Investing

Princess Mako, the niece of Japan’s emperor, has married her university sweetheart, telling a sceptical public that the union was critical to the couple’s mental health and “necessary for our survival” after years of criticism over her choice of husband. Her unexpectedly raw appraisal of the nuptials came shortly after she sealed her marriage to

Fixed Asset vs. Current Asset: An Overview A company’s financial statement will generally classify its assets into distinct categories, including fixed assets and current assets. Fixed assets, also known as property, plant, and equipment (PP&E) and as capital assets, are tangible things that a company expects to use for more than one accounting period. Current

Chief executive Mark Zuckerberg told analysts that Facebook would now prioritise younger users at the expense of older ones, after leaked documents revealed the social media network was losing popularity among the under-30 demographic. Zuckerberg said on an earnings call on Monday that the company would be “retooling” its teams “to make serving young adults

South Korea’s economic growth slowed in the third quarter as strong exports were offset by weak domestic consumption due to the country’s toughest Covid-19 restrictions, clouding the Bank of Korea’s prospect for another rate increase this year. Gross domestic product rose 0.3 per cent in the July-September period, decelerating from 0.8 per cent in the

There are limits to almost everything in life, including how much you can borrow on student loans. Student loan limits are based on a variety of factors, including the type of loan (federal or private), your year in school, and how much it costs to attend your school of choice. Key Takeaways The four main

In this article WFC A Wells Fargo logo is seen at the SIBOS banking and financial conference in Toronto Chris Helgren | Reuters Wells Fargo is developing a virtual assistant to help it convert more retail banking customers into digital users, CNBC has learned. The assistant, named Fargo, will be able to execute tasks including

Sudan’s army has dissolved the government and declared a state of emergency in what amounts to a military coup after months of tension between the civilian and military wings of the transitional ruling body. The military takeover, which prompted people to take to the streets of the capital Khartoum in protest, was announced on television

Private equity firm CVC Capital Partners and Indian tycoon Sanjiv Goenka have acquired new teams in the Indian Premier League, seeking to profit from the cricket competition’s rapid rise and valuable media rights deals. Following an auction that took place in Dubai on Monday, the Board of Control for Cricket in India (BCCI) said CVC

What Does Harvard Actually Cost? To most people, the term Ivy League refers to a group of academic institutions, conjuring up images of elitism, selectivity, and academic excellence. What they may not know, though, is that it’s also an athletic conference in which these private schools participated. This group consists of Columbia, Brown, Cornell, Princeton,

Private equity groups Hellman & Friedman and EQT have ended a bidding war for pet food retailer Zooplus with a joint offer that values its equity at €3.7bn, in the latest example of the industry paying a huge premium to buy a listed business. The pair made a final offer of €480 a share, 85

The Turkish lira tumbled to a new record low after President Recep Tayyip Erdogan’s decision to expel 10 western ambassadors added to intense pressure on the currency triggered by worries over the country’s economy. The currency fell as much as 2.8 per cent from Friday’s level to TL9.85 early in the Asian morning on Monday,

In the oil and gas sector, proven reserves have a reasonable certainty of being recovered, while unproven reserves have a decreased level of certainty in being recovered. Recoverable oil reserves are the amount of oil that can reasonably be recovered given current technical and economic conditions. Reserves have specific classifications related to the degree of

Indonesia’s currency and equities markets are riding high on a global energy crunch as the resource-rich country enjoys record coal prices and surging demand from power-hungry China. The country’s coal benchmark price has soared to $150 per tonne, up from about $90 per tonne at the beginning of June, bolstering its mining groups as China

The former leader of Australia’s biggest state will give evidence to a corruption inquiry this week, in a case that has raised wider concerns about political ethics in the country ahead of a general election next year. Gladys Berejiklian, the ex-premier of New South Wales, resigned this month after it was revealed she was under

In this article AAPL IMAX Joel Anderson, CEO, Five Below  Scott Mlyn | CNBC The macroeconomic picture – and the longer-term expectations for certain stocks – is becoming clearer as earnings season continues. To that effect, some of the top Wall Street analysts have high hopes for Toast, Apple, Five Below, Freshworks and IMAX, according

The S.C. Johnson family was last estimated to have a net worth of $30 billion, placing it among the wealthiest families in the United States. Samuel Curtis Johnson founded the company in 1886 after acquiring a parquet flooring company. This led to an expansion into floor wax and finishes. His son Herbert Fisk Johnson ran

Evergrande, the Chinese property developer battling high debt, said it had resumed work on a handful of projects across the Pearl River Delta in southern China as it sought to reassure anxious investors. The announcement came after Evergrande made an $83.5m interest payment on one of its offshore bonds that it had missed in September,

Hello and welcome to the working week. The environment will take centre stage in world news this week as we approach the opening of the UN Climate Change Conference in Glasgow. What is known about COP26 is that there will be a lot of talk, a lot of uncollected rubbish and the cost of staying in

Dividend Ratios Dividend stock ratios are used by investors and analysts to evaluate the dividends a company might pay out in the future. Dividend payouts depend on many factors such as a company’s debt load; its cash flow; its earnings; its strategic plans and the capital needed for them; its dividend payout history; and its

The EU has been warned not to delay the next phase of global banking rules, as draft plans show that Brussels is suggesting giving European banks a two-year extension to an internationally agreed deadline. Carolyn Rogers, secretary-general of the Basel Committee for Banking Supervision, said the new rules were “a really important final chapter” in

Ministers are aiming to unlock international investment in key British industries such as electric vehicle and life sciences with £1.4bn in grants and plans to make it easier for foreign companies to relocate to the UK. Rishi Sunak will use the Budget on Wednesday to encourage overseas investment, with plans to find and attract skilled

Millennials are the next baby boomers: a group of people so economically valuable that advertisers drop their existing methods to cater to them. Per the U.S. Census Bureau, as of 2019, millennials only accounted for 25%-27% of the total population, which surpassed the baby boomers (those born between 1946 and 1964) population in numbers. With an estimated

Lily Ye shelters in a doorway near the Hermès store in Ginza and grumbles about being a stranded asset. Since the pandemic stopped Chinese tourists arriving in their millions for duty-free shopping, there has not been too much for a Tokyo-based, Mandarin-speaking luxury goods sales specialist to do. The narrow streets around her, on a

Hong Kong has for two decades branded itself “Asia’s world city”, but it could soon become one of the region’s most isolated as it looks certain to remain effectively closed into next year even as its regional rivals ease travel restrictions. Authorities in the Chinese territory have yet to outline a plan to relax strict

Most investors understand the importance of diversification through asset allocation within a portfolio, which is meant to balance out the risk and reward trade-off between equity, debt and cash holdings. Under the equity or stock positions within a portfolio, however, investors have a wide array of investment options, each with different characteristics, advantages and disadvantages.

In this article SWX Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Company: Southwest Gas Holdings (SWX) Business: Southwest Gas Holdings purchases, distributes, and transports natural gas in Arizona, Nevada and California. The company operates in two segments, Natural Gas Operations and Utility Infrastructure Services.

Saudi Arabia has pledged to cut carbon emissions to net zero by 2060, while also maintaining its role as a leading producer of oil and gas, Crown Prince Mohammed bin Salman said in a speech on Saturday. The announcement comes just days before the opening of the COP26 climate summit in Glasgow and the G20

President Recep Tayyip Erdogan has ordered ten western ambassadors to be declared persona non grata, risking a new low in Turkey’s already deeply strained relations with Europe and the US. In a move that could torpedo Ankara’s recent efforts to repair ties with Washington and the EU, and inflict more pain on the already embattled

Starting a small business is hard work in any environment, but it’s even more challenging in a tough economy. This is partly because when credit markets are tight, it can be challenging to get financing. That’s why small business owners must hone their business plans. In other words, if you want a slice of the financing

Brylcreem first glistened into the light of day in Birmingham in 1928. Time has been unkind to the content of this particular jar — once a gleaming white, now it’s more of a coffee brown. From London’s Science Museum, it dates from about 1960, when this hairstyling product was a staple of the British bathroom