News

Note: This section contains information in English only.
Sat, 30 Mar 2019 10:43:19 GMT

Wall Street waits for economic data

During the weekend various analytics firms announced that the next week's macroeconomic data will reveal whether an upcoming downturn is set to occur in the US economy.

Sat, 30 Mar 2019 10:38:25 GMT

Southwest takes Boeing 737 MAX off flights

Southwest airlines have decided to not use Boeing 737 MAX airplanes until the end of May. The announcement hurt the stock price of Boeing.

Sat, 30 Mar 2019 10:38:18 GMT

Lyft stock price surges after IPO

The ride hailing company Lyft had its initial public stock offering on Friday. During the trading session the stock price rose by 23 percent.

Sat, 30 Mar 2019 08:43:22 GMT

Trump calls for rate cuts

The US President Donald Trump announced on Friday that the US Federal Reserve was mistaken when it increased interest rates, as the rate hike hurt the economy and equity markets. The President revealed that rate cuts should be made to fix the mistake.

Sat, 30 Mar 2019 08:43:12 GMT

Stock markets end first quarter

On Friday, the global stock markets closed with the biggest quarterly gains in a decade. Although, the gains represented a recovery after the highly volatile stagnation of 2018. Moreover, the stock indices have not reached previous high levels.

Sat, 30 Mar 2019 07:41:53 GMT

Federal Reserve comments on rate cuts

Various policymakers late on Friday announced that they don't want to cut US Federal Reserve interest rates. The announcement strengthened the value of the US Dollar.

Sat, 30 Mar 2019 07:41:46 GMT

TransferWise looks for additional capital

The money start up TransferWise is looking to selling a part in its business in an effort to raise additional $300 million. The additional capital would raise the company's value to four billion USD.

Sat, 30 Mar 2019 06:46:29 GMT

Trump comments on North Korean sanctions

The US President Donald Trump has announced that at the current time he sees no need for additional sanctions on North Korea. Additional sanctions that were proposed last week could have hindered the talks with between the US and NK.

Sat, 30 Mar 2019 06:45:53 GMT

Well Fargo looks for CEO

On Friday, the current management of Wells Fargo announced that it is starting an official search for a new chief executive officer. The new CEO could save the company from the current decline and boost its stock price.

Sat, 30 Mar 2019 06:10:12 GMT

Trump attempts pipeline revival

The President of the United States on Friday issued a new permission to TransCanada Corporation to develop the Keystone oil pipeline. The project is bound to decrease oil prices.

Sat, 30 Mar 2019 06:09:47 GMT

Apple cancels new product

On Friday, representatives of Apple announced that the company will not put on the market its wireless charging mat AirPower. The mat had been in development since 2017. The event signals that there might be development issues at Apple.

Sat, 30 Mar 2019 05:35:42 GMT

China comments on Silk Road

On Saturday, Chinese officials announced that there exists strong prejudice against the Silk Road project. The announcement comes amidst various countries announcing that the Chinese initiative is a debt trap.

Sat, 30 Mar 2019 05:35:13 GMT

Trump sets rules for North Korea

Information published by Reuters on Saturday has revealed that Trump has given his demands to the leader of North Korea. The event indicates that a solution to the negotiations is upcoming.

Sat, 30 Mar 2019 03:44:36 GMT

US farmland suffer losses

It was announced on Friday that more than one million acres of US farmland has been hit by a storm that has flooded the fields. The news are set to increase global grain prices.

Sat, 30 Mar 2019 03:44:02 GMT

Australia increases security funding

On Saturday, the Australian government announced that it will increase its national security spending next year by $400 million. The spending is bound to boost the companies that supply the country's security forces.

Sat, 30 Mar 2019 03:32:19 GMT

Daimler requests Nokia probe

The German carmaker Daimler revealed on Friday that it has complained to the EU antitrust regulators about Nokia patents. The regulators are bound to check the claims against Nokia.

Sat, 30 Mar 2019 03:31:52 GMT

Honda confirms airbag deaths

On Friday, Honda announced that it has confirmed that sixteen people have died due to faulty air bags in Honda cars in the United States. The news are set to beat down the car producer's stock price.

Sat, 30 Mar 2019 01:40:56 GMT

Wall Street edges higher on US-China trade talks

On Friday, US shares extended its gains, as investors were hopeful of a deal during the ongoing trade talks between the United States and China.

Sat, 30 Mar 2019 01:40:34 GMT

Lyft stocks edge higher by 21.2% on Friday

On Friday, Lyft Inc stocks edged higher by 21.2% on Nasdaq debut IPO, as the company was valued about $24.3B.

Fri, 29 Mar 2019 19:51:16 GMT

Wells Fargo plans to appoint outsider CEO

According to analysts, the next Wells Fargo's CEO would likely be an outsider, with a finance executive experience, consumer banking and digital strategy.

Fri, 29 Mar 2019 19:51:07 GMT

Germany's unemployment rate hits new record low

On Friday, data showed that the German retail sales edged higher in February, as the country's unemployment rate reached a new historic low.

Fri, 29 Mar 2019 18:55:35 GMT

France says no Brexit deal is very likely

On Friday, the office of the French President Emmanuel Macron said that the United Kingdom leaving the EU without a deal is very likely, after the UK Parliament rejected Theresa May's Brexit deal.

Fri, 29 Mar 2019 18:55:17 GMT

Oil prices edge higher on Friday

Crude oil prices edged higher on Friday, as US sanctions against Venezuela and Iran helped to ease concerns over a global economic slowdown.

Fri, 29 Mar 2019 18:10:09 GMT

Sales of new US homes hit eleven-month high

The US Commerce Department said on Friday that sales of US new homes rose to an eleven-month high in February.

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