World
Australian prime minister says there is ‘great concern’ across the Pacific after Solomon Islands-China deal
Prime Minister Scott Morrison speaks in a Q&A on March 16, 2022 in Perth, Australia. Matt Jelonek | Getty Images Australia Prime Minister Scott Morrison said on Saturday there was “great concern” across the Pacific after Solomon Islands confirmed it was creating a security partnership with China. The Pacific island nation on Friday said it […]
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Australia confirms journalist Cheng Lei will face Chinese court
CGTN anchor Cheng Lei speaking on stage at the Corporate Innovation Summit during day two of Web Summit 2019 at the Altice Arena in Lisbon, Portugal. Piaras Ó Mídheach | Sportsfile | Getty Images Australia’s foreign minister on Saturday confirmed that Cheng Lei, an Australian journalist who has been detained in China for 19 months […]
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Stocks could take their cue from oil, inflation and interest rates in the week ahead
Traders on the floor of the NYSE, Feb. 24, 2022. Source: NYSE March’s employment report is coming up in the week ahead, but developments in Ukraine, the price of oil and an inflation report are likely to steer the market. Stocks notched gains for the week, while interest rates ripped higher and oil prices jumped. […]
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Investing Club: Here’s a new reason to buy Apple, even after its nine-day winning streak
We believe an iPhone subscription service would solidify Apple’s position as a technology consumer staple and its elevated stock multiple. Source
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Investing Club: The best investors balance a long view with a short focus. Here’s how to do it
Maintaining both a long view and focusing on the shorter term at the same time is tough. The Club shows us how the pros do it. Source
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The bull case on Apple that could take it 70% higher from here, according to Evercore ISI
Some multi-billion opportunities in AR/VR, advertising and more could help the tech company hit the upside scenario. Source
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Venture capital fund backed by Russian oligarch Abramovich removes all traces of operations online
Chelsea owner Roman Abramovich is seen on the stand during the Barclays Premier League match between Chelsea and Sunderland at Stamford Bridge on December 19, 2015 in London, England. Clive Mason | Getty Images A venture capital fund backed by sanctioned Russian billionaire Roman Abramovich appears to be trying to wipe any trace of its […]
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Spotify pulls out of Russia citing new laws restricting free expression
Spotify app Jaap Arriens | NurPhoto | Getty Images Spotify said Friday it’s pulling out of Russia entirely because recent laws restricting news operations could put the streamer’s employees and listeners at risk. It expects operations to be fully suspended by the end of April. Spotify’s decision to pull out of Russia underscores the balance […]
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Reports of huge fire at Aramco oil facility in Saudi Arabia
Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Reuters A huge plume of smoke could be seen above an oil facility in the Saudi Arabian city of Jeddah on Friday, according to multiple media reports, shortly after Yemen’s Houthi group said they would be […]
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Treasury Secretary Yellen sees no need for China sanctions as U.S. tries to deter aid to Russia
Treasury Secretary Janet Yellen on Friday said she does not believe the U.S. should impose sanctions on China because of its ties to Russia. “I don’t think that that’s necessary or appropriate,” the Treasury secretary told “Squawk Box” of potential penalties on Beijing. “Senior administration officials are talking privately and quietly with China to make […]
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