U.S. satellite group EchoStar dropped a $3.2 billion takeover approach for Inmarsat on Friday after failing with a late attempt to persuade the British company into talks.
Oil was mixed on Friday, with short-covering pushing up U.S. crude futures while Brent slipped on global trade tensions and increased Saudi production.
The ETF industry has gained huge popularity within just more than 20 years. Though the pace of rollout slackened a bit in 2016 as we saw close to 240 launches compared with approximately 300 in 2015, the issuances gathered steam again in 2017. More than 270 ETFs hit the market last year.Source: Investment Zen via Flickr (Modified) …read more […]
Thyssenkrupp will embark upon a planned refinement of its strategy only after a new chief executive is named, the company’s management board wrote to employees on Friday.
U.S. stocks rose on Friday as stronger-than-expected jobs growth in June and a surge in Biogen’s shares eased concerns about an escalating U.S.-China trade dispute after the two economies slapped tariffs on each other’s imports worth $34 billion.
Now the question for investors is should they consider buying NVDA stock now, ahead of any official GeForce announcement. Brand new reports surfaced on Thursday that suggested that Nvidia is stockpiling roughly one million GeForce GTX 11s in order to meet the demand for a Q3 or Q4 2018 launch. “It has been two years since the Pascal-based GeForce GTX 10 Series landed, so there is pent-up demand for this family’s successor to fuel the 4K gaming craze,” Hot Hardware’s Brandon Hill wrote. …read more […]
In filing to go public on Friday, Sonos mentioned some important concerns and potential risks to its business. The company said Amazon could disable its Alexa voice assistant on specific Sonos speakers with “limited notice,” something that could harm its products’ desirability. Amazon could also demand licensing fees for Alexa that could hurt Sonos’ bottom line. …read more […]
Airbus on Friday raised its forecast for aircraft demand over the next 20 years as it begins to recover from two years of late deliveries of its A320neo passenger jet.
World stock markets rose and the euro climbed to a three-week peak on Friday as the threat of tariffs by the United States and China on billions of dollars of trade became a reality, though concerns about the conflict escalating capped the appetite for risk.
Venezuela’s domestic airline industry is struggling to maintain operations due to hyperinflation and shortages of spare parts, according to an industry association, making it increasingly hard to obtain tickets and causing chronic flight delays.
Apple (AAPL) is likely to discontinue using Intel’s modems in the near future, with the call off of its 5G modems in 2020 iPhones. …read more […]
U.S. stocks edged higher on Friday on stronger-than-expected job growth in June, offsetting concerns from a trade war between the United States and China.
The dollar hit three-week lows on Friday after data showed the U.S. economy created more jobs than expected in June, but a closely-watched inflation gauge – wage growth – rose less than forecast and the unemployment rate increased.
The German government dismissed a report that it had privately raised concerns about Deutsche Bank , while JPMorgan denied it was interested in a stake in Germany’s biggest lender.
U.S. investment bank JPMorgan denied a report on Friday in Germany’s WirtschaftsWoche business weekly that it was interested in acquiring a stake in Deutsche Bank .
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