Monday, August 1, 2016

Russell Investment's Wood on selling into market rallies

Stephen Wood, Chief Market Strategist at Russell Investments talks with Bobbi Rebell about why he believes investors should sell into rallies as the S&P 500 hits another intraday high.

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Stress tests fail to soothe banking nerves

With the ink barely dry on its bailout plan, Italian bank Monte dei Paschi di Siena faces a Herculean task convincing investors to back a third recapitalisation in as many years and avert a banking crisis that would send shockwaves across Europe. David Pollard reports.

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Breakingviews: Uber's China U-turn

The U.S. ride-hailing app is selling its Chinese arm to local rival Didi Chuxing, and will keep a stake in the enlarged business. Rob Cyran and Jeffrey Goldfarb discuss the implications.

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Tesla buying SolarCity for $2.6 bln.

The deal aims to make Tesla a one-stop shop for solar panels, storage, and electric cars. Fred Katayama reports.

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World's first 3D printing restaurant opens

The world's first 3D printing restaurant opens in London with the promise of a future in which you can download your dessert or have pizza delivered by e-mail. Rosanna Philpott reports

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Factories struggle as world demand splutters

Manufacturing growth across the euro zone eased in July and signs of a sharper slowdown outside powerhouse Germany may add to calls for the ECB to loosen policy again. As David Pollard reports, activity in China's manufacturing sector also eased unexpectedly.

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Arts & business crafts at Cape Town agency

A South African entrepreneur wants young people from disadvantaged backgrounds to come together to forge new ideas - Dillion Phiri's 'Creative Nestlings' agency showcasing the work of emerging designers, artists and musicians who want to earn from their art. David Pollard reports.

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