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Everyone from your family to your accountant is probably telling you to invest in property. It’s entirely possible those people haven’t paid rent in a while. As rental costs have skyrocketed so, too, have real estate prices, making i... Read more
Caterpillar – The heavy equipment maker reported adjusted quarterly earnings of $2.63 per share, beating the consensus estimate of $2.37. However, revenue came in below forecasts, and Caterpillar also issued a weaker-than-expected full-year outl... Read more
U.S. rate-setters could set negative interest rates in the future, despite their own current doubts about the risks of this unconventional measure. When central bankers implement negative interest rates, it means that banks, for instance, are pa... Read more
There are lots of reasons to bet against the gold price rally at the moment but one key reason not to, according to Longview Economics CEO Chris Watling. Gold prices have recently hovered at seven-year highs after the U.S. killing of Iranian mil... Read more
China is the world’s largest manufacturer and consumer market for cars. Photo: Xinhua Beijing is aiming to boost exports of China-made foreign vehicles in coming years as domestic car sales slump and restrictions on overseas firms are loosened,... Read more
Global stock markets have been on a torrid run in 2019, adding more than $17 trillion in total value, according to Deutsche Bank calculations. The value of global equities began the year just under $70 trillion but has now surpassed $85 trillion... Read more
NBCUniversal CEO Steve Burke plans to pursue personal interests rather than taking a job at a rival large media company when he steps down from his chairman position at NBC in August, according to people familiar with the matter. Burke, 61, may... Read more
Dubai’s economy is set to rebound strongly next year, expanding 3.2 per cent on the back of a series of economic stimulus measures introduced last year. The emirate’s openness and its support for innovative projects and entrepreneurs... Read more
Weakness in the U.K. property market is set to continue into the foreseeable future, market experts have told “Gold Well Estate”, with investors recently pulling their cash from the sector and forcing some funds to stop trading. Inve... Read more
