It has been a bloody last week that wipe out the entire gains since mid-December. Now with the bear appearing in full force, is this just a pullback to continue the uptrend or is this a potential change of trends? What can happen this week that can change the market? This week highlighted several futures, […]
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BBC News – Business- Davos 2019: 'I’m the boss, he’s the spouse'Gender equality remains high on the agenda at Davos, but has anything really changed?
- Why your replacement heart could be made in space one dayMicrogravity is ideal for making a range of materials, but will space manufacture ever be cost effective?
- Donna Hay whips up her next ventureDonna Hay, "Australia's culinary queen", mulls her next move after publishing the 100th and final issue of her magazine.
- IMF warns trade tensions could hit growthThe Fund cuts its 2019 growth prediction from 3.7% to 3.5% and says trade spats could make things worse.
- HMRC error hits early-filing taxpayersThe tax authorities have been forced to apologise for two mistakes - wrongly charging penalties and for denying it had made the mistake.
- Google hit with £44m GDPR fine over adsGoogle has been fined 50 million euros (£44m) by the French data regulator CNIL.
- Card surcharges: Customers charged hundreds illegallyThe University of Hull was among businesses illegally charging customers more for paying by card.
- Amazon, Apple and Google face data complaintsThe entertainment streaming giants are accused of breaking the EU's data protection rules.
- BAE Systems sells control of vehicles arm to RheinmetallDefence giant BAE Systems sells majority stake in tank and armoured vehicle business to Rheinmetall.
- Rolls-Royce vies for UK nuclear roleIt is in talks with China's state-run CGN over providing systems for a new UK nuclear plant.
- Davos 2019: 'I’m the boss, he’s the spouse'
- Reuters: Business News
- Japan firms have no plans to strengthen governance after Ghosn arrest: Reuters pollThree-quarters of Japanese companies have no plan to create committees overseeing compensation or executive nomination, a Reuters poll found, reflecting indifference to boosting governance after the arrest of former Nissan boss Carlos Ghosn.
- Canadian railways ration space as commodity congestion problems worsenCanada's two major railways are rationing space on trains traveling to the country's biggest port and recently prioritized some commodities over others to deal with congestion, the latest indication of their struggle to meet demand from new trade deals.
- Japan firms wary of boosting investment amid intensifying trade war: Reuters pollOver a third of Japanese firms aim to raise capital expenditure in the fiscal year starting April, with many others worried about the impact on spending plans of a trade war between major markets China and the United States, a Reuters survey showed.
- China's 2018 growth slows to 28-year low, more stimulus seenChina's economy cooled in the fourth quarter under pressure from faltering domestic demand and bruising U.S. tariffs, dragging 2018 growth to the lowest level in nearly three decades and pressuring Beijing to roll out more stimulus to avert a sharper slowdown.
- France considers bill amendment to target Huawei: Les EchosFrance is considering introducing a bill amendment to empower its security and defence watchdogs to make retroactive checks to telecoms operators' equipment once installed, targeting China's Huawei, Les Echos newspaper reported on Monday without citing sources.
- Oil edges up as investors latch on to OPEC cuts, supply outlookOil prices edged up on Monday, reversing earlier losses, as investors shrugged off data that confirmed China's economic growth is cooling and instead latched on to positive supply-side drivers for the market.
- IMF, CEOs sound warnings as leaders gather in DavosThe International Monetary Fund trimmed its global growth forecasts on Monday and a survey showed increasing pessimism among business chiefs as trade tensions and uncertainty loomed over the world's biggest annual gathering of the rich and powerful.
- SMBC urges jetmakers to erase production snags before raising outputThe head of one of the world's largest aircraft leasing companies has told leading planemakers to "get their house in order" and wipe out manufacturing delays before pushing already record production rates to even higher levels.
- Apollo nears $3.8 billion-plus deal for packaging group RPC: WSJPrivate equity company Apollo Global Management is in advanced talks to buy Europe's biggest plastics packaging maker RPC Group for more than $3.8 billion, the Wall Street Journal reported on Monday.
- France fines Google $57 million for European privacy rule breachFrance's data protection watchdog fined Alphabet's Google 50 million euros ($57 million) on Monday for breaching European Union online privacy rules, the biggest such penalty levied against a U.S. tech giant.
- Japan firms have no plans to strengthen governance after Ghosn arrest: Reuters poll