Financial news on November 28, 2015
Business and Financial news
Singer Adele does not fit mold of typical pop star--she is full-figured mother who barely uses social media--yet is selling more albums than most others in music industry; officials estimate that her new album, entitled 25, sold at least 3.2 million copies in United States in its first week, smashing N Sync's opening-week sales record of 2.4 million in 2000. Read more..
Pop-up windows are often quashed by default in a web browser’s settings, but most programs let you add a list of exceptions. Read more..
Adobe reports shoppers spent $1.73 billion online this Thanksgiving, up 22 percent from 2014, with almost 60 percent coming from mobile devices; forecasts Black Friday will see $2.6 billion in online sales, up 14 percent; foot traffic is falling at brick-and-mortar stores as shopping shifts online. Read more..
Chief executive of BTG Pactual Andre Esteves is jailed on corruption charges; interim leader Persio Arida tries to calm investors, saying Brazilian bank will cooperate with any investigation. Read more..
Chinese stock markets plunge after short-lived rally, with main Shanghai share index dropping 5.5 percent. Read more..
Paul Sullivan Wealth Matters column discusses financial considerations for collectors of art and antiques. Read more..
Alex Vratsanos is big with the four-letter words. Don’t tell his mother. Read more..
Chinese families are looking for a safe place to invest their renminbi. From rural Texas to Silicon Valley, American real estate is an increasingly popular destination for their cash. Read more..
Unlike its domestic peers, the Spanish bank didn’t lend to the teetering engineering group. Nor did it invest in Bankia’s failed I.P.O. or Spain’s bad bank, Sareb. Read more..
Emily Cox and Henry Rathvon offer us an acrostic that floats. Read more..
Exchange Rates of November 28, 2015
|US Dollar||Australian Dollar||1 USD = 1.388 AUD||1 AUD = 0.720 USD|
|US Dollar||Swiss Franc||1 USD = 1.030 CHF||1 CHF = 0.971 USD|
|US Dollar||Mexican Peso||1 USD = 16.620 MXN||1 MXN = 0.060 USD|
|Euro||Australian Dollar||1 EUR = 1.469 AUD||1 AUD = 0.681 EUR|
|Euro||Canadian Dollar||1 EUR = 1.413 CAD||1 CAD = 0.708 EUR|
|Australian Dollar||Canadian Dollar||1 AUD = 0.961 CAD||1 CAD = 1.040 AUD|
|Australian Dollar||Mexican Peso||1 AUD = 11.969 MXN||1 MXN = 0.084 AUD|
|Canadian Dollar||Mexican Peso||1 CAD = 12.434 MXN||1 MXN = 0.080 CAD|