DINNER PARTY INTEL: China clamps down on Winnie the Pooh
Topics to impress this week
1. Classic cars stall Owners of vintage cars are finding that demand for the niche asset class is slipping. At an auction held at the Goodwood Festival of Speed in the UK in June, the top sale failed to crack £1m, a barrier easily crossed in previous years, according to Bloomberg. The Hagerty collector car indices show sale prices more than doubled in value over the past decade. But prices peaked in 2016 and have since stalled — leading some to suspect the beginning of a slump. Efforts to repeal "Obamacare" could still go ahead — even without its replacement in place — if US President Donald Trump has his way. A Republican plan to replace the Patient Protection & Affordable Care Act with its own health-care bill has collapsed. Two more Republican senators this week opposed their party’s proposed alternative, making it impossible for the bill to pass in its current form. Even so, Trump has shown support for repealing Obamacare now, while allowing for a two-year delay to buy time for ...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.