Tag Archives: Will

Small Firms, How Will Merger of These Two Giant Trucking Companies Affect You?

Two of the nation’s largest trucking companies announced plans to merge Monday, creating a trucking behemoth worth more than $5 billion. Swift and Knight Transportation Merge Swift Transportation and Knight Transportation announced an all-stock transaction that will merge the two trucking companies with Swift shareholders owning 54 percent, and Knight holders owning the remaining 46 percent, according to the Wall Street Journal. ... Read More »

The economy is not strong, wages remain weak, and rates will stay on hold

The annual growth rate is still well below par, despite what Scott Morrison says. If Treasurer Scott Morrison really thinks the latest report on the health of the Australian economy represents a “strong set of numbers”, it will be interesting to see what sort of adjectives he comes up with to describe them when they really are strong. The economy is not ... Read More »

How Will You Respond When The Market Goes Down?

The stock market is like a child with a yo-yo on an escalator. The escalator is long-term results, while the yo-yo moments are short-term gyrations. As investors, our goal is to focus on the escalator, not the yo-yo. But to some degree, we utterly lack the emotional financial maturity needed to avoid the yo-yo’s request for attention. Shutterstock Having enjoyed ... Read More »

SoftBank’s investments will elbow out other funds from the market

Masayoshi Son, president and CEO of Softbank, delivers his keynote speech at Mobile World Congress in Barcelona, Spain, February 27, 2017(REUTERS) The New York Times reported on July 25 that SoftBank Group Corp. is considering a “multi-billion dollar investment” in ride-hailing service Uber Technologies Inc. The report said talks between the two companies were still at a preliminary stage. SoftBank already has ... Read More »

I just drove the Tesla Model 3, and it changes everything – the entire world will want this car

Tesla has been promising a great electric car for the masses since its founding, and on Friday that car finally arrived. Before a handoff of the first 30 Model 3’s to owners at Tesla’s factory in California, I got to spend about fifteen minutes behind the wheel of thelatestt car of the future (I had been given a short ride ... Read More »

Carmakers say fossil-fuel vehicle ban will dent industry and stall sales

David Bailey, an automotive industry expert at Aston University, said two decades was plenty of time for carmakers to evolve. Photograph: Anna Gowthorpe/PA Britain’s car industry has warned that the government’s proposed ban on sales of new petrol and diesel cars by 2040 risks damaging the industry and stalling sales of new cars. Mike Hawes, chief of executive of the ... Read More »

It’s official, Indian banks’ health will worsen

The Reserve Bank of India is pushing banks hard on NPAs, but the resolution of bad loans will be a long haul. Photo: Aniruddha Chowdhury/Mint Those who have been hoping that the worst is behind the Indian banking industry are a disappointed lot. Going by the Reserve Bank of India’s (RBI) June Financial Stability Report, the risks to the banking ... Read More »

Bank of England: pay figures will fuel raging interest rate debate

Bank of England may be amenable to higher rates of interest. Photograph: Hannah Mckay/Reuters There is more fuel for the raging debate around UK interest rates this week, with official figures on pay growth out on Wednesday. Investors and policymakers alike are looking for any signs that a tight labour market can translate into faster pay growth, a trend that ... Read More »

Will cheap car loans steer Britain to a financial crash?

 The Vauxhall Astra is a favourite among customers of The Car Finance Company. Photograph: Simon Stuart-Miller If you think Britain is teetering on a cliff-edge of impossibly high personal debt, then the website of The Car Finance Company will confirm your worst fears. Maybe you don’t have a job and are on benefits. Maybe you are so hard up you can’t afford ... Read More »

State Bank of India (SBI) cleared on cash transaction charges: Rs 25 will be charged but only …

SPECIAL THINGS 25% charge per withdrawal on withdrawal of money from SBI Bank Big ATM Media reports that SBI would charge 25 rupees for all ATM transactions SBI Bank has given clearance in this regard. New Delhi: Country’s largest bank, State Bank of India (SBI) has made changes in the service charge of some cash transactions related to ATM withdrawals, ... Read More »