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ASX to fall sharply; Peter King named as Westpac CEO

LiveUpdated Apr 2, 2020 – 8.30am, first published at 8.11am6 mins ago – 8.30amUS jobless claims to reset record highTimothy MooreThe key piece of data on the state of the US economy at the moment is the number of people who are seeking financial help from the government after losing their jobs.Jobless claims data is…


Fed slashes interest rates to near zero

Fed slashes interest rates to near zero

Mar 16, 2020 – 8.11amWashington | The US Federal Reserve cut interest rates for the second time in less than two weeks on Sunday (Monday AEDT) in another emergency move to help shore up the US economy amid the rapidly escalating global coronavirus pandemic.In a statement, the central bank said it was cutting rates by…


Via https://newsapi.org  online business  online marketing  online business opportunities VersaBank Reports Continued Strong Financial Results for the First Quarter 2020, With 15% Growth in eCommerce Portfolio From a Year Ago

Via https://newsapi.org online business online marketing online business opportunities VersaBank Reports Continued Strong Financial Results for the First Quarter 2020, With 15% Growth in eCommerce Portfolio From a Year Ago

LONDON, Ontario–(BUSINESS WIRE)–All amounts are unaudited and in Canadian dollars and are based on financial statements prepared in compliance with International Accounting Standard 34 Interim Financial Reporting, unless otherwise noted. Our first quarter 2020 (“Q1 2020”) unaudited Interim Consolidated Financial Statements for the period ended January 31, 2020 and Management’s Discussion and Analysis, are available…


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Morrison to speak on virus response

LiveUpdated Mar 10, 2020 — 8.30am, first published at 7.56am5 mins ago – 8.30amWe’re off!The Summit opens with introductory remarks by editor-in-chief Michael Stutchbury and BHP chairman Ken MacKenzie. Mr Stutchbury urges Australian business and government to take action to emerge on the other side of the coronavirus outbreak in a stronger position than before.That…


Warren Buffett just got out of the newspaper business – CNN

Warren Buffett just got out of the newspaper business – CNN

New York (CNN Business)Warren Buffett’s Berkshire Hathaway is ditching its newspaper business.Lee Enterprises will buy Berkshire’s 31 publications across the country for $140 million in cash. Berkshire also will provide the long-term financing for Lee’s existing debt. Expected to close in mid-March, the acquisition includes BH Media Group publications, such as Buffett’s hometown paper, the…


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Fed holds, retains optimism on US economy

Jan 30, 2020 — 6.04amPolicymakers at the Federal Reserve voted to keep the key US interest rate unchanged. Markets were little changed as investors awaited comments from Fed chairman Jerome Powell.In a statement, the policy committee said: “Job gains have been solid, on average, in recent months, and the unemployment rate has remained low. Although…


Apple’s Tim Cook to serve as chairman at Chinese business school amid Hong Kong protests – Fox News

Apple’s Tim Cook to serve as chairman at Chinese business school amid Hong Kong protests – Fox News

Apple CEO Tim Cook has been appointed chairman of the advisory board for Tsinghua University’s economics school in Beijing, according to the South China Morning Post and a Chinese-language meeting summary noted by Apple Insider.Cook apparently will assume the role for a three-year term and recently served as chairman for a meeting, the South China Morning…



Via https://newsapi.org  online business  online marketing  online business opportunities Jack Ma steps down on 20th birthday of Alibaba

Via https://newsapi.org online business online marketing online business opportunities Jack Ma steps down on 20th birthday of Alibaba

Jack Ma has stepped down from the position of chairman at the company he co-founded exactly 20 years ago.Ma announced his retirement plans last year, saying at the time he wanted to spend more time focusing on education.Ma bid farewell to Alibaba, sporting a rock star wig and guitar at an employee event Tuesday, according…


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Fed’s Bullard sees cryptocurrencies shifting US financial system – One America News Network

FILE PHOTO: St. Louis Federal Reserve Bank President James Bullard speaks at a public lecture in Singapore October 8, 2018. REUTERS/Edgar Su/File Photo July 19, 2019 NEW YORK (Reuters) – Cryptocurrencies are changing the U.S. currency system in ways that may facilitate illegal activity and instability in prices, St. Louis Federal Reserve President James Bullard…