Business Maverick: Wednesday April 24: Five Things You Need to Know to Start Your Day

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 84%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Business Maverick: Wednesday April 24: Five Things You Need to Know to Start Your Day By Bloomberg

The S&P 500 and Nasdaq reached new milestones as Twitter, Lockheed Martin and Hasbro climbed following favorable first-quarter reports, adding to a rally led by the biggest technology companies. Crude also extended its climb as the U.S. tightened the screws on Iran. Saudi Arabia is ready to boost output, but wants to first see a drop in Iranian shipments, people familiar said.Islamic State claimed responsibility for the deadly blasts in Sri Lanka.

The two-part offering will be split between euros and dollars and are expected to price Wednesday. These could be the last Netflix notes for a while, as CEO Reed Hastings said earlier this month that the company won’t be borrowing forever.SoftBank is considering an investment in Wirecard that could give it a 5 percent stake in the beleaguered German online payment firm.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: Wednesday April 17: Five Things You Need to Know to Start Your DayTrump’s trade negotiations stir alarm, US stocks rise, Indonesia goes to the polls. Here are some of the things people in markets are talking about.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Thursday April 18: Five Things You Need to Know to Start Your DayChina and the U.S. schedule yet more tariff talks. Corporate earnings, not trade, remain the focus for markets. And a special note to readers: We're planning to make the redacted Mueller report available soon after the Department of Justice releases it on Thursday. Here are some of this morning’s key stories.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Tuesday, April 23: Five Things You Need to Know to Start Your DayOil market surges after Trump’s move to cut Iran’s crude exports, Samsung pulls its folding phone and Sri Lanka lays the blame for an Easter Sunday attack on local terror group. Here are some of this morning’s key stories.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Apple Puts Need for 5G Ahead of Legal Fight in Qualcomm DealApple Inc. put its flagship product, the iPhone, ahead of distaste for the way Qualcomm Inc. does business in settling a bitter, two-year legal dispute with the chipmaker.
Source: dailymaverick - 🏆 3. / 84 Read more »

BUSINESS MAVERICK: China, South Africa and the middle-income trapChina and South Africa seem so distant and so different. Chinese economic growth has been fabulous; over the past decade, South Africa’s has been miserable. China is enormous; SA is small… and so on. But in one singular respect, China and South Africa are similar — they may be both caught in the middle-income trap. If there is such a thing.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Reported Fires Threaten China’s Electric-Car QuestIn China, where the quality and safety of electric vehicles and their batteries have been increasingly called into question, electric cars bursting into flames have underscored longstanding issues with China's electric-vehicle push, writes Adam Minter for Bloomberg Opinion.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Musk Makes Self-Driving Technology Tesla’s Costly New CallingTesla Inc.’s calling used to be bringing affordable electric cars to the masses. Elon Musk is now ripping up the script, vowing to pair self-driving technology with a sharing service that will make it crazy for consumers to buy other cars.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Saudis Pledge to Ensure Oil Supply if Iran Exports CollapseSaudi Arabia will coordinate with other crude producers to ensure that adequate supplies are available and the market “does not go out of balance,” Energy Minister Khalid Al-Falih said, after the U.S. ended waivers for buyers of Iranian oil.
Source: dailymaverick - 🏆 3. / 84 Read more »

BUSINESS MAVERICK: Shoprite’s R3.3bn payout proposal to Christo Wiese could easily be voted downWhen a company puts out an announcement involving R3.3bn on a Thursday afternoon before a long weekend, you have to wonder. And that is what the financial community has been doing about Shoprite’s proposal to pay its chairman R3.3bn for high voting-power shares with an actual monetary value of, well, nothing. There are some who think it’s a deal worth doing, but some significant shareholders on Tuesday said, very firmly, they would be voting against the proposal. The deal could very easily fail. Former Steinhoff Chairman Christo (I know nothing, I am the victim) Wiese who presided over the biggest financial disaster in SA, should all his assets frozen NOW. It will be immoral not to vote this down, otherwise you are all accomplices
Source: dailymaverick - 🏆 3. / 84 Read more »

BUSINESS MAVERICK ANALYSIS: Central banks’ musical chairs put independence up for grabsA changing of the guards at central banks around the world at a time when the value of both political and operational central bank independence is up for debate could yield some surprises. History shows these can be pretty dramatic as tensions run high between presidents and bank governors.
Source: dailymaverick - 🏆 3. / 84 Read more »