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Ferrari’s supercars are about to get even more expensive

6 Aug 2022 /  Daniele Lepido, Bloomberg
As inflation bites.

Alibaba sales better than feared despite economic turmoil

5 Aug 2022 /  Coco Liu and Yiqin Shen, Bloomberg
Its shares slid about 2% in Hong Kong, shedding part of the 5.2% gained on Thursday before the results.

SpaceX rocket launches South Korea’s first mission to the moon

5 Aug 2022 /  Sangmi Cha, Bloomberg
'It is a very significant milestone in the history of Korean space exploration,' Sang-Ryool Lee, president of KARI said.

Musk says Twitter played ‘hide-and-seek’ as he sought info

5 Aug 2022 /  Patricia Hurtado and Jef Feeley, Bloomberg
Musk’s arguments for abandoning the deal were revealed in counterclaims filed under seal in a Delaware court last week.

[TOP STORY] Time to buy US consumer discretionary and tech stocks?

4 Aug 2022 /  Simon Brown
When you find good companies trading on compelling valuations and you have a long-term view, that's more often than not the time to buy: Flagship portfolio manager Kyle Wales.

Alibaba jumps as much as 6.5% amid tech rally ahead of earnings

4 Aug 2022 /  Jeanny Yu, Bloomberg
The stock is on track for a second day of gains after a visit to Taiwan by US House Speaker Nancy Pelosi sent broader markets tumbling this week.

Musk’s SpaceX debris crashes into hill on remote Australian farm

4 Aug 2022 /  Angus Whitley, Bloomberg
The parts belong to a SpaceX Crew-1 Trunk that reentered Earth’s atmosphere July 9.

Sale to MTN the only way out for struggling Telkom

4 Aug 2022 /  Moneyweb
Once-buoyant mobile business is under real pressure, with lower revenues and margins down 20% …

[TOP STORY] Online shopping has slowed – but it’s still growing

3 Aug 2022 /  Simon Brown
Over two years e-commerce as a percentage of retail sales has shot up and come back down, but is still in line with long-term average growth rates: AnBro Capital CIO Craig Antonie.

Why a primary listing in Hong Kong matters for Alibaba, BiliBili

2 Aug 2022 /  Filipe Pacheco, Bloomberg
What are reasons for such a switch?

Morgan Stanley, BofA subpoenaed by Twitter in Musk fight

2 Aug 2022 /  Jef Feeley and David Voreacos, Bloomberg
Among the documents sought are those relating to Musk’s initial plans to partially fund his Twitter purchase with a margin loan tied to his Tesla stake.

Alibaba drops as inclusion in US delisting list fuels jitters

1 Aug 2022 /  Jeanny Yu, Bloomberg
The e-commerce giant’s shares declined 3.8% in Hong Kong to lead a drop in the Hang Seng Tech Index, which closed down 0.2%.

Computers outperform humans for accuracy on US GDP forecasts

30 Jul 2022 /  Alex Tanzi, Bloomberg
Largely automated computer models beat most economists.

Musk-Twitter trial will start October 17, Delaware judge rules

29 Jul 2022 / 
The date comes after Musk’s lawyers said earlier this week that Twitter was seeking an October 10 start date 'without justification.'

Amazon shows it can generate sales while slowing spending

29 Jul 2022 /  Spencer Soper, Bloomberg
Investors sent shares up more than 13% higher in extended trading.

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