The IIHS has given the Model 3 its highest rating, top safety pick+. It said the Model 3 earned good ratings across the board for crashworthiness. The car's structure held up well in the driver-side small overlap front test, IIHS said.
Toyota Motor Corp on Thursday announced a 1 billion reais (£195 million) expansion at a plant in the Brazilian state of Sao Paulo, joining Volkswagen and General Motors in new investments in the region. Toyota said the funding would allow the Sorocaba plant, which builds the Etios and Yaris sedan models
Japanese Economy Minister Yasutoshi Nishimura said on Thursday that the government was prepared to help small businesses and farms depending on the outcome of trade talks with the United States, expected to be finalised and signed next week. "We're working on the negotiations now," Nishimura
Sep.18 -- Zhang Yue, senior vice president at CreditEase, discusses the demand for credit in China, write downs in her portfolio, P2P lending, their wealth management business and their expansion plans. She speaks exclusively on “Bloomberg Markets: China Open” on the sidelines of the Milken Institute
The Bank of Japan kept monetary policy steady on Thursday but signalled the chance of expanding stimulus as early as its next policy meeting in October by issuing a stronger warning over the risks threatening the economy. As expected, the BOJ maintained its short-term interest rate target at -0.1% and
Sep.18 -- Robert Petty, co-chief executive officer and co-chief investment officer at The Clearwater Funds Fiera Capital, discuss the Fed policy decision, the possibility of recession and his take on negative interest rates. He speaks on “Bloomberg Markets: China Open” from the sidelines of the Milken
Sep.18 -- Yoshikazu Yonenaga and Noritaka Ochiai, co-chief executive officers of Line Securities Corp., Nomura Holdings Inc.’s new online brokerage venture with mobile messaging provider Line, talk about the prospects and strategy for the business.
Oil prices edged higher in early Asian trade on Thursday after days of turbulence, with markets soothed by Saudi Arabia's pledge to restore full production by end-September at facilities knocked out in drone and missile attacks last weekend. Brent crude futures rose 8 cents to $63.68 a barrel by
Lovell Minnick, has offered 315 pence per share in cash to take Charles Taylor private, the company said in a statement. Charles Taylor directors said the offer, which represents a 34% premium to the company's share close on Wednesday, is "fair and reasonable" and unanimously recommend
Sep.18 -- Jae Won, senior vice president and head of Asia Pacific and Japan and Nokia Oyj, talks about 5G, and the company's strategy for the region. He speaks from the sidelines of the Milken Institute's Asia Summit in Singapore with Paul Allen and Shery Ahn on "Bloomberg Daybreak: Asia
It also comes as reports suggest Bank governor Mark Carney could be asked to extend his term once more in the event of Brexit being delayed.
Sep.18 -- The ETF industry has something for everyone -- the iShares Silver Trust ETF (ticker: SLV) tracks the price of silver, which has shined in 2019. In this week's "There's an ETF for That", Bloomberg's Scarlet Fu details the performance and makeup of 'SLV'.
Sep.18 -- Bloomberg's Eric Balchunas and Scarlet Fu break down the Alpha International Quantitative Value ETF (ticker: IVAL) with Ryan Kirlin, head of capital markets at Alpha Architect.
Sep.18 -- Matt Bartolini, head of SPDR Americas research at State Street Global Advisors, and Elizabeth Banks, producer, director, and actor, talk with Bloomberg’s Scarlet Fu about mid cap stocks, her involvement with ETFs and what celebrities bring to ETF marketing.
Sep.18 -- Shana Sissel, senior portfolio manager at CLS Investments, talks with Bloomberg's Scarlet Fu, Eric Balchunas and Sarah Ponczek about the rotation to value ETFs, emerging markets and how this week’s volatility in the repo market affected ETFs.
Asian shares turned lower on Thursday after the U.S. Federal Reserve cut interest rates as expected but signalled a higher bar to further policy easings. Treasury yields rose broadly and the curve flattened as Fed Chairman Jerome Powell took a cautious approach to any further reductions in borrowing
Airbnb Inc took in more than $1 billion (£801 million) in revenue for the second quarter of 2019, the second time it exceeded that level in its decade-plus history, the home rentals company said in a statement on Wednesday. The company also said it will be launching a multimillion-dollar marketing campaign
In addition to seeking a pause in widespread litigation against it, Purdue also asked U.S. Bankruptcy Judge Robert Drain to shield the wealthy Sacklers from related opioid lawsuits they face. Purdue filed for Chapter 11 bankruptcy protection on Sunday after reaching an outline of a deal it estimated
Sep.18 -- Nadine Terman, founder, chief executive officer and chief investment officer of Solstein Capital, talks about Chinese stocks, gold, energy and TLT, a 20-year treasury bond ETF. She speaks with Shery Ahn and Paul Allen on "Bloomberg Daybreak: Australia."
The New York Fed had to intervene in cash markets this week when the repo rate, a key measure of liquidity in the global banking system, sky-rocketed, forcing the Fed to make an emergency injection of more than $125 billion (£100.2 billion) on Tuesday and Wednesday. "What has happened in the repo
Britain has launched its first major auction of offshore wind farm leases in a decade, offering sites with the combined potential to power more than six million homes. Britain is already the world's largest offshore wind market, and plans to generate a third of its electricity from the technology
Total UK retail sales rose by 4.1% to £381bn in 2018, with debit card payments representing almost 57%. Photograph: Philip Toscano/PACredit card spending has overtaken cash for the first time, according to data from UK retailers. This means notes and coins have been demoted to the third most popular
Among working families with children, the charity found 60% could be just one pay cheque away from losing their home.