Category Archives: Market Updates

Samsung says battery defects caused Note 7 fires

Samsung-Headquarters

Company looking to move past design and manufacturing flaws as S8 debut looms Source: Financial Times Technology

Alibaba buys into retail stores strategy

alibaba

Move is part of a trend of online retailers taking stakes in the offline world Source: Financial Times Technology

L’Oréal invests in ‘beauty tech’ digital makeover

loreal

Cosmetics company experiments with nail art tech and social media influencers Source: Financial Times Technology

Coursera enrols governments in online learning

coursera

Education platform extends virtual classroom to Pakistan and Kazakhstan Source: Financial Times Technology

PayTM plots move into asset management in India

paytm-bn1

Alibaba-backed group seeking to disrupt traditional financial services with digital services Source: Financial Times Technology

Twitter loses chief operating officer Adam Bain

twitter

  Leadership shake-up as social media company struggles to find turnround strategy Source: Financial Times Technology    

Templeton bond investor Hasenstab sees rising U.S inflation, Treasury yields

  LONDON (Reuters) – Star bond investor Michael Hasenstab said global markets’ reaction to the U.S. election outcome showed that U.S. Treasuries had been in a “bubble that was shocked” and predicted… Source: Reuters Wealth  

Oil Futures Dip after Iraq Opts Out of Production Cuts

oil rig

  Oil futures dipped on Monday after Iraq requested to be exempt from production cuts, putting the fragile OPEC agreement in jeopardy. Prices tumbled, but a rally in U.S. shares and a decline in U.S. crude inventories limited the decline.