Markets

by | October 04, 2019 | 08:39

Executives at the payment companies believe Facebook oversold the extent to which regulators were comfortable with the project and are anxious about the perception the social network hasn't behaved responsibly in other areas - such as how it has handled user data and privacy, the people said .

by | October 03, 2019 | 19:52

The Corvette Convertible's top uses two composite pieces that separate in the folding process. Chevrolet US vice-president of Performance and Motorsport, Jim Campbell, said that the C8.R is a collaboration between GM Design, Propulsion, Engineering and the Corvette Racing team.

by | October 03, 2019 | 19:51

On Tuesday, The Verge printed textual content and leaked audio it says was from a latest inside conferences on the Menlo Park, Calif-based tech behemoth, the place Zuckerberg fielded questions amid a barrage of antitrust probes and requires the corporate to separate itself up.

by | October 03, 2019 | 19:12

According to documents filed in USA bankruptcy court on Tuesday, most of the stores will begin store closing sales this fall, with the goal of shutting down completely by December 31. Forever 21 has 800 stores worldwide and plans to close nearly 200. Founded in 1984, the retailer has 815 stores in 57 countries. A manager at the Guelph location said on Tuesday that they've been informed about the news and don't have details yet on when the local store will be closing.

by | October 03, 2019 | 18:39

Tesla shares took a hit Wednesday evening after the electric-car maker's third-quarter vehicle deliveries fell short of expectations. The company " has a shot " at delivering 100,000 cars for the next quarter, which works out to nearly 8,333 cars per week.

by | October 03, 2019 | 18:25

Activity in the euro area's services sector cooled more quickly than expected last month, to its slowest pace year-to-date, amid weakening export trade and with companies running down their order backlogs, to the point that economic growth overall may have ground to a halt and with Germany entering a recession, the results of closely-followed surveys found.

by | October 03, 2019 | 17:10

On the supply chain front, he said manufacturers needs to make decisions on investment, as there is no indication the U.S. He added that coupled with factory declines overseas, the global economy was also at risk next year. Powell said last month trade policy tensions, which "have waxed and waned, and elevated uncertainty is weighing on USA investment and exports". Nevertheless, the data does show that the economy is still growing, but at a slower rate than before.

by | October 03, 2019 | 15:26

The U.S. Trade Representative is expected to move quickly to narrow down a preliminary list of goods in line for tariffs, two U.S. sources said. But no tariffs will be imposed on EU-made aircraft parts used in Airbus' Alabama assembly operations or those used by rival USA planemaker Boeing Co BA.N , safeguarding US manufacturing jobs.

by | October 03, 2019 | 15:27

A controversial compromise to resolve the problem sank former U.K. Prime Minister Theresa May. A law passed by his opponents in parliament forces him to delay Brexit unless he strikes a deal, but Johnson has said further delay is "pointless and expensive".

by | October 03, 2019 | 13:58

Google You Owe Us , led by advocate Richard Lloyd , brought the case on behalf of at least 20,000 iPhone users whose privacy settings may have been circumvented between 2011 and 2012. At the time, it was the largest fine ever imposed on a single company by the US Federal Trade Commission. However, following a challenge by Lloyd, three judges at the Court of Appeal concluded the legal action can go ahead.

by | October 03, 2019 | 11:40

Now, Samsung has completely shut down its only smartphone factory in the country. Samsung controlled more than 20% share of the market in the hay days but as Chinese brands continue to surge in growth, the Korean company continued to lose market share.

by | October 03, 2019 | 11:14

In search of safety, investors piled into USA government bonds and sent yields sliding for a second straight day. Declining issues outnumbered advancing ones on the NYSE by a 3.56-to-1 ratio; on Nasdaq, a 2.75-to-1 ratio favoured decliners.

by | October 03, 2019 | 08:54

Mr Frydenberg said Australia's historically low interest rate reflects global trends. Analysts at Wells Fargo, expect the Reserve Bank of Australia ( RBA ) to continue its easing cycle into 2020 and downward pressure to remain on the Australian Dollar for the time being.

by | October 03, 2019 | 08:35

More layoffs have plagued General Motors amid the United Auto Workers union strike. The statements on "comprehensive proposals" indicate the talks have shifted into a higher gear as the dispute is taking a toll on both the automaker and striking UAW workers, whose $250 a week from the union strike fund is a fraction of their normal pay.

by | October 03, 2019 | 04:20

Charles Schwab announced Tuesday that it will eliminate online fees for stock, exchange-traded fund, and options trades made on USA and Canadian exchanges. Online trade commissions have been $4.95. As recently as the beginning of 2017, Schwab charged $8.95 per trade before cutting trading commissions to $6.95, $4.95 and then eliminating them all together this week.

by | October 03, 2019 | 00:27

Wheat, which faced some fundamental pressure from fresh signs of weak export demand for USA supplies, had risen for four sessions in a row. At 11:33 a.m. The outlook is uncertain, there are some Chinese purchases, but the U.S. "China has great market demand for high-quality USA farm products and has high complementarity with the United States in the field of agriculture", MOC spokesperson Gao Feng said, expecting the two sides to make joint efforts and take concrete actions to create ...

by | October 02, 2019 | 19:57

It was widely expected after the company postponed the share sale earlier in September, following pushback from prospective stock market investors over its widening losses and Neumann's unusually firm grip on the company. The Japanese conglomerate has invested about $10.7 billion in WeWork since the start of 2017 and holds two board seats. Neumann is stepping down, in the interest of the company, he says.

by | October 02, 2019 | 19:53

Watch Flutter and The Stars Group trade live. Flutter and The Stars Group , which generated combined revenues of $4.7 billion past year, plan to offer gambling products such as online sports betting , fantasy sports, and online poker.

by | October 02, 2019 | 19:52

Swiss bank UBS published its 2019 Global Real Estate Bubble Index on Monday, revealing which cities around the world are fairly valued, as well as those that are facing the greatest risk of a real estate bubble. "The introduction of taxes on foreign buyers, vacancy fees and stricter rent controls seem to have taken effect". The bank cited effective regulatory tightening as a key driver that led to prices remaining at the same level as 2012 such as the introduction of additional buyer stamp ...

by | October 02, 2019 | 19:45

China's official purchasing managers' index rose to 49.8 in September, slightly better than expected, and advancing from 49.5 in August. "Traders are clearly not particularly concerned about risk premiums in oil.Instead, the focus again seems to be shifting back to the demand dynamics and the risk of further downgrades as the global economic slowdown takes hold", he said .