News

Tue, 08 Jan 2019 10:24:59 GMT

Chanel invests $20.4M in Swiss parts maker Kenissi

Channel, the French fashion house, made an investment worth $20.4M into the Swiss parts producer Kenissi, with intention to boost its presence in the luxury watchmaking.

Tue, 08 Jan 2019 09:10:14 GMT

Elliott makes $2.07B bid for QEP Resources

Elliott Management has made an offer worth $2.07B to acquire the Permian Basin producer QEP Resources, valuing the firm 44% above its stock's closing price last Friday.

Tue, 08 Jan 2019 09:06:01 GMT

Canyon Capital Advisors to vote against Rowan sale

On Monday, Canyon Capital Advisors warned it would oppose the sale deal of Rowan Companies to the rival Ensco, being the largest shareholder in the offshore driller, as it owns a 6.3% stake.

Tue, 08 Jan 2019 08:38:52 GMT

Maurel & Prom plans $400M investment into Venezuela oil venture

France's Maurel & Prom is planning to invest $400M to purchase a 40% stake in the Venezuelan oil venture Petroregional del Lago, according to the President Manuel Quevedo.

Tue, 08 Jan 2019 08:35:37 GMT

Swiss firm Sika to acquire France's Parex for $2.5B

Swiss chemicals firm Sika AG agreed to acquire its French rival Parex for about $2.55B, in its largest acquisition deal, as the company seeks to accelerate consolidation in the market of building materials.

Tue, 08 Jan 2019 05:47:25 GMT

Lilly invests billions in cancer drugs

Eli Lilly announced on Monday that the company will acquire Loxo Oncology for eight billion US Dollars. The company to be acquired concentrates on researching new cancer drugs.

Tue, 08 Jan 2019 05:46:34 GMT

US Dollar struggles on Tuesday

During the early trading session of Tuesday the US Dollar struggled against other currencies, as the financial markets were speculating whether the Federal Reserve will hike interest rates during this year.

Tue, 08 Jan 2019 05:38:10 GMT

Asian shares surge on Tuesday

Due to optimism caused by the renewed US and Chinese trade talks Asian shares surged during the Tuesday's trading session.

Tue, 08 Jan 2019 05:37:42 GMT

Samsung profits are expected to be below estimates

On Tuesday, a Samsung executive revealed that the fourth quarter profits of the company most likely will be below estimates due to weak chip demand.

Tue, 08 Jan 2019 04:30:06 GMT

Intel works with Facebook over AI chip

Intel announced that it was working with Facebook to complete a new AI chip in the second half of 2019.

Tue, 08 Jan 2019 04:25:38 GMT

British new car sales fall ahead of Brexit

The UK sales of new cars dropped last year at their fastest pace since the financial crisis of 2008, affected by the fall in demand for diesel, as the SMMT warned of the threat to the sector due to Brexit.

Tue, 08 Jan 2019 03:04:37 GMT

SoftBank to invest extra $2B in WeWork

SoftBank Group is set to inject another $2B in WeWork in 2019, bringing Japan's conglomerate's total investment in the provides or the office space to more than $10B according to sources familiar with the matter.

Tue, 08 Jan 2019 03:01:33 GMT

Nvidia: next-level self-driving platform to go into production

Nvidia announced Drive AutoPilot platform, with AI technologies, which is expected to enable new level of self-driving vehicles by 2020, further strengthening the company's position in the industry.

Mon, 07 Jan 2019 21:36:24 GMT

Kenya earns $1.55B from tourism

Tourism contributed $1.55B to the Kenyan economy in 2018, a 31.26% increase from $1.18B in 2017, the Cabinet Secretary in the Ministry of Tourism and Wildlife Najib Balala says.

Mon, 07 Jan 2019 21:34:53 GMT

India economy to expand 7.2% in 2019

The economy of India is expected to expand 7.2% in 2019 after an increase of 6.7% the previous year, India's Central Statistics Office says.

Mon, 07 Jan 2019 19:51:01 GMT

Rwanda spends $227M on disaster relief

The Rwandan government has spent $227M on relief services after natural disasters the previous year, an official report shows.

Mon, 07 Jan 2019 19:50:16 GMT

Taiwan exports to mainland rise 6.3%

Taiwan's exports to Hong Kong and the Chinese mainland increased 6.3% to $138.4B in 2018, a 41.2% of total exports, the island's finance authority reports.

Mon, 07 Jan 2019 19:30:04 GMT

New car sales rise slightly in Japan

New car sales in Japan increased 0.7% in 2018 to 5,272,067 units compared to the same period the previous year, the Japan Light Motor Vehicle and Motorcycle Association reports.

Mon, 07 Jan 2019 19:29:19 GMT

Italy household income grows slightly in Q3

The disposable income of households in Italy increased slightly in the third quarter of 2018 compared to the previous quarter, the National Institute of Statistics reports.

Mon, 07 Jan 2019 18:38:08 GMT

EU states plan to tighten supervision of investment firms

The European Union states agreed on Monday to tighten supervision of large investment firms based on their size, the Council of the EU reports.

Mon, 07 Jan 2019 18:36:06 GMT

Private sector loans reach 35.3% of Albania GDP

Private sector loans reached 35.3% of Albania's GDP in the third quarter of the previous year, the country's central bank reports.

Mon, 07 Jan 2019 17:13:38 GMT

Japanese new car sales up slightly last year

The new cars' sales volume in Japan rose 0.7% in 2018 to 5M units compared to the prior year, mainly amid brisk mini-vehicles sales, which neutralised declines in other categories, industry data showed.

Mon, 07 Jan 2019 17:09:17 GMT

Indian GDP to grow 7.2% in 2018-2019

The Indian economic growth rate is expected to stand at 7.2% in 2018-2019, figures released on Monday by the CSO revealed.

Mon, 07 Jan 2019 16:35:11 GMT

Italian household disposable income increases slightly in Q3

The consumer households' disposable income in Italy rose slightly in the Q3 of 2018 compared to the prior quarter, while their purchasing power declined, the ISTAT stated.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.