- Tue, 31 Dec 2019 16:42:49 GMT
Turkey shelves tax hike
Turkish authorities announced on Tuesday that the government would not impellent a tax hike on tobacco and alcohol.
- Tue, 31 Dec 2019 15:47:33 GMT
Asian shares decline
On Tuesday, Asian stock indices traded lower, as financial firms were locking in profits and losses for tax purposes.
- Tue, 31 Dec 2019 14:42:58 GMT
Xi Jinping addresses Hong Kong
The President of China Xi Jinping announced on Tuesday that he sincerely hopes for the best for the people of Hong Kong.
- Tue, 31 Dec 2019 13:42:32 GMT
Crude oil prices trade steady
On Tuesday, crude oil prices traded flat, despite being set for monthly and annual gains.
- Tue, 31 Dec 2019 13:03:43 GMT
European stock indices decline
During Tuesday's European trading, stock indices declined, as a stock sell off occurs each December 31, because investors book losses to reduce annual taxes.
- Tue, 31 Dec 2019 11:38:54 GMT
US Dollar eases
On New Year's Eve, the US Dollar declined in value, as the currency was set to book the smallest yearly returns since 2013.
- Tue, 31 Dec 2019 10:42:56 GMT
Huawei's revenue to rise 18%
Huawei Technologies stated that its revenue is likely to 18% in 2019 to $121.72B, lower than estimated earlier, as the US trade blacklisting restrained growth.
- Tue, 31 Dec 2019 09:51:54 GMT
Brazil's MoJ fines Facebook $1.6M
The Brazilian Ministry of Justice stated that it fined Facebook Inc nearly $1.6M for improperly sharing data of users.
- Tue, 31 Dec 2019 08:57:41 GMT
Commerzbank to buy extra stake in Comdirect
Commerzbank was in negotiations with Petrus Advisers to buy its 7.5% stake in Comdirect, aiming to take over the entire online bank.
- Tue, 31 Dec 2019 08:34:58 GMT
Nestle completes share buyback
Nestle completed a $20.7B share buyback program and revealed plans for another one up to the same amount starting in 2020.
- Tue, 31 Dec 2019 07:26:49 GMT
Ford: reservations full forMustang Mach-E
Ford Motor announced that there are full reservations for its first edition of electric sport utility car Mustang Mach-E.
- Tue, 31 Dec 2019 05:40:29 GMT
S&P raises Argentina's rating
The ratings agency Standard & Poor's on Monday raised the rating of Argentinian long term debt from SD to CC.
- Tue, 31 Dec 2019 05:31:06 GMT
Lockheed Martin hits production target
On Monday, Lockheed Martin announced that the company has reached its F-35 delivery target for 2019.
- Tue, 31 Dec 2019 04:30:46 GMT
SEC proposes easing of rules
During Monday's US trading hours, the US Securities and Exchange Commission proposed easing of rules that govern auditor independence.
- Tue, 31 Dec 2019 03:16:45 GMT
Oil hits high level
On Monday, crude oil price levels reached a three month high level. The surge was caused by US air strikes made in Iraq.
- Mon, 30 Dec 2019 20:51:30 GMT
Russia's FAS opens investigation into Booking.com
On Monday, the Federal Antimonopoly Service of Russia (FAS) said that it had opened an investigation into Booking.com.
- Mon, 30 Dec 2019 19:55:43 GMT
Crude oil prices hit three-month high
On Monday, crude oil prices hit a three-month high, buoyed by expectation of the US-China Phase 1 trade deal. Brent crude futures were up by 0.6% at $68.56 a barrel.
- Mon, 30 Dec 2019 18:58:19 GMT
Wall Street's main indexes slip from record highs
On Monday, Wall Street's main indexes declined from a record high, as investors and traders took profits on the final day of trading of the decade.
- Mon, 30 Dec 2019 18:04:37 GMT
WH says Trump and Putin discussed counter-terrorism
The White House said that the US President Donald Trump and the Russian President Vladimir Putin spoke by phone on Sunday to discuss counter-terrorism efforts and a potential arms control treaty.
- Mon, 30 Dec 2019 17:13:57 GMT
Navarro says US-China trade deal signing expected soon
Peter Navarro, the White House trade adviser, said on Monday that the United States and China would likely sign the phase 1 trade deal next week.
- Mon, 30 Dec 2019 16:08:35 GMT
Israel's M&A value falls 6% to $20.4B in 2019
The value of Israeli mergers and acquisitions in 2019 plunged 6% to $20.4B, despite the number of signed deals climbed 34% to 166, a report presented by Pricewaterhouse Coopers showed on Monday.
- Mon, 30 Dec 2019 14:55:31 GMT
Monzo close to raise up to £100M
Monzo, the British digital bank, is close to attracting between £50M to £100M within weeks, seeking to help fund the lender's rapid growth, a source familiar with the matter confirmed on Monday.
- Mon, 30 Dec 2019 14:05:31 GMT
India approves Huawei's participation in 5G trials
The Indian government granted its approval for the Chinese telecom giant Huawei Technologies' participation in the trials of the 5G network, a company spokesman stated on Monday.
- Mon, 30 Dec 2019 12:45:22 GMT
Tesla launches first China-made Model 3 sedans
Tesla announced it had launched delivery of its Model 3 electric vehicles produced at the Shanghai plant in just about a year since the $2.0B factory began its work, intending to accelerate deliveries starting the next month.