Trading Ideas
Centene (NYSE:CNC) Could Easily Take On More Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously… …read more […]
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Business News
Timeline: Highlights of the 15-year Airbus, Boeing trade war
The World Trade Organization is poised on Wednesday to open the door to hefty U.S. tariffs on European goods over illegal subsidies for Airbus, pushing a 15-year-old row over support for plane giants to the center of fraught global trade relations.
Business News
Explainer: The jet subsidy row that threatens transatlantic trade war
The United States will learn on Wednesday the annual value of European Union goods it is allowed to target with tariffs as part of a 15-year-old dispute at the World Trade Organization over illegal subsidies to the world’s largest planemakers.
Trading Ideas
Wall Street set to open lower as manufacturing shock drags on
On the first day of the fourth quarter, the S&P 500 and Dow indexes recorded their sharpest slide in more than a month, wiping off their third-quarter gains. “What is hard to argue with is that the global manufacturing sector is now very much in a recession,” Deutsche Bank strategist Jim Reid wrote in a note. The Federal Reserve, which cut interest rates for the second time this year in September, indicated that it would rely on economic data to determine future rate cuts. …read more […]
Trading Ideas
Market Morning: Economy Stalling, Libra Letdown, J&J Settles, Impeachment Heats Up
US Economy Stalling, But Economists Say That’s Fine According to the latest divinations by the nation’s mainstream economists, the economy may look like it’s stalling, but it’s really OK because the so-called “stall speed” of the economy has supposedly declined. Meaning, the US economy can continue to creep along very slowly without tipping into recession. […]The post Market Morning: Economy Stalling, Libra Letdown, J&J Settles, Impeachment Heats Up appeared first on Market Exclusive. …read more […]
Business News
Softbank names Ralf Wenzel to oversee joint ventures in Latin America
Japan’s Softbank Group Corp named entrepreneur Ralf Wenzel as chief executive at its Latin American Tech Hub, with the goal of creating joint ventures among Softbank-backed companies in an effort to expand in the region.
Business News
WeWork Japan gets new CEO, days after We Company founder quits
WeWork Japan on Wednesday named a new head of local operations, just days after the co-founder of the We Company stepped down following a botched attempt to gain a stock market listing.
Business News
WTO to back U.S. tariffs over Airbus subsidies
The World Trade Organization is poised on Wednesday to open the door to hefty U.S. tariffs on European goods over illegal subsidies for Airbus, pushing a 15-year-old row over support for plane giants to the center of fraught global trade relations.
Trading Ideas
Alarming manufacturing data shouldn't make you sound the alarm: Morning Brief
Top news and what to watch in the markets on Wednesday, October 2, 2019. …read more […]
Business News
WeWork Japan replaces CEO days after WeWork founder resignation
WeWork Japan on Wednesday named a new head of local operations, just days after WeWork co-founder Adam Neumann stepped down as CEO of parent The We Company following a botched IPO attempt.
Business News
Samsung ends mobile phone production in China
Samsung Electronics Co Ltd has ended mobile telephone production in China, it said on Wednesday, hurt by intensifying competition from domestic rivals in the world’s biggest smartphone market.
Business News
Volkswagen formally registers unit in Turkey
Volkswagen has established a subsidiary in Turkey’s western Manisa province, the country’s Trade Registry Gazette showed on Wednesday, adding that the unit will focus on designing, producing and assembling automobiles and trucks.
Trading Ideas
Data Gloom Hits Emerging Markets With Enough of Their Own Issues
(Bloomberg) — It’s not shaping up to be a very comfortable start to October. Although we’re only two days into the month, emerging-market assets of most shades were on the back foot again, and for once it was difficult to blame the trade war. This time, analysts pointed to poor manufacturing readings and weaker data across the developing world in general as reasons for the listlessness. There were plenty of idiosyncratic stories to dull the palate too, notably in South Korea, Turkey, Poland, Peru and Brazil.Biggest LoserSouth Korea’s won was the biggest loser in the foreign-exchange market after Pyongyang tested …read more […]
Business News
Tesco boss to leave next year after calling turnaround complete
Tesco boss Dave Lewis will step down next summer after declaring the turnaround of Britain’s biggest retailer complete, handing over to Ken Murphy, a former executive at healthcare group Walgreens Boots Alliance .
Business News
Oil prices mixed ahead of U.S. crude stocks data
Oil prices were mixed on Wednesday as Brent crude extended losses due to depressed global stock markets, but U.S. crude rose slightly after industry data showed a surprise drop in inventories in the United States.