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Brexit dents global economic outlook, fiscal stimulus ahead: Reuters poll

July 21, 2016 by · Leave a Comment 

Confidence in prospects for the global economy has been dented following Britain's vote to leave the European Union, with a growing view that monetary policy is a fading force and many governments now need to borrow and spend, Reuters polls showed. The United States is entering…

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Brexit dents global economic outlook, fiscal stimulus ahead: Reuters poll

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U.S. lawsuits link Malaysian leader to stolen money from 1MDB fund

July 21, 2016 by · Leave a Comment 

By Rozanna Latiff and Joseph Sipalan KUALA LUMPUR (Reuters) – Malaysian Prime Minister Najib Razak said on Thursday judgment should be withheld until all the facts are known after the U.S. government filed lawsuits seeking to seize $1 billion in assets bought with money stolen from a state fund he oversaw. The U.S. Justice Department lawsuits filed in a federal court on Wednesday did not name Najib, instead referring to “Malaysian Official 1.”…

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U.S. lawsuits link Malaysian leader to stolen money from 1MDB fund

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Musk’s Tesla ‘master plan’ big on vision, short on details

July 21, 2016 by · Leave a Comment 

“The plan is like before – or like much of what Tesla does – long on exciting visions of the future and short on financial details,” Barclays Capital analyst Brian Johnson said in a note to clients. In a blog post titled “Master Plan, Part Deux”, Musk also restated his argument that Tesla should acquire solar panel installer SolarCity Corp .

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Musk’s Tesla ‘master plan’ big on vision, short on details