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Home2018

Year: 2018

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Business News

Tesla moves first to hike prices in China as trade war hits car makers

July 10, 2018 admin Comments Off on Tesla moves first to hike prices in China as trade war hits car makers

U.S. carmaker Tesla Inc has hiked prices on its Model X and S cars by about 20 percent in China, becoming the first automaker to raise prices in the world’s largest automotive market in response to a U.S.-China trade war.

…read more […]

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Business News

Tesla hikes prices in China as trade war hits carmakers

July 10, 2018 admin Comments Off on Tesla hikes prices in China as trade war hits carmakers

U.S. carmaker Tesla Inc has hiked prices on its Model X and S cars by about 20 percent in China, becoming the first automaker to raise prices in the world’s largest automotive market in response to a U.S.-China trade war.

…read more […]

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Trading Ideas

Twitter's CFO clarifies that its second-quarter user metrics won't be affected by fake account purge

July 10, 2018 admin Comments Off on Twitter's CFO clarifies that its second-quarter user metrics won't be affected by fake account purge

After a Washington Post report last week that Twitter’s fake account purge …read more […]

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Business News

Brent leads crude prices higher as Norway oil workers get ready to strike

July 10, 2018 admin Comments Off on Brent leads crude prices higher as Norway oil workers get ready to strike

Oil prices rose on Tuesday on escalating concerns over potential supply shortages, with Brent crude leading the way as hundreds of oil workers in Norway were set to strike later in the day.

…read more […]

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Business News

Former Goldman Sachs banker in 1MDB plea talks with U.S.: WSJ

July 10, 2018 admin Comments Off on Former Goldman Sachs banker in 1MDB plea talks with U.S.: WSJ

A former Goldman Sachs Group Inc. banker is in talks with U.S. prosecutors to potentially plead guilty to criminal charges stemming from an alleged scheme to steal billions of dollars from a Malaysian state investment fund, the Wall Street Journal reported, citing people familiar with the matter said.

…read more […]

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Business News

Asia shares rise for a third day, pound bewildered by politics

July 10, 2018 admin Comments Off on Asia shares rise for a third day, pound bewildered by politics

Asian shares rallied for a third session on Tuesday as hopes for upbeat corporate earnings buoyed Wall Street, while several high-profile resignations from Britain’s government kept sterling on the defensive.

…read more […]

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Business News

Yahoo Japan buys back $2 billion of shares in three-way deal with SoftBank, Altaba

July 10, 2018 admin Comments Off on Yahoo Japan buys back $2 billion of shares in three-way deal with SoftBank, Altaba

Yahoo Japan Corp is buying back around $2 billion worth of its shares from SoftBank Group Corp as part of a three-way deal with its top shareholders, U.S. investment firm Altaba Inc and SoftBank.

…read more […]

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Business News

Do not blame OPEC, oil producer group says of Trump criticism

July 10, 2018 admin Comments Off on Do not blame OPEC, oil producer group says of Trump criticism

The president of OPEC defended the oil producer group on Monday against U.S. President Donald Trump’s recent demands for higher oil output, saying OPEC does not shoulder the blame.

…read more […]

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Business News

Brent leads crude prices higher as Norway oil workers prepare to strike

July 10, 2018 admin Comments Off on Brent leads crude prices higher as Norway oil workers prepare to strike

Oil prices rose on Tuesday on escalating concerns about potential supply shortages, with Brent crude leading the way as hundreds of oil workers in Norway are set to strike later in the day after failed wage talks.

…read more […]

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Trading Ideas

This is Microsoft’s $399 Surface Go

July 10, 2018 admin Comments Off on This is Microsoft’s $399 Surface Go

Microsoft dropped a pretty clear hint about this big news. After all, the …read more […]

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Business News

Asia shares extend rally, pound bewildered by politics

July 10, 2018 admin Comments Off on Asia shares extend rally, pound bewildered by politics

Asian shares sought to rally for a third session on Tuesday as hopes for upbeat corporate earnings buoyed Wall Street, while several high-profile resignations from Britain’s government kept sterling on the defensive.

…read more […]

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Business News

SoftBank to buy $2 billion of Yahoo Japan shares held by Altaba

July 10, 2018 admin Comments Off on SoftBank to buy $2 billion of Yahoo Japan shares held by Altaba

SoftBank Group Corp said on Tuesday that its unit SoftBank Corp would buy 221 billion yen ($2 billion) worth of shares in Yahoo Japan Corp , a 10.78 percent stake, held by U.S. investment firm Altaba Inc .

…read more […]

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Business News

House Republicans query Apple, Alphabet on privacy, data practices

July 10, 2018 admin Comments Off on House Republicans query Apple, Alphabet on privacy, data practices

Four senior U.S. House Republicans sent letters on Monday to the chief executives of Apple Inc and Google parent Alphabet Inc asking questions about location data and mobile phone privacy practices and the handling of customer data.

…read more […]

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Business News

Don’t blame OPEC, oil producer group says of Trump criticism

July 10, 2018 admin Comments Off on Don’t blame OPEC, oil producer group says of Trump criticism

The president of OPEC on Monday defended the oil producer group against U.S. President Donald Trump’s recent demands for higher oil output, saying OPEC does not shoulder the blame.

…read more […]

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Business News

Uber, Alphabet invest in bike sharing service Lime

July 10, 2018 admin Comments Off on Uber, Alphabet invest in bike sharing service Lime

Bike sharing service Lime said on Monday it raised $335 million from a group of investors including ride-sharing firm Uber Technologies Inc and Alphabet Inc .

…read more […]

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