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Lufthansa signs $249M deal to buy Air Berlin parts
Thu, 12 Oct 2017 14:26:10 GMT
On Thursday, Lufthansa signed a $249M deal to acquire large parts of the insolvent Air Berlin, saying it was planning to quickly expand the Eurowings budget business. >>
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Amazon to employ 120K workers in US for holiday season
Thu, 12 Oct 2017 14:16:38 GMT
Amazon is planning to hire 120K workers for the holiday season in the United States as the company is preparing for the shopping frenzy during the festive period. >>
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NZD/USD remains near 200-hour SMA
Thu, 12 Oct 2017 13:36:42 GMT
Following a short-term consolidation period in force since October 6, the Kiwi finally managed to break out of its narrow trading range and test the 200-hour SMA. >>
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USD/CAD recovers intraday losses
Thu, 12 Oct 2017 13:35:30 GMT
USD/CAD was restricted by a strong resistance area formed by the 200-, 55– and 100-hour SMAs and the weekly PP circa 1.2520. >>
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AUD/USD faces strong support area
Thu, 12 Oct 2017 13:34:05 GMT
The AUD/USD exchange rate was moving sideways for two trading sessions, as it was unable to move past the weekly PP at 0.7796. >>
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EUR/JPY rebounds after surge
Thu, 12 Oct 2017 13:32:41 GMT
The second half of Wednesday's trading session was dominated by bulls which managed to push the rate up to the weekly R2 at 133.58. >>
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Apple gets permission to build data centre in Ireland
Thu, 12 Oct 2017 13:26:27 GMT
On Thursday, the Irish Court granted Apple its permission to build a $1B data centre in Ireland, following a two-year planning postponement that could put its reputation with investors in >>
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US initial jobless claims drop 15K last week
Thu, 12 Oct 2017 13:16:24 GMT
The number of applications for US unemployment benefits fell 15K to 243K in the week ending October 7, compared to the prior month's downwardly revised reading of 258K. >>
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Thousands Vietnamese evacuated amid floods
Thu, 12 Oct 2017 12:34:20 GMT
At least 46 people were killed and 33 missing in a devastating disaster as landslides and floods hit central Vietnam, forcing the government to evacuate the citizens. >>
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Sky shareholders back Murdoch's re-election as chairman
Thu, 12 Oct 2017 12:28:27 GMT
Sky's chairman James Murdoch will stay at his current position as the company's shareholders supported his re-election on Thursday. >>
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GBP/AUD 4H Chart: Large Triangle
Thu, 12 Oct 2017 11:57:56 GMT
Recently the Pound reversed its direction against the Australian Dollar and formed a medium term channel patter, which just recently did something that was largely unexpected. >>
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EUR/CHF 4H Chart: Fibo Rebound Channel
Thu, 12 Oct 2017 11:55:59 GMT
The common European currency has recently formed a narrow ranged ascending channel pattern against the Swiss Franc on the four hour charts. >>
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Egypt prolongs state of emergency
Thu, 12 Oct 2017 11:05:26 GMT
Cairo extended its state of emergency for three more months, starting October 13, following two church bombings in April that left 45 people dead, the official media reported on Thursday. >>
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HSBC appoints Flint as next CEO
Thu, 12 Oct 2017 10:54:24 GMT
On Thursday, HSBC picked up the head of its wealth and retail management business John Flint as the bank's next Chief Executive to replace the outgoing CEO Stuart Gulliver. >>
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Industrial production in Euro zone rises to solid 1.4% in August
Thu, 12 Oct 2017 10:08:18 GMT
Industrial production in the Euro zone grew 1.4% month-on-month in August – a reading well above the forecast of 0.6%, Eurostat reported on Thursday. >>
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