newszine

Futures gain as Washington delays China tariffs

6 days ago DieselGasoil Comments Off on Futures gain as Washington delays China tariffs
(Reuters) – U.S. stock index futures rose on Thursday after President Donald Trump said the United States would delay scheduled tariff hikes on billions worth of Chinese imports, cooling tensions that have battered financial markets over the last year. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New Read More

Apple may spark upgrade rush with new iPhones, tight pricing

1 week ago DieselGasoil Comments Off on Apple may spark upgrade rush with new iPhones, tight pricing
(Reuters) – Apple Inc (AAPL.O) could sell as many as 200 million of its latest iPhones from existing users upgrading their older devices and much of that demand will come from China despite an ongoing trade war, several Wall Street analysts said on Monday. FILE PHOTO: People look at iPhones at the World Trade Center Read More

Slack shares recover from hammering after first results as public company

2 weeks ago DieselGasoil Comments Off on Slack shares recover from hammering after first results as public company
(Reuters) – Shares of Slack Technologies Inc (WORK.N) recovered huge initial losses to close 3.4% lower on Thursday after the workplace messaging firm’s first quarterly report as a public company beat expectations while warning of slowing growth. The business-focused messaging and communications platform’s shares surged when it went public through a direct listing in June Read More

Asian shares turn lower on Sino-U.S. trade, recession worries

1 month ago DieselGasoil Comments Off on Asian shares turn lower on Sino-U.S. trade, recession worries
SHANGHAI (Reuters) – Worries that a prolonged Sino-U.S. trade war could tip the world and U.S. economies into recession weighed on Asian equities on Monday, offsetting a welcome a lift from Chinese shares and a stronger-than-expected daily fixing for the yuan. FILE PHOTO: Passersby are reflected on a stock quotation board outside a brokerage in Read More

Asian shares inch up on China recovery, yuan fixing

1 month ago DieselGasoil Comments Off on Asian shares inch up on China recovery, yuan fixing
SHANGHAI (Reuters) – Gains by Chinese equities and the yuan’s stronger-than-expected daily fixing helped lift a broad gauge of Asian shares above water on Monday, but firm gold prices underscored investor worries over risks from a prolonged Sino-U.S. trade war. FILE PHOTO: Passersby are reflected on a stock quotation board outside a brokerage in Tokyo, Read More

No Lyft for Uber shares after results fall short

1 month ago DieselGasoil Comments Off on No Lyft for Uber shares after results fall short
FILE PHOTO: A screen displays the company logo for Uber Technologies Inc on the day of its IPO at the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2019. REUTERS/Brendan McDermid/File Photo (Reuters) – Shares of Uber Inc fell 10% in early trading on Friday after the ride-hailing service missed most Wall Read More

Asset managers farm out trading as costs and complexity climb

1 month ago DieselGasoil Comments Off on Asset managers farm out trading as costs and complexity climb
LONDON (Reuters) – It’s 10 o’clock at night, and Benjamin Arnold’s day is just beginning. The former Goldman Sachs trader is gearing up to trade equities in Asia from his small office thousands of miles away in Park City, Utah. FILE PHOTO: A television screen reporting financial news is seen whilst traders work at Northern Read More

U.S.-China trade concerns push Wall Street lower; Fed meeting eyed

2 months ago DieselGasoil Comments Off on U.S.-China trade concerns push Wall Street lower; Fed meeting eyed
(Reuters) – U.S. stocks slid on Tuesday after a fresh warning from President Donald Trump to China pressured technology shares, while investors speculated the scale of an interest rate cut at the end of the Federal Reserve’s policy meeting. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., Read More