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Business Maverick: Tuesday May 14, Five Things You Need to Know to Start Your DayU.S. stocks plunged after China hit back at Trump, and Asian futures indicate the selloff is far from over. Uber’s skid continues and in the Philippines, Duterte’s allies lead the Senate vote. Here are some of the things people in markets are talking about today.
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Business Maverick: Friday, May 10: Five Things You Need to Know to Start Your DayChina and U.S. trade representatives meet in Washington to try to salvage a deal before tariffs go up at midday Hong Kong time, Uber’s IPO is set to become one of the 10 largest U.S. listings, and a new North Korean missile launch suggests trouble for nuclear talks. Here are some of the things people in markets are talking about today.
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Business Maverick: Thursday May 9: Five Things You Need to Know to Start Your DayU.S. stocks fluctuated but ended with a flop as Washington and Beijing offered conflicting messages on trade. Futures in Asia pointed lower, too. The U.S. tightened the screws on Iran after its ultimatum to Europe. And the U.S. Secretary of State slaps a stunner on Britain. Here are some of the things people in markets are talking about today.
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Business Maverick: May to Bring Brexit Deal Back to Parliament at Start of JuneTheresa May set a date for her final Brexit showdown, promising to bring her deal back to Parliament at the start of June. Talks with the opposition Labour Party haven’t yielded an agreement, but she’s hoping members of Parliament, stung by voter revolts, will back her in order to end the process that’s tearing both main parties apart.
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BUSINESS MAVERICK: Five post-election economic milestones to watchUnless the government adopts market-friendly economic policies that stimulate growth and job creation, the 2024 national election is likely to be a fraught affair. What are the five milestones that investors will take comfort from after the 2019 election? Insightful article. 👌
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Business Maverick: Barrick CEO Expects to Raise $1.5 Billion Through Asset SalesBarrick Gold Corp., which completed its acquisition of Randgold Resources Ltd. at the beginning of the year, has identified $1.5 billion in assets the miner intends to sell, Chief Executive Officer Mark Bristow said.
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Business Maverick: Vodacom making good on key strategic growth areasVodacom has taken a small but significant step by acquiring a majority stake in IoT.nxt – a local Internet of Things company, signalling that it may see its future leaning towards new services technologies.
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Business Maverick: Uber Shares Are Quickly Approaching ‘White Knuckle’ TerritoryWith Uber Technologies Inc.’s shares plunging nearly 20% below its IPO price on Monday, the stock might be fast approaching a “white knuckle” territory, according to one Wall Street analyst.
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Business Maverick: U.S. Readies New Tariffs as Trump Says He’ll Meet China’s XiThe U.S. prepared to hit China with new tariffs even as President Donald Trump said he’ll meet his Chinese counterpart, Xi Jinping, at next month’s G-20 summit, an encounter that could prove pivotal in a deepening clash over trade.
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Business Maverick: Global Stock Losses Hit $2.1 Trillion Ahead of Tariff DeadlineA are hours away from additional tariffs getting slapped on Chinese goods, with the U.S. and China in pivotal trade negotiations, fear has gripped markets and the level of sensitivity to any trade headline is extremely high.
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