Powell says Fed can continue gradually raising rates

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Source: Dukascopy Bank SA
The newly-elected Fed Chairman Jerome Powell said on Tuesday that the Bank could continue gradually raising rates, pointing to the strong US economic outlook.
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Tue, 27 Feb 2018 16:02:38 GMT

US investors seek Washington approval to buy stake in Citgo

Sources close to the matter reported on Tuesday that a group of US investors was seeking approval from Washington to buy a nearly 50% stake in Citgo, an American refiner, controlled by Rosneft.

Tue, 27 Feb 2018 15:29:25 GMT

Fitbit's shares drop 14% on smartwatch weak demand

Shares in Fitbit plunged 14% on Tuesday, as the company's newly introduced smartwatch had failed to excite consumers, showing a sluggish demand for the device.

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