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Google bows down to France

newsflight june 7

Markets

Nikkei 225

29,019.24

▲ +77.72 / +0.27%

SSE Composite

3,599.54

▲ +7.70 / +0.21%

IBOVESPA

130,042.50

▼ -83.28 / -0.06%

Straits Times

3,175.81

▲ +24.77 / +0.79%

BMV IPC

51,605.44

▲ +1,121.08 / +2.22%

Dow Jones

34,688.80

▼ -67.59 / -0.19%

DAX 30

15,696.93

▲ +4.03 / +0.03%

BSE SENSEX

52,328.51

▲ +228.46 / +0.44

FTSE 100

7,083.32

▲ +14.28 / +0.20%

JSE Top 40

61,351.44

▼ -265.36 / -0.43%

Market News

  • SSE Composite: The SSE Composite in China seems to have shown relatively slow growth over the last week and month.
  • Dow Jones: The US’ Dow Jones index appeared to stay on a relatively moderate track over the past week.
  • FTSE 100: As the UK starts to open up more and more, the FTSE index appears to be slowly inching toward growth once again.

Last Week’s Highlights

Google Bows Down to France

Tech giants have faced legal trouble and intense scrutiny over the last decade in Europe, often with large settlements to pay. In the latest chapter, France has gone to court with Google over advertising rules and regulations. This time, the company faced monopoly charges over unethical use of personal data. Though it may seem like a drop in the bucket for Google at $267 million in settlement money, the case represents a new precedent for big tech companies.

G7 Tax Agreement Could Push Through

This past weekend, former FED leader and now US Treasury Secretary Janet Yellen announced a new plan to cooperate internationally to level taxes. This deal could prove monumental, as it’s aim is to set a minimum tax percentage to cut down on havens for businesses to take advantage of. However, critics claim that increased taxes could negatively impact businesses.

Coming Up This Week

Bezos Brothers Are Going to Space

Jeff Bezos’ company Blue Origin has been planning a highly anticipated space trip for the last while.  Though the company has already completed numerous test runs, not a single person has been on board to experience Bezos’ dream. In July of this year, it will become reality, with Jeff Bezos and brother Mark on board to be among the first.

US Visit to Taiwan over Vaccines

In what many are taking as a medical diplomacy effort, the United States announced that it will provide three-quarters of a million vaccines to the island of Taiwan. Taiwan’s territory has been long disputed, with China claiming ownership and many residents claiming independence. Though the Chinese government denies involvement, some claim that it has made efforts to starve the island of vaccine access. With the US now donating vaccines, Beijing could take this action as an affront to their control in the region.


More Things to Sip On…

Is high work-from-home productivity enough for companies? Many aren’t sure.

In the financial hub of Miami, Bitcoin is a big deal.

The US still seems so behind on climate change actions.


Academy

5 Investment Tips To Become A Smart Investor

simple investment tips

“Why don’t you invest? Or why do your friends not invest? Many millennials report mistrust of the market, lack of know-how, insufficient funds, and student debt as barriers that prevent them from investing.”

Learn more »

6 Steps to set your Personal Financial Goals

financial goals

“No matter what stage of life you currently find yourself in, we’re pretty sure that you’ve given some thought about both your short- and long-term personal financial goals.”

Learn more »

20 Side Hustle Ideas to Boost Your Income

side hustle

“A side gig, moonlighting, or, as the kids call it these days, a side hustle is an excellent way to diversify your income, make a hobby profitable, and even build your confidence.” 

Learn more »

“During recession greed dies, frugality survives.”
– Amit Kalantri –


Disclaimer
All market information provided was collected in the afternoon of June 4, 2021. The purpose of NewsFlight is to summarize and make accessible information on a variety of topics within the world of investing and personal finance, and thus cannot be considered formal research or reports. All sources utilized to compile the NewsFlight newsletter are considered trustworthy by the FlexInvest team. FlexInvest Limited is not affiliated with and does not receive remuneration from the news sources used to compile NewsFlight. As well, any images or logos incorporated into the NewsFlight newsletter are not necessarily property of FlexInvest and may solely be included to provide context for the news covered. NewsFlight should not be taken as advice to sell or buy securities or to make any investment. When investing in securities or other financial products, there is always the potential to lose money or asset value. FlexInvest recommends that its users consider their investment objectives and risks before investing. Additionally, any projections or analysis made by authors of NewsFlight cannot be considered as a promise of future trends or returns. Opinions expressed in News Flight are not representative of FlexInvest Limited.

All information provided was collected up to the last business day of the previous week of the release of this NewsFlight. The purpose of NewsFlight is to summarize and make accessible information on a variety of topics within the world of investing and personal finance, and thus cannot be considered formal research or reports. All sources utilized to compile the NewsFlight newsletter are considered trustworthy by the FlexInvest team. FlexInvest is not affiliated with and does not receive remuneration from the news sources used to compile NewsFlight. As well, any images or logos incorporated into the NewsFlight newsletter are not necessarily property of FlexInvest and may solely be included to provide context for the news covered. NewsFlight should not be taken as advice to sell or buy securities or to make any investment. When investing in securities or other financial products, there is always the potential to lose money or asset value. FlexInvest recommends that its users consider their investment objectives and risks before investing. Additionally, any projections or analysis made by authors of NewsFlight cannot be considered as a promise of future trends or returns. Opinions expressed in NewsFlight are not representative of FlexInvest.

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