Russia to cut rates in 2020, helping economy to grow in 2021

Russia to cut rates in 2020, helping economy to grow in 2021

A mix of economic contraction and subdued inflationary risks will allow Russia to cut interest rates again this year, paving the way for a stronger rouble and an economic recovery in 2021, a poll of…

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BrewDog Is Officially The First Carbon Negative Beer Business

BrewDog Is Officially The First Carbon Negative Beer Business

The Scottish multinational brewery and pub chain announced yesterday it became carbon negative, which makes it the world’s first international beer business to reach this status. Thanks to a £30 million investment plan, BrewDog launched…

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Tesla, Apple up in Premarket After Stock Splits; Philips Slumps

Tesla, Apple up in Premarket After Stock Splits; Philips Slumps

Stocks in focus in premarket trade on Monday, August 31st. Please refresh for updates. Tesla (NASDAQ:TSLA) stock was up 1.0% and Apple (NASDAQ:AAPL) stock was up 0.8% after the two companies prepared to start trading…

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VAT cut pushes German inflation into negative territory

VAT cut pushes German inflation into negative territory

German annual consumer prices fell for the first time in more than four years in August due to a VAT cut as part of the government’s stimulus push to help Europe’s largest economy recover from…

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Stock Market Clowns Have Blown a ‘Mega-Bubble’ in the Dow 

Stock Market Clowns Have Blown a ‘Mega-Bubble’ in the Dow 

The inventory market is at document highs, although the U.S. financial system isn’t. Concentrated bets on a handful of titanic corporations have the main U.S. indices hovering. Economist David Rosenberg warns that is a “mega-bubble”…

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Chinese Bank Disables Digital Yuan Wallet After Soft Launch Draws Wide Attention

Chinese Bank Disables Digital Yuan Wallet After Soft Launch Draws Wide Attention

A major bank quietly opened up a wallet service for China’s central bank digital currency to public users – but quickly disabled it after the feature gained widespread attention. Around noon on Saturday local time, users…

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Elon Musk to show off working brain-hacking device

Elon Musk to show off working brain-hacking device

Elon Musk is due to demonstrate a working brain-to-machine interface as part of his ambitious plans to give people superhuman powers.His brain-hacking company, Neuralink, applied to start human trials last year.But Friday’s demonstration will involve…

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Seaweed: The food and fuel of the future?

Seaweed: The food and fuel of the future?

Sunshine has given way to wind and rain, as the motorboat chugs through a fjord in the Faroe Islands. “Its a bit windy here,” says Olavur Gregarsen. “We’ll see how far we can get to…

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Herbalife Halted After Sinking 12% as U.S. Unseals Criminal Charges By Investing.com

Herbalife Halted After Sinking 12% as U.S. Unseals Criminal Charges By Investing.com

Herbalife Nutrition Ltd (NYSE:HLF) sank 12% on Friday before shares were suspended on reports that U.S. prosecutors have charged the company in a criminal case related to bribery in China, Seeking Alpha reported. Federal prosecutors in…

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Yum China applies for Hong Kong debut amid U.S.-China tensions

Yum China applies for Hong Kong debut amid U.S.-China tensions

Yum China Holdings Inc (N:YUMC) filed an application for a secondary listing in Hong Kong on Friday, a rising trend among some Chinese firms to list closer to home in a bid to mitigate risks from…

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