Trading Ideas
Year: 2020
Business News
U.S. job growth seen slowing in December after robust gains
U.S. job growth likely slowed in December, but the pace of hiring probably remains more than enough to keep the longest economic expansion in history on track despite a deepening downturn in a manufacturing sector stung by trade disputes.
Business News
Trump says China trade deal may be signed shortly after January 15
U.S. President Donald Trump, who announced last month that the Phase 1 trade deal with China would be signed on Jan. 15, said on Thursday the agreement could be signed “shortly thereafter.”
Business News
‘Designed by clowns’: Boeing releases internal messages that disparage 737 MAX, regulators
Boeing Co on Thursday released hundreds of internal messages that contained harshly critical comments about the development of the 737 MAX, including one that said the plane was “designed by clowns who in turn are supervised by monkeys”.
Business News
World stocks hit record high as techs lead relief rally
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.
Business News
Boeing releases internal messages on 737 MAX, calls them ‘completely unacceptable’
Boeing Co on Thursday released hundreds of internal messages that raise serious questions about its development of simulators and the 737 MAX that was grounded in March after two fatal crashes, prompting outrage from U.S. lawmakers.
Trading Ideas
If You Had Bought Weichai Power (HKG:2338) Stock Three Years Ago, You Could Pocket A 153% Gain Today
The most you can lose on any stock (assuming you don’t use leverage) is 100% of your money. But if you buy shares in a… …read more […]
Business News
China’s bid to challenge Boeing and Airbus falters
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.
Business News
Waymo secures bigger award against workers who went to rival Uber
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.
Business News
Oil prices fall further as threat of Middle East war recedes
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.
Business News
Boeing releases communications on 737 MAX simulators it calls ‘completely unacceptable’
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.”
Business News
World stocks at record high as techs lead relief rally
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.
Trading Ideas
Business News
Trade risks easing may mean bluer sky for 2020: Fed officials
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.
Business News
Blackstone raises three-quarters of targeted $4.6 billion life sciences fund
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.