Notizie dall'azienda

Oil declines for three consecutive days on pressing concerns of coronavirus

Oil prices sunk to lowest level in seven weeks on Thursday dragged by anxiety that contagion of China’s new strain of virus may reduce fuel demand. In line, figures disclosed that United States’ oil inventories advanced last week. ...
23.01.2020

Ford estimates a $2.2 billion pre-tax hit in fourth quarter due to pension plans

Ford Motor Co said that its fourth quarter earnings will be affected by a pre-tax loss of up to $2.2 billion caused by a higher contribution to its employees’ pension plans. The higher contribution was due to a decrease in discount rates, ...
23.01.2020

Yen rises, yuan sinks over China virus anxiety; Aussie gains on strong data

The Japanese Yen advanced and Chinese Yuan plummeted on Thursday, as traders remained cautious on China’s Coronavirus. The Australian Dollar recuperated from previous inactivity over strong employment statistics. The Safe-haven Yen increased ...
23.01.2020

Asian stocks drop as China’s containment plan puts Wuhan city in lockdown

Asian stocks drop as China’s containment plan puts Wuhan city in lockdown Asian stocks had dropped on Thursday morning after China issued a travel suspension in the entire city of Wuhan to prevent the spread of the Coronavirus. Both the ...
23.01.2020

Australian employment rate outpaces forecasts, analysts throw in the towel on February rate cut

Australian employment rate outpaces forecasts, analysts throw in the towel on February rate cut Australian employment outpaced forecasts for a second month in December pushing the unemployment rate to a nine-month low – a much-needed ...
23.01.2020

Malaysia to purchase more sugar from India to resolve dispute

Malaysia’s leading sugar producer disclosed its plan of purchasing higher volume of sugar from India, with sources saying that the scheme is an attempt to resolve its ongoing feud with New Delhi over palm oil exports.   MSM Malaysia ...
23.01.2020

US and Canadian oil company bankruptcies rise 50% in 2019

Oil and gas company bankruptcies in the U.S. and Canada surged 50% compared to last year, according to a report by Haynes and Boone law firm. The figure is likely to go higher as a decline in energy prices continue to rock producers. U.S. and ...
23.01.2020

Oil prices fall as market surplus estimate eases Libya worries

Oil prices decline on Wednesday as the International Energy Agency (IEA) predict surplus in the first half, easing concerns on the decreased Libya crude output. Brent crude declined 0.4%, or 24 cents, at $64.35 a barrel at 0309 GMT. US oil ...
22.01.2020

Netflix 2020 outlook tougher than 2019 as Disney+ gains traction

Netflix started the year struggling as increased level of competition dominated the streaming market.  Such is expected to give the online streaming service a tougher year than 2019. Global growth aided the streaming video service from ...
22.01.2020

Yuan, Aussie dollar suffer from coronavirus concerns

TOKYO- The yuan sunk down and Australian dollar recorded a six consecutive weeks of decline on Wednesday as investors grew wary that the new strain of virus in China would lead to a slower economy. The coronavirus has already reached Beijing ...
22.01.2020

Tesla reaches $100 billion stock market valuation

Tesla Inc became the first publicly listed US carmaker to reach $100 billion worth in stock market valuation in extended hours trading on Tuesday. This came a month after the electric car maker’s stock reached $420, on which CEO Elon ...
22.01.2020

Japan recovers from initial virus-related losses, issues still remain

Japan recovers from initial virus-related losses, issues still remain Japanese shares made humble gains on Wednesday as investor panic about China’s coronavirus outbreak eased. While hygiene-related firms continued to be in demand, pressure ...
22.01.2020

China stocks slip as virus outbreak raises trader concerns

China stocks slip as virus outbreak raises trader concerns Asian stock markets rebounded on Wednesday as China’s response to a virus outbreak fanned fears of a global pandemic. Shanghai shares dipped amid worries that impact would dampen ...
22.01.2020

Indonesia central bank to continue accommodative policy to boost monetary growth

Indonesia central bank to continue accommodative policy to boost monetary growth Indonesia’s central bank plans to maintain its accommodative monetary policy this year to support economic growth, said Bank Indonesia Governor Perry Warjiyo ...
22.01.2020

China will boost purchase of US imports according to 'market principles'

China will push negotiations with American companies in raising US importation of goods and products with consideration to market principles, said an official with state planner. Spokesperson for the Chinese National Development and Reform ...
21.01.2020

Oil prices retreat as concerns on supply diminish

SINGAPORE- Oil prices inched down on Tuesday as investors paid little attention to previous supply concerns following Libya’s declaration of a force majeure on two oilfields.                 ...
21.01.2020

Asian shares grow wary on Virus threat in China

SYDNEY- Asian shares slipped on Tuesday as growing concerns about a recently discovered strain of coronavirus in China swiped in risks in Asian financial markets.                 ...
21.01.2020

Yen climbs, yuan falls as stocks drop due to China virus outbreak

The Japanese yen climbed while Chinese yuan fell against US dollar as news of coronavirus outbreak in China raised concerns among investors, causing Asian stocks to fall. The yuan fell against the USD in onshore and offshore trade as the fourth ...
21.01.2020

Oil prices rise as Libya shuts down crude production

Oil prices rise as Libya shuts down crude production Oil prices soar to its highest in more than a week on Monday after Libya began halting operations on two of its major production bases through military blockades, potentially reducing national ...
21.01.2020

Global FDI dips amid Hong Kong divestment and Brexit uncertainties: UN

Global FDI dips amid Hong Kong divestment and Brexit uncertainties: UN Global direct foreign investment (FDI) dipped slightly last year after being knocked back by a massive divestment in Hong Kong and Brexit uncertainties, the United Nations ...
21.01.2020
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