Amazon region: Brazil records big increase in fires – BBC News

Official figures from Brazil have shown a big increase in the number of fires in the Amazon region in July compared with the same month last year. Satellite images compiled by Brazil’s National Space Agency revealed there were 6,803 – a rise of 28%. President Jair Bolsonaro has encouraged agricultural and mining activities in the … Read more Amazon region: Brazil records big increase in fires – BBC News

Go TikTok or Go Broke | US govt should get a slice of the Microsoft-App deal pie – Trump

Trump’s no longer threatening to prevent Microsoft purchasing the TikTok app, which has been valued by some investors at $50 billion. Now he’s saying the deal can go ahead, but the US government has to get a cut. Subscribe to RT! https://www.youtube.com/channel/UCpwvZwUam-URkxB7g4USKpg?sub_confirmation=1 RT LIVE https://www.youtube.com/watch?v=IFAcqaNzNSc Check out http://rt.com Like us on Facebook http://www.facebook.com/RTnews Follow us … Read more Go TikTok or Go Broke | US govt should get a slice of the Microsoft-App deal pie – Trump

New rental laws could give power to bad tenants, New Zealand Property Investors Federation says

Andrew King says the law that’s currently before Parliament could put some people off investing in property. Start your day the right way with a combination of news, sport and entertainment. Weekdays from 6am on TVNZ 1 Get more at: https://www.tvnz.co.nz/one-news On Demand – https://www.tvnz.co.nz/shows/breakfast Facebook – https://www.facebook.com/Breakfaston1 Instagram – https://www.instagram.com/breakfaston1

Bloomberg Special Report: The Bankruptcy Breakdown

Aug. 1 — In 2020, bankruptcy has gone from a last resort for struggling companies to “the new normal.” Blaming it on the coronavirus alone is too simple. Lisa Abramowicz hosts an in-depth look at the sudden surge in corporate defaults, how it’s affecting investors, and why policy makers are finding it challenging to contain … Read more Bloomberg Special Report: The Bankruptcy Breakdown

U.S. investors will also miss out on huge capital gains

Hong Hao, chief strategist at the Bank of Communications International, said that we are increasingly seeing U.S.-listed Chinese firms returning to Hong Kong, as more stringent regulations are imposed on Chinese companies listed in U.S. stock exchanges. He believes that such a situation will create more opportunities for Hong Kong as an international financial center, … Read more U.S. investors will also miss out on huge capital gains

ASX ends in the red as tech stocks soar | Finance Report

The Australian share market has ended the week with its biggest fall in more than a month. Concerns about rising coronavirus cases and the US economy rattled investors, but the big tech companies powered ahead. Phillip Lasker has today’s finance report. Read more here: https://www.abc.net.au/news/business/ For more from ABC News, click here: https://ab.co/2kxYCZY You can … Read more ASX ends in the red as tech stocks soar | Finance Report

Moody’s: Asian Banks’ Profitability to Deteriorate

Jul.30 — Rebaca Tan, assistant vice president and analyst of the financial institutions group in Asia for Moody’s Investors Service, explains why she expects profitability of the region’s banks will deteriorate over the next few years. She speaks with Rishaad Salamat and Haslinda Amin on “Bloomberg Markets: Asia.”

Australia Sets Coronavirus Record as Melbourne Lockdown Struggles

Australia has suffered its worst day of Covid-19 infections with Victoria state recording 723 new cases, dashing hopes that a lockdown in the city of Melbourne was bringing the outbreak under control. “Age-care cases, including staff, account for just around 10% of the total cases announced today,” said Prime Minister Scott Morrison. He added that … Read more Australia Sets Coronavirus Record as Melbourne Lockdown Struggles

Fed Sees Dim Outlook as Coronavirus Squeezes U.S. Economy

The Federal Reserve expressed concern Wednesday that the viral outbreak will act as a drag on the economy and hiring in the coming months and said it plans to keep its benchmark short-term interest rate pegged near zero. In a statement at the end of its policy-making meeting Wednesday, the Fed acknowledged that the economy … Read more Fed Sees Dim Outlook as Coronavirus Squeezes U.S. Economy

The Covid Economy: Bettering Business – BBC Newsnight

In the final instalment of our series looking at the economy post-Covid, Newsnight explores the potential shift in the relationship between business and society. Subscribe to our channel here: https://goo.gl/31Q53F Has Covid changed our view on business’ place in society? Chancellor Rishi Sunak offered an unprecedented £160 billion support package for British businesses to deal … Read more The Covid Economy: Bettering Business – BBC Newsnight

What’s the future for economic growth? This investor says it’s innovation | The Business

According to one of Australia’s greatest investors, Paul Bassat, the legacy of the pandemic recession will be a younger, cheaper, smaller workforce. Read more here: https://ab.co/2WtoBSP For more from ABC News, click here: https://ab.co/2kxYCZY You can watch more ABC News content on iview: https://ab.co/2OB7Mk1 Subscribe to us on YouTube: http://ab.co/1svxLVE Go deeper on our ABC … Read more What’s the future for economic growth? This investor says it’s innovation | The Business

Stocks fall on mixed earnings

Wall Street closed lower Tuesday as investors fretted about weakening consumer confidence, disappointing financial results and wrangling in the U.S. Congress over a coronavirus aid plan. Subscribe: http://smarturl.it/reuterssubscribe Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news … Read more Stocks fall on mixed earnings

Bitcoin Rides to Year High on Back of Gold Rally, Dollar Slump

Bitcoin surged to the highest in almost a year as the slump in the dollar and rally in gold bolstered the notion that cryptocurrencies will emerge as a viable alternative to traditional monetary systems. The largest digital token climbed as much as 15% to $10,944, the highest price since August. The rally accelerated after the … Read more Bitcoin Rides to Year High on Back of Gold Rally, Dollar Slump