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News & Updates
Mitsubishi Motors’s shares were untraded on Thursday as they were swamped with sell orders, and were poised to hit a record low after the Japanese automaker admitted to manipulating fuel-economy data.
April 21, 2016 Oil surge drives world stocks higher, ECB loomsSource: Reuters
World stock markets climbed to their highest in almost five months on Thursday after a surge in oil prices boosted risk appetite, while the euro steadied ahead of a European Central Bank meeting.
April 21, 2016 Obama urges 'blood brother' Britain not to leave the EUSource: Reuters
U.S. President Barack Obama made an impassioned appeal on Friday for Britain to remain in the European Union, saying membership had magnified Britain's place in the world and made the bloc stronger and more outward looking.
April 20, 2016 Intel to slash 12,000 jobs as it moves away from PCsSource: LA Times
Giant chipmaker Intel Corp. will slash 12,000 jobs, or about 11% of its workforce, to help offset declining PC sales and reposition itself as a firm focused on cloud computing and smart devices, the company said Tuesday.
The company, once the most profitable securities firm, reported the lowest first-quarter revenue of Blankfein’s tenure as chief executive officer, which began June 2006. Return-on-equity, a closely watched measure of...
April 20, 2016 What You Need to Know About Impact InvestingSource: Wealth Management.com
Impact investing products have moved from boutique origins into the mainstream of global investment. Powerful international coalitions promote the disciplines, the world’s most influential philanthropists demonstrate its use, and...
April 20, 2016 Tesla Model 3 demand startled everyone, even Musk; now what?Source: Venture Beat
To say that the auto industry has been startled by the volume of deposits put down on the Tesla Model 3 would be an understatement
April 19, 2016 Gold Prices Keeping Strong: Gold Shares On RiseSource: FX News Call
Gold prices are yet to be affected by the rebound seen in oil prices. On Monday, gold prices rallied after the meeting by oil producers failed to reach an agreement to reduce global production. This saw U.S stocks decline while...
April 19, 2016 Global Stocks Higher After Oil Prices Stabilize
NASDAQ - The Stoxx Europe 600 rose 1% in morning trade, following an upbeat trading session in Asia. Brent crude oil was last up 2.1% at $43.82 a barrel, above where it was before talks about a production freeze collapsed over...
April 19, 2016 The global oil deal that never came to beSource: Reuters
Eighteen countries were gathering in the Qatari capital of Doha to rubber-stamp the first joint agreement between major OPEC and non-OPEC nations in 15 years, tackling a huge global glut after flooding the market for two years.
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