Norway Sovereign Wealth Fund to Divest From Petroleum Stocks

Norway's sovereign wealth fund is the largest in the world funded through oil and gas revenues. "The goal is to make our collective wealth less vulnerable to a lasting fall in oil prices", the Financial Times quoted Finance Minister Siv Jensen as... More..

by | Published more than a month ago
Quadriga's crypto-cash disappeared before founder's death
by | Friday, March 08, 2019

Quadriga's crypto-cash disappeared before founder's death

The saga that surrounds the missing $190 million that QuadrigaCX , a now-defunct exchange, claims are locked in cold wallets that only their late CEO had access to is only getting stranger as time goes on,...More..

Elizabeth Warren wants to break up Amazon, Facebook and Google
by | Friday, March 08, 2019

Elizabeth Warren wants to break up Amazon, Facebook and Google

Warren continues to churn out policy, outpacing fellow 2020 contenders and pushing the field left. Before that, she announced sweeping taxes on the ultra-rich . Warren would also appoint federal regulators "co...More..

Two $50,000 Powerball tickets sold in New Orleans metro
by | Friday, March 08, 2019

Two $50,000 Powerball tickets sold in New Orleans metro

Saturday's prize rises to an estimated $414 million. The drawings are held at 9:59 p.m. Although no one won the jackpot prize last night, one person from Puerto Rico matched five of the winning numbers and th...More..

Canada racks up record trade deficit as energy exports slump
by | Friday, March 08, 2019

Canada racks up record trade deficit as energy exports slump

Crude exports actually fell 28.7 percent to just $3.3 billion representing the largest decline since December of 2008. Imports increased by 1.6 percent, the first gain since May, on higher imports of energy p...More..

China exports saw biggest fall in three years in February
by | Friday, March 08, 2019

China exports saw biggest fall in three years in February

However, analysts caution it is hard to compare trends in China's data at the start of the year due to the Chinese New Year holiday, which came in early February this year and can affect business activity. Anot...More..

Amazon plans to open dozens of grocery stores
by | Friday, March 08, 2019

Amazon plans to open dozens of grocery stores

The WSJ , whospoke to someone familiar with the matter, claimed that the goal of the new stores will be to enter the traditional grocery market, which is now dominated by a number of incumbents such as Walmart...More..

Las Vegas Officials Recommend Elon Musk's Company for Transit System
by | Friday, March 08, 2019

Las Vegas Officials Recommend Elon Musk's Company for Transit System

This undated conceptual drawing provided by The Boring Company shows a high-occupancy Autonomous Electric Vehicle (AEV) that would run in a tunnel between exhibition halls at the Las Vegas Convention Center ...More..

Aurora Cannabis Inc. (ACB)
by | Friday, March 08, 2019

Aurora Cannabis Inc. (ACB)

Investors might be looking into the magic eight ball trying to project where the stock market will be heading over the next few months. Acquiring the most possible knowledge about the markets and individual sto...More..

Eurozone singled out as OECD cuts growth forecast across globe
by | Friday, March 08, 2019

Eurozone singled out as OECD cuts growth forecast across globe

The OECD reduced its forecasts for nearly all the world's major economies. A a sharper slowdown in the Chinese economy would have "significant adverse consequences for global growth and trade". European policym...More..

Tariff increase granted to Eskom rewards corruption - Joburg mayor
by | Friday, March 08, 2019

Tariff increase granted to Eskom rewards corruption - Joburg mayor

The Reserve Bank expects headline inflation to reach 4.8% in 2019 before increasing to 5.3% in 2020 and moderating to 4.8% in 2021. However, instead of three consecutive price hikes of more than 15%, Nersa gr...More..

Goodyear Designs Tire to Turn Cars Into Flying DeLoreans
by | Friday, March 08, 2019

Goodyear Designs Tire to Turn Cars Into Flying DeLoreans

This concept would work both as a tyre for driving on the road and a "propeller" for flying through the sky. We have some airplane prototypes that are basically just airplanes with wheels , but that's about it...More..

France to create a 3% tax on internet giants' revenue
by | Friday, March 08, 2019

France to create a 3% tax on internet giants' revenue

France will introduce a bill Wednesday (6 February) to tax internet and technology giants on their digital sales, and thus curb efforts to pay global levies in countries with lower tax rates. The European Union...More..

Bengaluru to see the fastest rise in ultra rich globally
by | Friday, March 08, 2019

Bengaluru to see the fastest rise in ultra rich globally

Gold - which is not on the list as it is not classed as a "passion investment" - grew by just four per cent in 2018. Rare whisky was the most lucrative investment tracked in a new luxury asset index, rising 4...More..

Juan Guaido Prepares to Meet With Venezuelan State Workers
by | Friday, March 08, 2019

Juan Guaido Prepares to Meet With Venezuelan State Workers

The Maduro government's decision not to move against Mr Guaido on Monday reflects the intense pressure Mr Maduro faces, yet he was defiant during a ceremony marking the sixth anniversary of the death of his pre...More..

Bugatti Sells Most Expensive Car Ever Built for $19 Million
by | Friday, March 08, 2019

Bugatti Sells Most Expensive Car Ever Built for $19 Million

Set to cost more than R176 million, the auto was built as a once-off unique creation for only one Bugatti owner to celebrate the company's 110th anniversary. All this sits above a bespoke exhaust set-up compr...More..

Aon elects not to pursue merger with global counterpart
by | Friday, March 08, 2019

Aon elects not to pursue merger with global counterpart

If a company is less stable over the course of time, they will have a higher score. The Value Composite Two of Willis Towers Watson Public Limited Company (NasdaqGS: WLTW ) is 43. In general, a company with a...More..

Deep rifts in Justin Trudeau camp exposed
by | Friday, March 08, 2019

Deep rifts in Justin Trudeau camp exposed

Butts testified he only found out the Attorney General had reached a decision to not proceed with a Deferred Prosecution Agreement with the Quebec engineering giant last week when she spoke before the committee...More..

Announcing Uber's 2018 Lost & Found Index
by | Thursday, March 07, 2019

Announcing Uber's 2018 Lost & Found Index

According to the index, the people of Lethbridge forgot the most amount of items while using the popular driving service, Uber. Each year, Uber releases its report to offer customers a snapshot into its data ...More..

Target holiday quarter comparable sales beat estimates
by | Thursday, March 07, 2019

Target holiday quarter comparable sales beat estimates

Target posted what it called the biggest rise in comparable sales in 13 years in 2018, buoyed by its fast-growing e-commerce operation and a push to marry the in-store and digital experiences. This morning on ...More..

Passengers, Crew Quarantined at London Airport After Sickness Outbreak
by | Thursday, March 07, 2019

Passengers, Crew Quarantined at London Airport After Sickness Outbreak

In what it calls "a significant change for the aviation industry", Virgin Atlantic has announced that its cabin crew need no longer wear make-up. Passenger Trevor Wilson said "a bad chesty cough, possibly a c...More..

FDA warns of asbestos in Claire's makeup; company disputes
by | Thursday, March 07, 2019

FDA warns of asbestos in Claire's makeup; company disputes

All possibly toxic Justice products were recalled by the company in 2017, but the FDA was forced to issue a safety alert warning about three asbestos containing products from Claire's that could possibly still ...More..

Chick-fil-A brings back Fish Sandwich in time for Lent
by | Thursday, March 07, 2019

Chick-fil-A brings back Fish Sandwich in time for Lent

Chick-Fil-A's pescatarian options became a cult favorite over the years with many of their customers who don't observe the religious holiday looking forward to its addition. While the sandwich is largely being ...More..

All Charlotte Russe stores to close; liquidation sales starting immediately
by | Thursday, March 07, 2019

All Charlotte Russe stores to close; liquidation sales starting immediately

Wednesday night, the company posted on its website that its online store had closed. Going out of business sales have already begun and their online store is now closed. At the time of the Chapter 11 filing...More..

Dollar Tree chops value of Family Dollar brand, to shut 390 stores
by | Thursday, March 07, 2019

Dollar Tree chops value of Family Dollar brand, to shut 390 stores

Family Dollar will be closing almost 400 stores over the next several months around the country. Family Dollar will close 390 stores this year in hope that it will reverse its financial woes, the discount ret...More..

Amazon to expand real-world store presence
by | Thursday, March 07, 2019

Amazon to expand real-world store presence

The pop-ups, which were first set-up five years ago, will all be gone by April 29. The store has sold Amazon tablets, e-readers, Echo smart speakers and smart-home gadgets. The front view of an Amazon Black Fri...More..

by | Thursday, March 07, 2019

BMW may shift Mini production from United Kingdom in no-deal Brexit

Mr Peter Schwarzenbauer , head of BMW's Mini brand told Sky News the firm will not be able to afford the costs to production of the Minis if export tariffs were introduced in a no-deal Brexit. A senior exe...More..

Tesla launches speedy Supercharger 3.0 and pledges to halve charging times
by | Thursday, March 07, 2019

Tesla launches speedy Supercharger 3.0 and pledges to halve charging times

Ideal for those quick bathroom stops. The electric auto firm's V3 Supercharger system is built on an entirely new architecture, with a 1MW power cabinet that can charge at up to 250kW per vehicle. That in t...More..

Binance Coin (BNB) is a
by | Thursday, March 07, 2019

Binance Coin (BNB) is a "New Bitcoin", Says TRON CEO Justin Sun

Disclosure: The author holds BTC, LTC, ETH, ZEC, AST, REQ, OMG, FUEL, ZIL, 1st and AMP at the time of writing . Binance coin is now the 7th largest cryptocurrency. Binance Coin's official Twitter accou...More..

Bezos, Gates and Buffett still top Forbes ultra rich list
by | Thursday, March 07, 2019

Bezos, Gates and Buffett still top Forbes ultra rich list

But not in the U.S. Here the uber-wealthy ranks rose to a record 607 people in this year's rankings . Download the Yahoo Finance app, available for Apple and Android . Also on the list were Jollibee Foods...More..