Australia, NZ dlrs fall as market wagers all on imminent rate cuts

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Australia, NZ dlrs fall as market wagers all on imminent rate cuts

SYDNEY, March 2 (Reuters) – The Australian dollar huddled near 11-year lows on Monday after a dire reading on Chinese manufacturing and talk of rate cuts in the United States stoked speculation of an imminent policy easing at home. The Aussie was down …
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Worst week for Indian shares since 2009 as pandemic fears grow

BENGALURU, Feb 28 (Reuters) – Indian shares sank on Friday for a sixth straight session, capping their worst week in more than a decade, over fears that the fast-spreading coronavirus outbreak could trigger a global recession. Asia’s third-largest economy …
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Former Barclays executives cleared after Qatar fraud trial

By Kirstin Ridley. LONDON, Feb 28 (Reuters) – Three former Barclays BARC.L executives were acquitted in London on Friday of charges they helped funnel 322 million pounds ($418 million) in secret fees to Qatar in return for rescue financing during the …
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Walmart To Launch New Service To Rival Amazon Prime

According to a report by Vox, Walmart has been quietly working on anew delivery service to rival Amazon Prime. And it could launch as soon as next month! NEW from me: Walmart is working on an Amazon Prime competitor called Walmart+ that could launch …
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Citroën's tiny Ami electric car can be driven by 14-year olds for $22 a month

Citroën’s Ami, the tiny two-seater electric car that was first revealed as a concept last year, will be released this spring. The Ami is absolutely tiny at just 2.41 meters (7 feet, 11 inches) long, and is technically classed as a “light quadricycle” similar to the Renault …
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