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.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like… …read more […]
HSBC will suspend overnight services at 19 ATM clusters in Hong Kong on weekends and public holidays, the bank said on Friday, two days after its branches and ATMs were targeted during anti-government protests.
Turkish private aircraft operator MNG Jet said on Friday that its planes were used illegally in the escape from Japan of ex-Nissan boss Carlos Ghosn, adding it had filed a criminal complaint.
(Bloomberg Opinion) — It’s always easier to put up a barrier on an empty road than a busy highway.That’s worth remembering in light of recent reports that China has temporarily suspended cross-border listings between the Shanghai and London stock exchanges. The halt is a response to the U.K.’s stance on pro-democracy protests in Hong Kong, Bloomberg News reported, citing a person familiar with the matter, and any resumption would depend on how diplomatic relations proceed. On Friday, China denied the reports that the link had been halted. The China Securities Regulatory Commission, the country’s securities watchdog, said operations at the …read more […]
Dividend paying stocks like Finnair Oyj (HEL:FIA1S) tend to be popular with investors, and for good reason – some… …read more […]
Brent crude futures jumped nearly $3 on Friday after a U.S. air strike in Baghdad killed top Iranian and Iraqi military commanders, sparking concerns of disruption to Middle East oil supplies.
China has decided to keep its inflation target unchanged this year at around 3%, sources say, suggesting policymakers will continue to roll out more economic support measures while avoiding aggressive stimulus.
In this article we are going to estimate the intrinsic value of China Dongxiang (Group) Co., Ltd. (HKG:3818) by… …read more […]
Ryanair is prepared for further delays to the delivery of its Boeing 737 MAX airliners, its chief executive Michael O’Leary told German magazine Wirtschaftswoche, adding that he would only discuss compensation after the aircraft had been delivered.
(Bloomberg) — The dollar had an awful December and things may only get worse.That’s the view of a growing number of fund managers and strategists including those at M&G Investments Ltd., Brandywine Global Investment Management and ABN Amro Bank NV. A truce in the U.S.-China trade war, improving global growth and a shrinking yield premium on U.S. Treasuries will undermine the currency, they said.“We expect to see better growth in the rest of the world ex-USA,” said Jack McIntyre, a portfolio manager at Brandywine Global Investment Management in Philadelphia. “The primary driver of dollar weakness will be a shift in …read more […]
Ryanair is prepared for further delays to the delivery of its Boeing 737 MAX airliners, its chief executive Michael O’Leary told German magazine Wirtschaftswoche, adding that he would only discuss compensation after the aircraft had been delivered. The 737 MAX airliner has been grounded since March following two crashes which claimed 346 lives. One of the world’s largest airlines, Ryanair has ordered 135 of the jets. …read more […]
Asian shares slipped on Friday, erasing early gains, while gold shone and oil prices spiked after U.S. air strikes in Iraq killed a top Iranian commander, heightening geopolitical tensions.
(Bloomberg) — Peninsula Land Ltd., an Indian property developer, blamed overdue rent from Prime Minister Narendra Modi’s government for missing a 23.5 million rupees ($330,000) debt payment.It couldn’t pay State Bank of India on time because India’s tax departments, which had leased office space from Peninsula, were delaying rent payments, the company said in a filing on Thursday. The loan used rent receipts as collateral, a facility where the rent often goes straight to the bank rather than to the property owner, it said.Peninsula used its own resources to pay the loan and “regularized” the account, the company said, in …read more […]
(Bloomberg) — NWP Retail, a shopping mall developer backed by Warburg Pincus LLC, will spend $123.5 million buying five Lippo shopping malls in Indonesia.Two shopping malls will be acquired from the Indonesian units of Singapore-listed Lippo Malls Indonesia Retail Trust for $92 million while another three will be bought for $31.5 million from entities owned by PT Multipolar.The acquisitions represent “a milestone in NWP Retail’s rapid expansion,” CEO Timothy Daly said in an emailed statement Tuesday. “It will strengthen the company’s presence across key markets in tier 1 and tier 2 cities in Indonesia.”NWP Retail, a joint venture between Warburg …read more […]
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