Kiwis are being warned to be on the lookout for a “treacherous trio of scams” on the rise during the global pandemic. The Financial Markets Authority (FMA) issued the warning today after an increase in complaints about investment scams and fraud lodged with the regulator in the first half of this year. The markets watchdog […]
Cathie Wood, founder and CEO of ARK Investment Management LLC, speaks during the Skybridge Capital SALT New York 2021 conference in New York City, U.S., September 13, 2021. REUTERS/Brendan McDermidNEW YORK (Reuters) – Star stock picker Cathie Wood of ARK Invest on Tuesday reiterated her call that slowing economic activity in the United States will […]
When most people think of renewable energy, they envision battery-powered vehicles or wind turbines. But there’s another energy source on the scene and it’s starting to pick up steam. Hydrogen could become the next dominant player in the renewables space as macro tailwinds drive adoption, affordability and innovation, according to the BNY Mellon Mobility Innovation […]
FILE PHOTO: Federal Reserve Chair Jerome Powell testifies during a U.S. House Oversight and Reform Select Subcommittee hearing on coronavirus crisis, on Capitol Hill in Washington, U.S., June 22, 2021. Graeme Jennings/Pool via REUTERS/File PhotoWASHINGTON (Reuters) – The Democratic architects of a key overhaul of U.S. financial regulation a decade ago called on President Joe […]
In 2017, Viacom turned to one of Hollywood’s most seasoned and respected executives, James N. Gianopulos, to revive its flatlining Paramount Pictures operation. Mr. Gianopulos quickly stabilized the 1910s-era studio — repairing relationships with filmmakers and producers, building a thriving television division from near-scratch, and restoring Paramount to profitability. He was ousted on Monday, with […]
NEW YORK (Reuters) – The S&P 500 closed higher on Monday, ending a five-day losing streak as investors focused on potential corporate tax hikes and upcoming economic data. The Dow Jones Industrial Average also advanced, but the Nasdaq Composite Index ended lower. Investors favored value over growth, with stocks set to benefit most from a […]
BEIJING (BLOOMBERG, AFP) – China Evergrande Group said on Monday (Sept 13) it is facing “unprecedented difficulties” but denied rumours that it is about to go bankrupt, as the conglomerate battles to reassure investors and bring down its huge debt pile. Evergrande is facing mounting protests by homebuyers, retail investors and even its own employees, […]
BERLIN (Reuters) – Germany’s Free Democrats, potential kingmakers in coalition talks after a Sept. 26 election, want to boost investment, their leader told Reuters on Monday, lowering the hurdles to a three-way coalition with the centre-left Social Democrats and Greens.FILE PHOTO: Germany’s Free Democratic Party (FDP) leader Christian Lindner speaks after German Chancellor Angela Merkel […]
Tesco launches reusable packaging trial – as Waitrose scraps single-use plastic bags from deliveries
Tesco has launched a trial allowing customers to buy products from shower gel to sugar in reusable packaging. The move by Britain’s biggest supermarket is part of its strategy to cut plastic waste – a scourge that has been highlighted by high-profile coverage such as Sky’s Ocean Rescue. Tesco’s launch will allow customers to buy […]
SINGAPORE – Buyers’ interest in the property market continued with the latest Parc Greenwich executive condominium seeing brisk sales on its launch weekend. Some 65 per cent of units – 322 out of a total of 496 available – were sold at an average price of $1,200 per square foot (psf) as at Sunday (Sept […]