This week is going to be a very interesting week with so many news coming out to the market that can greatly affect the month of August. Bulls are fighting really hard to stay ahead and bears could be potentially lurking around the corner. Will this week spark a catalyst to tilt one of them […]
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BBC News – Business- US to end sanctions exemptions for major Iranian oil importersThe move, which could affect five countries, is intended "to bring Iran's oil exports to zero".
- 'Dark kitchens': Are they the future of takeaways?We take a look inside a hidden-away kitchen that makes takeaways customers can only access via an app.
- Samsung Galaxy Fold launch events delayed in ChinaTwo events are postponed following reports of broken screens from smartphone reviewers.
- Asos billionaire loses three children in Sri Lanka attacksDanish billionaire Anders Holch Povlsen and his family were visiting Sri Lanka, where three of his four children died.
- Lack of bank account 'costs £500 extra a year' in billsPeople without a bank account pay more for energy, loans and mobile phone deals, research suggests.
- Carlos Ghosn: Former Nissan boss hit with fresh chargeCarlos Ghosn, who denies any wrongdoing, now faces four charges in Japan over misconduct allegations.
- Why the US-China rivalry will not end with a trade dealAs the US and China edge closer to a trade deal, analysts expect a new battle in the technology sector.
- Tesla says investigating car explosion in ShanghaiA video circulating on Chinese social media appears to show a parked Tesla car erupting into flames.
- Seventy-six pubs 'shutting per month', but closure rate slowingBut the rate of closure is slowing because of cuts to business rates, new research suggests.
- Thomas Cook reportedly receives bids for firmIt put its airline up for sale in February, but suitors have also expressed interest in the whole company.
- US to end sanctions exemptions for major Iranian oil importers
- Reuters: Business News
- Herman Cain withdraws from consideration for Fed seat, Trump saysHerman Cain, facing resistance from his own political party, has withdrawn from consideration for a seat on the Federal Reserve Board, U.S. President Donald Trump said on Monday.
- Tesla reveals computer chip at heart of self-driving initiativeTesla Inc unveiled on Monday technical details on the computer chip at the center of its self-driving strategy as Chief Executive Elon Musk tries to show that the electric car maker's massive investment in the sector will pay off.
- Bombardier eyes higher sales from retrofitting trainsCanada's Bombardier Inc sees higher sales from modernizing existing rail cars as the company works to further diversify its largest division as measured in revenue, a spokesman said this month.
- Nissan to reject new integration proposal from Renault: NikkeiNissan Motor Co Ltd will reject a management integration proposal from French partner Renault SA and will call for an equal capital relationship, the Nikkei newspaper said on Monday, citing sources.
- Barclays to cut investment bankers' bonuses: FTBarclays Plc is planning to cut bonuses for investment bankers as it steps up its defense against activist investor Edward Bramson ahead of next week's annual meeting, the Financial Times reported on Monday.
- Starbucks' China challenger Luckin Coffee files for U.S. listingLuckin Coffee Inc, the Chinese challenger to Starbucks Corp, on Monday filed for an initial public offering with the U.S. Securities and Exchange Commission, after being valued at nearly $3 billion in its latest round of funding.
- Wall Street pauses ahead of big earnings waveU.S. stocks were little changed on Monday, as investors were cautious ahead of a barrage of quarterly earnings reports from major companies.
- Oil jumps on U.S. plans to tighten Iran sanctions; dollar easesCrude oil jumped almost 3% on Monday after the United States said it will take more steps to choke off Iranian oil exports, while U.S. equities were little changed as Wall Street braced for corporate results in a busy earnings week.
- Oil hits 2019 high on U.S. plan to tighten squeeze on IranOil prices jumped more than 2 percent on Monday to a near six-month high, on growing concern about tight global supplies after the United States announced a further clampdown on Iranian oil exports.
- U.S. names experts to Boeing certification review panelU.S. Transportation Secretary Elaine Chao said on Monday she named four experts to a blue-ribbon committee to review the Federal Aviation Administration's (FAA) aircraft certification process after two deadly Boeing 737 MAX crashes killed nearly 350 people.
- Herman Cain withdraws from consideration for Fed seat, Trump says