Domestic demand will support the euro zone despite ‘pronounced’ slowdown, IMF says
The International Monetary Fund (IMF) says it was surprised by the recent slowdown in the euro zone but expects growth to pick up again.
JP Morgan in ‘attack mode’: Mega bank is bigger than ever, and Jamie Dimon bullish on economy
Fears that a recession is on the horizon spiked last month when bond markets gave signals that confidence in the economy is dimming.
Jet Airways halts all international flights
The Indian PM’s office is said to be calling an urgent meeting amid fears about airline’s future.
Jumia: ‘Africa’s Amazon’ in landmark stock market listing
Jumia is worth $1bn-plus and will be the first African tech start-up listed on the New York stock market.
Hammond: Brexit deadlock leaves little room for key issues
The UK chancellor says getting a deal done soon will release “bandwidth” needed for key economic decisions.
Netflix shares fall on concerns that Disney+ could steal market share by undercutting on price
Disney+ will cost $6.99 per month, while Netflix recently raised its price to $13 per month.
GM teases 2020 Chevy Corvette C8 in bid for Ferrari, McLaren luxury sports car market
On Thursday, General Motors quietly rolled out a new link on its website that touted the “next generation Corvette reveal event” on July 18, along with photos of a camouflaged car that show an all-new, mid-engine model.
Hong Kong named world’s most expensive city to buy a home
Published Thursday, real estate firm CBRE’s fifth annual Global Living report analyzed property markets across 35 cities.
London is still in the running to stage a Formula One race
It’s unlikely that a London-based race would be added as a permanent fixture though, but it’s a possibility for one-off events, as owners Liberty Media continue to explore new ways to revamp the sport.
Disney’s $6.99-per-month streaming immediately makes it a value winner over Netflix for families
Disney dramatically underprices Netflix with new Disney+ streaming service.