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India Bans Gold Exports "Without A Valid Reason"

Authored by Mike Shedlock via MishTalk.com, In addition to its crackdown on cash,* India stepped up its attack on gold.* The aim is to cut down on gold imports.* India does that in a roundabout..
Zero Hedge

World’s Largest Hedge Fund Bridgewater Buys $68 Million of Gold ETF

*World’s Largest Hedge Fund Bridgewater Buys $68 Million of Gold ETF* * **- World’s largest hedge fund Bridgewater buys $68 million of gold ETF in Q2 - Investors poured $870 million into SPDR..
Zero Hedge

Videos for Bloomberg

News video: Netflix’s Co-Founder Creates A $10 Per Month Movie Theater Subscription

Netflix’s Co-Founder Creates A $10 Per Month Movie Theater Subscription 00:40

Geek.com has reported that Netflix co-founder Mitch Lowe must really want people to go out to movies again. After acquiring MoviePass last year, Lowe is introducing a subscription price that might..
Source: Wochit Headline News -

News video: Trump Calls Kim 'Very Wise' in Avoiding Guam Strike

Trump Calls Kim 'Very Wise' in Avoiding Guam Strike 01:06

Aug.16 -- President Donald Trump wrote on Twitter Wednesday that Kim Jong Un made a "very wise" decision to hold off on a missile strike near Guam. Bloomberg's Marty Schenker reports on "Bloomberg..
Source: Bloomberg Global Business -

News video: Longview CEO Says Market Largely Indifferent to Trump

Longview CEO Says Market Largely Indifferent to Trump 02:25

Aug.16 -- Shawn Golhar, head of public policy research at Barclays Capital, and Chris Watling, chief executive officer and chief market strategist at Longview Economics, discuss the political and..
Source: Bloomberg Global Business -

News video: Amazon Bonds Net $16 Billion in Whole Foods Funding

Amazon Bonds Net $16 Billion in Whole Foods Funding 01:32

Aug.16 -- Amazon.com Inc. sold $16 billion of unsecured bonds in seven parts to finance the deal that will allow it to acquire Whole Foods Inc. Bloomberg Intelligence's Noel Hebert reports on..
Source: Bloomberg Global Business -

News video: Rep. Pascrell: Trump on Virginia 'An Embarrassment'

Rep. Pascrell: Trump on Virginia 'An Embarrassment' 02:19

Aug.16 -- Rep. Bill Pascrell, a member of the House Ways and Means Committee and a Democrat from New Jersey, discusses President Donald Trump's response to violence that took place this past weekend in..
Source: Bloomberg Politics -

 

Tencent’s Q2 profit jumps 70 per cent as more gamers play on smartphones than computers

Tencent Holdings has reported a 70 per cent jump in its second-quarter profit, as its wildly popular made-for-smartphone games including Honour of Kings helped it record more revenue from mobile..
S.China Morning Post

Global Stocks Rise Amid Unexpected ECB "Trial Ballon"; Dollar Flat Ahead Of Fed Minutes

global stocks rise amid unexpected ecb trial ballon; dollar flat ahead of fed minutes
European markets continued their risk-on trend in early trading, rising to the highest in over a week and rallying from the open led by mining stocks as industrial metals spike higher after zinc..
Zero Hedge

Tesla and Amazon raising billions in the debt market shows why traders shouldn’t be scared of big stock drops

tesla and amazon raising billions in the debt market shows why traders shouldn’t be scared of big stock drops
While the stock market was taking it on the chin late last week, hidden machinations were already underway to save it from further pain. On Friday, as the S&P 500 was completing a 1.6% skid over..
Business Insider

China’s central banker hasn’t left quite the legacy some might credit him for

Since taking the central bank’s reins in December 2002 ... Zhou [People’s Bank of China Governor Zhou Xiaochuan] has steered the nation through global crises, overhauled monetary policy tools,..
S.China Morning Post

Euro Turmoils After ECB Walks Back Draghi Jackson Hole Appearance

euro turmoils after ecb walks back draghi jackson hole appearance
Just yesterday morning, we said that with the Euro rising as much as it has in recent months (or is that the dollar tumbling), the ECB's next move could - or should - be to *talk down *the common..
Zero Hedge

AFL-CIO President Quits President's Mfg Council, Accuses Trump Of "Tolerating Domestic Terrorism"

afl-cio president quits president's mfg council, accuses trump of tolerating domestic terrorism
Having previously lost Merck CEO Kenneth Frazier from the president’s manufacturing council, followed by Under Armour’s Kevin Plank and Intel Corp.’s Brian Krzanich, who both also said on Monday..
Zero Hedge

Goldman Sachs has hired a former Silicon Valley executive to recruit tech talent (GS)

goldman sachs has hired a former silicon valley executive to recruit tech talent (gs)
** · *Goldman Sachs has hired a top Silicon Valley executive to help attract tech talent.* · *Wall Street firms are digitizing their offerings and are competing with tech giants for engineering..
Business Insider

WTI Lifts Towards $48 After Biggest Crude Inventory Draw Since September

WTI slipped back to almost a $46 handle today before bouncing modestly into the close ahead of tonight's API report, with all bullish eyes hoping last week's surprise gasoline build was a 'blip'. *API..
Zero Hedge

For $10 a month, MoviePass will send you to theaters as much as you want

As Bloomberg reported, MoviePass, which helps feed people’s film habits by giving them movie theater passes for a...
Deseret News

Chain-Store Stock Carnage Continues (Despite Biggest Jump In Retail Sales Since 2016)

Oh the irony - as *bulls celebrate the best jump in retail sales *since 2016, the scene for retailer stocks is an* utter bloodbath*... Earlier today, US Retail Sales in* July rebounded dramatically..
Zero Hedge

Do you watch movies? MoviePass's new deal is unreal and you should sign up today

For what won't be the first or last time, a Netflix exec has completely changed the game. Starting Tuesday, MoviePass, an established app where users can see unlimited movies for a flat monthly rate,..
Mashable

Perhaps overleveraged US companies have finally reached a limit on being able to borrow simply to support their own shares.

Andrew Lapthorne, global head of quantitative strategy at Societe Generale, as quoted by Bloomberg
SmartBrief

Video: Kalanick pushes for VC lawsuit to go to arbitration, as Benchmark says he's undermining Uber's CEO search

Ousted Uber Technologies Inc. CEO Travis Kalanick has asked a Delaware judge to allow a lawsuit brought against him by the venture capital firm Benchmark Capital to be heard in private arbitration, as..
bizjournals

Pandora hires Sling TV exec as new CEO, its fourth leader in less than two years

Oakland-based Pandora Media said Monday that it had hired Sling TV head Roger Lynch as its new CEO, making him the company's fourth chief since 2015 as the company struggles to reinvent itself and..
bizjournals

Papa John's is changing how Americans order pizza by copying Uber and Amazon (PZZA)

papa john's is changing how americans order pizza by copying uber and amazon (pzza)
Papa John's wants to be thought of as a tech company — not a traditional restaurant chain.  "We’re much more close, I would argue, to Amazon than we are to a brick-and-mortar restaurant,"..
Business Insider

Beware The Dead Cat Bounce: "Exuberant Markets Can't Escape The Shadow Of Negatives"

*Treasury yields have erased the knee-jerk losses from retail sales, Nasdaq is now tumbling, and gold is bouncing*... This is not the market we saw yesterday that was relieved that the world had not..
Zero Hedge

Netflix cofounder's MoviePass will now let you see one movie per day in theaters for just $10 a month

netflix cofounder's moviepass will now let you see one movie per day in theaters for just $10 a month
Netflix cofounder Mitch Lowe has a radical new business model for his startup MoviePass. For just $10 a month, Lowe's company will allow its subscribers to see up to one movie a day in any U.S...
Business Insider

South Korea Warns Trump Only It Can Declare War On North

south korea warns trump only it can declare war on north
A day after US Joint Chiefs of Staff Chairman Joseph Dunford promised him that the US would exhaust all diplomatic options, including another round of UN sanctions, before resorting to a “military..
Zero Hedge


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