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Home2018September

Month: September 2018

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Business News

S&P, Dow touch record highs as tech stocks boost

September 21, 2018 admin Comments Off on S&P, Dow touch record highs as tech stocks boost

The benchmark S&P 500 and the Dow Jones Industrial Average touched record highs on Friday, their second session in a row, boosted by gains in the technology and consumer discretionary sectors.

…read more […]

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Take Five: World markets themes for the week ahead

September 21, 2018 admin Comments Off on Take Five: World markets themes for the week ahead

Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

…read more […]

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U.S. ‘very close’ to proceeding with Mexico-only trade deal: Trump adviser

September 21, 2018 admin Comments Off on U.S. ‘very close’ to proceeding with Mexico-only trade deal: Trump adviser

The United States is getting “very, very close” to having to move forward on its trade deal with Mexico without Canada, White House economic adviser Kevin Hassett said on Friday.

…read more […]

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S&P, Dow hit record highs at the open

September 21, 2018 admin Comments Off on S&P, Dow hit record highs at the open

The benchmark S&P 500 and the Dow Jones Industrials Average hit record highs at the open on Friday, while the Nasdaq rose on gains in technology stocks.

…read more […]

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Micron, Toshiba chips in new iPhones: iFixit

September 21, 2018 admin Comments Off on Micron, Toshiba chips in new iPhones: iFixit

A teardown of Apple Inc’s latest iPhones revealed chips from Micron Technology and Toshiba among others in the devices while there was no mention of Samsung , according to gadget repair firm iFixit.

…read more […]

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Finnish financial watchdog looks into Danske Bank money laundering scandal

September 21, 2018 admin Comments Off on Finnish financial watchdog looks into Danske Bank money laundering scandal

Finland’s financial supervisory authority (FIN-FSA) said on Friday that it was watching developments in Danske Bank’s money laundering scandal.

…read more […]

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Wall Street to inch higher as oil gains

September 21, 2018 admin Comments Off on Wall Street to inch higher as oil gains

Higher oil prices looked set to help U.S. stock markets add to a week of gains on Friday as concern about a U.S.-China trade war moved further into the background.

…read more […]

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Expect volume spike on sector reshuffle, quadruple witching

September 21, 2018 admin Comments Off on Expect volume spike on sector reshuffle, quadruple witching

An overhaul of Wall Street’s technology and media sectors will coincide with the quarterly expiration of futures and options, potentially bringing a burst of volume and volatility to trading on Friday and the days that follow.

…read more […]

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British inquiry widens Danske Bank money laundering scandal

September 21, 2018 admin Comments Off on British inquiry widens Danske Bank money laundering scandal

Danske Bank’s money laundering scandal spread to Britain on Friday as the National Crime Agency (NCA) said it is investigating the use of UK-registered companies.

…read more […]

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Futures flat as oil gains offset chipmaker falls

September 21, 2018 admin Comments Off on Futures flat as oil gains offset chipmaker falls

Stock index futures handed back initial gains on Friday to point to a flat opening for U.S. markets, with the impact of a rise in oil prices on energy companies offset by a drop in chipmaker shares.

…read more […]

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Receding trade fears help stocks hit six-month high

September 21, 2018 admin Comments Off on Receding trade fears help stocks hit six-month high

World shares hit their highest levels in more than six months on Friday as investors took the view that the latest exchange of tariffs between the United States and China may be less damaging than initially feared.

…read more […]

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Farfetch tops price range in IPO in boon to luxury market

September 21, 2018 admin Comments Off on Farfetch tops price range in IPO in boon to luxury market

Farfetch priced its shares above its targeted range on Friday in a New York flotation that values the online luxury retailer at over $5.8 billion and underscores how big a bet web sales have become for high-end brands.

…read more […]

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Danske Bank money laundering ‘giga scandal’ spreads to Britain

September 21, 2018 admin Comments Off on Danske Bank money laundering ‘giga scandal’ spreads to Britain

Danske Bank’s money laundering scandal spread on Friday as Britain’s National Crime Agency (NCA) said it is investigating the use of UK-registered companies.

…read more […]

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SandRidge says interim CEO not in race for top job

September 21, 2018 admin Comments Off on SandRidge says interim CEO not in race for top job

SandRidge Energy Inc said on Friday interim Chief Executive Officer William Griffin would not be a candidate for the position of CEO.

…read more […]

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French minister optimistic over buyer for Ford Blanquefort plant

September 21, 2018 admin Comments Off on French minister optimistic over buyer for Ford Blanquefort plant

French Economy minister Bruno Le Maire said on Friday that talks with Belgian transmissions supplier Punch Powerglide over the purchase of Ford’s Blanquefort gearbox plant in southwestern France should be concluded next month.

…read more […]

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