Year: 2020

Boeing did not immediately respond to a Reuters request for comment. The planemaker has said it will halt production of the 737 MAX this month following the grounding in March of its best-selling plane after two fatal crashes in five months killed 346 people. The WSJ report comes a day after Boeing and the Federal Aviation Administration confirmed they were reviewing a wiring issue that could potentially cause a short circuit on the grounded 737 MAX. …read more […]

Five major topics from this year’s gathering of thousands of economists from all over the world, including diversity problems and the future of central banking policy. …read more […]

(Bloomberg) — U.S. President Donald Trump and his top aides spent the weekend arguing that the killing of Iranian General Qassem Soleimani would deter future attacks and make the Middle East safer.Instead, U.S. policy in the region seems to be going in the opposite direction of what Trump has long promised — with more U.S. troops going in, not fewer; an Iran defiant, not cowed and broken by sanctions; and regional allies giving only lukewarm support to Trump’s airstrike instead of rallying around it.Economic costs of the strike are also mounting: oil surged above $70 a barrel on Monday and …read more […]

Top news and what to watch in the markets on Monday, January 6, 2020. …read more […]

Is Nordea Bank Abp (STO:NDA SE) a good dividend stock? How can we tell? Dividend paying companies with growing… …read more […]

(Bloomberg) — Strikes against French President Emmanuel Macron’s pension reform plan entered their second month, the longest such action for state-owned railway company SNCF.Transport remained gummed up as unions prepared for two more days of street protests while the government said a compromise was near.Prime Minister Edouard Philippe will start another round of discussions with union representatives on Tuesday, which will mark the SNCF’s 34th consecutive day of strikes.“I expect Edouard Philippe’s government to find a route to a quick compromise that respects the principles I have repeated,” Macron said during his New Year speech last week. “The pension reform …read more […]

Anyone researching Ambarella, Inc. (NASDAQ:AMBA) might want to consider the historical volatility of the share price… …read more […]

(Bloomberg) — Elon Musk plans to attend a ceremony to mark the first deliveries of made-in-China Tesla Inc. vehicles to customers on Tuesday, according to people familiar with the matter.Tesla, which is already churning out more than 1,000 Model 3 sedans a week at its plant on the outskirts of Shanghai, handed over a batch of cars to a select group of employees on Dec. 30, but Tuesday marks the first deliveries to the general public. The ceremony is due to start at 3 p.m. local time at Tesla’s first factory outside the U.S., a milestone in Musk’s plans for …read more […]

We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is… …read more […]

Jan.06 — Valentin Marinov, head of G10 FX research and strategy at Credit Agricole, discusses his outlook for the pound and the Australian dollar. He speaks on “Bloomberg Markets: European Open.” …read more […]

“The range of potential scenarios is very large; spanning oil supply shocks or even oil demand destruction — which would be negative to oil prices,” the Wall Street bank said in a note, adding under most outcomes gold is likely to rally beyond the current levels. Over the weekend, U.S. President Donald Trump threatened sanctions against Iraq after Baghdad demanded that American and foreign troops leave, amid a growing backlash over the U.S. killing of a top Iranian military commander. Concerns about a further escalation in the Middle East tension sent gold prices to their highest in almost …read more […]

Norwegian oil producer Equinor aims to cut greenhouse gas emissions generated at offshore fields and onshore plants in Norway by about 40% in the coming decade and to near zero by 2050, it said on Monday. The cuts could allow Norway, western Europe’s top oil and gas exporter, to continue to pump millions of barrels of oil even as the country seeks to fulfil obligations under the 2015 Paris climate agreement to slash domestic emissions. The initial cuts will primarily come through replacing electricity from gas turbines with renewable energy at major installations, including offshore wind turbines …read more […]

When Matas A/S (CPSE:MATAS) announced its most recent earnings (30 September 2019), I did two things: looked at its… …read more […]