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A group of Country Garden lenders has hired advisors from Deloitte and Allen & Overy to assist in a possible loan restructuring.
Reuters has reported that a hacker group has claimed that it has received a $22 million random from UnitedHealth, which bought back its lost data.
The Chairman of the US Federal Reserve Jerome Powell has just caused market volatility. Comments made at a testimony before US Congress committee have created various market reactions.
The Chairman of the US Federal Reserve Jerome Powell has just caused market volatility. Comments made at a testimony before US Congress committee have created various market reactions. In general, the head of the US monetary policy makers has stated that he still expects to cut interest rates during this year. This aspect is good for the financial markets, but
The Portuguese construction firm Mota-Engil has revealed that it has doubled its 2023 profit, as the European country has experienced major increase in demand.
The US company American Airlines has revealed that it has made the largest plane purchase since 2011 by ordering 260 new planes from Airbus, Embraer and Boeing.
This week, the Chinese government announced that it intends to become self-reliant in the tech industry by increasing investment in AI and other tech sectors.
The Alphabet owned firm Google has implemented changes for app developers and users in an effort to avoid upcoming European Union tech regulation.
Bloomberg News has reported that AMD has encountered limits in selling its AI chips to China. Namely, the government has blocked the sale of a chip despite it being specifically designed for the Chinese market.
The Chinese government has announced plans to "transform" its economic growth model and set a GDP growth target for 2024 at 5.00%. In addition, among new tasks the government has picked the defusing of risks from bankrupt real estate firms.
The US White House has announced that it is set to reveal new limits on credit card late payment fees, as the administration intends to help the most indebt citizens.
The stock price of Tesla has started a decline during this week, as the company's sales in China had declined to a low level not seen for a years.
Bloomberg has reported that the Spanish Banco Santander is set to fire 320 US employees, as the bank automates retail processes.
The surge of gold continues. Moreover, US fundamental data has boosted the gains. At exactly 15:00 GMT, the US Institute for Supply Management published its Purchasing Managers Index. The markets expected the index to show good conditions in the sector, but the actual data disappointed. Due to this reason the US Dollar sharply declined. By late Tuesday's trading, the commodity price
At exactly 15:00 GMT, the US Institute for Supply Management published its Purchasing Managers Index. The markets expected the index to show good conditions in the sector, but the actual data disappointed. Due to this reason the US Dollar sharply declined. The USD/JPY rate reacted to the news with a decline below the low level range of 149.85/149.95. However, it appeared
At exactly 15:00 GMT, the US Institute for Supply Management published its Purchasing Managers Index. The markets expected the index to show good conditions in the sector, but the actual data disappointed. Due to this reason the US Dollar sharply declined. On the GBP/USD charts it resulted in a breaking of the 1.2695/1.2710 range and the weekly R1 simple pivot point. Economic
At exactly 15:00 GMT, the US Institute for Supply Management published its Purchasing Managers Index. The markets expected the index to show good conditions in the sector, but the actual data disappointed. Due to this reason the US Dollar sharply declined. The EUR/USD reacted to the news by resuming its attempts to move above 1.0860/1.0890 range. Economic Calendar Analysis On Wednesday, at
The surge of gold continues. Moreover, US fundamental data has boosted the gains. At exactly 15:00 GMT, the US Institute for Supply Management published its Purchasing Managers Index. The markets expected the index to show good conditions in the sector, but the actual data disappointed. Due to this reason the US Dollar sharply declined. By late Tuesday's trading, the
At exactly 15:00 GMT, the US Institute for Supply Management published its Purchasing Managers Index. The markets expected the index to show good conditions in the sector, but the actual data disappointed. Due to this reason the US Dollar sharply declined. The USD/JPY rate reacted to the news with a decline below the low level range of 149.85/149.95. However, it
At exactly 15:00 GMT, the US Institute for Supply Management published its Purchasing Managers Index. The markets expected the index to show good conditions in the sector, but the actual data disappointed. Due to this reason the US Dollar sharply declined. On the GBP/USD charts it resulted in a breaking of the 1.2695/1.2710 range and the weekly R1 simple pivot
At exactly 15:00 GMT, the US Institute for Supply Management published its Purchasing Managers Index. The markets expected the index to show good conditions in the sector, but the actual data disappointed. Due to this reason the US Dollar sharply declined. The EUR/USD reacted to the news by resuming its attempts to move above 1.0860/1.0890 range. If the pair once
Due to poor market conditions, Chevron has paused production at two biodiesel facilities in the US Midwest.
At exactly 15:00 GMT, the US Institute for Supply Management published its Purchasing Managers Index. The markets expected the index to show good conditions in the sector, but the actual data disappointed. Due to this reason the US Dollar sharply declined. The index is an aggregate number for a survey of sales managers at top US firms. Managers reply by
At exactly 15:00 GMT, the US Institute for Supply Management published its Purchasing Managers Index. The markets expected the index to show good conditions in the sector, but the actual data disappointed. Due to this reason the US Dollar sharply declined.