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Business

Budweiser Brewer to Sell Australian Unit to Japan's Asahi

Anheuser-Busch InBev              SA BUD 5.50% agreed to sell its Australian unit to             Asahi Group Holdings              2502 1.45% for $ 11.3 billion, positioning the world's largest brewer to pare its heavy debt and pursuing acquisitions in higher-growth markets to offset slumping beer volumes in the U.S. AB InBev shares jumped Friday as investors welcomed the price struck for the …

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CEO of BlackRock: We do not need scales, we need technology

CEO of the world's largest stockbroker BlackRock said he did not think the Facebook balance was a crypto-match. In a CNBC interview on July 19, BlackRock Larry Fink stressed that there is a tremendous need to democratize the exchange of foreign currencies in cross-border transactions and reduce exchange fees. The CFO pointed to the existing problem of excessive cross-border transactions …

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Netflix Chief Executive Reed Hastings may have missed the real reason why US subscription numbers fell

New research into how users react when they do not know what to look at in their video streaming service could help explain why Netflix is ​​losing subscribers. NFLX, -10.27% Second Quarter Profit Report showed fewer new subscribers than expected. Nielsen's viewing habits can help explain what consumers are doing if they have not bought Netflix subscriptions lately. The company …

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Stores for dollars are everywhere. This is a problem for poor Americans

Dollar stores have never been more popular. Yet a wave of cities have adopted laws restricting the expansion of Dollar () ) and DLTR ) who buys the family dollar in 2015. Companies are the two largest dollar-store operators in the country, combining more than 30,000 stores in the United States, compared to 20,000 previously. For comparison, Walmart [19659002] ( …

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Apparent Prime Day pricing error may cost Amazon

Whoops: Amazon, apparently in error, priced and a bunch of very expensive camera gears for $ 94.48 on Prime Day-and is honoring at least some of the sales First, someone noticed a camera normally priced at $ 548 was listed for $ 94.48 and submitted the deal to Slickdeals. It made it to the site's front page, and soon commenters …

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How different is the Facebook cryptobook

A visual representation of a coin with crypto-gravity displayed in front of the Facebook and Libra logos. Chesnot | The Social Media Company was forced to defend the Capitol Hill project due to regulatory concerns over data privacy and potential illegal exploitation while the G-7 warns it to be a " serious "legal risk. This is an experiment in monetary …

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Antitrust scrutiny of Amazon puts EU in league with Trump and Warren

As the winner of the White House in 2016, Amazon has achieved a political rarity: uniting the interests of President Trump with those of two frequent foils, Democratic challenger Elizabeth Warren and the European Union. Trump has accused the Seattle-based e-commerce giant of paying insufficient taxes and exploiting the US Warren, a senator from Massachusetts and a frequent target of …

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