According to preliminary trading data on the New York Stock Exchange on Monday, shares of the American corporation Boeing, one of the largest aircraft manufacturers in the world, fell to 386 dollars, having decreased in price by 8.7%, finversia.ru writes. Such a significant drop in quotations is caused by information about the crash of a Boeing 737 Max 8 of Ethiopian Airlines. The plane crash that occurred in Ethiopia on March 10 claimed the lives of all 157 people on board from 35 countries. The suspension of flights of this liner was reported not only by Ethiopian Airlines, the authorities of China and Mongolia also said this. During the last 5 months, two Boeing 737 Max 8 disasters have occurred. As a result of the crash over the Java Sea, 189 people died.
European shares traded lower earlier on Thursday after underwhelming earnings reports dampened a U.S. Fed vow to continue rolling out stimulus plans in a bid to soften the economic blow of the COVID-19 pandemic. The pan-European STOXX lost ...
Oil prices climbed on Wednesday after U.S. crude inventories fell against analysts’ expectations, prompting a boost in the market amid the coronavirus resurgence. Brent crude futures gained 0.3%, or 14 cents, at $43.36 per barrel. U.S. ...
European stocks traded slightly higher on Tuesday ahead of a U.S. decision to roll out additional stimulus plans despite the underwhelming quarterly earnings reports from the luxury goods market. The pan-European STOXX index inched higher ...
Samsung Electronics’ shares joined TSMC, its competitor, as both extended gains on Tuesday. This was mainly from upbeat expectations that Intel Corp’s plan of outsourcing more chip producers would favor the chipmakers. Shares of ...
On Monday, Deutsche Bundesbank’s President Jens Weidmann said in a newspaper interview that Germany would toughen its auditing and accounting regulations to prevent another scam like the Wirecard scandal. Wirecard AG (WDI), a financial ...