No Picture
Trading Ideas

Good Riddance to Qassem Soleimani

(Bloomberg Opinion) — Qassem Soleimani was never going to die peacefully in his bed. As leader of the Quds Force of the Iranian Revolutionary Guard Corps, and puppet-master of militias and terrorist groups across the Middle East, he had the blood of hundreds of thousands on his hands: Syrians, Iraqis, Yemenis, Lebanese, Palestinians, Israelis, Americans and fellow-Iranians, among others. His death was hoped for and prayed for by the families of his victims, and plotted by their governments.It is a measure of Soleimani’s brashness that he nonetheless strutted around Baghdad in the company of other wanted mass killers, whose faces, …read more […]

No Picture
Trading Ideas

Oil price jumps on fear of Iranian retaliation against US

The price of oil surged Friday on concerns that Iran might respond to the killing of its top general by the United States by disrupting global supplies of energy from the Middle East. News that Gen. Qassem Soleimani, head of Iran’s elite Quds Force, was killed in an air attack at the Baghdad international airport prompted expectations of Iranian retaliation against U.S. and Israeli targets. Amid past flare-ups with the U.S., Iran threatened the supply of oil that travels from the Persian Gulf to the rest of the world. …read more […]

No Picture
Trading Ideas

Ryanair CEO says group may not get 737 MAX until October – report

Ryanair may only receive its first delivery of the grounded 737 MAX aircraft from Boeing in October, chief executive Michael O’Leary said in an interview with German magazine Wirtschaftswoche. The 737 MAX, Boeing’s fastest-selling aircraft, has not flown since last March following two crashes which claimed 346 lives. O’Leary told Reuters last month that Ryanair may not receive any MAX aircraft in time for its summer season. …read more […]

No Picture
Trading Ideas

After Tesla's record year in Norway, rivals gear up for 2020

The sale of new electric cars in Norway rose by 30.9% last year amid soaring demand for Tesla Inc’s vehicles, but the pioneering U.S. firm faces rising competition from rival auto makers in 2020. Fully electric cars made up 42.4% of sales in the Nordic nation last year, a global record, rising from a 31.2% market share in 2018 and just 5.5% in 2013, the Norwegian Road Federation said on Friday. Seeking to become the first country to end the sale of fossil-fueled cars by 2025, Norway exempts battery-powered vehicles from the taxes imposed on petrol and diesel …read more […]