News

Pound UP on May’s conciliatory speech in UK Parliament

At the beginning of this year, many analysts and speculators were betting on the Euro to trade at par with…

8 years ago

EU Vetos Proposed Merger Between LSE And Deutsche Boerse

European regulators have blocked the £21 billion merger between the London Stock Exchange and the German stock exchange Deutsche Boerse.…

8 years ago

Ford turns bearish on poor Q1-2017 earnings outlook

Automobile manufacturer, Ford Motor Company (NYSE: F) issued a gloomy fiscal 2017 first-quarter outlook last week. Following the announcement, the…

8 years ago

Rising support for Macron in French election boosts Euro

The unexpected support for ECB rate hikes from Ewald Nowotny, Austrian representative on the ECB’s council, and victory of pro-EU…

8 years ago

Study Shows Bank of Israel’s Intervention Curbs Forex Gains

A new research study has revealed that every $100 million purchased by Israel’s central bank between 2009 to 2015 resulted…

8 years ago

Intel acquires Mobileye for $15.3 billion

Last week, chip maker Intel Corporation (NASDAQ: INTC) announced its decision to acquire an Israel-based company Mobileye, a self-driving car…

8 years ago

Aussie signals downtrend on rise in unemployment rate

On the basis of a decline in the private capital expenditure and record high inventories of iron ore at the…

8 years ago

Twitter targets e-sports viewers by partnering with ESL

The stock of social networking service provider Twitter Inc (NYSE: TWTR) hit a three month low of $14.94 last week.…

8 years ago

EU Banks Take Up Active Intervention In Volatile Political Climate

Central banks in several European countries are closely watching their currency movements against the dollar and the euro as political…

8 years ago

EU Levies €2 Billion Fine On The UK For Customs Fraud

Britain is faced with the possibility of being hit with a €2 billion fine from the European Union (EU) for…

8 years ago