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Business News

Global Business News for 1 Jun 2016

Super could crush the Coalition

The Australian - 1 Jun 2016 01:26
Super could crush theIf the government refuses to amend the changes to super unveiled in the budget, it could cost them the election.
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Billionaire Sheldon Adelson's casino company is settling a long-running lawsuit with the former head of its Chinese arm. …
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Alabama coach Nick Saban said Tuesday he wasn't going to talk about satellite camps — and then he ranted about them. …
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The Latest on action in the California Legislature (all times local): …
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Fifteen stocks in focus in Wednesday morning trade

The Economic Times - 1 Jun 2016 04:22
The Indian market is expected to open higher. Here is a list of top fifteen stocks that are likely to be in focus today.
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The Northern Pass energy project says a New Hampshire court has ruled in its favor in response to a lawsuit that said a utility didn't have the right to bury a power line under a North Country... highway. …
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January-March growth sped up to 7.9% from the preceding quarters, suggesting that despite the caveats, India will remain an island of relative prosperity in a world afflicted by economic uncertainty.
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Illinois appears poised to enter a second year without a budget as Democrats who rule the Legislature press on with a spending plan Gov. Bruce Rauner opposes while rejecting his call for a short-term... deal before they finish work Tuesday. …
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Emily Blunt starring in 'Marry"Mary Poppins Returns" will star Emily Blunt as Poppins and "Hamilton" star Lin Manuel Miranda.
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Six things you must know before the opening bell

The Economic Times - 1 Jun 2016 04:11
Provisional data on the BSE suggested that foreign portfolio investors (FPIs) were net sellers of stocks to the tune of Rs 114 crore on Tuesday.
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Exclusive: How ISIS makes upISIS is struggling with its oil business, but it's cranking up what it taxes the people living in its territory.
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Why Your Company Needs toSince the original iPhone was unleashed on the world nearly a decade ago, the rise of mobile devices has taken users and the internet by storm.
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The rum war with Cuba, which makes its own Havana Club, heats up Cuba still is registered owner of Havana Club trademark in the United States Bacardi claims it owns the mark and is backing it with a... splashy new ad campaign …
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The U.S. Soccer Federation asked the Equal Employment Opportunity Commission to dismiss a complaint of wage discrimination made by members of the World Cup-winning women's national team. …
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Australia's GDP better than expected

Daily Telegraph - 1 Jun 2016 03:50
Australia's GDP better thanAUSTRALIA’S economy grew by 1.1 per cent in the March quarter, official figures show, beating economists expectations.
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Australia's GDP growth risesNational accounts figures released on Wednesday show growth in Australian economy exceeded analysts' expectations Australia's economy grew by 1.1% in the March quarter and grew by 3.1% in the 12... months to March. Economic growth was forecast to be 0.9% in the March quarter taking it to 3% for the 12 months to March, according to economists.
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India's GDP is roaring again amid doubts, while stocks slid to end May and the UK voters are leaning towards a Brexit.
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Retail cannibals: Shops that eat their friends

Daily Telegraph - 1 Jun 2016 03:42
Retail cannibals: Shops thatRETAIL cannibalism is the new thing taking down giant retailers, with some stores “eating” their friends out of business.
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In leveling insider trading charges, the U.S. says he exchanged the information for cash and home renovations
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China's official manufacturing purchasing managers' index, a gauge of the nation's factory activity, remained at 50.1 in May, marking the third-straight month of expansion, official data showed... Wednesday.
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One of the few economic bright spots for the financially struggling island is also now on the ropes as tourists shy away
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Luxury of PR Survival: LessonsHow to open doors in a velvet rope industry.
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Meet the 19-Year-Old whoThe Katerva Awards are the "Nobel Prize of sustainability." Here are three of this year's winners.
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What We Can Learn From TheFrank and Oak is a men's clothing portal from Montreal, Canada. Recently, it decided to undergo a complete rebrand.
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Tesla Motors said Tuesday that two upcoming software updates should fix persistent glitches with the futuristic rear doors on its Model X SUV. …
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