Business
Markets Live, Friday 31 July, 2020 – The Sydney Morning Herald
The Australian sharemarket has been weighed down by the blue-chip stocks and a weak lead from Wall Street. The Aussie is trading at US72c.
Another chief executive officer set to testify, Mark Zuckerberg of Facebook, has grown $US10.7 billion richer this year, placing his fortune within reach of the centibillionaire status already held by Bezos and Bill Gates.
The mind-boggling accumulation of money underway in technology is unrivalled in speed and scale. No other group of executives has prospered to such a degree. Indeed, the world’s richest people are growing even richer, even faster, as the coronavirus pandemic upends the global…
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