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U.S. delivery company FedEx Corporation probably concealed more than 100 packages of Huawei while China’s technical leader blamed Flex for estimating its goods. A the same time, Sino-U.S. tensity further strain economic ties. China’s ...
The Nasdaq Indice reduced by 1% while Tesla was blamed for bad Q2 results. The Dow went down 0,47%. Boeing became the biggest loser on the list. American Airlines was down 8,4% and Alaska Air Group lost 2,7%. Southwest Airlines stocks ...
Global economic growth is faced with risks deepening in spite of hopes that the main central banks will reduce interest rates or weaken policy. The largest sovereign bond yields have also fallen down as the last economy figures have highlighted ...
Donald Trump is preparing an executive order to cut prices on almost all branded drugs sold to Medicare. This new law will be much broader than the previous one. The President Administration is looking for ways to lower prices on drugs used ...
The new orders for key goods raised in June, suggesting several improvements in investment. However, economic growth is expected to have slowed in Q2. The U.S. exports became weaker as well as inventory build. Nevertheless, the longest ...
European officials are being prepared for interest rates decline because of the EU’s economy weakening. Now the ECB is trying to cope with a manufacturing slowdown. Its experts now keep interest rates unchanged, but they can be cut until ...
India stocks lower after the closing on Wednesday while losses in the Auto, Metals and Energy sectors led shares lower. The Nifty 50 decreased by 0,53% to hit a 1 month low, while the BSE Sensex 30 Indice reduced by 0,36%. Zee Entertainment ...
Bank of Jinzhou, a regional China’s leader of banking saw its dollar-denominated debt falling. The nation’s financial regulators now are trying to solve its liquidity problems. Officials who include the workers from the People’s ...
Telecom equipment and phone maker Nokia reported its sudden profit increase in Q2 on Thursday. It was supposed a higher demand as a reason for the company’s growth. The 2019 profit forecast was maintained. The company also reported ...
Energy prices raised up on Thursday on a regular U.S. crude stockpile reduction which came in 3 times the level previously expected. WTI Futures added 0,3% and surpassed $56. At the same time, Brent Oil Futures gained 0,2% to $63,31. The ...
The electric car maker Tesla Inc pushed its profit timeline back once again after financial targets in the Q2. Tesla also announced that its chief technology officer is leaving the company. A loss in the last quarter was deeper than expected. ...
Apple’s providers are going to start producing the components for 75 million new phones in the second half of 2019. It would be almost the same number as it was produced a year earlier. The volumes planned for the next iPhone launch ...
Iran has threatened to reduce its imports from Brazil if it does not allow the refueling of two Iran’s ships stranded off the Brazilian coast. Iran sees it as a sign of the global repercussions of U.S. sanctions on Iran. The ambassador ...
Depositor guarantee fund FITD in Italy considers the conditions to join a rescue plan for unhealthy Carige unacceptable. Italian cooperative bank Cassa Centrale Banca (CCB) set the conditions to rescue Carige, the bank in Genoa. CCB planned ...
Deutsche Bank informed about bigger than forecast quarterly loss of over 3 bn euros. It also underlined the challenges it faces trying to turn around the business. In July, Deutsche Bank reported it would lose almost 3 billion euros in ...
Boris Johnson was elected as a new leader of the British Conservative party and a new British prime minister. He has been the minister of Foreign Affairs for two years — from summer 2016 to summer 2018. Thus, on 24 July 2019 he became ...
French car producer company PSA Group reported a significant profit growth in the first half of the year. Weaker emerging market sales may change because PSA Group defies a global industry downturn. Peugeot’s operating margin lifted ...
Nissan Motor Co Ltd plans to turn around its business by expanding job cuts to more than 10,000. The corporation’s profit keeps plunging, and Nissan tries to cope with management upheaval. The company’s global plan includes ...
Petrobras Distribuidora, the Brazilian oil company, has priced its next share offering on Tuesday at 24,5 reais per stock. Around 1% discount was added to the offering price to the stock closing on 23 July. Petroleo Brasileiro SA, a parent ...
The euro hits its 2-month minimum on Wednesday. This time markets waited the ECB’s stance on monetary policy. Expectations were all around interest rates’ decline and global easing tendention. The currency changed its value ...
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