HONG KONG/BEIJING, Jan 5 (Reuters) – China’s first landing of a plane on one of its new island runways in the South China Sea shows Beijing’s facilities in the disputed region are being completed on schedule and military flights will inevitably follow, foreign officials and analysts said. read more >>> Source : Reuters
Facebook (FB),NetEase (NTES) and Regeneron Pharmaceuticals (REGN) fell sharply Monday, but LinkedIn (LNKD) showed relative strength among Sector Leaders as it emerged from a market sell-off in decent shape. LinkedIn pared losses, finding support just above its 200-day moving average. But its decline Monday did alter the chart. The stock has dropped as much as […]
MEXICO CITY, Jan 4 (Reuters) – Mexican Central Bank chief Agustin Carstens on Monday said that the U.S. Federal Reserve will likely raise rates at a “very gradual” pace this year and that Mexico… read more >>> Source : Reuters
THE owner of the Priory, Britain’s best-known rehab clinic, is being bought by the US Acadia Healthcare in a deal worth nearly £1.3billion. read more >>> Source : The Daily Express
WASHINGTON, Jan 4 (Reuters) – The U.S. Justice Department on Monday filed a civil lawsuit against Volkswagen AG for allegedly violating the Clean Air Act by installing illegal devices to impair emission control systems in nearly 600,000 vehicles. read more >>> Source : Reuters
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Wages are expected to rise at the fastest rate in 3 years (Korn Ferry) Global people and organizational advisory firm Korn Ferry says wages are expected to increase by 2.5% globally in 2016, making for the […]
CNBC’s Michelle Caruso-Cabrera reports three allies of Saudi Arabia have joined diplomatic action against Iran. read more >>> Source : CNBC.Com
The investment arm of the Canada Pension Plan has made its entry into the U.S. student housing market through a new joint venture. read more >>> Source : CBC.Ca
When I first started blogging, I had no clue that blogging was hard work. I, like most people started blogging to keep a journal of my conversations and experiences with my kids. As I began to enjoy what I was writing and saw that my audience liked it too, I realized that blogging requires not […]
On Sunday, Saudi officials announced that the Kingdom will sever all diplomatic ties with Iran, and told all Iranian diplomats to leave within 48 hours. The decision came after Iranian protesters attacked the Saudi embassy in Tehran, ransacking and setting fire to the building in retaliation for Saudi Arabia’s execution of a prominent Shiite cleric […]
Five people are facing charges after a break-in at a Health Canada-authorized medical marijuana producer in central Ontario. read more >>> Source : CTVNews.Ca
* General Motors to invest $500 mln in ride-sharing service Lyft read more >>> Source : Reuters
EPA and Justice Department sue Volkswagen seeking at least $16 billion in fines for violating Clean Air Act with cheating diesel cars. read more >>> Source : CNN Money
2015 is nearing a close, and the notion of planning is all around us. Plan your resolutions, plan your budgets, plan your projects. I came across a poem earlier this year that made me think about planning in general. It also brings in the topics of leadership, organizational structure, communication and a stark reality in […]
The US justice department is suing Volkswagen over the emissions scandal that saw the German car giant fit software to millions of cars to cheat emissions tests. read more >>> Source : BBC
* Yen hits 11-week peak vs dollar, highest vs euro since April read more >>> Source : Reuters
By David Randall NEW YORK (Reuters) – The year’s top-performing U.S.-listed global equities fund as rated by Morningstar sees Asian and emerging market stocks as undervalued and primed to outperform in 2016. Kristian Heugh, whose $641 million Morgan Stanley Global Opportunity fund gained 20 percent for the year through Dec. 29, said his fund has […]
Gun maker stocks are surging in a slumping market, as new federal data indicates a sales jump after 2015 ended with more mass shootings and growing political pressure to tighten regulation. read more >>> Source : CTVNews.Ca
NEW YORK, Jan 4 (Reuters) – The year’s top-performing U.S.-listed global equities fund as rated by Morningstar sees Asian and emerging market stocks as undervalued and primed to outperform in 2016. read more >>> Source : Reuters
Legendary boxer Mike Tyson now has a Bitcoin-trading app named after him. read more >>> Source : CNN Money
LIMA, Jan 4 (Reuters) – Peru’s central bank sold $80 million in the local spot market on Monday and the sol slipped 0.23 percent to finish trading at 3.422/3.423 per dollar, the lowest in nearly ten… read more >>> Source : Reuters
Stocks held near session lows in early afternoon trading Monday, hurt by a rout in China stocks overnight and increased tension in the Middle East. The Nasdaq slumped 2.5%, the Dow Jones industrial average lost 2.2% and the S&P 500 fell 2.1%. Volume on the NYSE and Nasdaq was tracking sharply higher than Thursday’s levels […]
The U.S. Department of Justice and the Environmental Protection Agency are suing German carmaker Volkswagen for falsifying the emissions on 600,000 diesel vehicles in the U.S. read more >>> Source : CBC.Ca
U.S. federal authorities are suing Volkswagen over emissions-cheating software found in nearly 600,000 vehicles sold in the United States. read more >>> Source : CTVNews.Ca
For the 31st year in a row, Blackstone’s vice chairman and investing guru Byron Wien has released his 10 surprises for the year. These are things Wien believes have a better-than-50% chance of happening, but the average investor anticipates a less than 30% likelihood of occurring. Wien started this tradition in 1986 when he was […]
The Justice Department is suing Volkswagen over an emissions-cheating scandal that has affected hundred of thousands of vehicles in the US and millions worldwide. Join the conversation about this story » NOW WATCH: How to cut and drink a fresh coconut read more >>> Source : BusinessInsider.Com
“Violent New Year fireworks,” is how one analyst summed up events on Wall Street where the Dow fell 450 points having its worst opening day in 84… read more >>> Source : EuroNews.Com
By Steve Nicastro Don’t become a small-business statistic. Nearly half of small businesses don’t make it past the first five years, according to the U.S. Small Business Administration. Optimistic owners may underestimate the costs of starting a business, run up too much debt or have bad personal credit that keeps them from getting a business […]
What’s the likelihood of a “scorched earth” oil-price battle between Iran and Saudi Arabia? The experts weigh in. read more >>> Source : CNBC.Com
Pizza Hut and Papa John’s start new year with new sales offer to spur sales growth at U.S. stores. read more >>> Source : CNN Money
Jan 4 (Reuters) – Oculus, the virtual reality company owned by Facebook Inc, said on Monday it would take preorders for its much-awaited virtual reality headset, Rift, from Wednesday. read more >>> Source : Reuters
Electric car company Tesla Motors said it delivered 17,400 vehicles in the October to December quarter. That brings its sales for the whole year to a record 50,580 as it moves to ramp up production of its newest model. read more >>> Source : CBC.Ca
US manufacturing slowed by the greatest amount for six years in December, according to the Institute for Supply Management. read more >>> Source : BBC
You’ve probably heard this expression before: “Don’t put all of your eggs in one basket.” When most people use the phrase, they’re talking about relying too heavily on one person, plan or system. Say there’s only one person in your family who knows how to deactivate your home’s alarm system. That’s putting all of your […]
Stocks are getting destroyed to start 2016. In late-morning trade on Monday the Dow was down well over 400 points while the S&P 500 and Nasdaq were also off more than 2%. This comes after what was an ugly day in Europe and a chaotic start to the year in China, where the CSI 300 […]
2016 has gotten off to a horrible start in the European markets, with every single major bourse closing in the red on the year’s first day of trading. Terrible data from China sent all of Europe’s major stock indices plunging early on Monday morning, and they haven’t really recovered since then. In Britain, the FTSE100 […]
World ETFs swooned on the first trading day of the new year, as the effects of a panicked sell-off in China’s mainland stock markets spread across Asia, Europe and the United States. The Shanghai and Shenzhen markets closed early after respective 7% and 8% plunges reportedly triggered “circuit breakers.” Trading was suspended early to halt […]
DUBAI, Jan 4 (Reuters) – Saudi Arabia’s General Authority for Civil Aviation on Monday halted all flights to and from Iran following Riyadh’s severing of diplomatic relations with Tehran, the authority said on its official Twitter account. read more >>> Source : Reuters
Make 2016 the year you finally get your money under control. read more >>> Source : BankRate.Com
After the Chinese stock market started 2016 with a plunge that unnerved investors globally, here are some questions and answers about the turmoil. read more >>> Source : CTVNews.Ca
BRITAIN’s housing shortage has reached crisis point as the number of prospective buyers dramatically outweighs the number of properties on sale, estate agents said today. read more >>> Source : The Daily Express
* Swedish crown slips after Riksbank opens to intervention (Updates market action, changes dateline, previous LONDON) read more >>> Source : Reuters
Forbes has just released its annual “30 Under 30” list for various industries. One standout on the finance list is 29-year-old Minesh Bhatt, a senior coverage officer in the global family office business at UBS. In that role, he runs $7 billion of the $20 billion UBS manages for wealthy families in the US, according […]
A new report suggests that China’s economic slowdown is pinching luxury real estate globally. read more >>> Source : CNBC.Com
That could accelerate in the fall of Indian rupee as well as most importers have not hedged their positions because of relative Rupee stability. read more >>> Source : EconomicTimes.IndiaTimes.Com