Business News
JPMorgan profit gets boost from trading, underwriting
JPMorgan Chase & Co , the largest U.S. bank, posted a 21% rise in quarterly profit on Tuesday, driven by strength in its trading business and higher underwriting fees.
Articles by admin
Business News
Yuan soars, yen falls as U.S. drops China forex manipulator label
The Japanese yen plumbed eight-month lows while China’s yuan climbed to its highest level since July on Tuesday as the U.S. Treasury Department reversed its decision in August to designate China as a currency manipulator.
Business News
Ryanair says could start getting Boeing 737 MAX by April
Ryanair could receive its first deliveries of up to 10 grounded 737 MAX aircraft from Boeing by April, Chief Marketing Officer Kenny Jacobs said on Tuesday, but cautioned the timing was dependent on regulators.
Business News
Ryanair says could see first Boeing 737 MAX deliveries in April
Ryanair could receive its first deliveries of up to 10 grounded 737 MAX aircraft from Boeing by April, Chief Marketing Officer Kenny Jacobs said on Tuesday, but cautioned that the timing was dependent on regulators.
Trading Ideas
At US$75.86, Is It Time To Put Albemarle Corporation (NYSE:ALB) On Your Watch List?
Albemarle Corporation (NYSE:ALB), which is in the chemicals business, and is based in United States, received a lot of… …read more […]
Business News
Lyft forms advisory council to improve platform safety
Lyft Inc is putting together a council of experts to advise the ride-hailing company on its safety initiatives for riders and drivers, it said in a blog post on Tuesday.
Trading Ideas
Why the cannabis industry has stalled for more than a year: Morning Brief
Top news and what to watch in the markets on Tuesday, January 14, 2020. …read more […]
Business News
BlackRock takes tougher stance on climate after activist heat
BlackRock Chief Executive Larry Fink has warned company boards to step up efforts to tackle climate change, marking a significant shift in the public stance of the world’s biggest investment manager amid mounting concerns about global warming.
Trading Ideas
Nokia lowers cost cut target to invest in 5G and digitalization
The Finnish telecoms equipment maker Nokia lowered its cost savings target to 500 million euros ($557 million) from the previous 700 million by the end of 2020 to invest more in 5G technology and digitalization, it said on Tuesday. The company also it said it expected to cut some 180 jobs in Finland this year, excluding its 5G product development in Oulu and elsewhere in the country. In October, Nokia cut its outlook for 2019 and 2020 to step up its investments in 5G – news that knocked a third off the value of its share price. …read more […]
Business News
Ford invests $82 million to expand Vietnamese plant
Ford Motor Co said on Tuesday it is investing $82 million to expand its plant in northern Vietnam to boost production capacity.
Business News
BlackRock warns of backlash against firms delaying climate action
BlackRock Chief Executive Larry Fink has warned company boards to step up efforts to tackle climate change or face increased wrath from investors concerned about how unsustainable business practices might curb their future wealth.
Trading Ideas
Caterpillar Inc. (NYSE:CAT) Passed Our Checks, And It's About To Pay A US$1.03 Dividend
Some investors rely on dividends for growing their wealth, and if you’re one of those dividend sleuths, you might be… …read more […]
Business News
BlackRock threatens backlash against firms who delay climate change action
BlackRock Chief Executive Larry Fink has warned company boards to step up efforts to tackle climate change or face increased wrath from investors concerned about how unsustainable business practices might curb their future wealth.
Business News
Rally hits the buffers ahead of U.S.-China trade deal
Europe’s markets were struck by a bout of weakness on Tuesday, as traders cashed in on recent record highs and waited for a long-awaited U.S.-China trade deal and the first flurries of the Wall Street earnings season.
Trading Ideas
China to ramp up U.S. car, aircraft, energy purchases in trade deal-source
Under the terms of the trade deal to be signed on Wednesday in Washington, China would also buy over $50 billion more in energy supplies, and boost purchases of U.S. services by about $35 billion over the same two-year period, the source told Reuters on Monday. The Phase 1 agreement calls for Chinese purchases of U.S. agricultural goods to increase by some $32 billion over two years, or roughly $16 billion a year, said the source, who was briefed on the deal. …read more […]