“Dun & Bradstreet”) today announced the pricing of its initial public offering of 78,302,272 shares of common stock at an initial public offering price of $22.00 per share. The shares are expected to begin trading on the New York Stock Exchange on July 1, 2020 under the symbol “DNB.” The initial public […]

Weibo Corporation (Nasdaq:WB) to List Debt in Singapore

Weibo Corporation (Nasdaq:WB) to List Debt in Singapore

$WB $GS #WEIBO #BONDS Weibo Corporation (“Weibo” or the “Company”) (Nasdaq: WB), a leading social media in China, today announced the pricing of its public offering of US$750 million aggregate principal amount of its 3.375% notes due 2030. The notes have been registered under the U.S. Securities Act of 1933, as amended, and are expected […]

Keeneland at Home Presented by Central Bank

Keeneland at Home Presented by Central Bank

Keeneland has announced Keeneland at Home Presented by Central Bank, which offers a variety of creative and fun ways for fans to remotely enjoy Keeneland’s five-day Summer Meet, to be held July 8-12. The season, which accommodates a portion of the 16-day Spring Meet that Keeneland was forced to cancel due to the COVID-19 outbreak, will […]

Prix du Bois Long History

Prix du Bois Long History

Group 3, 2-year-olds, 1,000m/5f, €56,000 Created in 1925 Last winner: Maven (f2 USA by American Pharoah ex Richies Party Girl, by Any Given Saturday), owned by Richard Ravin, bred by Wesley Ward, trained by Wesley Ward, ridden by Mickaël Barzalona. Record-time: 56’’3 by Percolator (2008) The race is run in 2020 for the 90th time The 2019 edition […]

Swine Flu May Cause Next Pandemic

Swine Flu May Cause Next Pandemic

#SWINEFLU #PANDEMIC #CHINA #PIGS Chinese researchers studying influenza viruses among pig populations between 2011 and 2018 conducted 30,000 nasal swabs from animals in 10 provinces – and found 179 swine flu viruses, the majority of which were of a new kind. The study described pigs as important “mixing vessels” for pandemic influenza viruses, adding that […]

Uncle Mo Brings Big Results for Coolmore

Uncle Mo Brings Big Results for Coolmore

#COOLMORE #UNCLEMO #FASIGTIPTON Uncle Mo’s 2-year-old colt out of Miss Ocean City sold for $1.1 million to Donato Lanni for Michael Lund Petersen to top the opening session of the Fasig-Tipton Midlantic Two-Year-Olds in Training Sale on Monday. The colt is a half-brother to Grade II winner Azar and out of a half-sister to Grade […]

X Financial (NYSE:XYF) Target $1.50

X Financial (NYSE:XYF) Target $1.50

$XYF #CHINA #STOCKS With a rebounding Chinese Economy XYF looks set to make a comeback in late 2020 we have a $1.50 target on the stock. X Financial (NYSE:XYF) (the “Company” or “we”), a leading technology-driven personal finance company in China, today announced its unaudited financial results for the first quarter ended March 31, 2020. […]

The Bahamas is Open for Travel

The Bahamas is Open for Travel

The Bahamas Ministry of Tourism & Aviation is preparing for Phase 2 reopening, July 1, which allows for the resumption of international travel. All travellers visiting The Bahamas beginning July 1, must: Present a COVID-19 RT-PCR Negative (Swab) Test. Those arriving between July 1-7 must present results less than ten (10) days old. Those arriving […]

Weibo Corporation (Nasdaq:WB) Will Beef Up Balance Sheet with Goldman Sachs

Weibo Corporation (Nasdaq:WB) Will Beef Up Balance Sheet with Goldman Sachs

Weibo Corporation (“Weibo” or the “Company”) (Nasdaq: WB), a leading social media in China, today announced that it has filed a preliminary prospectus supplement with the United States Securities and Exchange Commission (the “SEC”) under an automatic shelf registration statement on Form F-3, pursuant to which the Company proposes to sell senior notes. The Company […]

The Fed Focused on Coronavirus

The Fed Focused on Coronavirus

#ECONOMY #USA #THEFED #CORONAVIRUS The US economy started to rebound earlier than expected, but the recovery will depend on containing the coronavirus and on government efforts to provide support, Federal Reserve Chair Jerome Powell said Monday. In comments just days after several southern and western US states, including Texas and Florida, were forced to reimpose […]

Asian Markets Rally

Asian Markets Rally

#ASIA #FX #STOCKS #CHINA #CORONAVIRUS Stock markets rose in Asia on Tuesday as traders welcomed positive economic data from China and the US, which helped offset a pick-up in virus infections and the reimposition of containment measures in some countries. The easing of lockdowns in recent months has been a key catalyst for world equities […]

Japanese Yen Set to Weaken

Japanese Yen Set to Weaken

#USDJPY #JPY #JAPAN Japan’s unemployment rate rose to 2.9 percent in May, official data showed Tuesday, the third consecutive monthly rise as the coronavirus pandemic takes its toll on the world’s number-three economy. The 0.3-percentage-point rise from April suggests Japan’s first recession since 2015 is beginning to have an impact on the labour market. Another […]

China Economy Stages a Rebound

China Economy Stages a Rebound

#CHINA #ECONOMY #CORONAVIRUS China’s factory activity picked up pace in June, official data showed Tuesday, although analysts warned weak global demand and a potential coronavirus resurgence are weighing on its longer-term recovery. The world’s second-largest economy has been whirring back to life after the virus and sweeping lockdowns prompted a near-halt in activity at the […]

#StopHateForProfit The Corporates Will Decide Who You Vote For

#StopHateForProfit The Corporates Will Decide Who You Vote For

The advertiser boycott of Facebook has morphed into a global digital activist campaign aimed at curbing what they deem to be hateful and toxic content on the social media giant. But it is just another Anti-Trump move that seeks to limit your freedom of speech and access to information. The unprecedented move has been joined […]

Social Media is Banning People for Supporting Trump

Social Media is Banning People for Supporting Trump

blacklivesmatter #antifa #democrats YouTube on Monday shut down six conservative channels for violating rules against “supremacist” content (content not in support of #blacklivesmatter #antifa #democrats) , booting videos by David Duke, Stefan Molyneux and Richard Spencer. The video sharing platform pulled the plug on the channels as online social media platforms face increasing pressure from […]

Vietnam Still Booming

Vietnam Still Booming

#Vietnam #economy Vietnam’s economy unexpectedly expanded in the second quarter, shrugging off a coronavirus pandemic-caused global downturn, but it was still the country’s slowest growth in nearly three decades. Gross domestic product rose by 0.36 percent April to June compared to the same period last year, the General Statistics Office in Hanoi announced Monday. “It’s […]

10 Best Places to Visit in Thailand – Travel Video

#TRAVEL #THAILAND July is a month of the rainy season. The atmosphere is rainy, moist and cool. Every water resource is filled again, perfect for a challenging activity which is popular among both Thai and foreign tourists: rafting. In a flooding season like this, the more water, the more fun and challenge. Our recommended places […]

Did EY Help Wirecard Fraud?

Did EY Help Wirecard  Fraud?

Global audit giant EY is facing growing questions and threats of legal action over its role in the bankruptcy of German payments processor Wirecard after signing off on the accounts for years. Some plaintiffs have already launched legal cases against EY after Wirecard’s spectacular bankruptcy last week. German shareholders’ association SdK said Friday it had […]

Atlantis Paradise Island Bahamas to Reopen

Atlantis Paradise Island Bahamas to Reopen

Atlantis Paradise Island announced today that the iconic resort property located on Paradise Island in The Bahamas would welcome guests to The Royal and Harborside Resort beginning July 7 and The Cove on July 14,  as part of a phased reopening. The resort partnered with the world-renowned Cleveland Clinic and launched the Atlantis Clean & Safe […]

Simon Property Group Inc (NYSE:SPG) Upgraded on Thailand Opening

Simon Property Group Inc (NYSE:SPG) Upgraded on Thailand Opening

 Simon announced today the grand opening of Siam Premium Outlets Bangkok, marking the arrival of Thailand’s first Premium Outlets®, bringing the world’s most popular brand of outlet shopping to the country. “We are thrilled to celebrate the opening of our newest Premium Outlet center serving the vibrant Bangkok region, as part of our continued international […]

Affordable Home Prices Outpace Expensive Homes

Affordable Home Prices Outpace Expensive Homes

(NASDAQ: RDFN) — Prices of the most affordable third of homes in the U.S. climbed 5.5% year over year during the 12 weeks ending May 31, while prices of the most expensive third of homes increased just 2%, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Price growth began accelerating […]

Tencent Holdings Ltd OTC:TCTZF on Way to $100

Tencent Holdings Ltd OTC:TCTZF on Way to $100

#tencent $tstzf #china #games #tech #strongbuy Tencent Games, the world-leading game development, publishing and operation platform, unveiled a new chapter in innovative gameplay and quality games with a roadmap of more than 40 game product updates, including new self-developed and licensed games with fan favorite intellectual property (IP). The announcement made at the Tencent Games […]

Samsung is the Best 5G Stock to Own

Samsung is the Best 5G Stock to Own

#samsung #5g #huawei #sanctions With growing pressure to keep China’s Huawei out of 5G network development, it could be time for firms like Japan’s NEC and South Korea’s Samsung to shine. Washington has pushed allies to bar Huawei, a Chinese telecom giant, from building next-generation 5G mobile networks, claiming its equipment can be used to […]

Marijuana Stocks May Struggle in 2020

Marijuana Stocks May Struggle in 2020

Sales jumped almost 20 percent in March from the previous month and continued at a brisk pace through April, according to the government statistical agency. Classified as an essential service, pot stores remained open while online sales exploded. Industry expert Bradley Poulos, who teaches at Ryerson University in Toronto, said the pandemic has had a […]

The Kentucky Derby Will Have Spectators

The Kentucky Derby Will Have Spectators

#kentuckyderby #coronavirus #churchilldowns #kentucky The Kentucky Derby, which was rescheduled for September. 5 due to the novel coronavirus, will allow spectators onto the grounds to watch the Run for the Roses even as COVID-19 infections surge across parts of the United States, Churchill Downs Racetrack said on Thursday. “Our team is deeply committed to holding […]

Another Big Weekend for American Pharoah

Another Big Weekend for American Pharoah

#AmericanPharoah #kentucky #coolmore #ireland Harvey’s Lil Goil (3f American Pharoah x Gloria S., by Tapit) became the third Grade III winner in a week for American Pharoah and fifth stakes horse in 10 days with her win in the Grade III Regret Stakes at Churchill Downs on Saturday. Always shadowing the leader through the 1 […]

Owners to Return to Keeneland

Owners to Return to Keeneland

Keeneland has been granted approval to permit a limited number of participating owners to attend the upcoming Summer Meet, to be held July 8-12. Keeneland officials collaborated with Kentucky Gov. Andy Beshear and state public health officials to develop a plan that ensures the safety of horsemen and track employees under the Healthy at Work […]

Q1 GDP and Corporate Profits Data USA

Q1 GDP and Corporate Profits Data USA

#GDP #USA #FX #USD #CORONAVIRUS Real gross domestic product (GDP) decreased at an annual rate of 5.0 percent in the first quarter of 2020 (table 1), according to the “third” estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.1 percent. The GDP estimate released today is based on […]

Personal Income and Outlays: May 2020

Personal Income and Outlays: May 2020

$BAC $JPM $USD #ECONOMY #USA Personal income decreased $874.2 billion (4.2 percent) in May according to estimates released today by the Bureau of Economic Analysis (tables 3 and 5). Disposable personal income (DPI) decreased $911.1 billion (4.9 percent) and personal consumption expenditures (PCE) increased $994.5 billion (8.2 percent). Real DPI decreased 5.0 percent in May […]

All You Need To Know About Irish Racing This Weekend

All You Need To Know About Irish Racing This Weekend

It’s all eyes on the Curragh this weekend as the famous course hosts a bumper triple-header of racing action, broadcast live to the nation on RTE. The thrills and spills get underway on Friday when coverage starts at 7pm and you can watch some of Ireland’s most promising fillies – young female horses – duel […]

Sadiq Khan Continues to Destroy London

Sadiq Khan Continues to Destroy London

The chief of London’s police, Cressida Dick, has denounced the “utterly unacceptable” aggression shown towards police officers – 140 of whom have suffered injuries, after a spate of illegal parties and Black Lives Matter protests. The Metropolitan Police commissioner revealed on Friday that a large number of officers had been injured over the last three […]

Breeders Cup the Focus at Churchill Downs

Breeders Cup the Focus at Churchill Downs

Stakes-winning veterans Tom’s d’Etat and By My Standards headline a battle for the second automatic berth of 2020 into the $7 million Longines Breeders’ Cup Classic (G1) this Saturday, June 27, at Churchill Downs in Louisville, Ky., in the Grade 2, $500,000 Stephen Foster, live at 5 p.m. ET on NBC. The Stephen Foster broadcast is part of the […]

American Pharoah Colt Stars at Tattersalls

American Pharoah Colt Stars at Tattersalls

A 2-year-old American Pharoah colt became the Triple Crown winner’s latest sales ring success when he sold for 400,000gns at the Tattersalls Craven Breeze-Up Sale on Wednesday as the second most expensive offering of the one-day sale. Bred by Bridlewood Farm, the colt out of Harlan’s Honor was purchased by Simon Chappell from Star Bloodstock. […]

Prix du Muguet History: A source of great milers

Prix du Muguet History: A source of great milers

Prix du Muguet Group 2, 4-year-olds and above, 1,600m/1m, €90,000 Created in 1967 Last winner: Plumatic (h5, GB by Dubawi and Plumania, by Anabaa), owned by Wertheimer&Frère, bred by Wertheimer&Frère, trained by André Fabre, ridden by Vincent Cheminaud. Record-time: 1’35’’90 by Redmead in 1984. The race would be run in 2020 for the 52nd time The 2019 edition Last going into […]

Microsoft Corp. (NASDAQ: MSFT) Exits Physical Retail

Microsoft Corp. (NASDAQ: MSFT) Exits Physical Retail

Microsoft Corp. (NASDAQ: MSFT) (“Microsoft”) today announced a strategic change in its retail operations, including closing Microsoft Store physical locations. The company’s retail team members will continue to serve customers from Microsoft corporate facilities and remotely providing sales, training, and support. Microsoft will continue to invest in its digital storefronts on Microsoft.com, and stores in Xbox and Windows, reaching […]

A Visit to Sydney Australia

A Visit to Sydney Australia

If you haven’t been to Sydney, now’s the time to put this Aussie gem on your travelling radar. One of the world’s dream destinations, Sydney boasts the soaring sails of Sydney Opera House, glittering Sydney Harbour and world-famous beaches. Beyond the icons, explore the urban essence of Sydney in neighbourhoods such as Chippendale, Surry Hills and […]

British Supermarket Tesco a Corona-virus Success

British Supermarket Tesco a Corona-virus Success

British supermarket giant Tesco announced Friday that its first-quarter sales jumped eight percent, boosted by rocketing online purchases as people switched to grocery deliveries during the nationwide coronavirus lockdown. Total sales excluding petrol surged to £13.4 billion ($16.6 billion, 14.8 billion euros) during the company’s first quarter — the 13 weeks to end-May — compared […]

USA’s Bad Year by the Numbers

USA’s Bad Year by the Numbers

The US economy shrank by an annualized 5 percent in the first quarter of 2020, in line with the previous estimate and ending the longest period of expansion in the country’s history, final figures showed. It is the biggest drop in GDP since the last quarter of 2008 as the Covid-19 pandemic forced several states […]

EU Prints Billions for Lufthansa and it is Just the Beginning

EU Prints Billions for Lufthansa and it is Just the Beginning

#EURUSD #EU #EUROPE #BAILOUT The EU’s top competition authority approved the massive bailout of Lufthansa by the German government on Thursday, saving one of the world’s biggest airlines from bankruptcy, but under conditions. This is the start of Europe’s bailouts that could see trillions printed and the Euro continue to erode in value. The European […]

Softbank Alibaba Split May Be Move to Cash in on $BABA

Softbank Alibaba Split May Be Move to Cash in on $BABA

Softbank is bleeding cash and may sell $BABA stock $BABA will do better in China without the perceived influence of Japan SoftBank Group founder Masayoshi Son announced Thursday he was leaving the board of Alibaba as Jack Ma, the charismatic co-founder of the Chinese e-commerce giant, also leaves SoftBank’s board. Son made the unexpected move […]

Asia’s Booming Tech Sector: Tencent Continues Growth

Asia’s Booming Tech Sector: Tencent Continues Growth

Tencent Holdings Ltd 0700.HK Target HKD$1000 Chinese internet giant Tencent said Thursday it had bought some assets of struggling Asian streaming service iflix, in a major expansion of its online video presence in the region. Western firms, led by Netflix, dominate streaming globally but companies from the world’s number two economy have been taking tentative […]

Qantas is Just the Beginning of the Australian Dollars Trouble

Qantas is Just the Beginning of the Australian Dollars Trouble

#FX #AUDUSD #AUD #AUSTRALIA Already over taxed and under serviced the Aussie worker is taking on an increasing amount of debt via Government bail-out and assistance programs. Afer making themselves dependent on China they now find themselves at odds with their self appointed benefactor. Government Debt to GDP in Australia averaged 24.41 percent from 1989 […]

Theo E.J. Wilson | A black man goes undercover in the alt-right

#blm #racism #politics #altright I took a cell phone and accidentally made myself famous.  (Laughter)  I was just talking about the things that I cared about, but with the click of a button and an incendiary viral video I propelled myself into overnight stardom. When I say overnight, I mean I literally woke up the next morning with so many notifications on […]

Corona-virus Update

Corona-virus Update

#coronavirus #travel #latestnews #economy #usa More than 78,000 people were diagnosed with COVID-19 in the US and in Brazil alone Wednesday, as the IMF laid out the unprecedented economic devastation caused by the global pandemic and the WHO warned the number of infections could reach 10 million worldwide within the next week. As many countries […]

Black Lives Matter Protests Created Spike in Corona Cases

Black Lives Matter Protests Created Spike in Corona Cases

#blacklivesmatter #BLM #coronavirus #usa #democrats Once again the USA has smashed its own record for the number of coronavirus cases recorded in a single day, with more than 38,000 new patients confirmed in the last 24 hours, topping a high set in April, as some states see infections spike. While the mainstream media have ignored […]

The Coronavirus Reaction Had Heavy Economic Price

The Coronavirus Reaction Had Heavy Economic Price

Global trade is expected to drop around 18.5 percent year-on-year in the second quarter of this year in a huge coronavirus-driven plunge which nonetheless could have been much worse, the World Trade Organization said Tuesday. The WTO said that in the first quarter, the volume of merchandise trade shrank by three percent compared to the […]

Europe Auto Sector Tames Massive Hit

Europe Auto Sector Tames Massive Hit

Auto sales in Europe this year will tumble a record 25 percent due to the coronavirus pandemic which has left manufacturers facing a “major economic crisis”, a top industry group said Tuesday. The European Automobile Manufacturers Association(ACEA) also urged the European Union and member state governments to help the industry recover and safeguard jobs. EU […]

Don’t Bet on High Oil Prices

Don’t Bet on High Oil Prices

The IEA Oil Market Report (OMR) is one of the world’s most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Oil demand in […]

Banking in Australia is a Closed, Corrupt Shop

Banking in Australia is a Closed, Corrupt Shop

Australia’s Commonwealth Bank faces hefty fines for alleged misconduct in the sale of pension products, regulators said Tuesday, the latest in a flurry of scandals to rock the country’s finance industry. The Australian Securities and Investments Commission (ASIC) on Tuesday accused Commonwealth Bank (CBA) of receiving Aus$22 million ($15 million) in prohibited payments from a […]

Mortgage Crisis Looms in USA

Mortgage Crisis Looms in USA

– Another 723,000 homeowners became past due on their mortgages in May, pushing the national delinquency rate to its highest level in 8.5 years – There are now 4.3 million homeowners past due on their mortgages or in active foreclosure — including those in forbearance who have missed scheduled payments as part of their plans […]

Asia Turns Positive on Coronavirus News

Asia Turns Positive on Coronavirus News

$ES=F $YM=F $NQ=F Stocks mostly rose Tuesday as investors continue to see the positives in the reopening of economies around the world, which is offsetting worries about a second wave of infections. But the possibility of a renewed China-US trade war hurtled back into the mix after top White House economics adviser Peter Navarro said […]

SoftBank Group said Tuesday it will sell $21 billion T-Mobile shares

SoftBank Group said Tuesday it will sell $21 billion T-Mobile shares

$SFTBY $TMUS Japanese tech investment behemoth SoftBank Group said Tuesday it will sell T-Mobile shares worth over $21 billion as it sheds assets to shore up its financial health. The move comes a month after SoftBank announced an eye-watering $8.9 billion annual net loss, hit hard by troubles with its unicorn investments including WeWork, as […]

July August Shaping up for a Fast Correction and Rebound

July August Shaping up for a Fast Correction and Rebound

Ad Sales Google is expected to see its first decline in US ad revenues this year as the coronavirus pandemic hits travel advertising, a market tracker said Monday. New research by eMarketer indicates Google will still be leading digital advertising but with a smaller share as the market evolves into a “triopoly” with Facebook and […]

Supporting Trump is Hate Speech Say Patagonia, Upwork, North Face and REI

Supporting Trump is Hate Speech Say Patagonia, Upwork, North Face and REI

Several US firms have joined a call by activists to halt ad spending on Facebook over concerns the leading social network has fallen short in efforts to crack down on hate speech and incitements to violence. The sporting goods maker Patagonia added its name to the list Sunday, joining rivals North Face and REI and […]

Riots Reinforced Trump’s 2020 Election Hopes

Riots Reinforced Trump’s 2020 Election Hopes

If you have been sitting watching the news, or out rioting in the Streets, if you think the last weeks behavior brought an end to the Trump administrations 2020 hopes, you are an idiot. What actually happened is a million or so people in America and a couple of people around the world went on […]

George Floyd Protestors: Here is What You Need to Burn 1st

George Floyd Protestors: Here is  What You Need to Burn 1st

Here is a list the Protestors in America can burn that will make America a better place: The Tax Code The tax code, also called the Internal Revenue Code (IRC), is where the actual rules are published. Unfortunately, in addition to being thousands of pages long–in 2014, the IRC was approximately 2,600 pages long–the IRC […]

UK Travel Not Far Away

UK Travel Not Far Away

Britain confirmed Tuesday it was looking at establishing “air bridges” with countries with low rates of coronavirus, exempting them from controversial quarantine measures. Under a plan announced last month to try to limit the spread of COVID-19, international arrivals from June 8 will be required to self-isolate for a fortnight. Ireland is currently the only […]

Warner Music Group IPO

Warner Music Group IPO

Warner Music Group, one of the globe’s “big three” recording companies, is set to proceed with its initial public offering valuing the company up to $13.3 billion. Evidence of streaming’s boon to the once beleaguered recording industry, the closely watched listing could come as soon as Wednesday, according to US media reports. The debut planned […]

Time to Sell The Euro

Time to Sell The Euro

The European Central Bank could announce Thursday hundreds of billions of euros in new bond-buying to keep fighting the pandemic crisis, analysts predict, as EU governments prepare to wrangle for months over a joint response. While some policymakers have urged abandoning the ECB’s self-imposed limits on buying government debt to stoke growth and inflation, the […]

Markets Rally in Asia

Markets Rally in Asia

Hong Kong led an Asia-wide market rally Monday as investors breathed a sigh of relief after Donald Trump fell short of imposing strict measures against China, while a further easing of virus lockdowns continued to provide support. However, violent anti-racism protests across the US have fuelled worries of a pick-up in COVID-19 infections and more […]

China Slow but Still Growing

China Slow but Still Growing

Don’t expect Trump’s policies to concern China overly, they have already built trade routes the world over and will continue to invest regionally in South East Asia. As China exits the Coronavirus ahead of the USA it has significant opportunity to cement trade deals ahead of other nations still stuck in the pandemic quagmire. Factory […]

America’s Violent Society in Numbers

America’s Violent Society in Numbers

The Federal Bureau of Investigation reported that violent crime fell nationwide in the period from 1990 to 2018. Violent crime was at a height of 1.93 million crimes in 1992, but has since reached a low of 1.15 million violent crimes in 2014. When conducting crime reporting, the FBI’s Uniform Crime Reporting Program considered murder, […]

FDA COVID-19 Update

FDA COVID-19 Update

The U.S. Food and Drug Administration today continued to take action in the ongoing response to the COVID-19 pandemic: FDA is making its previously developed FDA MyStudies app available to investigators as a free platform to securely obtain patients’ informed consent for eligible clinical trials when face-to-face contact is not possible or practical due to […]

Hong Kong in Serious Trouble

Hong Kong in Serious Trouble

Washington’s declaration this week that Hong Kong is no longer sufficiently autonomous from China was a historic moment with potentially far-reaching consequences for the finance hub — though much depends on President Donald Trump. The revocation of special status could radically rearrange the fortunes of a city that has served for decades as the global […]

Italy Faces Difficult Path to Recovery

Italy Faces Difficult Path to Recovery

Facing its deepest recession since World War II and with business confidence collapsing, the coronavirus pandemic is hitting Italy’s economy hard. The economy of Italy is the 3rd-largest national economy in the European Union, the 8th-largest by nominal GDP in the world, and the 12th-largest by GDP (PPP). Italy has a major advanced economy and […]

More of America Begins to Open

More of America Begins to Open

Los Angeles restaurants and hair salons were granted permission to reopen immediately Friday, as restrictions were eased despite fears the city has become a coronavirus hotspot. Restaurants in Los Angeles county — which has suffered more than half of California’s virus deaths — will be allowed to offer dine-in services with capacity limited to 60 […]

US Listed China Companies Face a Difficult Time

US Listed China Companies Face a Difficult Time

US President Donald Trump on Friday ordered a probe into the actions of Chinese companies listed on American financial markets as tensions flared anew between the world’s two biggest economies. The announcement followed Beijing’s move to implement a new security law on semi-autonomous Hong Kong that critics say would stifle freedom, as well as with […]

Salesforce (NYSE: CRM) Gears Up for Investor Push

Salesforce (NYSE: CRM) Gears Up for Investor Push

Salesforce (NYSE: CRM), the global leader in CRM, today announced that Salesforce executives will participate in the following investor events: Monday, June 1, 2020: Adam Blitzer, EVP & GM, Marketing Cloud, Commerce Cloud and Community Cloud, will participate in a fireside chat at the Morgan Stanley 2020 Cloud Secular Winners Virtual Conference at 1:00 p.m. […]

Some Life in US Real Estate Market

Some Life in US Real Estate Market

This week brought more evidence of buyers and sellers returning to the market as newly pending sales and new listings are up from the previous week. Inventory continues to be incredibly tight — one reason list prices are growing faster than they were in April. Partly on the strength of that rebound, Zillow’s forecast now […]

Mobile Commerce is the Future

Mobile Commerce is the Future

The latest research from Comscore (Nasdaq: SCOR), a trusted partner for planning, transacting and evaluating media across platforms, shows that as worldwide audiences continue to shift toward engaging more with mobile and multi-platform devices, mobile commerce (m-commerce) is gaining an increasing share of digital commerce. In the 2020 “Global Mobile Payments Outlook” whitepaper, Comscore examines […]

US China Trade War the New Focus as Coronavirus Becomes Old News

US China Trade War the New Focus as Coronavirus Becomes Old News

Global equities mostly sank on Friday as US President Donald Trump readied his response to Beijing’s controversial planned national security law for Hong Kong. Trump has called a news conference to outline his response later Friday, as the heightened tensions overshadow increasing signs that the global coronavirus crisis is easing. “Beijing has defied all US […]

US Economy Takes Corona Hit

US Economy Takes Corona Hit

New orders for US manufactured goods cratered in April by 17.2 percent as the COVID-19 pandemic shut down factories nationwide, the Commerce Department reported Thursday. That decline came after a 16.6 percent drop in March, taking sales down to $170 billion in April from $246 billion before the virus hit the world’s largest economy. Excluding […]

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