Markets

First TV ads advising against e-cigarettes use magic tricks

First TV ads advising against e-cigarettes use magic tricks As the FDA faces pressure to regulate e-cigarettes and prevent vaping among youth, Sharpless said the new TV ads are just one piece of the puzzle. Using the study data, the team measured how likely participants were to quit smoking and successfully stay off cigarettes, comparing daily and non-daily e-cigarette users with those who smoked only regular tobacco cigarettes. [Full Article...]

CBN Plans To Restrict Forex For Milk Importation

CBN Plans To Restrict Forex For Milk Importation Emefiele said in considering specific policy options of whether to loosen, tighten or hold, the committee ensured that it focused and considered that the growth of the economy was imperative and the management of price stability was sacrosanct. [Full Article...]

Forever 21 Criticised For Sending Diet Bars With Online Orders

Forever 21 Criticised For Sending Diet Bars With Online Orders USA Today reports that free samples of Atkins snack bars were found along with customers' delivered attire, with Jezebel noting that the low-carb Atkins treats are widely recognized as diet bars. Forever 21 in a statement said, " This was an oversight on our part and we sincerely apologize for any offense this may have caused to our customers, as this was not our intention in any way ". [Full Article...]

Iran tanker seizure: Owner makes first contact with crew

Iran tanker seizure: Owner makes first contact with crew Tensions in the region and in the Strait of Hormuz have been escalating in recent weeks, the latest incident being Iran seizing a British oil tanker on Friday. In a series of news flashes, Al Jazeera TV quoted Hossein Dehghan, a commander of Iran's elite Revolutionary Guards, as also telling the channel that Tehran would not negotiate with the USA administration under any circumstances and t... [Full Article...]

Boeing, Caterpillar stock drops a 55-point drag on the Dow

Boeing, Caterpillar stock drops a 55-point drag on the Dow Caterpillar shares are down 3% per-market after a poor report and Boeing is down 1% on a huge miss. Facebook, Amazon and Alphabet all traded lower in the pre-market after the Justice Department announced a broad anti-trust review of big tech companies. [Full Article...]

Emerging markets bright spot for Harley-Davidson

Emerging markets bright spot for Harley-Davidson India, where Harley-Davidson is still the largest premium motorcycle brand by volume , sales fell 21.6 per cent from 3,690 units in 2016 to 2,676 units sold in the first quarter of 2019. The European Union said it plans to increase duties on a range of US imports, including Harley-Davidson motorcycles, in retaliation for the Trump administration's new tariffs on EU metal exports. [Full Article...]

International Business: Boeing sinks to $3 billion loss on 737 MAX groundings

International Business: Boeing sinks to $3 billion loss on 737 MAX groundings The shares fell 1.5% to $367.55 at 9:37 a.m.in NY, the third-biggest drop on the Dow Jones Industrial Average. Boeing has sunk to a record loss of nearly $3bn as costs mount from the grounding of its 737 Max. The Federal Aviation Administration found a new problem in Boeing's Max plane in June, meaning it could be several more months before the plane is certified to fly passengers again. [Full Article...]

Economics - Markets wary of a surprise European Central Bank cut

Economics - Markets wary of a surprise European Central Bank cut MSCI's broadest index of Asia-Pacific shares outside Japan inched up 0.02 percent. The Dow Jones Industrial Average rose 177.29 points, or 0.65%, to 27,349.19, the S&P 500 gained 20.44 points, or 0.68%, to 3,005.47 and the Nasdaq Composite added 47.27 points, or 0.58%, to 8,251.40. [Full Article...]


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