Trading Ideas
Tesla reportedly asked suppliers for cash back to help it reach profitability
In an unusual move, Tesla has reportedly asked some suppliers to return part …read more […]
Year: 2018
Trading Ideas
After a week of walkbacks, Trump returns to Russia doubting
Trump spent days trying to reassure the country that he accepts that the longtime foe interfered in the 2016 election after his public undermining of U.S. intelligence agencies in Helsinki while standing alongside Russian President Vladimir Putin. “So President Obama knew about Russia before the Election,” Trump tweeted. It was not immediately clear whether Trump was suggesting that the entire notion of Russian interference — U.S. intelligence agencies unanimously concur it took place and Trump reluctantly accepted their assessment amid the firestorm — was fraudulent, or just the investigation of potential collusion by Trump associates with Russian agents. …read more […]
Business News
China launches probe into stainless steel imports from EU, Japan, South Korea, Indonesia
China’s Commerce Ministry said on Monday it has launched an anti-dumping probe into imports of stainless steel billet and hot-rolled stainless steel sheet and plate from the European Union, Japan, South Korea and Indonesia.
Business News
BOC Aviation to buy 17 Airbus aircraft worth $2.2 billion
BOC Aviation Ltd said on Monday it would buy 17 new Airbus A320NEO and A321NEO aircraft worth a combined $2.2 billion at list prices.
Business News
Oil prices mixed as G20 warns of risks to growth
Oil prices were mixed on Monday as finance ministers and central bank governors from the G20 warned that risks to global growth have increased with rising trade and geopolitical tensions among other vulnerabilities.
Business News
Dollar dips, stocks slip on Trump remarks
The dollar declined on Monday against major currencies to its lowest in more than two weeks after U.S. President Donald Trump criticized the Federal Reserve’s tightening policy, while stocks slipped on fears of further trade protectionist measures.
Trading Ideas
Qualcomm-NXP Deal Faces Moment of Truth With China ‘Yes’ or ‘No’
Qualcomm Inc. is at the end of a nearly two-year wait for China’s government to sign off on its $44 billion purchase of NXP Semiconductors NV. The final authorization could be processed and made public at short notice if China’s political leaders decide to release it. NXP gave Qualcomm until 11:59 p.m. on Wednesday, July 25 in New York to get it done. …read more […]
Business News
BHP served with class action over Samarco dam failure
Global miner BHP said on Monday it has been served with a class action proceeding in the Federal Court of Australia regarding the 2015 Samarco dam failure in Brazil.
Trading Ideas
3 Things to Watch in the Stock Market This Week
Facebook is one of several big-name stocks set to announce earnings results over the next few days. …read more […]
Trading Ideas
Ford Motor Company Earnings: How Badly Will a Supplier's Fire Hurt?
And will it matter in the long run? …read more […]
Business News
G20 calls for stepped-up trade dialogue; no agreement on path forward
Global finance leaders called on Sunday for stepped-up dialogue to prevent trade and geopolitical tensions from hurting growth, but ended a two-day G20 meeting with little consensus on how to resolve multiple disputes over U.S. tariff actions.
Business News
Mondelez voluntarily recalls some U.S. Ritz cracker products
Mondelez Global LLC has voluntarily begun recalling some Ritz Cracker sandwiches and Ritz Bits products over concern that they may include an ingredient tainted with Salmonella.
Trading Ideas
Molinari survives wild day to win British Open
Francesco Molinari didn’t get the loudest cheers for the best golf at British Open. Molinari settled for the best cheer of them all. Amid so much chaos — seven players atop the leaderboard, six of them still tied on the back nine — Molinari played a steady hand by going the entire weekend without a bogey and finishing with a 5-foot birdie putt that secured his place in history as Italy’s first major champion. …read more […]
Business News
Atos to buy Syntel for about $3.57 billion
French IT services company Atos SE agreed to acquire Syntel Inc in an all-cash transaction for about $3.57 billion, including net debt, the companies said on Sunday.
Business News
G20 calls for greater dialogue on trade tensions
Finance ministers and central bankers from the world’s largest economies said on Sunday that heightened trade and geopolitical tensions risk derailing global growth, and called for greater dialogue, according to the final communique of a G20 meeting.