BlackRock can’t see the future, but the $6.5 trillion firm is betting on five major themes that it thinks are re-shaping the world. On Thursday, the $6.5 trillion firm introduced a thematic lineup of eight exchange-traded-funds that correspond with five ch…
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Audi NZ goes left of centre with its electric SUV
AUDI E-TRONPrice range: $148,500 (55 quattro) to $157,000 (55 quattro Advanced).Powertrain: Lithium-ion battery (95kWh), 300kW/664Nm, twin electric motors, range 417km (WLTP), 0-100kmh 5.2 seconds.Body style: Five-door SUV.On sale: July. You wait decades fo…
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American Airlines plans to use its own execs as guinea pigs to convince people that the Boeing 737 Max won’t crash again
American Airlines plans to fly its own senior executives will fly on the Boeing 737 Max plane before any regular passengers, in an attempt to reassure the public that the aircraft is safe. Doug Parker, the CEO of American Airlines Group, told investors at …
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Market Snapshot: Stock-index futures drift lower ahead of U.S. inflation reading
Stock-index futures drifted lower Wednesday, a day after the Dow Jones Industrial Average snapped a six-day winning streak, with investors awaiting a reading on May consumer inflation as they continue to eye the U.S.-China trade fight. Dow futures YMM19, -…
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NewsWatch: A recession shock could wipe 30% off U.S. stocks, warns Oxford Economics
A worst-case scenario could see a worsening economy resulting in a 30% drop for U.S. stocks, triggering a recession, according to our call of the day. But theres good news too. See full story. From dead broke to $100,000 in cash, in one quick and simple side…
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