GM pitches $2.8 billion investment in S Korea, officials say

February 21st, 2018 by admin No comments »

GM pitches $2.8 billion investment in S Korea, officials say
GM proposes a $2.8 billion investment over ten years to save its South Korea operations. Ryan Brooks reports.

Source
Reuters Video: Business

Commodities rally gives Glencore strongest FY results

February 21st, 2018 by admin No comments »

Commodities rally gives Glencore strongest FY results
Glencore Chief Executive Ivan Glasenberg hails the group’s results as its “strongest on record”, bolstered by strong commodity markets and reduced costs. Kate King reports.

Source
Reuters Video: Business

Lloyds profit jumps to $7.4 bln but misses estimates

February 21st, 2018 by admin No comments »

Lloyds profit jumps to $7.4 bln but misses estimates
Lloyds Banking Group reports its highest pre-tax profit since 2006, announcing a share buy-back of up to one billion pounds and 3 billion pounds of strategic investment over the next three years. Kate King reports

Source
Reuters Video: Business

GM pitches $2.8 bln investment in South Korea: officials

February 21st, 2018 by admin No comments »

GM pitches $2.8 bln investment in South Korea: officials
General Motors has proposed a $2.8 billion investment over the course of ten years to save its branches in South Korea, according to government officials. This comes after the announcement that one of its four branches in the country was closing down a week before.

Source
Reuters Video: Business

TPP without Trump takes a step closer to reality

February 21st, 2018 by admin No comments »

TPP without Trump takes a step closer to reality
The eleven nations left in the Trans-Pacific partnership released the final version of the landmark trade deal on Wednesday (February 21). David Doyle reports.

Source
Reuters Video: Business

Why tech secrets, not steel, could cause the real clash between the U.S. and China

February 21st, 2018 by admin No comments »

Why tech secrets, not steel, could cause the real clash between the U.S. and China
Steel and aluminum tariffs aren’t the only explosive trade issue between the United States and China.
Source
Latest financial news – CNNMoney.com

JPMorgan Chase plans new Manhattan headquarters

February 21st, 2018 by admin No comments »

JPMorgan Chase plans new Manhattan headquarters
JPMorgan Chase is building new headquarters in an old spot.
Source
Latest financial news – CNNMoney.com

Should I follow Warren Buffett's 90/10 investing strategy?

February 21st, 2018 by admin No comments »

Should I follow Warren Buffett's 90/10 investing strategy?
I’m in my early 50s, have more than $1 million in retirement savings and plan to retire around age 60. I’ve heard about Warren Buffett’s strategy of keeping 90% of one’s assets in stocks and 10% in bonds and like the idea of investing my savings that way to earn higher returns. I know my accounts would take a hit if stock prices fall, but I believe I could survive a market downturn. Do you think this is a good strategy for retirees and near retirees??C.P.
Source
Latest financial news – CNNMoney.com

UK unemployment rises for first time since Brexit vote

February 21st, 2018 by admin No comments »

UK unemployment rises for first time since Brexit vote
Read full story for latest details.
Source
Latest financial news – CNNMoney.com

Many Volkswagen workers will get 45 vacation days

February 21st, 2018 by admin No comments »

Many Volkswagen workers will get 45 vacation days
Read full story for latest details.
Source
Latest financial news – CNNMoney.com