Business Archives – Page 20 of 99

Australian wine industry faces hangover from China’s high tariffs

Bottles of Australian wine are seen at a store selling imported wine in Beijing, China November 27, 2020. REUTERS/Florence Lo/File Photo Acquire Licensing RightsSYDNEY, Aug 18 (Reuters) – Australia’s wine industry faces severe oversupply problems that will need years to resolve, experts say, pointing to Chinese tariffs, high production and export bottlenecks during the COVID-19… […]

China’s EV makers face cost and consumer challenges to conquer Europe

Chinese EV makers growing market share in Europe, target moreChinese brands unlikely to be able to sell as cheaply as at homeImport costs and low brand recognition pose challengesBERLIN, Aug 18 (Reuters) – China’s electric vehicle (EV) makers, which have raced past foreign rivals to top sales rankings at home, are arriving in Europe –… […]

Chocolate makers’ prospects sour as cocoa prices spike

LONDON/NEW YORK, Aug 18 (Reuters) – Chocolate makers like Hershey (HSY.N) and Mondelez (MDLZ.O) face tougher trading conditions over the next year as they attempt to pass on soaring cocoa costs to cash-strapped consumers who are cutting back.The industry has enjoyed bumper profits over the past couple of years as demand for chocolate held up… […]

Need to Know: This portfolio manager’s strategy uses just one ETF and his own ‘crash indicator’ to beat the market by 530%

Wall Street saw a solid bounce on Friday, but stocks remains periously close to a bear market. With a war raging in Europe, surging prices all over and uncertainty over what central banks can do about it, investors may not get that traditional lazy, hazy summer. Providing our call of the day is the president… […]

Help Me Retire: I’m 68, my husband is terminally ill, and his $3 million estate will go to his son. I want to spend the rest of my days traveling — will I have enough money?

Please help me. I am a 68-year-old woman married 17 years to the love of my life. Our finances have always been separate, and I signed a prenuptial agreement acknowledging that his son will inherit his estate held in a living trust (about $3 million). I get our home, and he is leaving me $350,000… […]

: ‘Climate’ is the new buzzword in a crop of new ESG funds that were just launched

The “E” in environmental, social and governance investing has always garnered the most attention. New fund launches so far this year are no different.Asset managers opened 24 funds in the first quarter, including 15 exchange traded funds, with sustainable mandates, according to Morningstar data. A fifth of those focus on climate action. Alyssa Stankiewicz, an… […]

Brett Arends’s ROI: Markets making you queasy? These simple, low-cost retirement portfolios are holding up well

Not everyone is having a terrible year.While stocks and bonds have all plummeted since Jan. 1, a few simple, low-cost, all-weather portfolios are doing a much better job of preserving their owners’ retirement savings.Best of all, anybody can copy them using a handful of low-cost exchange-traded funds or mutual funds. Anyone at all. You don’t… […]

Google gets in on Ethereum Merge excitement with nifty easter egg

The new feature has been added with just days left until the long-awaited Ethereum Merge. 3219 Total views 26 Total shares As a sign of support for the upcoming Ethereum Merge, tech juggernaut Google is marking the time left until the upgrade with a new countdown timer. Typing any variation of “Ethereum Merge” or “The Merge”… […]

Algorand Foundation outlines $35M exposure to crypto lender Hodlnaut

The Foundation stated that it is “pursuing all legal remedies to maximize asset recovery.” 1570 Total views 24 Total shares The Algorand Foundation has revealed a $35 million USDC hole in its balance sheet as a result of exposure to embattled cryptocurrency lending firm Hodlnaut, which has paused withdraws since Aug. 8. Algorand is an institutional-grade… […]

Lawrence A. Cunningham’s Quality Investing: Berkshire’s biggest shareholders could undermine Buffett’s legacy and all that makes the company unique

The critical takeaway from the recent annual meeting of Berkshire Hathaway BRK.A, +0.73% BRK.B, +0.75% has been the least reported: the shareholder base has changed radically and the only way to assure that Berkshire endures beyond Warren Buffett is for his controlling stake be preserved after he leaves the scene. Buffett spent his life cultivating a high-quality… […]