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Home2019February

Month: February 2019

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Business News

Amid trade talks, China urges U.S. to respect its right to develop, prosper

February 20, 2019 admin Comments Off on Amid trade talks, China urges U.S. to respect its right to develop, prosper

The United States should respect China’s right to develop and become prosperous, the Chinese government’s top diplomat told a visiting U.S. delegation, reiterating that the country’s doors to the outside world would open wider.

…read more […]

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Business News

Southwest to investigate maintenance-related flight disruptions: executive

February 20, 2019 admin Comments Off on Southwest to investigate maintenance-related flight disruptions: executive

Southwest Airlines Co , which has been in negotiations with its aircraft mechanics union for six years, will be investigating the disruption behind an unprecedented number of out-of-service aircraft, its chief operating officer Mike Van de Ven said on Tuesday.

…read more […]

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Business News

Tesla prepares to offer Model 3 leasing to boost demand: Electrek

February 20, 2019 admin Comments Off on Tesla prepares to offer Model 3 leasing to boost demand: Electrek

Elon Musk’s Tesla Inc is preparing to launch its leasing products for Model 3 to boost demand, news website Electrek said on Tuesday, citing an email sent to employees.

…read more […]

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Business News

Oil dips from 2019 highs as rising U.S. supply erodes OPEC cuts

February 20, 2019 admin Comments Off on Oil dips from 2019 highs as rising U.S. supply erodes OPEC cuts

Oil prices slipped from 2019 highs on Wednesday as soaring U.S. production and expectations of an economic slowdown undermined efforts led by producer club OPEC to cut supply to tighten global markets.

…read more […]

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Business News

U.S. approves Fresenius purchase of NxStage

February 20, 2019 admin Comments Off on U.S. approves Fresenius purchase of NxStage

The U.S. Federal Trade Commission has given Germany’s Fresenius Medical Care AG and U.S. home dialysis equipment maker NxStage Medical Inc antitrust approval for their merger, the agency said on Tuesday.

…read more […]

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Business News

Asia stocks up slightly, eyes on U.S.-China talks, Fed minutes

February 20, 2019 admin Comments Off on Asia stocks up slightly, eyes on U.S.-China talks, Fed minutes

Asian stocks gained a tad on Wednesday after U.S-China trade talks resumed while investors awaited minutes from the U.S. Federal Reserve for clues on policymakers’ thinking on interest rates and its balance sheet reduction policy.

…read more […]

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Business News

Tesla to offer Model 3 leasing products to boost demand: Electrek

February 20, 2019 admin Comments Off on Tesla to offer Model 3 leasing products to boost demand: Electrek

Elon Musk’s Tesla Inc is preparing to launch its leasing products for Model 3, news website Electrek said on Tuesday, citing an email sent to employees.

…read more […]

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Business News

Oil near 2019 highs amid OPEC supply cuts, but rising U.S. output weighs

February 20, 2019 admin Comments Off on Oil near 2019 highs amid OPEC supply cuts, but rising U.S. output weighs

Oil prices hovered near 2019 highs on Wednesday, supported by OPEC-led supply cuts and U.S. sanctions on Iran and Venezuela, but capped by soaring U.S. production and expectations of an economic slowdown.

…read more […]

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Business News

U.S. settles with Teva over keeping generic drugs off market

February 20, 2019 admin Comments Off on U.S. settles with Teva over keeping generic drugs off market

The U.S. government has reached a settlement with Teva Pharmaceuticals Industries Ltd over charges that its agreements with rivals impeded consumer access to lower-priced generic drugs.

…read more […]

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Business News

Ford to close oldest Brazil plant, exit South America truck biz

February 20, 2019 admin Comments Off on Ford to close oldest Brazil plant, exit South America truck biz

Ford Motor Co said on Tuesday it will close its oldest factory in Brazil and exit its heavy commercial truck business in South America, a move that could cost more than 2,700 jobs as part of a restructuring meant to end losses around the world.

…read more […]

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Business News

Kellogg, Mondelez stock up on Pringles, Milka for fear of Brexit

February 20, 2019 admin Comments Off on Kellogg, Mondelez stock up on Pringles, Milka for fear of Brexit

As Brexit looms, Kellogg Co and Mondelez International Inc are taking measures to protect Britons from a potential shortage of Pringles chips, BelVita biscuits and Milka chocolate.

…read more […]

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Business News

U.S. watchdog proposes ‘testing waters’ before public offerings

February 19, 2019 admin Comments Off on U.S. watchdog proposes ‘testing waters’ before public offerings

The U.S. Securities and Exchange Commission (SEC) proposed on Tuesday to expand a rule that allows companies to sound prospective investors out privately before going public.

…read more […]

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Business News

Ford to close oldest plant in Brazil, costing 2,700 jobs

February 19, 2019 admin Comments Off on Ford to close oldest plant in Brazil, costing 2,700 jobs

Ford Motor Co said on Tuesday it will close its oldest factory in Brazil and exit its heavy commercial truck business in South America, a move that could cost more than 2,700 jobs as part of a restructuring meant to end losses around the world.

…read more […]

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Business News

Gold hits 10-month peak on growth worries; dollar dips

February 19, 2019 admin Comments Off on Gold hits 10-month peak on growth worries; dollar dips

Gold prices rose to a 10-month high on Tuesday as concerns over a global economic slowdown spurred a safe-haven bid and were also supported by a weaker U.S. dollar, which fell on optimism for a breakthrough in U.S.-China trade talks.

…read more […]

CEO Interview

Melior Resources (TSX.V: MLR) Transitioning to strong profits in industrial minerals

February 19, 2019 admin Comments Off on Melior Resources (TSX.V: MLR) Transitioning to strong profits in industrial minerals

                Melior Resources (TSX.V: MLR) Interview with Mark McCauley, CEO discussing the company’s transformation into a profitable industrial minerals producer, with potential for $15 million operating profits in 2020. Melior’s […]

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