Business News
Wall Street set to open higher as oil prices rise
(Reuters) – Wall Street was set to open higher on Tuesday on the back of gains in oil prices and shares of big technology companies.
Year: 2018
Business News
Qatar to buy New York’s Plaza Hotel for $600 million: source
LONDON (Reuters) – The tiny but ultra-rich Gulf state of Qatar has agreed to buy one of New York’s most iconic buildings, the Plaza Hotel, for around $600 million, adding a development that was once owned by U.S. President Donald Trump to its luxury property portfolio.
Trading Ideas
4 High Dividend Stocks in the S&P 500 to Buy for Income
In a world of low interest rates, investors look for yield wherever they can find it. In the previous century, dividends did not compare well to bank interest rates. As a result, REITs pay an average dividend yield of 4.3%. …read more […]
Business News
Stock futures higher as oil prices rise
(Reuters) – U.S. stock index futures rose on Tuesday, boosted by a jump in oil prices and early gains in big technology stocks.
Trading Ideas
Should You Buy Facebook (FB) Stock with Q2 Earnings In View?
Facebook (FB) saw its stock price climb over 1.5% on Monday, despite an announcement that some 800,000 users might have been affected by a bug that unblocked users people had previously blocked. So let’s see what has investors excited about Facebook stock even with negativity still swirling around the social media powerhouse. …read more […]
Business News
Glencore gets U.S. subpoena on compliance with money-laundering laws
LONDON (Reuters) – U.S. authorities have demanded the U.S. arm of Glencore Plc hand over documents relating to its business in Nigeria, the Democratic Republic of Congo and Venezuela, sending shares in the parent company down more than 10 percent.
Trading Ideas
Thai official: Boys may have to dive from cave despite peril
A top Thai official said Tuesday that heavy rains forecast for the coming days could worsen floods in the mountain cave where 12 boys and their soccer coach were located after being missing for more than a week, forcing authorities to speed up their extraction. Officials said Tuesday that the boys, aged 11-16, and their 25-year-old coach were mostly in stable medical condition and have received high-protein liquid food. …read more […]
Trading Ideas
1 Top Stock You Can Buy and Hold for the Next Decade
This titan should only grow more powerful in the years ahead. …read more […]
Business News
Hyundai Motor’s union votes to strike after wage talks fail
SEOUL (Reuters) – Hyundai Motor’s unionized workers in South Korea voted on Tuesday to strike over stalled wage talks, adding to the woes of the automaker that is bracing for potential new U.S. tariffs amid falling profits.
Trading Ideas
Bull of the Day: NVIDIA (NVDA)
Bull of the Day: NVIDIA (NVDA) …read more […]
Business News
AirAsia X looking further into Airbus A330neo to ‘finally confirm’ order: co-group CEO
SINGAPORE (Reuters) – AirAsia X Bhd needs to ensure the price, performance and engines of the Airbus SE A330neo are right before it will “finally confirm” its order for 66 of the jets, its co-group chief executive said on Tuesday.
Business News
World stocks rise off 2-1/2 month low, China soothes currency markets
LONDON (Reuters) – World stocks rose on Tuesday, supported by gains in Europe and three straight days of tech-driven rises in the United States, even though markets across Asia and especially China remained in the grip of trade turbulence.
Business News
Amsterdam adds to exchange Brexit spoils with Cboe win
LONDON (Reuters) – Chicago-based Cboe Global Markets will open a European Union stock trading venue in Amsterdam as Britain leaves the bloc, adding to the Dutch city’s Brexit spoils.
Business News
Alibaba, Tencent lead $1.5 billion investment in China media group CMC
SHANGHAI/BEIJING (Reuters) – Chinese state-backed media group CMC Inc said on Tuesday it raised around 10 billion yuan ($1.49 billion) in a fundraising round from investors including tech giants Alibaba Group Holding Ltd and Tencent Holdings Ltd .
Business News
Trump moves to block China Mobile’s U.S. entry on security concerns
SHANGHAI/HONG KONG (Reuters) – The U.S. government has moved to block China Mobile from offering services to the U.S. telecommunications market, recommending its application be rejected because the firm posed national security risks.