World’s Top Gold Forecaster Sees Bulls Heading for Heartbreak
published Jul 5th 2017, 8:46 pm, by Susanne Barton and Ranjeetha Pakiam (Bloomberg) —For top gold forecaster BNP Paribas SA, bullion bulls are up against a clear and present danger — the U.S. Federal Reserve. The central bank’s plan to raise interest rates again this year while potentially reducing its
U.S. Threatens Trade With Countries Over Support for North Korea
published Jul 5th 2017, 4:50 pm, by Nick Wadhams and Kambiz Foroohar (Bloomberg) —The U.S. threatened trade ties with countries that continue to do business with North Korea following Pyongyang’s test of an intercontinental ballistic missile, a warning to China and other nations the administration says aren’t doing enough to
What Stock Investors Need to Know, and Why: Mohamed A. El-Erian
published Jul 3rd 2017, 1:00 am, by Mohamed A. El-Erian (Bloomberg View) — With attractive returns such as haven’t been seen for quite a few years, investors in global stock markets have had a very good first half of 2017. Record levels for several widely followed country indexes occurred
Nigeria Taps Microsoft to Oracle to Recover From Recession
published Jul 4th 2017, 8:42 am, by Yinka Ibukun and Solape Renner (Bloomberg) —Nigeria is hiring U.S. technology giants such as Oracle Corp. and Microsoft Corp. as the government invests more to save costs and fight corruption. An initiative led by Redwood, California-based Oracle has enabled Nigerian authorities to remove
Kim Seeks to Exploit U.S.-China Tensions With Missile Claims
published Jul 4th 2017, 12:56 pm, by Andy Sharp, David Tweed and Ting Shi (Bloomberg) —When Kim Jong Un gave the order for what North Korea claims to be its first successful intercontinental ballistic missile test, he knew it would ruffle feathers in Washington and Beijing. He may have even
Israel Trip a Sign of Modi’s Shifting Foreign Policy Calculus
published Jul 3rd 2017, 5:00 pm, by Iain Marlow, N. C. Bipindra and Michael S. Arnold (Bloomberg) — Looking for new agriculture technology as well as high-tech weapons to fuel his military modernization program, Narendra Modi is making a landmark trip to Israel, the first by a sitting Indian prime
Microsoft Sales Shuffle Said to Mean Thousands of Job Cuts
published Jul 3rd 2017, 4:50 pm, by Dina Bass (Bloomberg) — Microsoft Corp. reorganized its sales and marketing operations in a bid to woo more customers in areas like artificial intelligence and the cloud by providing sales staff with greater technical and industry-specific expertise. The changes will mean thousands of
Europeans Are Drinking Themselves to Death
published Jul 3rd 2017, 5:00 pm, by Chris Stokel-Walker (Bloomberg) —Europe’s drinking habits are putting its people at a higher risk of developing digestive cancers, a new report by the continent’s leading doctors found. The average European puts away between one and four drinks a day, enough to classify them as “moderate”
Five Things You Need to Know to Start Your Day
published Jul 2nd 2017, 5:12 pm, by Luke Kawa (Bloomberg) —Want to receive this post in your inbox every morning? Sign up here. Tokyo elections bring bad news for Abe, China-Hong Kong bond link begins, and Qatari stocks hit the skids. Here are some of the things people in markets are
How to Protect Your Child From Identity Theft
published Jun 29th 2017, 5:10 am, by Suzanne Woolley (Bloomberg) —Alan Brill has scoured computers for intelligence left by Iraqi forces retreating from Kuwait. He has probed a bank in Bosnia suspected of funding ethnically targeted mass murder. He has investigated the work of hackers who got inside the 2008 presidential campaign networks of Barack Obama and