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Jana Partners discloses 9.1% stake in Pinnacle Foods
Fri, 20 Apr 2018 07:32:08 GMT
 
Jana Partners, the activist investor, has taken a 9.1% stake in the US firm Pinnacle Foods on Thursday, sending the food distributor's shares up almost 8% to %59.75 on the >>
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Takeda's shares fall as investors worried on Shire deal
Fri, 20 Apr 2018 07:27:09 GMT
 
Shares of Japan's Takeda Pharmaceutical dropped about 5% on Friday amid investors' worries about the size of a deal the company would have to clinch to seal the Shire's purchase. >>
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Gold moves below long-term average
Fri, 20 Apr 2018 06:41:08 GMT
 
Contrary to expectations, the yellow metal was driven by bearish forces on Thursday. >>
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USD/JPY reaches two-month high
Fri, 20 Apr 2018 06:39:26 GMT
 
The trading session on Thursday did not introduce significant changes to the pair's position, as it remained fluctuating between the 55– and 100-hour SMAs and the weekly PP. >>
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GBP/USD plunges to trend-line
Fri, 20 Apr 2018 06:36:56 GMT
 
Following a 121-pip fall mid-Thursday, the Sterling entered a minor period of consolidation slightly below the 200-hour SMA. >>
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EUR/USD: bulls restricted by resistance cluster
Fri, 20 Apr 2018 06:35:14 GMT
 
The common European currency was trading along the 55– and 100-hour SMAs and a junior channel on Thursday morning. >>
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Oil remains strong on Friday
Fri, 20 Apr 2018 06:18:51 GMT
 
Oil prices edged slightly lower but were still located near three-year highs on Friday, as they were boosted by strong demand and OPEC supply cuts. >>
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GM in talks with South Korean labour unit on Friday
Fri, 20 Apr 2018 06:13:21 GMT
 
The South Korean unit of General Motors is set to hold talks with its labour union on Friday in order to avoid bankruptcy threats. >>
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Canada seeks progress on auto file at NAFTA negotiations
Fri, 20 Apr 2018 02:54:43 GMT
 
Canada's, Mexico and the US minister aiming to revamp the NAFTA deal made a progress in one of the most vital questions of autos, Canadian FM stated. >>
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BoJ Kuroda sees protectionism as risk to recovery
Fri, 20 Apr 2018 02:53:59 GMT
 
Haruhiko Kuroda, the Bank of Japan Governor, stated that rising protectionism was emerging as higher risk to the country's economic recovery. >>
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IMF, EU mull debt relief for Greece
Fri, 20 Apr 2018 02:30:33 GMT
 
The International Monetary Fund and the Euro zone were discussing options for Greek debt relief in the future, but were not talking about bailout extension, EZ officials stated. >>
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Germany's expansion to slow in Q1
Fri, 20 Apr 2018 02:29:47 GMT
 
Germany's economic growth is expected to slow in the March quarter, though the upswing in the economy is likely to remain robust, the Finance Ministry stated. >>
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Canada's airline profits to fall this year
Thu, 19 Apr 2018 20:03:14 GMT
 
Canadian airline profitability, which managed to reach the 20-year high in 2017, is likely to soften this year amid higher labour and fuel costs. >>
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Austria to function as bridge between China-EU Silk Road
Thu, 19 Apr 2018 20:02:20 GMT
 
Austria announced the intention to act just as a bridge linking Europe and China, attracting investments and laying the ground for trade on the Silk Road. >>
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BoE Carney weakens expectations for rate hike in May
Thu, 19 Apr 2018 19:30:16 GMT
 
Mark Carney, the Governor of the Bank of England, dampened expectations for an increase of interest rates in May, adding that there were other meetings this year. >>
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