Business News
FTSE confirms new Unilever not eligible for UK blue chip index
Consumer goods giant Unilever will not be included in Britain’s blue-chip FTSE 100 index once it ends its dual-headed structure, index compiler FTSE Russell said.
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Business News
How tech jobs helped Rust Belt become house-flipping hotspot
In the run-up to the 2008 financial crisis, millions of amateur investors kept adding fuel to the overheating U.S. housing market by betting on quick profits in hotspots like Las Vegas or Miami. A decade later, house-flipping is making a comeback, but this time in some Rust Belt cities the last boom passed by.
Business News
New York overtakes London as top financial center; Brexit blamed
New York has overtaken London as the world’s most attractive financial center, a survey said on Wednesday, as Britain’s decision to leave the European Union prompts banks to shift jobs out of the city to preserve access to Europe’s single market.
Trading Ideas
3 Stocks That Could Double Your Money
There are no guarantees, of course, but these stocks appear to be reasonably good bets for doubling in the not-too-distant future. …read more […]
Trading Ideas
Gilead Sciences Reports Market-Moving News
The embattled biotech Goliath notched a key victory on Tuesday. …read more […]
Business News
VW brand must become significantly more efficient: CEO
The VW brand needs higher profits and must become significantly more efficient to be able to finance its future, Volkswagen group Chief Executive Herbert Diess told the brand’s staff magazine.
Business News
Oil hovers near $80 a barrel as concern grows over global supply
Oil eased on Wednesday, having neared its highest level this year after a drop in U.S. crude inventories and the prospect of the loss of Iranian supply added to concerns over the delicate balance between consumption and production.
Business News
Stocks inch off three-week lows but little respite for emerging markets
Fresh sparring between Washington and Beijing over trade kept world stocks close to three-week lows on Wednesday, while a slight dollar pullback gave little respite to emerging markets, with the Indian rupee plumbing new record lows.
Business News
IKEA to open first store in Ukraine next year
Swedish retailer IKEA will open its first store in Ukraine next year because of the country’s improved business climate, a senior executive said on a visit to Kiev on Wednesday.
Business News
New York overtakes London as world’s top financial center: Z/YEN survey
New York has overtaken London as the world’s most attractive financial center, a survey said on Wednesday, as Britain’s decision to leave the European Union prompts banks to shift jobs out of the city to preserve access to Europe’s single market.
Business News
German consumer body to file class action suit against Volkswagen on November 1
The German consumer protection organization vzbv on Wednesday said it would file a class action lawsuit against Volkswagen on Nov. 1.
Business News
LG Display struggles for footing after LCD forecasting error leads to crisis
The chief executive of South Korea’s LG Display , Han Sang-beom, was determined to deliver a strong message when he appeared before 1,000 employees at the firm’s main manufacturing plant last spring.
Business News
German Ryanair pilots threaten more walkouts
German pilots’ union Vereinigung Cockpit (VC) threatened that it could call for further strikes at Irish low-cost carrier Ryanair if management does not make a better offer.
Business News
Apple’s newest iPhone could have big screen, big price
Apple Inc is expected to blast further past the $1,000 price barrier when it launches new iPhones on Wednesday, but Wall Street is most intrigued by how deep into its larger-than-ever lineup prices hikes may go.
Business News
Asia stocks fall to 14-month lows as trade concerns simmer
Asian stocks slipped to 14-month lows on Wednesday with investor confidence chilled by the latest round of verbal threats in an intensifying U.S.-China trade conflict.