Markets

Disney’s new streaming service may impact Netflix’s subscriber base

Disney’s new streaming service may impact Netflix’s subscriber base The survey was conducted on the heels of Disney unveiling the streaming service proper in April. The prices were hiked for the new Netflix subscribers in January and it has recently been rolled out for existing customers in the US, Brazil, Mexico, and parts of Europe. [Full Article...]

Cenovus Energy cuts 2019 oil sands production guidance, misses estimates

Cenovus Energy cuts 2019 oil sands production guidance, misses estimates With time and experience, many traders will use a combination of various indicators when setting up their persona charts. Cenovus moved 20,000 barrels of oil per day on railway cars at the beginning of April, but Pourbaix said new tank cars were arriving and the company would be ramping up shipments to 100,000 bpd by the end of the year. [Full Article...]

Second-biggest diamond in history found, but it's not that great

Second-biggest diamond in history found, but it's not that great Canadian firm Lucara Diamonds has announced the recovery of a 1,758 carat diamond from its Karowe Diamond Mine located in Botswana. The biggest diamond ever discovered is the 3,106-carat Cullinan, found in South Africa in 1905 - that was found before industrial mining began. [Full Article...]

Ford under criminal investigation for emissions certification program

Ford under criminal investigation for emissions certification program At the end of the filing is a mention of a potential concern relating to Ford's US emissions certifications process. Ford also notified additional state and federal agencies and is cooperating with officials, but the automaker could not yet make an estimate of any cost to the company as a result of the investigations. [Full Article...]

Trump says he's spoken to Saudi Arabia about increasing oil flow

Trump says he's spoken to Saudi Arabia about increasing oil flow Brent crude futures, the leading oil price index, dropped some $2.7 to $71.63 a barrel, the largest one-day drop since December 18. West Texas Intermediate crude fell $2.20, or 3.4 percent, to $63.01 a barrel, a three-week low. OPEC Chief Barkindo said he hasn't spoke with Trump, according to a report. USA oil drillers this week cut the most rigs since the week to January 18, down 20 rigs to a... [Full Article...]

Mopar opens 'Hellephant' crate engine pre-orders to celebrate Hemi Day

Mopar opens 'Hellephant' crate engine pre-orders to celebrate Hemi Day And Mopar fans can celebrate in style by pre-ordering the new 426-cubic-inch supercharged "Hellephant" crate engine-the first 1,000-horsepower transplant ever offered by an OEM. There are other accessories including an expansion kit for an air-conditioner, plus installation kits for a custom exhaust manifold, rear sump oil pan, and 45-degree oil filter. [Full Article...]

Ford shares surge as United States pickup sales stay strong

Ford shares surge as United States pickup sales stay strong However, soon after the company released its fourth-quarter results after the closing bell , its stock recovered sharply in the after-hours trading session with a 7.1% rise to $10.07. Ford also made a small profit in Europe thanks to cost-cutting, and the profit at its financing arm also grew. Ford Motor Co.'s long-awaited turnaround is starting to gain traction as high-profit trucks and deep c... [Full Article...]

Inflation stalls, door ajar for rate cut

Inflation stalls, door ajar for rate cut Trading has been limited so far on Thursday due to bank holidays in Australia and New Zealand. The inflation data miss, with first-quarter prices stagnant, adds to other signs of a slowing economy that has been sapped by a property market slowdown and the U.S. [Full Article...]


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