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To Borrow $500 Million, Zimbabwe Pledges Undeveloped Mine

To Borrow $500 Million, Zimbabwe Pledges Undeveloped Mine The mine, for which Afreximbank is arranging funding, is struggling to attract financiers because of the interest held by the military’s Zimbabwe Defense Industries Ltd. Zimbabwe’s platinum mines are owned by Impala Platinum Holdings Ltd. and Anglo American Platinum Ltd. and they sell their output directly to the market. Short of foreign currency, fuel and medicine and battling the highest inflation since 2008, Zimbabwe is mortgaging its mineral wealth in exchange for foreign currency.


Data Sheet—All Aboard the Navy's First A.I. Warship

Data Sheet—All Aboard the Navy's First A.I. Warship Data Sheet—All Aboard the Navy's First A.I. Warship


Tesla shares set to fall for a seventh straight day as more analysts warn of trouble

Tesla shares set to fall for a seventh straight day as more analysts warn of trouble Tesla was set for its seventh straight day of losses after more analysts joined the growing list of those concerned with its finances.


Is LyondellBasell Industries N.V. (NYSE:LYB) An Attractive Dividend Stock?

Is LyondellBasell Industries N.V. (NYSE:LYB) An Attractive Dividend Stock? Today we'll take a closer look at LyondellBasell Industries N.V. (NYSE:LYB) from a dividend investor's perspective...


Can We See Significant Insider Ownership On The Courtois S.A. (EPA:COUR) Share Register?

Can We See Significant Insider Ownership On The Courtois S.A. (EPA:COUR) Share Register? The big shareholder groups in Courtois S.A. (EPA:COUR) have power over the company. Insiders often own a large chunk...


'Violent tornado' tears through Jefferson City, Mo.: 'It’s a chaotic situation right now'

'Violent tornado' tears through Jefferson City, Mo.: 'It’s a chaotic situation right now' A violent tornado ripped through Jefferson City, Missouri, late Wednesday, leaving many trapped and others injured. More storms are forecast Thursday.


DOJ's Delrahim still open to Sprint-T-Mobile deal: CNBC

DOJ's Delrahim still open to Sprint-T-Mobile deal: CNBC (Reuters) - The U.S. Department of Justice's antitrust chief, Makan Delrahim, is still open to T-Mobile US Inc's $26 billion acquisition of smaller rival Sprint Corp, CNBC reported on Thursday.


Did You Manage To Avoid Tupperware Brands's (NYSE:TUP) Devastating 74% Share Price Drop?

Did You Manage To Avoid Tupperware Brands's (NYSE:TUP) Devastating 74% Share Price Drop? We think intelligent long term investing is the way to go. But unfortunately, some companies simply don't succeed. For...


Beijer Alma AB (publ) (STO:BEIA B) Earns Among The Best Returns In Its Industry

Beijer Alma AB (publ) (STO:BEIA B) Earns Among The Best Returns In Its Industry Today we'll evaluate Beijer Alma AB (publ) (STO:BEIA B) to determine whether it could have potential as an investment...


Tencent's Revenue Growth Slows Again, but the Picture Is Not Bleak

Tencent's Revenue Growth Slows Again, but the Picture Is Not Bleak This top China tech company is still on a positive trajectory.


China calls out U.S. 'wrong actions' as Huawei ban rattles supply chains

China calls out U.S. 'wrong actions' as Huawei ban rattles supply chains China said the United States needs to correct its "wrong actions" for trade talks to continue after it blacklisted Huawei, a blow that has rippled through global supply chains and battered tech shares as investors fear a technology cold war. Japanese conglomerate Panasonic Corp joined the growing list of global companies which have said they are disengaging from Huawei Technologies Co Ltd, the world's second-largest seller of smartphones and the largest telecom-gear maker, saying it had stopped shipments of some components. Its move came a day after British chip designer ARM said it had halted relations with Huawei to comply with the U.S. supply blockade, potentially crippling the Chinese firm's ability to make new chips for smartphones.


3 deaths in Missouri as tornado strikes state capital

3 deaths in Missouri as tornado strikes state capital JEFFERSON CITY, Mo. (AP) — A tornado caused heavy damage in Missouri's capital city as severe weather swept across the state overnight, causing at least three deaths and injuring nearly two dozen people as homes and businesses were ripped apart.


Futures tumble on fears of possible U.S.-China tech cold war

Futures tumble on fears of possible U.S.-China tech cold war Beijing said Washington needs to correct its "wrong actions" for trade talks to continue after the United States blacklisted Huawei Technology Co Ltd last week. Although the Trump administration temporarily eased curbs on the Chinese telecoms gear maker, tensions again mounted following reports on Wednesday that the United States was considering sanctions on Chinese video surveillance firm Hikvision. Investors now fret that tit-for-tat tariffs and other retaliatory actions by the world's two largest economies will be a drag on global growth, especially hitting the high-growth technology sector.


Thor Industries, Inc. (NYSE:THO) Has Attractive Fundamentals

Thor Industries, Inc. (NYSE:THO) Has Attractive Fundamentals Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...


Crypto Lender Dharma Adds Support for USDC

Crypto Lender Dharma Adds Support for USDC Crypto lender Dharma has begun supporting the peer-to-peer lending of USDC, The Block reported on May 22. Before now, the San Francisco-based company only supported Dai, a stablecoin backed by ether (ETH) that has been regarded as too risky by some investors due to its design, according to Max Bronstein, the company’s business development manager. As USDC is backed by the United States dollar, Dharma hopes that it will be able to attract mainstream investors to its decentralized platform.


Does Umicore SA's (EBR:UMI) 48% Earnings Growth Reflect The Long-Term Trend?

Does Umicore SA's (EBR:UMI) 48% Earnings Growth Reflect The Long-Term Trend? Assessing Umicore SA's (EBR:UMI) past track record of performance is a valuable exercise for investors. It enables us...


Europol Ends Cryptocurrency Mixer Behind $200 Million Bitcoin Laundering Scheme

Europol Ends Cryptocurrency Mixer Behind $200 Million Bitcoin Laundering Scheme By CCN: The Dutch Fiscal Information and Investigation Service (FIOD) has taken down a cryptocurrency-mixing service, BestMixer.io, in a crackdown involving Europol and Luxembourg authorities. The anti-fraud agency said Wednesday that they had begun an investigation against BestMixer last summer. It alleged that the service used to facilitate monetary transactions with unlawful intent. The investigation unearthed many cases in which people used BestMixer for concealing and laundering criminal flow money. As a part of the move, the authorities seized six servers in Luxembourg and the Netherlands. BestMixer went offline on May 22, 2019. The mixer sourced three cryptocurrencies, specifically bitcoin,


Introducing Southern (NYSE:SO), A Stock That Climbed 24% In The Last Five Years

Introducing Southern (NYSE:SO), A Stock That Climbed 24% In The Last Five Years If you buy and hold a stock for many years, you'd hope to be making a profit. But more than that, you probably want to...


Tornado strike kills three in Missouri

Tornado strike kills three in Missouri Washington (AFP) - A powerful tornado swept across Missouri, killing three people as it knocked down power lines and trees, smashed windows and left streets strewn with debris, officials said Thursday.


Don’t Buy AirBoss of America Corp. (TSE:BOS) Until You Understand Its ROCE

Don’t Buy AirBoss of America Corp. (TSE:BOS) Until You Understand Its ROCE Today we are going to look at AirBoss of America Corp. (TSE:BOS) to see whether it might be an attractive investment...


Huawei unwanted: Asian shops shun phone trade-ins on Google suspension worries

Huawei unwanted: Asian shops shun phone trade-ins on Google suspension worries SINGAPORE/MANILA (Reuters) - Mobile phone retailers in some Asian countries are refusing to accept Huawei devices for trade-ins, as more consumers look to offload their device on worries Google suspending business with the Chinese firm will disrupt services. Google has said it will comply with an order by U.S. President Donald Trump to stop supplying Huawei, meaning current owners of Huawei phones face being cut off from updates of the Android operating system from late August. Against this backdrop, some customers in Singapore and the Philippines have rushed to sell their Huawei phones, according to retailers and online marketplace data.


Should You Consider Perseus SA (ATH:PERS)?

Should You Consider Perseus SA (ATH:PERS)? Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...


Have Insiders Been Selling CDW Corporation (NASDAQ:CDW) Shares This Year?

Have Insiders Been Selling CDW Corporation (NASDAQ:CDW) Shares This Year? It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...


Toyota, UTokyo and Trende to Test Blockchain-Based Electricity Trading System

Toyota, UTokyo and Trende to Test Blockchain-Based Electricity Trading System The University of Tokyo, Japanese car manufacturer Toyota Motor Corporation and Japanese online renewable energy retailer Trende Inc. plan to jointly conduct tests for a blockchain-powered electricity system. The news was revealed in an official Toyota press release on May 23. The pilot, scheduled for June 17, will reportedly test a peer-to-peer electricity system that allows homes, enterprises and electronic vehicles that are connected to the power grid to trade electricity using blockchain.


5 Small-Cap Pot Stocks That Should Be Very Profitable by 2020

5 Small-Cap Pot Stocks That Should Be Very Profitable by 2020 These marijuana stocks will soon have investors seeing green.


The Harriet Tubman $20 bill was supposed to drop in 2020, but Trump's Treasury secretary has delayed it

The Harriet Tubman $20 bill was supposed to drop in 2020, but Trump's Treasury secretary has delayed it "The ultimate decision on the redesign will most likely be another secretary's down the road," Treasury Secretary Steve Mnuchin said Wednesday.


Can Wellness Lift Weight Watchers' Stock?

Can Wellness Lift Weight Watchers' Stock? Struggling to deliver revenue growth, the company is now offering membership plans aimed at improving wellness overall.


CBS Corporation (NYSE:CBS) Earns A Nice Return On Capital Employed

CBS Corporation (NYSE:CBS) Earns A Nice Return On Capital Employed Today we are going to look at CBS Corporation (NYSE:CBS) to see whether it might be an attractive investment prospect...


Best Buy sees solid second quarter on rising demand for wearables

Best Buy sees solid second quarter on rising demand for wearables Best Buy's shares rose 3.3% to $70.48 in premarket trade. Analysts on average had expected a 0.9% increase, according to IBES data from Refinitiv. Excluding one-time items, the company earned $1.02 per share in the first quarter ended May 4, ahead of analysts' average estimate of 86 cents per share, according to IBES data from Refinitiv.


Have Insiders Been Selling Helical plc (LON:HLCL) Shares This Year?

Have Insiders Been Selling Helical plc (LON:HLCL) Shares This Year? It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...


Binance’s CZ Seeks Compensation From Sequoia for Alleged Reputational, Financial Damage

Binance’s CZ Seeks Compensation From Sequoia for Alleged Reputational, Financial Damage Changpeng Zhao, the CEO and founder of major crypto exchange Binance, is seeking damages from venture capital firm Sequoia Capital China for having ostensibly hurt his reputation and unjustly prevented him from raising capital during its now-dismissed legal challenge against him last year. Attorneys for Changpeng Zhao — better known in the industry as CZ — filed an application on May 20 with the Hong Kong High Court, seeking an inquiry into whether CZ “sustained any and what damages” as a result of the ex parte injunction order Sequoia obtained against him in December 2017.


Some ECB Officials Saw Inflation as ‘Uncomfortably’ Low in April

Some ECB Officials Saw Inflation as ‘Uncomfortably’ Low in April “While it was acknowledged that contingencies for the Governing Council to act again had not materialized, the point was made that inflation remained uncomfortably below the Governing Council’s inflation aim,” the ECB said in the account of its April 9-10 meeting. Some policy makers argued that the tool should be seen as a way to adjust the monetary policy stance, while others said it should serve primarily as a backstop for banks in times of heightened uncertainty. The bank loans are among many tools deployed by the ECB in the last decade to support lending to the real economy amid feeble growth.


With 29% Earnings Growth, Did Baozun Inc. (NASDAQ:BZUN) Outperform The Industry?

With 29% Earnings Growth, Did Baozun Inc. (NASDAQ:BZUN) Outperform The Industry? For long-term investors, assessing earnings trend over time and against industry benchmarks is more beneficial than...


Stocks Slump, Dollar Rises as Trade Worries Deepen: Markets Wrap

Stocks Slump, Dollar Rises as Trade Worries Deepen: Markets Wrap Safe assets were in demand, with gold and the yen gaining alongside the dollar and Treasuries. The Stoxx Europe 600 Index headed for its worst day in two weeks as automakers tumbled after an EU official said the U.S. was unlikely to start trade talks with the bloc soon while it’s preoccupied with China. Risky assets remain under pressure and havens in demand as investors dig in for what looks like a protracted dispute between China and the U.S. over trade.


Stocks Slump, Dollar Rises as Trade Worries Deepen: Markets Wrap

Stocks Slump, Dollar Rises as Trade Worries Deepen: Markets Wrap Safe assets were in demand, with gold and the yen gaining alongside the dollar and Treasuries. The Stoxx Europe 600 Index headed for its worst day in two weeks as automakers tumbled after an EU official said the U.S. was unlikely to start trade talks with the bloc soon while it’s preoccupied with China. Risky assets remain under pressure and havens in demand as investors dig in for what looks like a protracted dispute between China and the U.S. over trade.


Are You An Income Investor? Don't Miss Out On LegacyTexas Financial Group, Inc. (NASDAQ:LTXB)

Are You An Income Investor? Don't Miss Out On LegacyTexas Financial Group, Inc. (NASDAQ:LTXB) Dividend paying stocks like LegacyTexas Financial Group, Inc. (NASDAQ:LTXB) tend to be popular with investors, and for...


For Gaza grooms, crippling debt overshadows marital bliss

For Gaza grooms, crippling debt overshadows marital bliss GAZA CITY, Gaza Strip (AP) — Two years ago, Gaza resident Saleh Abu Serdanah took out a small loan in order to get married and start a family. These days, the 31-year-old construction worker is on the run, hiding from police in a tiny rental apartment and unable to repay the money he borrowed.


Do Institutions Own Berliner Effektengesellschaft AG (FRA:BFV) Shares?

Do Institutions Own Berliner Effektengesellschaft AG (FRA:BFV) Shares? If you want to know who really controls Berliner Effektengesellschaft AG (FRA:BFV), then you'll have to look at the...


Here's What Quidel Corporation's (NASDAQ:QDEL) P/E Ratio Is Telling Us

Here's What Quidel Corporation's (NASDAQ:QDEL) P/E Ratio Is Telling Us Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical...


Populists eye upsets as Brexit-bound UK, Netherlands kick off EU elections

Populists eye upsets as Brexit-bound UK, Netherlands kick off EU elections Voters in Brexit-bound Britain cast ballots Thursday at the start of 28-nation EU elections in which eurosceptic, anti-immigration forces have vowed to create a political earthquake that will shake the Brussels establishment. With Prime Minister Theresa May's resignation appearing imminent after she postponed a forlorn attempt to push her divorce deal through parliament, Britain joined the Netherlands in kicking off four days of voting across the continent. The elections were a surreal spectacle for a country that voted almost three years ago to leave the European Union, with May vowing on countless occasions to honour the result in time to avoid the election.


Russia upholds jail sentence for Danish Jehovah's Witness

Russia upholds jail sentence for Danish Jehovah's Witness A Russian court on Thursday upheld a six-year jail sentence for "extremism" for a Danish Jehovah's Witness in a case that has drawn worldwide condemnation. In the first such conviction since Russia outlawed the religious movement in 2017, 46-year-old Dennis Christensen was originally sentenced to six years in prison in February. Christensen -- who moved to Russia as an adult and is married to a Russian -- appealed, but a court in the southwestern city of Oryol upheld the sentence on Thursday.


What You Should Know About Mueller Water Products, Inc.'s (NYSE:MWA) Financial Strength

What You Should Know About Mueller Water Products, Inc.'s (NYSE:MWA) Financial Strength Mueller Water Products, Inc. (NYSE:MWA) is a small-cap stock with a market capitalization of US$1.5b. While investors...


Tyson Foods says not formalized plans for Kazakh beef processing plant

Tyson Foods says not formalized plans for Kazakh beef processing plant The investment would allow Tyson to dodge high tariffs on American agricultural goods and give a backdoor access into China, the Financial Times had reported, citing three people familiar with the matter. "We've visited Kazakhstan and have interest in the nation's future food production efforts, however, we have not formalized plans for a project there," Tyson said. Tyson had discussed an initial investment of about $200 million in the Kazakh plant that would form part of a potential total investment of several billion dollars, according to the FT report.


62% of Americans Say Money Is a Source of Stress -- but They Don't Want to Talk About It

62% of Americans Say Money Is a Source of Stress -- but They Don't Want to Talk About It For a relatively unshy culture, we're pretty guarded about money.


Do Directors Own Pharmena S.A. (WSE:PHR) Shares?

Do Directors Own Pharmena S.A. (WSE:PHR) Shares? A look at the shareholders of Pharmena S.A. (WSE:PHR) can tell us which group is most powerful. Institutions will...


Do Enbridge Inc.’s (TSE:ENB) Returns On Capital Employed Make The Cut?

Do Enbridge Inc.’s (TSE:ENB) Returns On Capital Employed Make The Cut? Today we are going to look at Enbridge Inc. (TSE:ENB) to see whether it might be an attractive investment prospect. In...


Here's the level where you should start buying Tesla, according to one expert

Here's the level where you should start buying Tesla, according to one expert With Tesla shares skidding, two experts weigh in on what could be next for the automaker and its volatile stock.


Tesla’s ‘Extreme’ Success in Norway Becomes Double-Edged Sword

Tesla’s ‘Extreme’ Success in Norway Becomes Double-Edged Sword The company has struggled to build up operations to match sales in Norway, which leads the world in electric vehicles per inhabitant. Norway is closely watched for signs of how the transportation industry is adapting to the energy transition. After Tesla rolled out an unprecedented wave of its new Model 3 in the Nordic country earlier this year, customers and observers are keen to see how it’s scaling up already stretched local operations.


Tesla’s ‘Extreme’ Success in Norway Becomes Double-Edged Sword

Tesla’s ‘Extreme’ Success in Norway Becomes Double-Edged Sword The company has struggled to build up operations to match sales in Norway, which leads the world in electric vehicles per inhabitant. Norway is closely watched for signs of how the transportation industry is adapting to the energy transition. After Tesla rolled out an unprecedented wave of its new Model 3 in the Nordic country earlier this year, customers and observers are keen to see how it’s scaling up already stretched local operations.


Modi promises inclusive India after stunning election win

Modi promises inclusive India after stunning election win Official data from the Election Commission showed Modi's Hindu-nationalist Bharatiya Janata Party (BJP) ahead in 300 of the 542 seats being contested, up from the 282 it won in 2014 and more than the 272 seats needed for a majority in the lower house of parliament. "Together we will build a strong and inclusive India," Modi said on Twitter. "India wins yet again!" Modi's victory boosted financial markets as investors expect his government to continue to pursue economic reforms.