American Airlines pilots expect to test Boeing Co's 737 MAX software fix on simulators this weekend, the pilots' union told Reuters on Thursday, a key step in restoring their confidence in the jet after two fatal crashes. […]
Asian shares hit 6-1/2-month highs on Friday after upbeat U.S. data and optimism in the tech sector lifted Wall Street stocks, helping calm some of the jitters sparked by the Federal Reserve's cautious outlook on the world's biggest economy. […]
Investors in Hyundai Motor Group companies rejected on Friday Elliott Management's demands for a massive special dividend and board seats, dealing a blow to the U.S. hedge fund's campaign to shake up South Korea's second-biggest family-run conglomerate. […]
Mexico's deputy finance minister said on Thursday the government was considering using part of a $15.4 billion public income stabilization fund to pay some debt obligations for heavily leveraged state oil company Pemex. […]
Tesla Inc's vehicle deliveries scheduled across Europe, China and North America should be a "primary priority" for all employees during the last 10 days of the first quarter, Chief Executive Officer Elon Musk said in an email to employees on Thursday. […]
A notable stall in risk trends after the Fed’s dovish shift has lifted with a bounce from US equities. Is it enough for a risk run? What will PMIs do for growth concerns? Will Brexit talk keep Sterling off kilter? […]
Eisai Co Ltd's shares were untraded on Friday, hit with a glut of sell orders after the Japanese drugmaker and its partner Biogen Inc said they are ending two drug trials of their experimental Alzheimer's disease drug aducanumab. […]
Investors are betting on heightened political uncertainty and greater volatility in European stock markets ahead of European Parliament elections in May amid growing concerns about rising populism. […]
Uber Technologies Inc and Pinterest, two of the highest profile internet companies planning to go public this year, have picked the New York Stock Exchange as the venue for their stock listings, according to sources familiar with the matter. […]
Three in four Japanese companies expect U.S.-China trade frictions to last until at least late this year, a sharp contrast to market hopes that presidents Donald Trump and Xi Jinping might soon strike a deal to end their damaging trade war, a Reuters poll found. […]
Nike Inc reported quarterly revenue that failed to beat Wall Street estimates for the first time in over a year, as sales fell short of expectations in its biggest market of North America, sending its shares tumbling 5 percent on Thursday. […]
A federal judge on Thursday rebuffed a request by hotel chains including Hyatt Hotels Corp, Marriott International Inc and Wyndham Hotel Group to throw out a class-action suit accusing them of conspiring not to compete with one another online. […]
Apple Inc is expected to launch an ambitious new entertainment and paid digital news service on Monday, as the iPhone maker pushes back against streaming video leader Netflix Inc. But it likely will not feature the New York Times Co. […]
Shares in Levi Strauss & Co surged 31 percent in their debut on Thursday, giving the jeans maker a market value of $8.7 billion and suggesting strong investor appetite before much-awaited listings from Lyft and Uber. […]
Boeing Co plans to offer as standard a safety feature that might have warned earlier of problems that possibly played a role in the crashes of Ethiopian and Indonesian planes that killed almost 350 people, two officials briefed on the matter said on Thursday. […]
Boeing Co said on Thursday that production lines will not "pulse" or move airframes forward for three days next week at its 737 factory to allow workers to catch up on work that was previously delayed. […]
Boeing Co will mandate a previously optional cockpit warning light as part of a forthcoming software update to the 737 MAX fleet that was grounded in the wake of two fatal crashes, two officials briefed on the matter said Thursday. […]
Tesla Inc filed a lawsuit on Thursday against a former engineer at the company, claiming he copied the source code for its Autopilot technology before joining a Chinese self-driving car startup in January. […]
As Wall Street stages a broad rally the day after the Fed decided not to raise interest rates this year, Spartan Capital Securities' chief market economist tells Reuters' Fred Katayama investors should buy this market on the dips. […]
The abandonment of Biogen’s Alzheimer’s drug, which cost it $18 billion in market value, follows the failure of similar efforts by others. It’s a potentially huge market, but a tough one to crack. Rob Cyran explains why investors may have been too optimistic. […]
Traders on the floor of the New York Stock Exchange donned Levi's jeans and jackets on Thursday as the iconic company officially went public for the first time in decades. Rough Cut (no reporter narration). […]
Henrietta Treyz, Veda Partners Director of Economic Policy, says although the business community want tariffs to end, D.C. politicians are comfortable with them. Ira Jersey, Bloomberg Chief U.S. Interest Rates Strategist, and Jeanna Smialek, Bloomberg Economy Reporter, highlight the Fed's cautiousness. Lindsey Piegza, Stifel Chief Economist, thinks the economy is shifting gears but it's at a very early stage. Francine Lacqua, Bloomberg Surveillance Anchor, updates us on Brexit talks from Brussels at the European Leaders Summit.&nbs […]
American whiskey exports slumped in the second half of 2018, taking a blow from higher duties by the country’s trading partners following President Donald Trump’s tariffs on steel and aluminum imports, an industry group said on Thursday. Yahaira Jacquez reports. […]
British Prime Minister Theresa May heads for Brussels to request an extension to Brexit, a day after delivering an address urging lawmakers to vote through her withdrawal deal. But, as Francis Maguire reports, as Brexit clouds gather there was a bright spot in the latest readings on the economy. […]
Record flooding has devastated a wide swath of the Midwest Farm Belt where many farmers have been struggling due to a U.S.-China trade war. Early estimates of lost crops and livestock, in the aftermath of the floods, are approaching $1 billion in Nebraska alone. Jillian Kitchener reports. […]
Atlas Capital has not, until today, settled its obligations arising from the investment and ancillary services provided to its clients.
The post CySEC announces launch of payment process by Investor Compensation Fund for ACFX clients appeared first on FinanceFeeds. […]
UK Finance members reported 84,624 incidents of authorised push payment scams with gross losses of £354.3 million in 2018.
The post UK Finance report reveals £50.1m lost due to investment scams in 2018 appeared first on FinanceFeeds. […]
China's Geely Automobile Holdings posted an 18 percent jump in annual net profit, driven by higher sales of its sedans and sports utility vehicles (SUVs). But, as Francis Maguire reports, Geely forecast flat sales growth in 2019 due to uncertainty about domestic demand. […]
Shares in Asia rose on Thursday after the U.S. Federal Reserve abandoned forecasts for any rate hikes this year, but European stock markets fail to get a lift as the banking sector weighs up the prospect of a continued era of low rates. David Pollard reports. […]
The US dollar is on the backfoot after last night’s dovish FOMC pulled the rug from under the greenback. Coming up, the Bank of England’s latest policy decision will be confined by ongoing Brexit chaos. […]
Nausicaa Delfas, Executive Director of International at the FCA, updates on preparations for Brexit.
The post Over 1,000 EU firms and fund managers have decided to enter Temporary Permissions Regime, FCA exec says appeared first on FinanceFeeds. […]
Bank of England (BoE) officials are likely to vote unanimously to keep the benchmark interest rate unchanged at 0.75% as Britain tries to overcome the political gridlock it faces. GBPUSD was trading a little stronger yesterday as the Fed rejected any rate hikes this year. […]
A Netflix experiment that began with viewers picking a movie character's breakfast cereal may expand to letting the audience choose the best on-screen date or the safest path to escape an ax murderer. Yahaira Jacquez reports. […]
The company registered a 12% quarter-on-quarter drop in net trading revenues attributing the decline to lower volatility.
The post IG Group registers drop in revenues in Q3 FY19 appeared first on FinanceFeeds. […]
Kevin Whylie violated Nadex rules when he failed to notify the Exchange that he was subject to regulatory proceedings before the CFTC and that he had his trading privileges suspended.
The post Nadex bans trading member over failure to disclose he was subject to CFTC enforcement action appeared first on FinanceFeeds. […]
Australian Court has issued orders restraining Forex Capital Trading from transferring any property, including client money, overseas.
The post ASIC secures interim injunctions against Forex Capital Trading appeared first on FinanceFeeds. […]
NOK traders will be on their toes as the Norges Bank prepares to release its rate decision which many are anticipating will be a hike. However, after today’s FOMC meeting, the question is can they afford to? […]
The S&P 500 and the Dow ended lower Wednesday as interest rate-sensitive financial stocks dragged down the indexes after the Federal Reserve affirmed a dovish monetary policy stance. Fred Katayama reports. […]
The penalty stems Wells Fargo Securities's disclosure failures associated with a municipal bond offering it underwrote to finance startup video game company 38 Studios.
The post Court orders Wells Fargo Securities to pay over $800,000 for bond offering disclosure failures appeared first on FinanceFeeds. […]