Trading Ideas
News bites: Team rescued from Thai cave, Trump heads to NATO talks, Facebook launches anti-fake news campaign in India
Here’s a quick wrap up of other headlines making news today. …read more […]
Articles by admin
Trading Ideas
Airbus renames Canadian jet as A220, seen near U.S. deal
Airbus gave its newly acquired Canadian CSeries jet a new name and looked close to winning an inaugural order on Tuesday as it prepares to broaden its battle with Boeing for jet sales. Airbus expects to sell a “double-digit” number of the jets that have 110-130 seats this year and sees demand for at least 3,000 of them over 20 years, said CSeries sales chief David Dufrenois. “I don’t think it will be very long before we see the first results on the market,” said Airbus Chief Commercial Officer Eric Schulz. …read more […]
Business News
Tesla to open plant in Shanghai with annual capacity of 500,000 cars: local media
Tesla Inc on Tuesday signed agreements with Shanghai authorities that will allow it to open a plant in the Chinese city with an annual capacity of 500,000 cars, local media reported.
Business News
Airbus renames Canadian jet as A220, seen near U.S. deal
Airbus gave its newly acquired Canadian CSeries jet a new name and looked close to winning an inaugural order on Tuesday as it prepares to broaden its battle with Boeing for jet sales.
Business News
Pepsi, oil stocks lift Wall Street at open
Wall Street opened higher on Tuesday, boosted by PepsiCo’s strong quarterly results and gains in energy shares.
Trading Ideas
PepsiCo’s beverage sales dip, but snack sales increase
PepsiCo’s beverage sales are still struggling as the company tries to adjust to Americans’ changing drinking habits. The maker of Gatorade, Mountain Dew and Tropicana said Tuesday that sales volume declined for its North American beverage unit in the second quarter. The dip came despite the company’s efforts in recent years to introduce new drinks that are in line with trends. …read more […]
Business News
Success with Snap helps venture firm Lightspeed raise $1.8 billion for new funds
Venture capital firm Lightspeed Venture Partners has raised $1.8 billion to invest in startups from cryptocurrency to beauty supplies, hoping to build on its streak of lucrative bets in companies such as Snap Inc , the firm’s partners told Reuters.
Business News
Oil rises to $79 a barrel on Norway strike, Libyan disruption
Oil prices rose by over 1 percent toward $79 per barrel on Tuesday due to growing supply outages, with Norway shutting one oilfield as hundreds of workers began a strike and Libya saying its production more than halved in recent months.
Trading Ideas
Here’s why the Dow will hit 40,000 by 2025
The current bull market is likely to continue galloping for years to come, pushing the Dow Jones Industrial Average above 40,000 by 2025. …read more […]
Business News
VW agrees Chinese cooperation on e-mobility, autonomous driving
Volkswagen said it has agreed to cooperate with China’s FAW Group and the China Intelligent and Connected Vehicles Research Institute (ICV) on technologies including e-mobility, connectivity and autonomous driving.
Business News
Stock futures higher as focus shifts to earnings
U.S. stock index futures rose on Tuesday, as focus turned to the U.S. corporate earnings season that kicks off this week, while worries of a trade dispute took a back seat in the wake of encouraging economic data.
Trading Ideas
Tesla Plans China Plant With 500,000 Vehicle Capacity
Tesla Inc. is planning a factory in China with a capacity for 500,000 vehicles a year, its biggest step beyond the U.S. so far, according to people familiar with the matter. Tesla is due to sign a memorandum of understanding with local entities in Shanghai, the people said, asking not to be identified as the information isn’t public. Bloomberg reported earlier that Chief Executive Officer Elon Musk would be in the city for an event with the government on Tuesday. …read more […]
Business News
Airbus renames Canadian jet as the A220, sees strong demand
Airbus unveiled a new identity for the 110-130-seat CSeries passenger plane on Tuesday as it prepares to broaden its battle with Boeing to small passenger jets.
Trading Ideas
5 Quotes All Investors Need to Read
Here are five nuggets of wisdom from some of the best investors of all time. …read more […]
Business News
Frito-Lay unit sales power PepsiCo’s profit, revenue beat
PepsiCo Inc reported second-quarter revenue and profit that topped Wall Street estimates as higher sales in its Frito-Lay unit in North America helped offset sluggish demand for beverages.