Trading Ideas
Better Buy: Celgene Corporation vs. Merck
Which of these oncology leaders will come out ahead? …read more […]
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Business News
VW names interim Audi boss, seeking to steady brand after CEO arrest
MUNICH (Reuters) – Volkswagen suspended Audi boss Rupert Stadler and announced an interim replacement on Tuesday, seeking to steady its most profitable business after German authorities arrested Stadler as part of an emissions probe.
Business News
Audi supervisory board suspends CEO, installs interim chief: source
MUNICH (Reuters) – The supervisory board of Audi has suspended Chief Executive Rupert Stadler and appointed Dutchman Bram Schot as an interim replacement, a source familiar with the matter said on Tuesday.
Trading Ideas
Stocks are getting whacked as Trump moves toward an all-out trade war with China
President Donald Trump on Monday threatened an all-out trade war with China by announcing the possibility of tariffs on an additional $200 billion worth of Chinese goods. US stocks were set to tumble at Tuesday’s open the morning after President Donald Trump threatened an all-out trade war with China. The S&P 500 was set to open lower by about 1% after heavy overnight selling dropped China’s Shanghai Composite (-3.78%) to its lowest level in two years. …read more […]
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Gold Is at a 5-Month Low: Here's Why Gold Stock Investors Shouldn't Worry
Though a falling gold price is never ideal, investors have plenty of reasons to smile. …read more […]
Trading Ideas
How This Expert Paid Off $40,000 in Student Loans in 7 Months
Michelle Schroeder-Gardner broke the paycheck-to-paycheck cycle. …read more […]
Trading Ideas
3 Money Milestones Everyone Should Reach by 40
By the time you hit the big 4-0, you should have attained a few important goals to be on the right track to retirement. …read more […]
Business News
VW, Audi resume crisis talks after Audi CEO arrest: sources
MUNICH (Reuters) – Volkswagen bosses were locked in a second day of hastily convened meetings to address a leadership crisis sparked by the arrest of the head of the carmaker’s Audi brand, sources familiar with the matter said on Tuesday.
Business News
Trade war worries slam China and emerging markets
LONDON (Reuters) – Chinese stocks fell almost 4 percent and alarm bells rang across global markets on Tuesday, as the trade dispute between the United States and China escalated further.
Trading Ideas
Global Markets: Trade war worries slam China and emerging markets
Chinese stocks fell almost 4 percent and alarm bells rang across global markets on Tuesday, as the trade dispute between the United States and China escalated further. The yuan also hit a five-month low overnight after U.S. President Donald Trump’s threat to impose a 10 percent tariff on another $200 billion of Chinese goods drew warnings from Beijing about $50 billion of retaliatory penalties on U.S. goods. Europe’s main equity benchmarks sank 1 to 1.5 percent in early trading and Wall Street futures were pointing to similar falls there later, while safe-haven government bonds and the Japanese yen …read more […]
Business News
OPEC sees strong oil market, possible need for more output
VIENNA (Reuters) – Global oil demand is set to stay strong in the second half of 2018, an OPEC technical panel forecast this week, suggesting the market could absorb extra production from the group.
Business News
China slams U.S. ‘blackmailing’ as Trump issues new trade threat
BEIJING/WASHINGTON (Reuters) – U.S. President Donald Trump threatened to impose a 10 percent tariff on $200 billion of Chinese goods and Beijing warned it would retaliate, in a rapid escalation of the trade conflict between the world’s two biggest economies.
Business News
Exclusive: China’s Xiaomi cuts valuation after pulling mainland offering: sources
HONG KONG/SHANGHAI (Reuters/IFR) – Chinese smartphone maker Xiaomi has lowered its likely valuation to between $55 billion and $70 billion following its decision to delay its mainland share offering until after its Hong Kong IPO, three sources with direct knowledge of the matter said.
Business News
Audi to resume crisis talks after CEO arrest: sources
MUNICH (Reuters) – Audi’s board of directors will resume talks on Tuesday to address a leadership crisis at Volkswagen’s most profitable brand, sources familiar with the matter said, following Audi chief Rupert Stadler’s arrest.
Business News
China’s Xiaomi cuts valuation to $55 billion-$70 billion: sources
SHANGHAI/HONG KONG (Reuters/IFR) – Chinese smartphone maker Xiaomi has lowered its likely valuation to between $55 billion and $70 billion following its decision to delay its mainland share offering until after its Hong Kong IPO, three sources with direct knowledge of the matter said.