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Markets

HSBC to Launch $2 Billion Buyback

HSBC (5.HK) (HSBA.UK) is poised to launch a GBP1.5 billion ($ 2 billion) share buyback on Monday as part of a three-year program to run down its stockpile of cash, according to the Sunday Times. The London-based newspaper said the bank will announce the windfall for shareholders alongside its interim results, which will show profits for the period reached U… ...

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Venezuela: More than 8 million grant government more power

Venezuelan electoral authorities said more than 8 million people voted Sunday to create a constitutional assembly endowing President Nicolas Maduro‘s ruling socialist party with virtually unlimited powers — a report more than double the estimates of independent experts and opposition leaders who met the announcement with fury and derision. National Electoral Council President Tibisay Lucena announced just before midnight t… ...

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China isn't discouraging overseas investment, only regulating it, Beijing-backed think tanker says

Several high profile Chinese firms may be on the receiving end of government scrutiny over their overseas acquisitions, but the authorities are not cracking down on foreign investments, a Beijing-backed think tanker said. “The Chinese government is not discouraging overseas investment. It’s just that the government has started regulating overseas investment,” Cao W… Business

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What You Can Do to Prepare for the AI-Powered, Robot-Driven Work Revolution

In this episode of Motley Fool Answers , Alison Southwick and Robert Brokamp are joined by senior Motley Fool analyst Simon Erickson to talk about the disruptive trends of artificial intelligence, robotics, and automation. Recent studies conclude that huge numbers of U.S. workers will see their jobs — or parts of them — delegated to machines in the next few ...

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'The RV space is on fire': Sales hit records as more millennials enter market

Sometimes, bigger isn’t always better. The recreational vehicle industry has figured that out and it has led to record-breaking growth. This year, RV shipments are expected to hit their highest level ever, according to the Recreation Vehicle Industry Association, marking the industry’s eighth consecutive year of gains. Those shipments are accelerating, and should grow even more next year, the group ...

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