Articles by admin

No Picture
Business News

Trump says ‘cordial’ talk with Fed’s Powell covered negative interest rates, trade

November 18, 2019 admin Comments Off on Trump says ‘cordial’ talk with Fed’s Powell covered negative interest rates, trade

U.S. President Donald Trump said he met with U.S. Federal Reserve Chairman Jerome Powell on Monday and discussed a wide range of topics including negative interest rates, monetary policy easing, dollar strength and U.S. trade with China and the European Union.

…read more […]

No Picture
Trading Ideas

Airbus dominates second day of Dubai show as Boeing wins MAX order

November 18, 2019 admin Comments Off on Airbus dominates second day of Dubai show as Boeing wins MAX order

Gulf airlines Emirates and Air Arabia spent a combined $30 billion at list prices on Airbus jetliners as the Dubai Airshow burst into life on Monday, while Boeing won a symbolic first official order for the 737 MAX since its grounding in March. Emirates threw its weight behind the Airbus A350 with an expanded order for 50 jets worth $16 billion, but shelved plans to order the slightly smaller A330neo as the Middle East’s largest carrier embarked on a more diversified fleet structure. The firm order, signed in front of reporters on day two of the …read more […]

No Picture
Trading Ideas

UPDATE 1-Jumia suspends its e-commerce business in Cameroon

November 18, 2019 admin Comments Off on UPDATE 1-Jumia suspends its e-commerce business in Cameroon

Online retailer Jumia Technologies , often called “the Amazon of Africa”, said it had suspended its e-commerce platform activities in Cameroon on Monday because it was not suitable for the country. “Based on our review, we came to the conclusion that our transactional portal as it is run today is not suitable to the current context in Cameroon,” the company said in a statement, adding that its e-commerce operations there had been suspended. Founded in 2012 by two French former McKinsey consultants, Jumia has grown quickly to become Africa’s leading e-commerce firm, operating in more than a dozen …read more […]

No Picture
Trading Ideas

WRAPUP-Airbus dominates second day of Dubai show as Boeing wins MAX order

November 18, 2019 admin Comments Off on WRAPUP-Airbus dominates second day of Dubai show as Boeing wins MAX order

Gulf airlines Emirates and Air Arabia spent a combined $30 billion at list prices on Airbus jetliners as the Dubai Airshow burst into life on Monday, while Boeing won a symbolic first official order for the 737 MAX since its grounding in March. Emirates threw its weight behind the Airbus A350 with an expanded order for 50 jets worth $16 billion, but shelved plans to order the slightly smaller A330neo as the Middle East’s largest carrier embarked on a more diversified fleet structure. …read more […]