India’s statistics may have been painting a far rosier picture of economic growth than the more modest reality of the past decade.
— Read on www.bloomberg.com/news/articles/2019-06-11/world-s-fastest-growing-economy-may-not-be-so-fast-after-all
Animated Maps: Fossil Fuel Production by Country
These four animated cartograms show the nations leading the world in fossil fuel production, in terms of oil, gas, coal, and total hydrocarbons.
— Read on www.visualcapitalist.com/mapped-fossil-fuel-production-by-country/
Amazon beats Apple and Google to become the world’s most valuable brand
Amazon has overtaken Google and Apple to become the world’s most valuable brand at $315.5 billion, according to a ranking of global companies, up 52% on last year.
— Read on www.cnbc.com/2019/06/11/amazon-beats-apple-and-google-to-become-the-worlds-most-valuable-brand.html
China Central Banker Says No Specific Yuan Level Important
“There is obviously a link between the trade war and the movements of renminbi,” Yi said in an exclusive interview in Beijing, using the official term for China’s currency. Yi said that yuan’s depreciation has come thanks to market forces — it is “basically determined by supply and demand of the market
— Read on ca.finance.yahoo.com/news/china-central-banker-says-no-014923075.html
China’s Foreign Exchange Reserves Rise After April Dip
Key InsightsThe reading is slightly higher than the median estimate of $3.09 trillion in a Bloomberg survey of economists “There may be some forex outflow pressure – one piece of evidence was that the renminbi fixing rates came in significantly stronger than the forecasts over the past few weeks,” according
— Read on ca.finance.yahoo.com/news/china-apos-foreign-exchange-reserves-002259788.html
Young Investors: Turn $50,000 Into $400,000 in 20 Years
Suncor Energy Inc. (TSX:SU)(NYSE:SU), Royal Bank of Canada (TSX:RY)(NYSE:RY), and one other stock are the perfect portfolio to bring you to early retirement for you and your partner.
— Read on ca.finance.yahoo.com/news/young-investors-turn-50-000-161525414.html
Tilray, Privateer strike deal to release 75 million shares
The deal will allow the Canadian pot company to pursue investments from institutional and strategic investors.
— Read on www.cnbc.com/2019/06/09/tilray-privateer-strike-deal-to-release-75-million-shares-over-next-two-years.html
Value investments are cheapest in 30 years, but some say beware
Value-oriented investments are at at the biggest discount ever, according to J.P. Morgan, but some market watchers aren’t convinced they’re buys.
— Read on www.cnbc.com/2019/06/10/value-investments-are-cheapest-in-30-years-but-some-say-beware.html
Why the Next Recession Will Hit Canadians Harder Than Americans – Bloomberg
The recent yield curve inversion has renewed speculation about a potential North American recession and prompted questions about how a contraction would affect households.
— Read on www.bloomberg.com/news/articles/2019-06-10/why-the-next-recession-will-hit-canadians-harder-than-americans
Raytheon, United Technologies Agree to Blockbuster Defense Deal – Bloomberg
United Technologies Corp. agreed to buy Raytheon Co. in an all-stock deal, forming an aerospace and defense giant with $74 billion in sales in one of the industry’s biggest transactions ever.
— Read on www.bloomberg.com/news/articles/2019-06-09/united-technologies-raytheon-agree-to-blockbuster-defense-deal