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Home2019

Year: 2019

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Business News

Canada union calls for boycott of GM Mexico-made vehicles

January 25, 2019 admin Comments Off on Canada union calls for boycott of GM Mexico-made vehicles

The union representing autoworkers at General Motors’ Oshawa, Ontario plant called on Canadian and U.S. consumers on Friday to stop buying GM cars made in Mexico, the latest tactic in its campaign to get the automaker back to the bargaining table.

…read more […]

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Business News

Wall Street surges on upbeat earnings, hopes of end to government shutdown

January 25, 2019 admin Comments Off on Wall Street surges on upbeat earnings, hopes of end to government shutdown

U.S. stocks surged on Friday, as upbeat earnings reports helped investors put aside growth worries, with hopes of a resolution to the lengthy U.S. government shutdown fueling optimism.

…read more […]

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Business News

Homebuilder Horton hopes for better spring as higher prices bite

January 25, 2019 admin Comments Off on Homebuilder Horton hopes for better spring as higher prices bite

D.R. Horton Inc held out hope on Friday of improved demand for its homes in the spring selling season after a tough few months where higher prices and mortgage rates kept some buyers out of the market.

…read more […]

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Business News

Exclusive: Naspers in talks to up stake in Russian classifieds website Avito

January 25, 2019 admin Comments Off on Exclusive: Naspers in talks to up stake in Russian classifieds website Avito

South African media and e-commerce Naspers said it was in talks to increase its stake in Avito, confirming a Reuters report that the group was close to taking control of Russia’s largest classified advertising platform.

…read more […]

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Business News

China and U.S. among 76 WTO members pushing for new e-commerce rules

January 25, 2019 admin Comments Off on China and U.S. among 76 WTO members pushing for new e-commerce rules

Impatient with a lack of World Trade Organization rules on the explosive growth of e-commerce, 76 members – including the United States, China, the European Union and Japan – agreed on Friday to start negotiating a new framework.

…read more […]

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Business News

Oil up on Venezuela turmoil despite surging U.S. supply

January 25, 2019 admin Comments Off on Oil up on Venezuela turmoil despite surging U.S. supply

Oil prices rose on Friday as political turmoil in Venezuela threatened to reduce supply but fresh data on surging U.S. fuel stocks and global economic woes weighed on sentiment.

…read more […]

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Business News

Canada auto union head calls on GM to extend Oshawa plant production

January 25, 2019 admin Comments Off on Canada auto union head calls on GM to extend Oshawa plant production

The Canadian union representing autoworkers at General Motors’ Oshawa, Ontario plant on Friday called on the U.S. automaker to extend production at the site to September 2020 and return to the negotiating table.

…read more […]

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Business News

As government shutdown drags on, shares of subprime lenders rally

January 25, 2019 admin Comments Off on As government shutdown drags on, shares of subprime lenders rally

Payday lenders’ stocks have emerged as big winners during the record-long U.S. government shutdown, though the updraft could prove short-lived.

…read more […]

Spotlight Stocks

CytoDyn (OTC: CYDY) Monoclonal antibody HIV treatment w potential FDA approval in 2019

January 25, 2019 admin Comments Off on CytoDyn (OTC: CYDY) Monoclonal antibody HIV treatment w potential FDA approval in 2019

CytoDyn Inc. (OTC: CYDY) CEO Interview with Nader Pourhassan, Ph.D, discussing CytoDyn’s PRO140 monoclonal antibody therapy for HIV and cancer. The company is at a key inflection point, with potential FDA approval for PRO140 for […]

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Business News

Earnings optimism pushes Wall Street higher

January 25, 2019 admin Comments Off on Earnings optimism pushes Wall Street higher

U.S. stocks rose on Friday, with technology and consumer discretionary sectors leading a rally, as upbeat earnings reports helped investors overlook trade and growth worries.

…read more […]

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Business News

Zuckerberg plans to integrate WhatsApp, Instagram and Facebook Messenger: NYT

January 25, 2019 admin Comments Off on Zuckerberg plans to integrate WhatsApp, Instagram and Facebook Messenger: NYT

Facebook Inc Chief Executive Officer Mark Zuckerberg is planning to unify the underlying messaging infrastructure of its WhatsApp, Instagram and Facebook Messenger services and incorporate end-to-end encryption to these apps, the New York Times reported on Friday.

…read more […]

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Business News

Wall Street opens higher on upbeat earnings

January 25, 2019 admin Comments Off on Wall Street opens higher on upbeat earnings

U.S. stocks rallied at the open on Friday, as upbeat corporate earnings helped curb worries about global economic growth, U.S. government shutdown and uncertainty around U.S.-China trade talks.

…read more […]

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Business News

Vodafone holds off deploying Huawei in core network due to security row

January 25, 2019 admin Comments Off on Vodafone holds off deploying Huawei in core network due to security row

Vodafone, the world’s second largest mobile operator, said it was “pausing” the deployment of Huawei equipment in its core networks until Western governments give the Chinese firm full security clearance.

…read more […]

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Business News

Exclusive: Naspers nears full control of Russian classified platform Avito – sources

January 25, 2019 admin Comments Off on Exclusive: Naspers nears full control of Russian classified platform Avito – sources

South African media and e-commerce group Naspers is nearing a deal to take full control of Russia’s largest classified advertising platform Avito by buying the remaining 32 percent it does not already own, two sources told Reuters.

…read more […]

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Business News

Factbox: China rolls out fiscal, monetary stimulus to spur economy

January 25, 2019 admin Comments Off on Factbox: China rolls out fiscal, monetary stimulus to spur economy

China’s economy grew at the weakest pace in nearly three decades last year amid weakening domestic demand and U.S. trade tariffs, prompting Beijing to announce a series of growth-boosting measures to avert the risk of a sharper slowdown.

…read more […]

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