News

Intel to lose dominance in server chip market

The stock of the chip maker Intel Corporation (NASDAQ: INTC) has lost about 10% so far in June and currently…

8 years ago

Euro signals downtrend on poor retail sales data

The Euro dollar outlook turned bearish last week as agencies reported a decline in the German factory orders and Italian…

8 years ago

Former Barclays Execs Charged For Fraud In 2008 Qatari Scheme

Five ex-Barclays executives including former chief executive John Varley have been charged along with the bank for fraud in relation…

8 years ago

Walmart turns weak as Amazon enters grocery business

The world’s largest retailer by revenue, Wal-Mart Stores (NYSE: WMT), saw its stock fall by 4.65% to $75.24 last Friday.…

8 years ago

Pound remains weak on poor retail sales in May

The outcome of the UK election continues to weigh on the Pound, which has now turned to be the worst…

8 years ago

UK Workers Pay Squeeze Leads to Decline In Living Standards

Latest official data indicates that Britain’s living standards have declined because of the biggest workers’ pay squeeze since 2014. Regular…

8 years ago

Pound signals uptrend on strong CPI data

On May 29th, a predicted a downtrend in the GBP/USD pair and an interest to go short at 1.2840 levels,…

8 years ago

New EU Proposal Threatens London Based Euro Clearing Business

The European Union has released a draft proposal that is likely to cause London to lose its position as the…

8 years ago

Vivendi’s Q1 2017 adj. income up 57.2%, acquires Havas

Last month, media, content provider Vivendi SA (OTC: VIVHY) reported a 88.3% decline in the fiscal 2017 first-quarter earnings, compared…

8 years ago

Yen turns weak on poor Q1 GDP growth

The Euro dollar fell earlier this week due to a rumor that the ECB is about to cut inflation forecasts.…

8 years ago