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Creditors to try selling Jet Airways again
Tue, 16 Jul 2019 20:03:14 GMT
 
According to sources familiar with the matter, lenders of Jet Airways will make another attempt to sell the insolvent airline for at least $1.24B. >>
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Von der Leyen ready to work with any UK leader
Tue, 16 Jul 2019 19:31:23 GMT
 
Ursula von der Leyen, the new head of the European Commission, stated on Tuesday that she would try to find a mutually beneficial solution to the Brexit with any British >>
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Von der Leyen gets official support
Tue, 16 Jul 2019 18:28:53 GMT
 
On Tuesday, the German parliament has supported Ursula von der Leyen's candidacy for the post of the European Commission President. >>
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Atlanta Fed raises US GDP forecast to 1.6% in Q2
Tue, 16 Jul 2019 17:15:14 GMT
 
The Atlanta Fed's GDPNow forecast revealed that the US economy grew at a 1.6% annualised rate in the Q2 based on better-than-forecast retail sales and industrial output data, whic came >>
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Wells Fargo reports higher profit
Tue, 16 Jul 2019 16:36:21 GMT
 
Wells Fargo posted higher quarterly profit, with 6% rise in wholesale bank and 26% growth in community bank segments, thanks to cost controls and increase in loans. >>
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US manufacturing production up in June
Tue, 16 Jul 2019 15:32:45 GMT
 
The US manufacturing production accelerated 0.4% in June, climbing for the second straight month and surpassing 0.2% forecast, owing to higher output of motor vehicles and parts, the Fed reported. >>
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SoftBank-backed Oyo acquires Innov8 for $30M
Tue, 16 Jul 2019 13:59:07 GMT
 
Oyo, the Indian hotel start-up backed by SoftBank, announced on Tuesday it had acquired Innov8, the local co-worker venture, as the hospitality chain was seeking to enter the commercial real >>
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Barclays views Carrefour-Casino deal possible
Tue, 16 Jul 2019 13:34:16 GMT
 
On Tuesday, Barclays stated that a merger between two French biggest retailers Casino and Carrefour could be possible, sending Casino's shares up almost 2% on the statement. >>
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JPMorgan reports better-than-expected quarterly profit
Tue, 16 Jul 2019 12:39:42 GMT
 
On Tuesday, JPMorgan Chase & Co reported its quarterly profit rose 16% to $9.65B, beating analysts' estimates, as a modest loan increase and higher interest income had made up for >>
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Gold remains unchanged
Tue, 16 Jul 2019 12:03:24 GMT
 
On Tuesday, the yellow metal continued to trade in the previous day's trading range. The metal could be observed to be kept up by the technical support of the 55, 100 >>
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USD/JPY remains above 107.80
Tue, 16 Jul 2019 11:57:17 GMT
 
On Tuesday, the USD/JPY remained above the support levels near 107.80. In general, the rate was expected to be squeezed in between the mentioned support level and the resistance of >>
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Samsung, SK Hynix call on local firm to bolster chemicals supply
Tue, 16 Jul 2019 11:38:35 GMT
 
Samsung Electronics and SK Hynix have called on the South Korean local supplier to bolster the key chipmaking chemical supply to guard against possible disruptions of production. >>
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GBP/USD plummets on Tuesday
Tue, 16 Jul 2019 11:21:00 GMT
 
Due to fundamentals, the GBP/USD plummeted on Tuesday. Although, the decline occurred in the aftermath of the rate passing most technical support levels. By the time of publication the >>
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EUR/USD traders profit
Tue, 16 Jul 2019 10:54:21 GMT
 
On Tuesday, the EUR/USD plummeted, as soon as the 100-hour simple moving average's technical support was passed. By the middle of the day's London trading hours, the currency exchange rate had >>
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Gold remains near previous levels
Tue, 16 Jul 2019 10:25:28 GMT
 
By the middle of Tuesday's London trading session, the yellow metal's price was located near previous day's trading levels, as the hourly simple moving averages had managed to keep the >>
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