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Home2018October

Month: October 2018

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Business News

Asia shares echo Wall Street cheer, China more muted

October 17, 2018 admin Comments Off on Asia shares echo Wall Street cheer, China more muted

Asian equities got some welcome relief on Wednesday after upbeat U.S. earnings reports drove a rebound on Wall Street and helped restore a little faith in emerging market stocks and currencies.

…read more […]

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Business News

China’s Zhoushan city woos Exxon Mobil for a $7 billion ethylene plant

October 17, 2018 admin Comments Off on China’s Zhoushan city woos Exxon Mobil for a $7 billion ethylene plant

The Chinese city of Zhoushan is in talks with oil major Exxon Mobil Corp to build a $7 billion ethylene plant in the city south of Shanghai, it said in a statement released on Wednesday.

…read more […]

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Business News

U.S. oil service firms face tough quarter despite high crude prices

October 17, 2018 admin Comments Off on U.S. oil service firms face tough quarter despite high crude prices

Even as crude prices hover near four-year highs, U.S. oilfield service firms’ third-quarter results due out in coming days will reflect a shaky recovery, as their customers face drilling constraints and pressure to hold down spending.

…read more […]

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Business News

Fujifilm wins appeal in battle with Xerox over scrapped merger

October 17, 2018 admin Comments Off on Fujifilm wins appeal in battle with Xerox over scrapped merger

Fujifilm Holdings Corp has won an appeal in its legal battle with Xerox Corp , with a U.S. court overturning preliminary injunctions requested by activist investors that had blocked a planner merger.

…read more […]

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Business News

Asia shares ride Wall Street bounce, China muted

October 17, 2018 admin Comments Off on Asia shares ride Wall Street bounce, China muted

Asian equities got some welcome relief on Wednesday after upbeat U.S. earnings reports drove a rebound on Wall Street and helped restore a little faith in emerging market stocks and currencies.

…read more […]

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Business News

Asia shares rally as Wall Street bounce relieves

October 17, 2018 admin Comments Off on Asia shares rally as Wall Street bounce relieves

Asian equities got some much needed relief on Wednesday after upbeat U.S. earnings reports drove a rebound on Wall Street and helped restore a little confidence in emerging market stocks and currencies.

…read more […]

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Business News

Netflix record subscriber growth dispels Wall Street worries

October 17, 2018 admin Comments Off on Netflix record subscriber growth dispels Wall Street worries

Netflix Inc hooked 7 million new streaming subscribers from July to September, a third more than Wall Street had expected, reassuring investors who had worried the company was facing a slowdown in its fast-paced growth.

…read more […]

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Business News

U.S. Senate bill could give Tesla, GM electric car tax credit boost

October 17, 2018 admin Comments Off on U.S. Senate bill could give Tesla, GM electric car tax credit boost

Tesla Inc and General Motors Co , which have lobbied Congress to lift a cap on electric vehicles eligible for a $7,500 tax credit, could get their way for up to four years under a new proposal from a Republican senator.

…read more […]

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Business News

Railroad operator CSX’s quarterly profit tops Wall Street target

October 17, 2018 admin Comments Off on Railroad operator CSX’s quarterly profit tops Wall Street target

CSX Corp on Tuesday reported quarterly profit that topped Wall Street’s view and raised its full-year revenue forecast, as the No. 3 U.S. railroad operator benefited from ongoing cost-cutting and higher prices for moving freight.

…read more […]

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Business News

U.S. regains crown as most competitive economy for first time since 2008: WEF

October 17, 2018 admin Comments Off on U.S. regains crown as most competitive economy for first time since 2008: WEF

The U.S. economy sits atop of the World Economic Forum’s annual global competitiveness survey for the first time since the 2007-2009 financial crisis, benefiting from a new ranking methodology this year, the Swiss body said on Tuesday.

…read more […]

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Business News

Honda Aircraft expects higher light jet deliveries in 2019

October 17, 2018 admin Comments Off on Honda Aircraft expects higher light jet deliveries in 2019

Honda Aircraft Co chief executive Michimasa Fujino said on Tuesday he expects deliveries of the HondaJet to rise in 2019 above the estimated 50 aircraft customers will take this year, as the light business plane maker targets Asia for growth.

…read more […]

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Business News

IBM revenue misses as server, software sales slow

October 17, 2018 admin Comments Off on IBM revenue misses as server, software sales slow

IBM Corp reported a bigger-than-expected drop in revenue on Tuesday, hit by slowing software sales and wavering demand for mainframe servers, pointing to a bumpy recovery for the technology services giant that is in the midst of a turnaround.

…read more […]

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Business News

Netflix eases Wall Street worries with record quarter

October 17, 2018 admin Comments Off on Netflix eases Wall Street worries with record quarter

Netflix Inc hooked 7 million new streaming subscribers from July to September, a third more than Wall Street had expected, reassuring investors who had worried the company was facing a slowdown in its fast-paced growth.

…read more […]

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Business News

Target adds new space, more toys for holiday season

October 17, 2018 admin Comments Off on Target adds new space, more toys for holiday season

Target Corp will dedicate nearly a quarter of a million square feet of new space to its toy business across 500 of its stores, the retailer said on Tuesday, part of an effort to win more holiday sales.

…read more […]

Business Services

Helix TCS (OTC: HLIX) CEO Zachary Venegas on cannabis industry M&A in technology and security services.

October 17, 2018 admin Comments Off on Helix TCS (OTC: HLIX) CEO Zachary Venegas on cannabis industry M&A in technology and security services.

Helix TCS (OTC: HLIX) CEO Zachary Venegas talks cannabis industry M&A in technology and security services.

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