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Home2019

Year: 2019

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Business News

Exclusive: Trafigura refuses to hand over emails in Brazil bribery case

January 11, 2019 admin Comments Off on Exclusive: Trafigura refuses to hand over emails in Brazil bribery case

Commodities trader Trafigura [TRAFGF.UL] has refused a judge’s order to hand over the email archives of two former executives in Brazil who are facing corruption charges over accusations they bribed officials at state-run oil firm Petroleo Brasileiro.

…read more […]

CEO Interview

NightFood Holdings, Inc. (OTC: NGTF): Ice cream brand carving out niche in $100 billion market

January 11, 2019 admin Comments Off on NightFood Holdings, Inc. (OTC: NGTF): Ice cream brand carving out niche in $100 billion market

                NightFood Holdings, Inc. (OTC: NGTF) Interview with Sean Folkson, CEO. Sean explains how the company is planning to carve out a niche, within the $100 billion snack market, […]

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Business News

U.S. government shutdown may depress January job growth

January 11, 2019 admin Comments Off on U.S. government shutdown may depress January job growth

A partial shutdown of the U.S. government could slash job growth by as much as 500,000 in January and lift the unemployment rate above 4.0 percent unless the impasse in Washington is resolved before next Friday, economists warned.

…read more […]

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Business News

Wall Street’s five-day rally stumbles ahead of earnings

January 11, 2019 admin Comments Off on Wall Street’s five-day rally stumbles ahead of earnings

Falling energy shares late on Friday jeopardized continuation of Wall Street’s five-session rally as investors looked ahead to earnings season, which will kick off with Citigroup, JPMorgan and other big banks next week.

…read more […]

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Business News

Apple considered Samsung, MediaTek to supply 5G modems for 2019 iPhones

January 11, 2019 admin Comments Off on Apple considered Samsung, MediaTek to supply 5G modems for 2019 iPhones

Apple Inc considered tapping Samsung Electronics Co Ltd and MediaTek Inc along with existing vendor Intel Corp to supply 5G modem chips for 2019 iPhones, according to an Apple executive’s testimony at the trial between Qualcomm Inc and the U.S. Federal Trade Commission on Friday.

…read more […]

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Business News

Battered U.S. bank stocks may get a boost this year

January 11, 2019 admin Comments Off on Battered U.S. bank stocks may get a boost this year

After a miserable 2018, big U.S. bank stocks could be in for a lift if upcoming earnings releases show strong fourth-quarter loan growth helps to offset weak trading revenue.

…read more […]

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Business News

Square’s payments chief joins Visa as head of seller solutions

January 11, 2019 admin Comments Off on Square’s payments chief joins Visa as head of seller solutions

Visa Inc on Friday said https://usa.visa.com/visa-everywhere/blog.entry.html/2019/01/11/mary_kay_bowman_join-lrU0.html Mary Kay Bowman will join as head of the business that is tasked to attract more customers to use the world’s largest payments network.

…read more […]

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Business News

Wall Street’s five-day rally falters ahead of earnings

January 11, 2019 admin Comments Off on Wall Street’s five-day rally falters ahead of earnings

U.S. stocks edged about 0.4 percent lower on Friday as investors booked profits after a five-day rally and reset positions ahead of the earning season, which will begin with big Wall Street banks next week.

…read more […]

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Business News

Square’s head of product joins Visa to head seller solutions

January 11, 2019 admin Comments Off on Square’s head of product joins Visa to head seller solutions

Visa Inc on Friday said https://usa.visa.com/visa-everywhere/blog.entry.html/2019/01/11/mary_kay_bowman_join-lrU0.html Mary Kay Bowman will join as head of the business that is tasked to attract more customers to use the world’s largest payments network.

…read more […]

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Business News

Autostrade to pay 439 million euros for Genoa bridge recostruction: sources

January 11, 2019 admin Comments Off on Autostrade to pay 439 million euros for Genoa bridge recostruction: sources

Autostrade per l’Italia (ASPI) has agreed to pay for the reconstruction of the collapsed Genoa bridge, Italy’s Transport Minister Danilo Toninelli said on Twitter.

…read more […]

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Business News

GM bucks gloomy earnings forecast trend, shares jump

January 11, 2019 admin Comments Off on GM bucks gloomy earnings forecast trend, shares jump

General Motors Co executives on Friday bucked gloomy forecasts for growth and sent the automaker’s shares soaring, promising investors stronger 2019 earnings and outlining ambitious plans for its Cadillac brand to challenge Tesla Inc in the growing electric vehicle market.

…read more […]

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Business News

Cheaper gasoline weighs on U.S. consumer prices in December

January 11, 2019 admin Comments Off on Cheaper gasoline weighs on U.S. consumer prices in December

U.S. consumer prices fell for the first time in nine months in December amid a plunge in gasoline prices, but underlying inflation pressures remained firm as rental housing and healthcare costs rose steadily.

…read more […]

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Business News

Stocks ease after five-day rally; dollar rebounds

January 11, 2019 admin Comments Off on Stocks ease after five-day rally; dollar rebounds

An index of world stock markets eased on Friday after a five-day winning streak, as a rally fueled by hopes that Sino-U.S. trade tensions will ease and that the U.S. central bank will be patient on monetary policy took a breather.

…read more […]

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Business News

GM says pickup trucks to lift 2019 earnings, shares jump 8 percent

January 11, 2019 admin Comments Off on GM says pickup trucks to lift 2019 earnings, shares jump 8 percent

General Motors Co said on Friday its revamped pickup truck lineup will boost its 2019 earnings and Cadillac will become its lead electric vehicle brand, sending the No. 1 U.S. automaker’s shares up more than 8 percent.

…read more […]

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Business News

Ford plans to cut 1,150 jobs in Britain, Unite union says

January 11, 2019 admin Comments Off on Ford plans to cut 1,150 jobs in Britain, Unite union says

U.S. carmaker Ford plans to cut 1,150 jobs in Britain, the Unite union said on Friday, with nearly 1,000 job losses at its Bridgend engine plant in Wales.

…read more […]

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