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Saudi Arabia Covers against Tesla Decline Share
The Saudi Arabia, sovereign wealth fund, has hedged against a decline in the value of the Tesla share. This is reported by business newspaper Financial Times Monday.
The fund has an interest of nearly 5 percent in the American maker of!-->!-->!-->…
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Chinese Economy at Slowest Economic Growth Due to Trade War
The Chinese economy has grown at the slowest pace since 2009, according to experts, due to the weaker global demand for Chinese products and the trade war with the United States.
China's gross domestic product (GDP) increased by!-->!-->!-->!-->!-->!-->!-->…
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Bank of America Fourth Quarter Sets Record Profit
Bank of America achieved a record profit in the fourth quarter of 2018. The large American financial group did particularly well with its services to consumers and businesses, helped by more credit and rising interest rates in the United!-->…
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Wall Street Puts the Point Behind the Winning Series
The stock exchanges in New York were opened lower on Wednesday. This ended the advance on Wall Street of the past few days. Investor optimism about trade negotiations between China and the United States gave way to concerns about!-->!-->!-->…
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The US Stock Exchanges Started on Monday with Profits
The US stock exchanges started on Monday with profits on the last trading day of the year. Investors on Wall Street reacted elatedly to a tweet by President Donald Trump in which he said he had addressed with his Chinese counterpart Xi…
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Wall Street Started with A Profit on Friday
The US stock exchanges started trading on Friday with a profit. Just like in Europe, little directional news is available on Wall Street.
Investors hold a close eye on oil prices and developments in the trade dispute between the…
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Fallen Nissan CEO Ghosn will Remain in Cell Until 1 January
The fallen Nissan CEO Carlos Ghosn will remain in the cell until 1 January. That is what a judge in Japan decided on Sunday.
Ghosn, also the big man behind the French Renault, was arrested in mid-November on suspicion of tax fraud…
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Wall Street Higher Towards Fed’s Interest Rate Decision
The stock exchanges in New York opened higher on Wednesday. Investors on Wall Street are mainly awaiting the interest rate decision of the Federal Reserve. The American umbrella of central banks is likely to announce an interest rate rise…
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