Posts by Nathan Pine
S&P 500, Nasdaq open lower as Iran tensions jolt sentiment, chip stocks slide
Published Mon, Jul 13, 2026 · 09:48 PM [NEW YORK] The S&P 500 and the Nasdaq opened lower on Monday (Jul 13), as a fresh escalation between the US and Iran in the Gulf pushed oil prices higher and unsettled investors, while chip stocks also came under pressure. The Dow Jones Industrial Average rose 39.5…
Read MoreCulture shift needed to curb controlling shareholders’ ‘long shadow’, boost investor confidence
The stewardship of majority owners and vital discipline provided by minority investors must be championed Source link
Read MoreMeta scraps AI image feature days after launch following privacy backlash
Muse Image faces backlash over privacy concerns and being an automatic opt-in for users Published Sat, Jul 11, 2026 · 12:49 PM [MEXICO CITY] Meta said on Friday (Jul 10) it is discontinuing an artificial intelligence feature launched this week that allowed users to generate images using public Instagram accounts, after drawing widespread criticism over…
Read MoreDelta signals fare hikes will stay as resilient demand cushions fuel-cost hit
Published Fri, Jul 10, 2026 · 10:20 PM [CHICAGO] Delta Air Lines reaffirmed its full-year profit forecast and provided a stronger-than-expected third-quarter outlook on Friday (Jul 10), signalling confidence that recent fare gains can hold even as fuel prices ease from this year’s highs. The forecast from the first major US carrier to report results…
Read MoreUS dollar drifts with oil; Gulf tensions, Fed minutes in focus
Published Thu, Jul 9, 2026 · 08:34 PM [LONDON] The US dollar backed off this week’s highs on Thursday (Jul 9) as the United States and Iran carried out renewed attacks, despite a spike in oil prices that rekindled concerns about inflation and boosted expectations the Federal Reserve could soon raise interest rates. Minutes on…
Read MoreWhy Are Berries Everywhere, in Every Season? Driscoll’s.
Once upon a time, there was only one way to get your hands on a ripe strawberry in winter: be a member of the French royal court. In 1712, Louis XIV dispatched a spy to Spanish-controlled Chile to smuggle out native white-berried plants. Royal gardeners bred them with European red berries, coddled them in manure…
Read MoreSugar market to register small deficit in 2026/27, says broker Czarnikow
Published Wed, Jul 8, 2026 · 10:51 PM [LONDON] The global sugar market will be in a modest deficit of 600,000 metric tons in the 2026/27 season, thanks largely to reduced output in the European Union, sugar broker and supply chain services company Czarnikow said on Wednesday (Jul 8). A record-breaking heatwave in Europe, the…
Read MoreU.S. Trade Deficit Widens in May on Record Goods Imports
The United States trade deficit in goods and services widened to $77.6 billion in May as America imported more goods than it sold abroad. Imports rose, climbing 3.3 percent from the previous month, to $395.3 billion, as the United States imported more foreign pharmaceuticals, cellphones, cars and equipment to fill out new data centers. U.S.…
Read MoreFour Seasons Sets Sail, Private Butlers and All
On a sunny morning in late May, the Four Seasons I, carrying nearly 200 passengers, glided through the glistening waters of the Saronic Gulf with the ease of a private yacht before anchoring just off the Greek island of Spetses. Free of airports, cruise terminals and cars, the lush, pine-scented island is a well-kept secret…
Read MoreAmazon seeks to raise at least US$25 billion from bond sale
The company is selling the debt in as many as eight tranches, ranging from three to 40 years Published Tue, Jul 7, 2026 · 10:31 PM [NEW YORK] Amazon.com is looking to raise at least US$25 billion from a US dollar bond sale, its latest funding push as the company ramps up investment in artificial…
Read MoreVolkswagen CEO faces acid test from unions over swingeing job cut plans
The plans will include significant cost reductions, the four plant closures and roughly 50,000 extra job cuts, sources say Published Mon, Jul 6, 2026 · 10:45 PM [LONDON/BERLIN] Volkswagen CEO Oliver Blume faces perhaps the biggest test of his leadership this week: persuading the German carmaker’s supervisory board to accept painful job cuts and factory…
Read MoreSK Hynix seeks access to AI investors in US$29 billion Nasdaq listing
THIS week’s US$29 billion US stock-market listing for SK Hynix may be the biggest-ever first-time share sale by a foreign company, but it is not just about raising cash. It is also about competing in the hottest corner of the global stock market – memory chips used in artificial intelligence computing. For years, the South…
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