Chinese smartphone maker Xiaomi Corp plans to launch more than 10 5G phones in 2020, CEO Lei Jun said on Sunday, adding that the mobile phone industry was worried 4G models would not sell next year. Lei made the remarks at the World Internet Conference in the eastern Chinese town of Wuzhen, according to a transcript provided by the company.
Nothing will come of a case against Turkey’s state-owned lender Halkbank “if the law in the United States works”, Turkish Foreign Minister Mevlut Cavusoglu said on Sunday, adding that the case was politically motivated.
BMW is keen to find additional partners for the mobility services venture it runs with rival carmaker Daimler , BMW’s new chief executive told a Sunday newspaper.
In this article we are going to estimate the intrinsic value of Getinge AB (STO:GETI B) by taking the expected future… …read more […]
Today, we’ll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical… …read more […]
The Aussie surged on Thursday and Friday to its highest level since September 18 after RBA Governor Philip Lowe’s latest view that a return to near 3 percent economic growth is “quite probable” by next year and that further interest rate cuts should not be assumed. …read more […]
(Bloomberg Opinion) — Saudi Arabia should give up trying to manage the global crude market and return to the pump-at-will policy it briefly adopted in 2014 under its longest serving oil minister Ali Al-Naimi.In the mercantilist world in which we now live, where decisions are based on narrow national interest, it makes no sense for the world’s lowest-cost oil producer to subsidize shale and prop up other high-cost suppliers.Of course when it does, oil prices will crash just as they did in 1986 when the country finally abandoned fixed official selling prices. And then, in the aftermath, global investors will …read more […]
It’s another big week for the global financial markets, Corporate earnings, Brexit, trade and economic data in Focus. It’s also Draghi’s last media show… …read more […]
It’s back into the red for the majors. There could be heavy losses ahead should the trio fail to recovery through to key levels by late morning. …read more […]
Australia’s flag carrier Qantas completed on Sunday a nonstop test flight from New York to Sydney, researching how the world’s longest potential commercial airplane journey of nearly 20 hours would impact pilots, crew and passengers.
Australia’s flag carrier Qantas completed on Sunday a nonstop test flight from New York to Sydney, researching how the world’s longest potential commercial airplane journey of nearly 20 hours would impact pilots, crew and passengers. Carrying 50 passengers and crew on board, Qantas Flight 7879 on a new Boeing 787-9 Dreamliner touched down in Sydney on Sunday morning after a 16,200-kilometre (10,066-mile) journey which lasted 19 hours 16 minutes. “This is a really historic moment for Qantas, a really historic moment for Australian aviation and a really historic moment for world aviation,” Qantas Chief Executive Officer Alan …read more […]
(Bloomberg) — Boeing Co.’s board of directors and top executives from its airplane division and supply chain are scheduled to meet Sunday to discuss 737 Max jets, Reuters reported, citing people it didn’t identify.The meetings prompted speculation within the company that a significant number of jobs may be cut. They come amid the ongoing investigations into the aircraft after two fatal crashes and an increased financial burden following a safety ban of the jet, the report said.Boeing may have to decrease its monthly production if regulators decide to further delay the resumption of the Max’s services, even after the planemaker …read more […]
China’s top central banker said on Saturday that potential escalation of trade tensions and policy uncertainty were the major risk factors facing the world economy, and market forces were keeping China’s yuan at an appropriate level.
Boeing Co’s board of directors and top executives from its airplanes division and supply chain were due to meet on Sunday in San Antonio, Texas, two days after the U.S. planemaker was plunged into a fresh crisis over its banned 737 MAX jet.
Several industry sources said there was speculation inside the company of significant job cuts as Boeing, unable to deliver 737 MAX planes to customers, continues to drain cash. The schedule for the board’s face-to-face meetings was set for Sunday and Monday in San Antonio, one of the people said, two days before Boeing reports earnings on Oct. 23. The week after, Boeing Chief Executive Officer Dennis Muilenburg – who was stripped of his job as board chairman eight days ago – is due to testify before U.S. Congress about the plane’s development. …read more […]
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