20 June, 2017 by The TZ Newswire Staff Comments Off on China ‘Rescues’ Bond Market In Symbolic Move But Yield Curve Remains Inverted
China ‘Rescues’ Bond Market In Symbolic Move But Yield Curve Remains Inverted
For the 10th day in a row, China’s bond yield curve remains inverted (the longest in history).
20 June, 2017 by The TZ Newswire Staff Comments Off on Will Whole Foods Market, Inc. Keep Its Own Brand Under Amazon Ownership?
Will Whole Foods Market, Inc. Keep Its Own Brand Under Amazon Ownership?
Last Friday, e-commerce giant Amazon.com (NASDAQ: AMZN) and natural and organic grocer Whole Foods Market (NASDAQ: WFM) took the world by surprise when the two companies announced that Amazon would acquire Whole Foods in a $13.7 billion all-cash transaction. The major deal, which will be Amazon’s biggest-ever acquisition if it closes successfully, has many implications for both Amazon and Whole Foods investors — and investors are still digesting what the deal means.
20 June, 2017 by The TZ Newswire Staff Comments Off on NTSB Absolves Tesla’s "Autopilot" In Death Of Former Navy SEAL
NTSB Absolves Tesla’s "Autopilot" In Death Of Former Navy SEAL
In what looks like vindication for Elon Musk and Tesla’s autopilot software, the National Transportation Safety Board has ruled that a fatal crash involving a Tesla Model S sedan that occurred in Florida last year was the result of human error.
Here’s a summary of the NTSB report’s findings, via Reuters.
20 June, 2017 by The TZ Newswire Staff Comments Off on Australia – Westpac Leading Index (May): -0.02% m/m (prior -0.12% m/m)
Australia – Westpac Leading Index (May): -0.02% m/m (prior -0.12% m/m)
Westpac-Melbourne Institute Leading Index. Barely changed in May.
For the six month annualised growth rate, that comes in at (prior +1.17%)
more to come
20 June, 2017 by The TZ Newswire Staff Comments Off on BOJ meeting minutes (April 26/27 meeting) out now
BOJ meeting minutes (April 26/27 meeting) out now
As I posted a few minutes ago, the Minutes are pre-empted somewhat by the ‘Summary of Opinions’
Anyway, the full minutes out now:
– Policy Board members agreed that JBG purchases will fluctuate somewhat under the Yield Curve Control policy, such fluctuations cause no problem for the BOJ’s market operations guidance
20 June, 2017 by The TZ Newswire Staff Comments Off on Solar Energy to Cost Less Than Coal by 2021
Solar Energy to Cost Less Than Coal by 2021
A Bloomberg New Energy Finance report says solar will kill coal much faster than expected.
20 June, 2017 by The TZ Newswire Staff Comments Off on IBM, Standard Chartered, AIG pilot first multinational, blockchain-powered insurance policy
IBM, Standard Chartered, AIG pilot first multinational, blockchain-powered insurance policy
International Business Machines Corporation (IBM) announced in a press release CoinReport received that it, along with American International Group Inc.