World News & Analysis 3 April 2018

Amazon shares turn negative after Trump bashes company for a fourth time in a week

President Donald Trump took to Twitter for the fourth time in one week to bash e-commerce company Amazon.

Read More →

Zimbabwe is intent on 'leapfrogging 18 years of isolation' with China's help

Zimbabwean President Emmerson Mnangagwa touched down in China this week for his first state visit outside of Africa.

Read More →

Snap is in talks to set up shop in Saudi Arabia

The company is also developing a content deal with one of Crown Prince Mohammed bin Salman's foundations to teach Saudi youth how to use Snapchat, according to a source.

Read More →

Saudi Arabia and Iran's 'intensifying' feud could soon end OPEC-led supply cuts, strategist says

Elevated geopolitical tension between Saudi Arabia and Iran could soon threaten the unity of an OPEC-led pact to keep oil prices in check, according to one commodity strategist.

Read More →

Amazon could 'take Google to the cleaners' in retail search with a $20 billion ad business, analyst says

Amazon's nascent advertising business could be worth around $20 billion in 2020, media analyst Alex DeGroote says.

Read More →

Kuroda says the Bank of Japan is talking about an exit from its huge stimulus program

The central bank has a current pledge to buy $80 trillion yen of bonds a year.

Read More →

This small firm stopped accepting cash — and it's been 'great for business'

London cafe Browns of Brockley is among a growing number of small businesses in the U.K. that are ditching cash.

Read More →

Tesla is facing an ‘existential crisis,' says market watcher

A day after Musk's April Fools' joke that the company was facing bankruptcy, its shares lost $2.3 billion in value.

Read More →

Bitcoin had its worst first quarter in history with over $119 billion wiped off its value

Ripple or XRP was the worst-performing cryptocurrency out of the top three in the first quarter of 2018, down 77 percent.

Read More →

BlackRock is positive on stocks but trade and rising rates are risk factors

BlackRock strategists see rising U.S. protectionism and a jump in bond yields as the biggest headwinds to their optimistic outlook for risk assets.

Read More →

If Spotify's unusual debut works, it could mean trouble for Wall Street's IPO hype machine

Spotify's direct listing avoids all the regulatory hassles and expensive bankers that are the hallmarks of IPOs.

Read More →

Tech stock prices were ‘not real life’ — and the correction has only just started, expert says

After a year of record highs, tech stocks may have more pain ahead amid Trump Twitter anger amd fears of regulation.

Read More →

France in gridlock as rail unions lay down challenge to Macron’s reform

France's rail network has been crippled on day one of strikes against labor reform.

Read More →

Some markets have formed ‘death crosses’ and will likely see a long-term slump, strategist says

U.K. and European stocks have broken through key technical levels in recent days and are now likely to be in long-term "bear" markets, according to one strategist.

Read More →

Founders of a cryptocurrency endorsed by Floyd Mayweather charged with fraud by SEC

The two founders of a cryptocurrency firm called Centra have been charged with with carrying out a fraudulent ICO by the SEC.

Read More →

Stocks could soon see another 10% correction as investors face 'time of reckoning,' analyst warns

Overvalued stocks and the prospect of rising U.S. interest rates will soon trigger another stock market correction, according to one market analyst.

Read More →

German prosecutors file for extradition of ex-Catalan leader Puigdemont

Former Catalan leader Carles Puigdemont faces charges of rebellion in Spain over Catalonia's campaign for independence.

Read More →

Japan's Monex considering to buy cryptocurrency exchange Coincheck

Japanese online broker Monex Group Inc said on Tuesday it is considering buying Coincheck Inc.

Read More →

Trump attorney seeks to force porn star's lawsuit into arbitration

The adult film star's attorney argued the matter should instead be settled in open court.

Read More →

Murdoch's Fox could separate Sky News to satisfy UK regulator on takeover

Twenty-First Century Fox said it could legally separate Sky News within the wider Sky group to allay the concerns of a British regulator.

Read More →
Calendar