Trading Ideas
Year: 2020
Trading Ideas
Russia’s Gazprom Moves Forward With New Mega Pipeline
With the Power of Siberia pipeline, Russia looks to fortify its position in China, boosting its exports to an eyed 50 BCm per year …read more […]
Business News
White House adviser will not rule out more money for states, small businesses
White House economic adviser Larry Kudlow said on Sunday he would not rule out anything in a new relief bill to ease the “tremendous hardships” of the coronavirus outbreak, including more money for state and local governments and small businesses.
Business News
Iceland could mull taking stake in Icelandair if state injects funds: PM
Iceland may consider taking a stake in Icelandair Group if the government injects funds into the airline, Bloomberg reported, citing comments by Prime Minister Katrin Jakobsdottir to a local radio station.
Trading Ideas
April jobs report, earnings: What to know in the week ahead
It is gearing up to be another busy week for market participants with a slew of earnings announcements on the calendar and the highly-anticipated April’s jobs report. …read more […]
Business News
GM and SAIC’s China sales rebound in April as market recovers
General Motors’ sales in China saw double-digit year-on-year growth in April, its two local ventures said on Sunday, as the world’s biggest auto market recovers from the coronavirus.
Trading Ideas
GM and SAIC's China sales rebound in April as market recovers
General Motors’ sales in China saw double-digit year-on-year growth in April, its two local ventures said on Sunday, as the world’s biggest auto market recovers from the coronavirus. GM’s joint venture with SAIC Motor Corp , which manufactures Buick, Chevrolet and Cadillac vehicles, said its sales in China grew 13.6% compared to a year earlier. Meanwhile, SGMW, a separate GM venture with SAIC and Guangxi Automobile Group which produces no-frills minivans and has started to make higher-end cars, said its sales jumped 13.5% to over 127,000 units last month. …read more […]
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Iraqi Kurdistan On The Brink Of Collapse As Oil Prices Crash
Low oil prices and major discrepancies with the federal governments in Baghdad have created a very difficult and potentially explosive situation in Iraqi Kurdistan …read more […]
Business News
Lufthansa board hopeful of securing government bailout soon
Lufthansa is hopeful that its bailout talks with the German government can be concluded soon, the airline’s board told staff in a letter seen by Reuters, adding that it is also considering alternatives such as creditor protection.
Trading Ideas
How Does Intercept Pharmaceuticals, Inc. (NASDAQ:ICPT) Affect Your Portfolio Volatility?
If you’re interested in Intercept Pharmaceuticals, Inc. (NASDAQ:ICPT), then you might want to consider its beta (a… …read more […]
Trading Ideas
Roche Gets Emergency FDA Approval For Covid-19 Antibody Test, Starts Shipping
Switzerland’s Roche Holding AG (RHHBY) announced on Sunday that its antibody test, which seeks to determine if an individual has been infected with the coronavirus, has received emergency approval by the U.S. Food and Drug Administration (FDA). “We are now able to deliver a high-quality antibody test in high quantities, so we can support healthcare systems around the world with an important tool to better manage the COVID-19 health crisis,” said Severin Schwan, CEO of the Roche Group. ”I am in particular pleased about the high specificity and sensitivity of our test, which is crucial to support health …read more […]
Business News
Pipe-laying vessel reaches Baltic as Russia’s Nord Stream 2 target looms
A special pipe-laying vessel that could be used by Russia to complete construction of the Nord Stream 2 gas pipeline to Germany has arrived in the Baltic Sea, a Reuters witness said on Sunday.
Trading Ideas
Americans without bank accounts must wait for federal checks
As the coronavirus crisis took hold, Akeil Smith’s employer slashed her work as a home health aide to 25 hours per week. While millions of U.S. workers have already received a quick relief payment from the federal treasury through direct deposit, Smith is among millions of others without traditional bank accounts who must wait weeks for paper checks. “I live check to check, and right now I need more groceries,” Smith, 35, told The Associated Press as she stood inside Payomatic, a small check-cashing store in a predominantly black Brooklyn neighborhood. …read more […]
Trading Ideas
Business News
Dutch McDonald’s trials social-distancing restaurant
Big Macs delivered on meal trolleys, hand sanitizers at the entrance and designated waiting spots to separate customers could become a feature of McDonald’s restaurants in the Netherlands when they are allowed to reopen.