Development of China’s C919 single-aisle plane, already at least five years behind schedule, is going slower than expected, a dozen people familiar with the program told Reuters, as the state-owned Commercial Aircraft Corporation (COMAC) struggles with a range of technical issues that have severely restricted test flights.
Alphabet Inc’s Waymo said on Thursday that arbitrators had finalized a judgment of $128 million, plus undisclosed legal costs and interest, against two former employees who went to rival Uber Technologies Inc.
Oil prices dropped on Friday extending days of losses as the threat of war in the Middle East, a major oil producing region, receded and investors switched their attention to economic growth prospects and demand for crude.
Boeing Co late Thursday released redacted versions of communications tied to the development of simulators used in the development of the 737 MAX it called “completely unacceptable.”
The world’s shares hit a record high on Friday as a relief over de-escalation of U.S.-Iranian tensions quickly prompted investors to bet on faster global growth, especially in the technology sector.
The global trade wars may not be over, but U.S. Federal Reserve officials on Thursday said the economy may have weathered the worst of it as risks begin to ease and businesses adjust to a new trade environment.
Private equity firm Blackstone Group Inc has secured $3.4 billion from investors for its first fund dedicated to investments in the life sciences sector, targeting $4.6 billion in total, a regulatory filing showed on Thursday.
Facebook Inc announced limited changes on Thursday to its approach to political ads, including allowing users to turn off certain ad-targeting tools, but defied critics’ demands that it bar politicians from using its ads system to spread lies.
Shares of Bed, Bath & Beyond plunged on Thursday, after the home goods retailer revealed an 8.3% sales decline in the third-quarter and abandoned its financial targets. Rival retailers Kohl’s and J.C. Penney also suffered in Thursday’s trade, with their individual holiday sales numbers similarly disappointing investors. …read more […]
While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the third quarter and hedging or reducing many of […] …read more […]
Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […] …read more […]
It has been a fantastic year for equity investors as Donald Trump pressured Federal Reserve to reduce interest rates and finalized the first leg of a trade deal with China. If you were a passive index fund investor, you had seen gains of 31% in your equity portfolio in 2019. However, if you were an […] …read more […]
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