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-
Big Picture Market Perspectives 4/7/17
We've talked about the backdrop in markets, surrounding the lack of visibility on timing and size of Trump policies, that should provide more swings than we've seen in the post-election era. With that said, we end the week with plenty of news to chew on, and stocks swung around by about 2%, but finished about right -
Bookies bet on record weekend of sport
via bbc.co.uk
The Grand National on Saturday is expected to attract about £225m in wagers. -
How loud is too loud?
via bbc.co.uk
Utibe Okuk realised there was a huge demand for loudspeakers in Nigeria, but running his business comes with challenges. -
Non-farm payrol Report in Focus
The highly anticipated non farm payroll report was released this morning with results far below expectations 98K new jobs were created in the month of March well below the 175K expected by a host of analysts The unemployment rate actually fell further than expected down 200 basis points -
Sky's 21st Century Fox takeover cleared by Europe
via bbc.co.uk
EU competition authorities say Rupert Murdoch's US giant can buy the 61% of Sky it does not yet own. -
Pound falls on weak UK economic data
via bbc.co.uk
Sterling weakens after figures show a surprise fall in industrial output and a widening trade deficit. -
Greece agrees basic terms to unlock delayed bailout
via bbc.co.uk
Eurozone finance ministers agree the basis of a deal to unlock Greece's delayed bailout programme. -
Oil price jumps after US strike on Syria
via bbc.co.uk
Brent crude hit its highest level in a month following the US military's missile attack, before falling back. -
US unemployment rate falls to 10-year low
via bbc.co.uk
Far fewer jobs were created in March than expected, but the jobless rate continued to decline. -
A Quick Take on the Jobs Report: More Positive Than We Think?
The monthly jobs report released by the Bureau of Labor Statistics (BLS) this morning was in many ways not as enlightening as usual. The fact that the survey that forms the basis of the report was taken during a week that a heavy snowstorm hit much of the Mid-West and the East Coast makes it hard to see the -
Google adds search results 'fact check' flag
via bbc.co.uk
Websites debunking fake news stories will be displayed more prominently in search results. -
YouTube channels need 10,000 views for adverts
via bbc.co.uk
YouTube video creators will now have to pass a viewing threshold before earning advertising revenue. -
Travel websites ticked off over 'misleading' claims
via bbc.co.uk
Holiday booking websites are not giving accurate price information, says EU consumer protection body. -
Brexit: Bank urges City to 'plan for all eventualities'
via bbc.co.uk
The Bank of England tells City firms they need to plan in case of a "more extreme" Brexit outcome. -
Spotify may bypass IPO and list directly on stock market
via bbc.co.uk
The move is relatively rare for big companies because it means Spotify wouldn't raise any new money. -
OPEC's No.2 Goes Rogue: Plans 600,000 Bpd Oil Output Increase
Iraq has plans to boost its crude oil production by 600,000 bpd to5 million bpdby the end of this year, regardless of its participation in OPEC’s production cut deal. Iraq is the cartel’s second-biggest exporter of crude and has been the most disinclined of all parties to the agreement since its inception, with a -
Screwing Up Metrics In A Consumer Driven Economy
During the 1928 presidential campaign, Herbert Hoover promised “ a chicken in every pot and a car in every garage ." The vast majority in 2017 can afford the chicken and the car.Chicken has roughly doubled in price since 1980 whilst the CPI has gone up 4 times. Chicken is still affordable.Used car prices -
Lloyds to pay £100m fraud compensation
via bbc.co.uk
Six people, two from HBOS in Reading, were jailed in February for stealing from business customers. -
UK industrial output falls in February
via bbc.co.uk
Unexpectedly warm weather drove the change, because of a fall in electricity and gas demand. -
A week of turmoil in South Africa
via bbc.co.uk
The BBC's Lerato Mbele reports on a week of political and economic turmoil in South Africa. -
Co-op Bank receives takeover 'proposals'
via bbc.co.uk
The struggling lender say it has selected "several parties" to enter the next phase of bid talks. -
House price growth at lowest for four years, says Halifax
via bbc.co.uk
House prices rise by 3.8% in the year to March, half the rate of a year ago, says the Halifax. -
McLaren to 3D-print parts at Bahrain F1 Grand Prix trackside
via bbc.co.uk
The British race team will redesign parts to suit track conditions at the Bahrain Grand Prix. -
Malaysian Grand Prix: Sepang to drop off F1 calendar after 19 years of racing
via bbc.co.uk
The Malaysian Grand Prix will not be on the F1 calendar from 2018 after 19 years of racing there. -
German Mittelstand wants 'soft Brexit'
via bbc.co.uk
The country's small and medium-sized firms say a "hard Brexit" would harm both Germany and the UK. -
Couples hire wedding gift card machines
via bbc.co.uk
Cash as a gift has long been a tradition in Zimbabwe, but with a severe cash crisis, things are changing. -
India buffalo abattoirs sit empty after government crackdown
via bbc.co.uk
India is the world's biggest exporter of buffalo meat but firms are hit by a crackdown on abattoirs. -
Fertile ground
via bbc.co.uk
The "femtech" market is booming, but are apps aimed at women effective and reliable?
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