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Trading Ideas

Emirates sees place for Boeing 787 in airline’s fleet: President

Emirates Airline President Tim Clark said on Monday he sees a place for Boeing’s 787 aircraft in the Dubai airline’s fleet. Clark also said he told Boeing that the 777X should be tested over a 13-month to 16-month period, adding that he does not expect to have any 777-9 jets in 2020. Emirates was supposed to receive eight Boeing 777-9 in 2020. …read more […]

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Trading Ideas

U.S.-China Trade Deal: JPM Sees Stocks Upside, BofA Watches Yuan

(Bloomberg) — The U.S. and China agreed Friday to the contours of a partial trade deal that Presidents Donald Trump and Xi Jinping could sign as soon as next month, but there’s still a lot for investors to chew on.Questions remain on everything from whether the deal will actually be completed to the import taxes on all remaining Chinese shipments due to start Dec. 15.Here are some thoughts from market strategists:Min Dai and strategists at Morgan Stanley in Hong Kong“Before the trade deal, investors’ conviction was low and positioning was light. The light positioning in emerging-market foreign exchange could provide …read more […]

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Business News

WeWork opens new sites at breakneck speed despite cash-burn concerns

WeWork has opened almost as many new locations in the last 3-1/2 months as it did in the whole first half of this year, likely accelerating the speed with which the office-sharing company is burning through cash as increasingly hard-nosed investors scrutinize its prospects for going public.

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Trading Ideas

GLOBAL MARKETS-Asian shares get trade lift, let down by China data

Figures from China underlined the pain felt as dollar-denominated exports and imports both fell by more than expected in September. Liquidity was also lacking with Japan off and a partial market holiday in the United States for Columbus Day. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.1% in light trade. …read more […]