The Nub A British smartphone maker hopes to steal a march on Apple and Tesla boss Elon Musk with a new satellite-connected handset, the BBC has learned. If there is no wi-fi or mobile network signal, the idea is the Bullitt phone will automatically link to one of two global satellite networks. There is speculation …
The Nub The prolonged closure of a key gas route from Russia threatens more turmoil for global gas and power markets, and spells deep trouble for Europeās economy. Supply issues are set to dominate commodities trading in coming days, with Europeās natural gas shortage in focus along with an OPEC+ decision on whatās next for …
The Nub If semiconductor shortages, recession risks and the once-a-century shift in propulsion werenāt enough to keep auto executives up at night, hereās one more sleep disruptor: Consumers are keen to buy an Apple car before one even exists. Strategic Vision just released the results of an annual study that this year reached 200,000 new-vehicle …
The Nub A currency near the lowest in decades, an unprecedented surge in government borrowing costs and record underperformance in domestic stocks ā such is the dismal scene in markets that awaits Britainās next prime minister. The pound, already down nearly 15% this year versus the dollar, just posted its worst monthly performance since the …
The Nub Just months ago, the Chinese yuan was reigning supreme as emerging marketsā own haven asset, shielding investors from the turbulence of war and runaway inflation. Today, itās turning into a threat. As growth sputters in the worldās second-biggest economy, its currency has tumbled to a two-year low and looks set for further losses. …
The Nub The co-founder and chief investment officer of a UK-based hedge fund named Glen Point Capital was charged by US prosecutors earlier this week for engaging āin a scheme to intentionally and artificially manipulateā currency markets, mainly the US dollar-South African rand currency pair. Neil Phillips, the co-founder and chief investment officer of a …
The Nub The Amazon Labour Unionās landmark victory at a Staten Island warehouse should be upheld, a US labour board official has recommended, dealing a major setback to Amazon.comās efforts to have the vote overturned. Ahearing officer who handled Amazonās appeal of the unionās victory concluded that the company āhas not met its burdenā to …
The Nub An Asian stock index fell on Friday and a dollar gauge hovered near a record high ahead of key US jobs data that could stir expectations for another sharp Federal Reserve interest-rate hike. Drops in Japan and Hong Kong weighed on the region-wide equity index, while Chinaās bourses were mixed. US futures wavered …
The Nub As investors fled high-flying tech stocks this year, they turned to old-school companies such as computer maker Dell Technologies Inc, offering growth at a much cheaper price. Now that trade is running out of steam. Dell has slumped 10.2% the past month, worse than the tech-heavy Nasdaq 100 Index. The market is pricing …
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