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Home2019August

Month: August 2019

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Business News

Oil prices fall but set for big weekly gain as trade dispute rhetoric eases

August 30, 2019 admin Comments Off on Oil prices fall but set for big weekly gain as trade dispute rhetoric eases

Oil gave back some of its recent gains on Friday, but was still headed for the biggest weekly increase since early July, boosted by a decline in U.S stocks, a looming hurricane in Florida and an easing of Sino-U.S. trade rhetoric.

…read more […]

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Business News

Malaysia’s AirAsia cuts Airbus A330neo order plans, adds A321XLR

August 30, 2019 admin Comments Off on Malaysia’s AirAsia cuts Airbus A330neo order plans, adds A321XLR

Malaysia’s flagship budget airline AirAsia Group Bhd slashed its plans for Airbus SE A330neo orders by nearly two-thirds to 12, but said it would order 30 of the new long-range A321XLR narrowbodies.

…read more […]

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Toyota won’t build cars at UK factory the day after Brexit

August 30, 2019 admin Comments Off on Toyota won’t build cars at UK factory the day after Brexit

Japan’s Toyota will not build cars at its British factory the day after Britain leaves the European Union as part of plans to handle any disruption from a potentially disorderly Brexit.

…read more […]

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Malaysia’s AirAsia cuts Airbus A330neo order plans but adds A321XLR

August 30, 2019 admin Comments Off on Malaysia’s AirAsia cuts Airbus A330neo order plans but adds A321XLR

Malaysia’s flagship budget airline AirAsia Group Bhd on Friday cut its plans for Airbus SE A330neo orders by nearly two-thirds to 12, as it firmed up an order, but said it would also order 30 of the new long-range A321XLR narrowbodies.

…read more […]

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Month of bond market milestones: How low can you go?

August 30, 2019 admin Comments Off on Month of bond market milestones: How low can you go?

August has turned out to be another month of milestones for bond markets as an escalating trade conflict fans recession fears, pushing borrowing costs deeper and deeper into negative territory.

…read more […]

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China, U.S. trade negotiating teams maintaining ‘effective communication’: China

August 30, 2019 admin Comments Off on China, U.S. trade negotiating teams maintaining ‘effective communication’: China

Chinese and U.S. trade negotiating teams are maintaining effective communication, China’s Foreign Ministry said on Friday at a daily news briefing in Beijing.

…read more […]

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Oil prices fall but set for big weekly gain on trade dispute hopes

August 30, 2019 admin Comments Off on Oil prices fall but set for big weekly gain on trade dispute hopes

Oil gave back some of its recent gains on Friday, but was still headed for the biggest weekly increase since early July, boosted by a decline in U.S stocks, a looming hurricane in Florida and an easing of Sino-U.S. trade rhetoric.

…read more […]

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Asian shares near one-week top on soothing trade tone, overall mood cautious

August 30, 2019 admin Comments Off on Asian shares near one-week top on soothing trade tone, overall mood cautious

Asian shares jumped to a one-week high on Friday as the United States and China showed a willingness to resolve their trade dispute by returning to the negotiating table, though lingering recession fears tempered some of the enthusiasm.

…read more […]

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Nippon Steel to cut capex spending as U.S.-China trade war crimps demand

August 30, 2019 admin Comments Off on Nippon Steel to cut capex spending as U.S.-China trade war crimps demand

Nippon Steel Corp will cut its planned capital expenditures for the three-year period to March 2021 by between 10% and 20% as weaker steel demand amid the U.S.-China trade war has eroded its profits, a company official said on Friday.

…read more […]

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Japan’s curbs on high-tech materials exports to South Korea could backfire

August 30, 2019 admin Comments Off on Japan’s curbs on high-tech materials exports to South Korea could backfire

Japan’s curbs on exports of high-tech materials to South Korea could backfire in the long run, eroding its dominance over a key link in the global chip supply chain, suppliers and experts say.

…read more […]

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Billionaire Fredriksen seeks investors for shipping-to-fish empire: media reports

August 30, 2019 admin Comments Off on Billionaire Fredriksen seeks investors for shipping-to-fish empire: media reports

Industrialist John Fredriksen is seeking investors to take larger stakes in his companies and could relinquish control of operations as part of a plan to reduce his workload, the Norwegian-born 75-year-old told two newspapers on Friday.

…read more […]

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Factbox: Month of bond market milestones – How low can you go?

August 30, 2019 admin Comments Off on Factbox: Month of bond market milestones – How low can you go?

August has turned out to be another month of milestones for bond markets as an escalating trade conflict fans recession fears, pushing borrowing costs deeper and deeper into negative territory.

…read more […]

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Business News

SK Innovation fuels LG Chem feud with EV battery patent lawsuit

August 30, 2019 admin Comments Off on SK Innovation fuels LG Chem feud with EV battery patent lawsuit

A feud between two South Korean battery makers escalated on Friday as SK Innovation Co Ltd said it plans to sue bigger rival LG Chem Ltd in the United States over alleged patent infringement related to electric vehicles (EV).

…read more […]

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With racing and music events, Tesla gets over marketing allergy in China

August 30, 2019 admin Comments Off on With racing and music events, Tesla gets over marketing allergy in China

Tesla Inc has always shown disdain for marketing, with CEO Elon Musk boasting his company does not advertise, instead using the money it would have spent to develop products.

…read more […]

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Tesla hikes prices for Model 3, other cars in China amid weaker yuan

August 30, 2019 admin Comments Off on Tesla hikes prices for Model 3, other cars in China amid weaker yuan

U.S. electric vehicle maker Tesla Inc had raised prices for some vehicles in China as the yuan trades at its weakest levels in more than a decade.

…read more […]

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Next Super Stock: Snow Lake Energy (NASDAQ: LITM) “District Scale” Pine Ridge URANIUM Project

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