Trading Ideas
How Democratic candidates plan to protect American jobs from automation
Universal income, accountable capitalism, and federal job guarantees were among proposals to help out-of-work Americans. …read more […]
Month: October 2019
Business News
Swiss says Airbus A220 flights resuming as engines pass inspection
Airline Swiss expects to resume mostly normal service with its fleet of Airbus A220 jets on Thursday after temporarily grounding the jets for safety checks of their engines, it said on Wednesday.
Business News
EU orders Broadcom to suspend some deals with six modem, tv makers
EU antitrust regulators on Wednesday ordered U.S. chipmaker Broadcom to suspend certain business deals with TV and modem makers while they investigate whether these agreements are aimed at thwarting rivals.
Business News
Markets falter as Brexit approaches its endgame
European equities opened lower and sterling came off five-month highs on Wednesday as the European Union and Britain resumed talks in Brussels to avert a disorderly Brexit before an EU summit on Thursday and Friday.
Business News
Oil slips further below $59 on weaker economic outlook
Oil slipped further below $59 a barrel on Wednesday, pressured by concerns about weaker demand for fuel due to slower economic growth and forecasts of a further rise in U.S. crude inventories.
Business News
Lidl to spend $19 billion over five years with British suppliers
German-owned discount supermarket Lidl GB has vowed to spend 15 billion pounds ($19 billion) with British suppliers over the next five years, committing to increase sales of local meat, poultry and fresh produce.
Business News
CEO of Germany’s Ceconomy on way out: sources
The chief executive of struggling German consumer electronics chain Ceconomy is set to be removed after only a few months in the job due to an internal power struggle, sources close to the company said on Wednesday.
Trading Ideas
Edited Transcript of SWN earnings conference call or presentation 7-Aug-19 2:30pm GMT
Q2 2019 Southwestern Energy Co Earnings Call …read more […]
Business News
Undercover entrepreneurs: fearful Mexican tech startups shun spotlight
In Mexico’s burgeoning startup scene, publicity is the last thing many entrepreneurs want.
Business News
Skoda Auto reports 2.7% drop in deliveries in first nine months
Skoda Auto’s global deliveries dropped 2.7% to 913,700 cars in the first nine months compared with the same period last year, the subsidiary of Germany’s Volkswagen said on Wednesday.
Business News
Signify to buy U.S. firm Cooper Lighting for $1.4 billion
Signify , the Dutch-based lighting company, has agreed to buy U.S. firm Cooper Lighting Solutions from Eaton Corp. for $1.4 billion in cash to boost its presence in North America.
Business News
U.S. ‘deeply concerned’ about untrackable China ships carrying Iran oil: officials
The White House is warning Chinese shipping companies against turning off their ships’ transponders to hide Iranian oil shipments in violation of U.S. sanctions, two senior administration officials said.
Trading Ideas
Huawei Defies U.S. Ban With Strong Growth in Smartphone Sales
(Bloomberg) — Huawei Technologies Co.’s revenue jumped 24% in 2019’s first nine months, defying Trump administration sanctions to sustain growth in its pivotal smartphone business.China’s largest technology company reported revenue of 610.8 billion yuan ($86.1 billion) in the January to September period. Global smartphone shipments jumped 26% in the first three quarters to over 185 million units, helping safeguard its position as the world’s second largest name in mobile devices.China’s largest technology company managed to grow revenue despite curbs on the export of crucial American software and components, which executives had warned for months would severely crimp both its networking …read more […]
Business News
Latitude CEO disappointed KKR pulled IPO due to low price
Private equity giant KKR & Co and its partners canceled what was to be Australia’s biggest listing of the year, lender Latitude Financial, because investors would not pay a price that reflected its value, the Latitude CEO said on Wednesday.
Business News
Shares of Turkey’s Halkbank plunge after U.S. charges
Shares of Turkey’s Halkbank plunged as much 7% on Wednesday, despite a ban on short selling, after U.S. prosecutors charged the state-owned lender with taking part in a multibillion-dollar scheme to evade U.S. sanctions on Iran.