Here is what you need to know.
The G-20 deals exporters a blow. Central-bank
governors of the 20 biggest economies dealt a blow to Germany and
other trade countries when they private a oath from the
communique to keep global trade free and open. Reuters reports
they instead pronounced that “the G-20 would work together to
strengthen the grant of trade to their economies.”
crashes 20%. Bitcoin tumbled 20% over the weekend,
attack a low of $970, following a Wall Street Journal report
that a feud among developers could outcome in the
cryptocurrency bursting in two.
Chinese home prices are climbing again. Home prices
in China increasing in 56 of the 70 cities tracked, circumference up 0.3%
nationally, information expelled by the National Bureau of Statistics
showed on Monday.
Denmark is out of foreign-currency debt. The
Danmarks Nationalbank pronounced in a statement: “On 20 Mar 2017, the
Danish executive supervision will repay its last loan in foreign
currency, totaling 1.5 billion dollars. Thus for the first time
in at slightest 183 years the Danish executive supervision has no
unfamiliar banking loans.”
Deutsche Bank is lifting cash. The German investment
bank will lift 8 billion euros ($8.6 billion) by selling shares
at a 35% bonus to last week’s shutting price, Bloomberg
reports, citing a matter expelled Sunday.
Uber’s boss is out. Jeff Jones has stepped down
as boss at Uber, observant it was “not the conditions he signed
on for.” Recode says Jones’ depart is a outcome of the number
of scandals at the company.
Authorities hunt the offices of Volkswagen’s CEO.
About 100 officials searched the offices of Volkswagen CEO
Matthias Mueller and 46 other employees in tie with the
company’s emissions-cheating scandal, Reuters says, citing Bild
Unilever wants to sell assets. The company is
formulation to sell the Flora margarine and Stork butter brands for
6 billion pounds, Reuters reports, citing British newspapers.
“Beauty and the Beast” has a outrageous weekend at the box
office. Disney’s film raked in $170 million, making
it the seventh-highest opening weekend of all time.
Stock markets around
the universe are mixed. Hong Kong’s Hang Seng (+0.8%)
paced the allege in Asia, and France’s CAC (-0.5%) leads the
waste in Europe. The SP 500 is set to open down 0.1% near