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Home2020

Year: 2020

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Business News

Fugitive ex-Nissan boss Ghosn says treated ruthlessly by Japan

January 8, 2020 admin Comments Off on Fugitive ex-Nissan boss Ghosn says treated ruthlessly by Japan

Former Nissan chief Carlos Ghosn said on Wednesday he had been treated brutally and ruthlessly by Japanese prosecutors, who threatened to take action against his family if he didn’t confess to their accusations.

…read more […]

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Business News

Former Nissan chief Ghosn says he was brutally taken from his family

January 8, 2020 admin Comments Off on Former Nissan chief Ghosn says he was brutally taken from his family

Former Nissan head Carlos Ghosn on Wednesday said he was brutally taken from his family and friends by Japanese prosecutors.

…read more […]

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Business News

Macy’s eases holiday season sales worries, shares rise 6%

January 8, 2020 admin Comments Off on Macy’s eases holiday season sales worries, shares rise 6%

Macy’s Inc reported just a 0.6% drop in holiday period same-store sales on Wednesday, quelling fears of a more dramatic fall in the department store operator’s numbers for the crucial annual shopping season after an earlier profit warning.

…read more […]

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Business News

Highlights: Fugitive former Nissan boss Ghosn holds news conference

January 8, 2020 admin Comments Off on Highlights: Fugitive former Nissan boss Ghosn holds news conference

Fugitive former Nissan chief Carlos Ghosn spoke to the media in Beirut on Wednesday after fleeing to Beirut last month from Tokyo, where he had been awaiting trial on charges of financial misconduct.

…read more […]

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Business News

Oil prices fall as alarm over Iran rocket strike fades

January 8, 2020 admin Comments Off on Oil prices fall as alarm over Iran rocket strike fades

Oil futures fell on Wednesday from peaks hit in frenzied early trading after a rocket attack by Iran on American forces in Iraq raised the spectre of a spiralling Middle East conflict and disruption to crude flows.

…read more […]

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Trading Ideas

Is It Too Late To Consider Buying eBay Inc. (NASDAQ:EBAY)?

January 8, 2020 admin Comments Off on Is It Too Late To Consider Buying eBay Inc. (NASDAQ:EBAY)?

Today we’re going to take a look at the well-established eBay Inc. (NASDAQ:EBAY). The company’s stock saw significant… …read more […]

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Business News

Macy’s allays holiday season sales worries, shares rise 5%

January 8, 2020 admin Comments Off on Macy’s allays holiday season sales worries, shares rise 5%

Macy’s Inc reported just a 0.6% drop in holiday period same-store sales on Thursday, quelling fears of a more dramatic fall in the department store operator’s numbers for the crucial annual shopping season after an earlier profit warning.

…read more […]

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Trading Ideas

Stock Market Live Updates: Traders recalibrate after Iran missile strike

January 8, 2020 admin Comments Off on Stock Market Live Updates: Traders recalibrate after Iran missile strike

Headlines moving the stock market in real time. …read more […]

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Business News

Timeline: From arrest to flight – key dates in the Ghosn affair

January 8, 2020 admin Comments Off on Timeline: From arrest to flight – key dates in the Ghosn affair

Ousted Nissan boss Carlos Ghosn decided to flee Japan after learning his trial had been delayed until April 2021 and also because he had not been allowed to speak to his wife, sources close to Ghosn told Reuters.

…read more […]

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Business News

Walgreens profit misses estimates on pharmacy weakness

January 8, 2020 admin Comments Off on Walgreens profit misses estimates on pharmacy weakness

Drugstore chain Walgreens Boots Alliance Inc posted a quarterly profit that missed expectations on Wednesday, hurt by lower payments from insurers on drugs sold, sending shares down nearly 4% before the bell.

…read more […]

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Business News

Factbox: Financial wrongdoing allegations against Carlos Ghosn

January 8, 2020 admin Comments Off on Factbox: Financial wrongdoing allegations against Carlos Ghosn

Carlos Ghosn, the ousted boss of the Renault-Nissan carmaking alliance who fled house arrest in Japan last week, denies the allegations of financial misconduct made against him.

…read more […]

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Business News

Factbox: Carlos Ghosn joins list of execs fighting extradition

January 8, 2020 admin Comments Off on Factbox: Carlos Ghosn joins list of execs fighting extradition

Ousted Nissan boss Carlos Ghosn says he fled to Lebanon last week to escape a “rigged” justice system in Japan, where he believed he would not get a fair trial.

…read more […]

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Business News

Airlines re-route or cancel flights around Iraq, Iran after missile strike on U.S. troops

January 8, 2020 admin Comments Off on Airlines re-route or cancel flights around Iraq, Iran after missile strike on U.S. troops

Major airlines canceled Iran and Iraq flights on Wednesday and re-routed others away from both countries’ airspace, following an Iranian missile strike on United States-led forces in Iraq.

…read more […]

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Business News

Investors pause equity selling as fears of immediate Iran-U.S. escalation fade

January 8, 2020 admin Comments Off on Investors pause equity selling as fears of immediate Iran-U.S. escalation fade

Global equities fell on Wednesday and Wall Street was set for a weaker open after Iran’s attack on U.S.-led forces in Iraq, but earlier sharp market moves faded as fears abated that the raid would lead to an immediate military escalation.

…read more […]

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Business News

Apple’s news service reaches 100 million users, App Store sales expand

January 8, 2020 admin Comments Off on Apple’s news service reaches 100 million users, App Store sales expand

Apple Inc on Wednesday said its Apple News service has reached 100 million monthly active users versus 85 million a year prior, demonstrating growth in a key services business that is being closely watched by investors as iPhone sales decline.

…read more […]

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