USD/JPY Technical Analysis: Strong USD on Interest Rates
Despite three consecutive trading sessions, during which the price of the USD/JPY was subjected to sell-offs, it moved towards the support level 126.92 and settled […]
Mattel blows past sales estimates as retailers load up on Barbies, Hot Wheels
By Uday Sampath Kumar and Deborah Mary Sophia Reuters – Mattel Inc beat Wall Street estimates for quarterly sales on Wednesday, extending a strong run […]
Ford posts first-quarter loss, maintains full-year profit outlook on strong pricing
DETROIT Reuters Ford Motor Co on Wednesday maintained its profit forecast for the year, citing strong pricing for its vehicles. The automaker reported betterthanexpected results […]
PayPal cuts annual profit view as macroeconomic challenges mount
Reuters – PayPal Holdings Inc lowered its fullyear profit view on Wednesday, signaling that payments volumes at the company could take a hit from surging […]
Argentina seeking $10 billion investment to jump-start LNG exports, minister says
By Eliana Raszewski BUENOS AIRES Reuters – Argentina, battling a deep and costly energy deficit, is looking to attract some 10 billion in private investment […]
Hertz foresees strong summer rental demand, beats Wall Street expectations
By Tina Bellon Reuters – Hertz Global Holdings Inc new chief executive on Wednesday said he expects Americans pentup desire for a summer vacation to […]
Explainer-What charges do Archegos founder and former CFO face？
By John McCrank NEW YORK Reuters – Federal prosecutors on Wednesday charged Archegos Capital Management founder Bill Hwang with 11 criminal counts and the private […]
U.S. economy still ‘very, very strong,’ despite expected drop in GDP growth-official
WASHINGTON Reuters – U.S. data due out Thursday is expected to show slower economic growth in the first quarter, mainly due to a less robust […]
Heineken set to invest $360 million in new brewery in Brazil
SAO PAULO Reuters – Heineken NVs Brazilian arm is set to invest 1.8 billion reais 360.73 million in a new production facility in Minas Gerais […]
Global stock markets suffered heavy losses across the board, Tesla plummeted 12% to lead technology stocks
Fed Chairman Jerome Powell already announced a rate hike in March, the first time since at least 1994 that the central bank has started a […]