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 […]

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 […]

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 […]

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 […]

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, […]

What You Missed in the Death of George Floyd While You Were Busy Being Racist

What You Missed in the Death of George Floyd While You Were Busy Being Racist

George Floyd died and the racist calls rang out, some black Americans looted stores, Media cried racism, black groups blamed white people, some whites blamed blacks and the whole argument shot off on a tangent, some blamed Trump, just what the government likes. Why does the Government like it? because it stops people seeing the […]

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 […]

News Corp Drops Print in Australia

News Corp Drops Print in Australia

Rupert Murdoch’s Australian flagship media group News Corp announced Thursday it will stop printing more than 100 regional and local newspapers, blaming a collapse in advertising made worse by the coronavirus pandemic. The decision comes after News Corp announced on 1 April it was temporarily halting printing of around 60 community newspapers and is expected […]

Federal Reserve Will Look to Address Uncertainty

Federal Reserve Will Look to Address Uncertainty

After weeks of economic shutdowns, the outlook for a US rebound remains “highly uncertain” and businesses nationwide are gloomy about how quickly things can return to normal, the Federal Reserve said Wednesday. At the same time firms worry that generous unemployment benefits make it difficult to retain workers or to bring them back to their […]

Bank of England Looks for New Stimulus

Bank of England Looks for New Stimulus

Bank of England Governor Andrew Bailey said Wednesday Britain’s economic recovery from the coronavirus pandemic could be “longer and harder” than anticipated and fresh bids to boost growth may be needed. Bailey hinted that further interest rate cuts and quantitative easing — which sees the bank buy government bonds, printing new money in the process […]

Japan Rolls Out the Printing Press, Again

Japan Rolls Out the Printing Press, Again

Japan announced fresh stimulus plans worth nearly $300 billion on Wednesday to pep up the economy after the coronavirus pandemic tipped the country into recession. Consumer spending has slowed to a crawl despite Japan’s relatively low infection numbers and death toll from the disease outbreak, prompting the first economic downturn since 2015. In response Prime […]

Europe to Kill the Value of the Euro for an Economic Quick Fix

Europe to Kill the Value of the Euro for an Economic Quick Fix

A one-trillion-euro recovery plan to get Europe back on its feet after the devastation wreaked by the coronavirus pandemic was set to be unveiled Wednesday, as badly hit Spain started 10 days of national mourning for its thousands of dead. The massive European proposal follows other unprecedented emergency measures introduced around the world to rescue […]

France Ready to Rebound

France Ready to Rebound

Economic activity in France is making a clear if cautious recovery after lockdown measures were relaxed earlier this month but the country is still heading for a roughly 20 percent contraction this quarter, the national statistics agency said Wednesday. INSEE said that the French economy was currently running “at roughly four-fifths of its pre-crisis level” […]

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 […]

Coronavirus and the Reopening of America

Coronavirus and the Reopening of America

When his business was hit by a coronavirus lockdown, Josh Ellis saw a threat to his livelihood and a breach of the US Constitution. So he went on Facebook and called for protests. The appeal “went viral instantly,” said the 40-year-old, who set up a Facebook page called American Revolution 2.0 in early April. The […]

No US Recovery Until Q3

No US Recovery Until Q3

US unemployment is likely to remain in double digits as Americans go to the polls in November, a top White House economic adviser said Sunday. Kevin Hassett predicted that US economic growth will “skyrocket” in the third quarter but could fall short of a full recovery from the coronavirus pandemic. Some 38.6 million people have […]

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 […]

US Federal Reserve Sees Small Businesses Disaster

US Federal Reserve Sees Small Businesses Disaster

Some types of businesses may not be able to survive in the post-pandemic world even after the American economy recovers from the coronavirus, the US Federal Reserve said Wednesday. Defeating COVID-19 is the key factor in restoring the world’s largest economy, but some of the damage may persist especially if consumers remain reluctant to return […]

Carabao Group Thailand Upgraded to Strong Buy

Carabao Group Thailand Upgraded to Strong Buy

HEFFX have issued a STRONG BUY recommendation on Carabao Group. (CBG.BK) based on a one-year target price of 167.00 baht, offering a 75.79% upside potential from its closing price of 95.00 baht on May, 20th, 2020. Our recommendation is primarily driven by strong margins and growing revenue combined with an excellent balance sheet. About Carabao […]

Thai Airways Bankrupt Needs to Restart

Thai Airways Bankrupt Needs to Restart

Thailand’s cash-strapped national carrier will look to undergo a restructuring through the kingdom’s bankruptcy court, premier Prayut Chan-O-Cha said Tuesday, as the stricken company is battered by the crash in tourism caused by the coronavirus. Thai Airways — which is 51 percent owned by the government — has long fought to stay afloat, registering losses […]

Vaccine Hopes Drive Asian Markets

Vaccine Hopes Drive Asian Markets

Hopes for a vaccine to treat coronavirus and a further easing of lockdown measures around the world spurred a rally on Asian markets Tuesday as investors tracked a surge across Europe and Wall Street. A half-a-trillion-dollar Franco-German plan to support the European Union economy also lifted confidence, while Australian investors brushed off news that China […]

Australia Urges Google Facebook Boycott

Australia Urges Google Facebook Boycott

Australia’s competition watchdog suggested Tuesday that local media could organise a “collective boycott” of Google and Facebook to force the tech giants to pay for news they put on their platforms. The radical idea was among a series of possible bargaining tools put forward by the Australian Competition and Consumer Commission (ACCC) as it considers […]

10 Post-Coronavirus Trends

10 Post-Coronavirus Trends

Even after loosening its grip, the coronavirus will leave indelible marks on society. “It’s going to change how we think, live, work, learn, shop, travel and entertain,” says Shayne Heffernan, CEO and Founder of Heffx.  “History has shown that past disruptions of this magnitude, as painful as they can be, have often also boosted resourcefulness, […]

New Meliá Koh Samui Welcomes Director of Sales and Marketing

New Meliá Koh Samui Welcomes Director of Sales and Marketing

A talented hospitality professional with two decades of diverse experience in sales and marketing and a passion for building strong business relationships has been named five-star Meliá Koh Samui’s director of sales and marketing. Thai national Phatsalawadee Pimpila’s appointment to the new 159-room and 41-suite luxury resort on Koh Samui’s north-eastern coastline in the Gulf […]

Shutdown Prepares to Bite US Economy

Shutdown Prepares to Bite US Economy

The business shutdowns caused by the coronavirus pandemic could “easily” cause the US economy to collapse by 20 to 30 percent this quarter, Federal Reserve Chair Jerome Powell said Sunday. Data show more than 30 million jobs were destroyed in the world’s top economy, as businesses were shuttered nationwide amid the efforts to stop the […]

Statement: Race fixtures in Ireland can resume behind closed doors on June 8

Statement: Race fixtures in Ireland can resume behind closed doors on June 8

Horse Racing Ireland today welcomed the confirmation from the Government that race fixtures in Ireland can resume behind closed doors on June 8. Only key personnel necessary to run the fixture will be permitted to be on site where they will be subject to strict Covid-19 protocols. All those in attendance will be subject to […]

Président Handicap Chase: Straight to the top

Président Handicap Chase: Straight to the top

The “French Grand National”, the Président de la République Chase (Gr3) is the best-rated handicap run at Auteuil with € 155,000 in prize money. They are 20 at the start this year to take the outer steeple-chases course, over the distance of almost 3 miles.The race is usually held in April and has been delayed due to the […]

Godolphin’s European team ready to go as racing resumes

Godolphin’s European team ready to go as racing resumes

After a suspension due to the coronavirus pandemic that has lasted several weeks, and continues for the time being in some countries, the European racing season is now back underway and action resumes in France on Monday, 11 May at Longchamp. Godolphin will be represented by six runners in total, five from Andre Fabre’s yard […]

Guineas and Coronation Cup headline British racing resumption plan

Guineas and Coronation Cup headline British racing resumption plan

Three Series races to form a part of early schedule once racing resumes Horse racing fans across Britain received positive news yesterday as the BHA announced a provisional schedule, starting on Monday June 1 that included the staging of three QIPCO British Champions Series races. The Investec Coronation Cup, usually staged at Epsom, has been […]

Murat: Newcomers enter hot waters

Murat: Newcomers enter hot waters

A major stage in the spring chasing season, the Murat Chase (Gr2) also becomes the only one this year on the way to the Grand Steeple-Chase de Paris (Gr1) due to the coronavirus outbreak and the lockdown on racing that was enforced from March to May.The Grand Steeple-Chase de Paris (Gr1) will indeed be held on June […]

How to Break the Rules and Get Away With IT

How to Break the Rules and Get Away With IT

Historically, pandemics have forced humans to break with the past and imagine their world anew. This one is no different. It is a portal, a gateway between one world and the next. Without a doubt, the coronavirus is shaking the financial industry like never before. This is not the first time the world has faced […]

Build Back Better: What Is It, and What Should It Be?

Build Back Better: What Is It, and What Should It Be?

We believe that the pandemic could further sharpen the focus upon sustainable investing, benefiting society and driving shareholder returns. Amid the worst pandemic in over a century and the unprecedented economic shutdowns, people everywhere are longing for a return to normality. At the same time, though, there is also a growing sense that we should […]

New Alma Resort Welcomes Ingo Stöneberg as Executive Chef

New Alma Resort Welcomes Ingo Stöneberg as Executive Chef

A seasoned professional with almost two decades’ experience in luxury hospitality in Europe and the Middle East and a passion for teaching and mentoring others has been named Alma Resort’s executive chef. German national Ingo Stöneberg has joined the 196-pavilion and 384-suite resort overlooking Long Beach, on Vietnam’s Cam Ranh peninsula, to oversee its rich […]

UK FTSE 100 (.FTSE) Stocks to edge lower as traders mull lockdown easing

UK FTSE 100 (.FTSE) Stocks to edge lower as traders mull lockdown easing

UK FTSE 100 (.FTSE) Stocks to edge lower as traders mull lockdown easing London stocks were set to edge lower on Tuesday as investors continue to mull the loosening of lockdown restrictions in the UK and abroad.The FTSE 100 was called to open 12 points lower at 5,927. Shayne Heffernan Trade Idea “The pound sold […]

Larneuk Stud Drops Fees in Victoria as a Response to Coronavirus

Larneuk Stud Drops Fees in Victoria as a Response to Coronavirus

Prolific Victorian nursery, Larneuk Stud, has announced fees for its 2020 stallion lineup, with significant reductions across the board. Despite the continued success of O’Lonhro and Cluster, along with the positive vibes around Wolf Cry’s rising 2YOs, Larneuk’s new roster structure represents a 20% decrease on last spring. Cluster will now stand at $5,500 O’Lonhro […]

Dow Jones Industrial Average (.DJI) End of Capitalism? Don’t Bet on it

Dow Jones Industrial Average (.DJI) End of Capitalism? Don’t Bet on it

Dow Jones Industrial Average (.DJI) End of Capitalism? There is an unfettered greed and it sits at the heart of the world economy.   Its most visible incarnation, of course, is Gordon Gecko’s home turf — Wall Street itself. Home of the New York Stock Exchange where trillions of stocks and shares are traded daily.  Here […]

Should I invest in Gold 1 OZ (XAU=X)?

Should I invest in Gold 1 OZ (XAU=X)?

Should I invest in Gold 1 OZ (XAU=X)? The price of gold has risen 20% year-to-date. Economic anxiety is running deep and financial systems are exceedingly fragile. This is boosting the price of gold to be the safe-haven asset to own. When the stock market crashed in March, the gold price also fell. This surprised […]

Bitcoin: USD/BTC (BTC=X) Massive volatility ahead of halving

Bitcoin: USD/BTC (BTC=X) Massive volatility ahead of halving

Bitcoin: USD/BTC (BTC=X) Massive volatility ahead of halving Bitcoin halving, as it’s called, is set to take place for the third time on or around May 12. In the past, this event has coincided with a strong run-up in the bitcoin price and may lead to pre- and post-halving volatility, with price implications extending into […]

Star Mares to Visit Justify

Star Mares to Visit Justify

Coolmore’s Tom Magnier secured Group I winner Booker earlier in the Inglis Chairman’s Sale for $1.6 million and then later added Champion Sprinting filly Samaready to his tally for $1.8 million, both mares set to be covered by Triple Crown winner Justify in the spring. Consigned by Vinery Stud, Samaready won the Group I MRC […]

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