Trading Ideas
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Trading Ideas
Why the stock market could continue to swing wildly for months
Stock market volatility should remain high as long as the economic data lacks clarity. …read more […]
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Business News
BMW, Daimler aim to cut emissions 20% this year with new electric models
New electric models will help BMW and Daimler cut emissions from the cars they sell by an average of 20% this year, the German automakers predicted on Tuesday, as they strive to meet tough new European pollution rules.
Trading Ideas
Stock market news live: Stock futures pare gains after G7 coronavirus statement underwhelms investors
Headlines moving the stock market in real time. …read more […]
Business News
Ryanair, IAG bosses see travel demand returning for summer
The bosses of Ryanair and British Airways-owner IAG expect the drop-off in travel demand to stabilize in the coming weeks, before bookings return for the summer, they said at a conference on Tuesday.
Business News
Chevron says it has potential to return up to $80 billion in capital over five years
Chevron Corp said on Tuesday it could return as much as $80 billion to shareholders over five years even if oil prices remained low.
Business News
Airlines face worsening coronavirus impact, European bosses warn
The worst is still to come for the airline industry in terms of economic damage from the coronavirus outbreak, European carrier bosses warned on Tuesday, but they predicted that travel demand could stabilise in the coming weeks.
Business News
Impossible Foods cuts prices of plant-based meat to distributors
Impossible Foods on Tuesday announced an average of 15% cut in vegan product prices to distributors in the United States and asked them to pass it on to restaurants as the plant-based meat maker competes against beef products.
Business News
BoE’s Carney sees ‘powerful and timely’ global response to coronavirus
Bank of England Governor Mark Carney said policymakers around the world are working on a “powerful and timely” response to the economic hit from coronavirus which has raised fears of a new global recession.
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Chevron says it has potential to return up to $80 billion in capital over five years
Chevron and other energy companies have pledged to curb spending after the collapse in oil prices earlier this decade forced many to borrow to cover costs of long-term projects. The oil major said it had the potential to distribute between $75 billion and $80 billion over the next five years and would maintain its capital spending in a range of $19 billion to $22 billion annually through the period. “We remain focused on a returns-driven approach to capital allocation, investing in lower-risk projects,” Chief Financial Officer Pierre Breber said. …read more […]
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This 114-year-old industrial giant just launched one of the world's fastest supercomputers
Honeywell joins the quantum computing race. …read more […]
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Target earnings beat expectations, boosted by online sales
Target reported earnings that beat Wall Street estimates but sales fell short of expectations. …read more […]
Business News
Kuwait oil minister says optimistic on outcome of OPEC meetings
Kuwait’s oil minister said on Tuesday he is optimistic about the outcome of OPEC meetings this week and continued cooperation among OPEC+ countries, Kuwait state news agency KUNA reported.
Business News
Global markets: Here come the cavalry?
A recovery in world stock markets and oil prices picked up pace on Tuesday, as global policymakers signalled a united front to address the economic fallout from the spreading coronavirus.