Markets

S&P 500 posts fifth week of gains as Wall St. hits records

S&P 500 posts fifth week of gains as Wall St. hits records The news sent all the three major US stock indexes sharply lower, but the S&P and Nasdaq quickly recovered to trade near flat. Investors grew more confident about economic growth, piling into shares of cyclical stocks during the week and unraveling bets on safer investments like Treasurys. [Full Article...]

Canadian Dollar: Loonie Sinks on Weak Jobs Report, Housing

Canadian Dollar: Loonie Sinks on Weak Jobs Report, Housing In October a year ago, Victoria's unemployment rate was 3.9%. The Canadian dollar weakened to a three-week low of $1.3232 to the US dollar, or 75.57 cents USA, after the jobs data was released. Ontario accounted for most of the roughly 23,000 manufacturing positions that were lost in the month. The decrease came as the local economy added 4,600 new jobs. [Full Article...]

Mercedes-Benz G-Class Is Getting An Electric Variant

Mercedes-Benz G-Class Is Getting An Electric Variant No ready date has been provided, of course, but given the power that will be needed to propel this heavy, resolutely un-aerodynamic vehicle, patience is in order. The AMG division plans to introduce the technology in several of the models that it adapts for enhanced performance. Chennai: At a time when the struggling auto market is still recovering, Mercedes-Benz, India's biggest luxury carm... [Full Article...]

Amazon founder Jeff Bezos reportedly interested in owning National Football League team

Amazon founder Jeff Bezos reportedly interested in owning National Football League team Billionaire investor and founder of Omega Partners Leon Cooperman told CNBC on Friday that he would back the former NYC mayor now that he is in the race. Bezos is not the only billionaire who has expressed interest in a Bloomberg campaign. "They're scared that under a Warren presidency, they would no longer have a government that caters to their every need". [Full Article...]

Amazon to build first Quebec fulfilment centre, create 300 jobs

Amazon to build first Quebec fulfilment centre, create 300 jobs By expanding in the province, Amazon hopes to "better serve its Quebec customers". "A giant just landed in Lachine, in Montreal, in Quebec", said Lachine Mayor Maja Vodanovic, citing the borough's central location as ideal for the tech giant. [Full Article...]

Alibaba eyes US$15 billion Hong Kong IPO

Alibaba eyes US$15 billion Hong Kong IPO Alibaba - which had roughly US$57 billion of cash and equivalents as of September - rode a national e-commerce boom that stemmed from an increasingly affluent middle class. That would be a welcome change for domestic Chinese investors who, because of an effective bar to owning shares overseas, have not been able to share in the success of Alibaba , and the other successful Chinese tech companies... [Full Article...]

Germany's goods exports September report is better than expected

Germany's goods exports September report is better than expected Carsten Brzeski, chief economist at ING Germany , said the figures suggested that "a technical recession is not a done deal" and that a third-quarter dip in output might be avoided "at the last minute". Despite the ongoing trade woes, German exports had a better-than-expected quarter. In the first nine months of the year, exports to the USA accounted for 9% of all German exports. [Full Article...]

Phoenix Group CEO Clive Bannister to retire

Briggs will join Phoenix as CEO-designate and board member on January 1, 2020 and will be tasked with continuing the insurer's growth, led by the takeover of many closed pension schemes from United Kingdom companies anxious to offload the long-term risks. [Full Article...]


« Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506