Bloomberg Dollar Clings to Post-Payrolls Rally as Kiwi Weakens With YenBloombergThe dollar held a three-day advance against major peers Monday after greater-than-forecast U.S. jobs growth spurred traders to increase bets the Federal Reserve will raise interest rates this year. The Bloomberg Dollar Spot Index has gained as the …FOREX-Dollar holds upper hand after stellar US jobs […]
Fortune Why Uber Couldn't Crack ChinaFortuneDidi Chuxing is the ride-sharing app's newest friend. Robert Salomon is an associate professor of international management at the New York University Stern School of Business and author of Global Vision: How Companies Can Overcome the Pitfalls of …Why Uber Might Stalk an IPO Sooner Rather Than LaterWall Street JournalCapital Gains: […]
Bloomberg Airbus Says U.K. Fraud Office Starts Criminal Bribery ProbeBloombergAirbus Group SE said the U.K. Serious Fraud Office has opened a criminal investigation into allegations of fraud, bribery and corruption relating to some of its third-party consultants. The Toulouse, France-based planemaker said in a statement Sunday …UK Investigates AirbusWall Street JournalSerious Fraud Office launches corruption […]
Yahoo News This ridiculous bus could change public transportation foreverYahoo NewsSo. Remember when images of this hypothetical “straddling bus” — built to literally act as a moving bridge on highways — first hit the internet? The group consensus was one very long “Hmm,” both due to the enormity and cumbersome nature of the design.Is China's […]
Columbia Daily Herald Jobs report shows strong growthColumbia Daily HeraldWASHINGTON — The second straight month of surprisingly strong job growth shows the labor market has regained its health after a springtime stumble, and economists welcomed the news after recent signs of weakness in the broader U.S. economy. Private- …Jobs Data You Can't Afford to IgnoreValueWalkOther View: […]
Washington Post Thai Economy Feels Sting From Political UncertaintyNew York TimesBANGKOK — Thailand's stagnating economy is unlikely to get much of a boost from a referendum Sunday on a new constitution proposed by the military government, which took power in a 2014 coup. A "yes" vote could, however, tamp down some of the …Disappointing numbers add […]
Business Insider Wall Street Week Ahead: Again at highs, stocks to take cues from consumerBusiness InsiderNEW YORK (Reuters) – A U.S. stock market that rose again to record highs on Friday on the back of a robust employment report will take its cues next week from a facet of the economy that also has shown […]
Wall Street Journal Nasdaq and S&P 500 Climb to RecordsWall Street JournalStocks rallied Friday, pushing the tech-heavy Nasdaq Composite Index and the broader S&P 500 to records, as renewed confidence in the U.S. economy and continued help from central banks around the world have sent investors back into riskier assets.S&P 500 Shakes Off Doldrums to […]
Chicago Tribune Giant bus that straddles roads to go over cars takes off in ChinaChicago TribuneEvery urban commuter laments the twice-a-day headache of traffic congestion and the often disappointing alternatives that mass transit offers. A Chinese company has officially rolled out one potential solution: the TEB-1, or Transit Elevated Bus. The …Will China's 'elevated bus' […]
Reuters Strong US employment report brightens economic outlookReutersWASHINGTON U.S. employment rose more than expected for the second month in a row in July and wages picked up, bolstering expectations of faster economic growth, and raising the probability of a Federal Reserve interest rate increase this year. Nonfarm …Robust Jobs Report Spurs Fed WatchWall Street Journal5 Things […]