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Home2019April

Month: April 2019

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Business News

Wall Street opens flat after three-day surge

April 2, 2019 admin Comments Off on Wall Street opens flat after three-day surge

U.S. stocks opened flat on Tuesday, pausing after a three-day surge on Wall Street as investors looked for more signs of strength in the economy in the wake of growth worries.

…read more […]

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Business News

Bitcoin jumps 20 percent, mystery order seen as catalyst

April 2, 2019 admin Comments Off on Bitcoin jumps 20 percent, mystery order seen as catalyst

Bitcoin soared to its highest in almost five months on Tuesday, pulling smaller cryptocurrencies up with it, after a major order by an anonymous buyer set off a frenzy of computer-driven trading, analysts said.

…read more […]

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Business News

Founder of Britain’s Superdry wins investor backing for board return

April 2, 2019 admin Comments Off on Founder of Britain’s Superdry wins investor backing for board return

The co-founder and former boss of Superdry, Julian Dunkerton, is to return to the board of the British fashion group after narrowly winning the support of shareholders – a development which could prompt the chief executive to quit.

…read more […]

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Business News

Massachusetts: Wynn Resorts executives concealed sex claims involving Steve Wynn

April 2, 2019 admin Comments Off on Massachusetts: Wynn Resorts executives concealed sex claims involving Steve Wynn

Massachusetts gaming regulators on Tuesday released an investigative report concluding that executives of Wynn Resorts Ltd concealed sexual misconduct allegations against the casino operator’s billionaire founder, Steve Wynn.

…read more […]

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Business News

Toyota, Fiat Chrysler U.S. auto sales fall in March

April 2, 2019 admin Comments Off on Toyota, Fiat Chrysler U.S. auto sales fall in March

Toyota Motor Corp reported a 3.5 percent fall in U.S. sales in March, hurt by declining demand for its Corolla sedans and Camry vehicles.

…read more […]

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Business News

Exclusive: China’s huge Airbus order padded by old or incomplete deals – sources

April 2, 2019 admin Comments Off on Exclusive: China’s huge Airbus order padded by old or incomplete deals – sources

A landmark order from China for 300 Airbus jets signed during a state visit last week was bolstered by repeat announcements of dozens of existing deals and advance approval for deals that have yet to be struck, two people familiar with the matter said.

…read more […]

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Business News

Fiat Chrysler U.S. sales down 7.3 percent in March

April 2, 2019 admin Comments Off on Fiat Chrysler U.S. sales down 7.3 percent in March

Fiat Chrysler Automobiles NV on Tuesday reported a 7.3 percent fall in U.S. sales in March, hit by lower sales of its Fiat cars and Chrysler vehicles.

…read more […]

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Business News

Exclusive: Airbus China order padded by old or incomplete deals – sources

April 2, 2019 admin Comments Off on Exclusive: Airbus China order padded by old or incomplete deals – sources

A landmark order from China for 300 Airbus jets signed during a state visit last week was bolstered by repeat announcements of dozens of existing deals and advance approval for deals that are not yet completed, two people familiar with the matter said.

…read more […]

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Business News

Top House Democrat cites labor, enforcement concerns on new NAFTA

April 2, 2019 admin Comments Off on Top House Democrat cites labor, enforcement concerns on new NAFTA

U.S. House Speaker Nancy Pelosi said on Tuesday lawmakers could not take up the replacement for the North American Free Trade Agreement unless Mexico passes legislation protecting workers’ rights.

…read more […]

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Business News

World shares hit six-month high, oil chases $70 a barrel

April 2, 2019 admin Comments Off on World shares hit six-month high, oil chases $70 a barrel

Global markets’ fast start to the year continued on Tuesday as world shares inched to a six-month high, Brent oil neared $70 a barrel for the first time since November and the dollar showed renewed signs of strength.

…read more […]

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Business News

U.S. core capital goods orders dip in February, shipments flat

April 2, 2019 admin Comments Off on U.S. core capital goods orders dip in February, shipments flat

New orders for key U.S.-made capital goods slipped in February and shipments were unchanged, but data for January was revised slightly higher, which could support views that the manufacturing sector was stabilizing.

…read more […]

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Business News

Brexit leaves Ford at crossroads on long-term British plans

April 2, 2019 admin Comments Off on Brexit leaves Ford at crossroads on long-term British plans

Ford is spending tens of millions of euros preparing for a possible British exit from the European Union without a trade deal and has yet to decide on its longer-term plans for Britain, Ford Europe chairman Steven Armstrong said on Tuesday.

…read more […]

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Business News

Ford would take ‘long, hard look’ at UK operations after any no-deal Brexit

April 2, 2019 admin Comments Off on Ford would take ‘long, hard look’ at UK operations after any no-deal Brexit

Ford would have to take a “long, hard look” at its British operations, which include two engine factories, if Britain leaves the European Union without a deal, the U.S. carmaker said on Tuesday.

…read more […]

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Business News

Shell sees rise in Nigeria oil spills in 2018

April 2, 2019 admin Comments Off on Shell sees rise in Nigeria oil spills in 2018

Royal Dutch Shell last year experienced a sharp rise in the number of oil spills caused by pipeline theft in Nigeria, which the company said were the result of larger output and higher oil prices.

…read more […]

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Business News

U.S. core capital goods orders slip in February, shipments unchanged

April 2, 2019 admin Comments Off on U.S. core capital goods orders slip in February, shipments unchanged

New orders for key U.S.-made capital goods unexpectedly fell in February and shipments were unchanged, but data for January was revised slightly higher.

…read more […]

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