Markets

Rouhani says Iran should respond to Trump's ‘empty threats’ with action

Rouhani said the proceedings have yielded their "first success" with the court announcing to the United States that it was not allowed to take any action that would influence the tribunal's potential rulings before "Iran's complaint is addressed". [Full Article...]

Mega Millions winning numbers REVEALED: One jackpot ticket wins $522MILLION in California

Mega Millions winning numbers REVEALED: One jackpot ticket wins $522MILLION in California Six tickets that were sold are with $1 million and at least two are worth $3 million. If you want to check your ticket, the winning numbers are 1-2-4-19-29. In this jackpot run, since May 4 there have been nearly 17.4 million winning tickets at all prize levels, including 35 worth $1 million or more. The last jackpot was hit on May 4th. [Full Article...]

‘IOC recalibrates strategies to face U.S. Iran sanctions’

‘IOC recalibrates strategies to face U.S. Iran sanctions’ He said that Iran could not put trust in deeds and words of USA officials to sit at a negotiating table with them. Trump has called that agreement a "disaster". Trump has responded to Rouhani by tweeting "that Iran will suffer from consequences of which few have suffered before". Saudi Arabia and large producers are ramping up output to offset losses that are likely to come as a November d... [Full Article...]

Facebook opening $30M subsidiary in China

Facebook opening $30M subsidiary in China The app never took off, marking another setback in China for Facebook. "We are interested in setting up an innovation hub in Zhejiang to support Chinese developers, innovators and start-ups", a Facebook representative said via email, referring to the Chinese province where Hangzhou is located. [Full Article...]

UK Premier May downgrades Brexit department

UK Premier May downgrades Brexit department Brexit Secretary Dominic Raab has promised to ensure that "there is adequate food supply" if the United Kingdom plummets out of the European Union without reaching a deal. May's white paper had called for equivalence to be "expanded", explaining it was "not sufficient to deal with a third country whose financial markets are as deeply interconnected with the EU's as those of the United Kingdom ... [Full Article...]

Sergio Marchionne, the architect of Fiat Chrysler’s turnaround, has died at 66

Sergio Marchionne, the architect of Fiat Chrysler’s turnaround, has died at 66 His health reportedly rapidly deteriorated following the surgery, leading to Marchionne's departure from Fiat Chrysler over the weekend . Marchionne rescued Fiat and Chrysler from bankruptcy after taking the wheel of the Italian auto maker in 2004, and he multiplied Fiat's value 11 times through 14 years of canny deal-making. [Full Article...]

China to invest $15 billion in South African economy

China to invest $15 billion in South African economy Xi is on an official state visit to South Africa ahead of the 10th summit of the BRICS nations - Brazil, Russia, India, China and South Africa - that begins in Johannesburg on Wednesday. "China and South Africa relations are at a new historical departure point", Xi, who visited South Africa twice before, told reporters. "We are looking to promote investment-led trade", Davies said. [Full Article...]

Fiat Chrysler CEO Sergio Marchionne’s health crisis forced succession scramble

While also the boss of Fiat Chrysler, the Italian enjoyed a hands-on running of the Ferrari Formula 1 team after entering the Scuderia in 2014 and was behind the introduction of Alfa Romeo's marque to the Sauber team after over 30 years out of the sport. [Full Article...]


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