Lundi, 18 Février 2019
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Nigeria's Oil Output Rises to 1.736 MB/D in January


The U.S. energy industry just hit a milestone that was almost 50 years in the making. "Still I think the market will be able to gobble up that extra supply and it should cause some concern for producers that may want to make sure they are profitable before they bring on more supply", he said . Read More »

Saudi Arabia to cut oil output further


Balancing the higher demand forecast, OPEC said the United States and other outside producers would boost supply by 1.4 million bpd this year, up 250,000 bpd from last month and the third consecutive rise from 870,000 bpd in November. "Everybody liked [the format] when key producing countries that account for some 60% of the world production meet to discuss various topics that are important and of interest for them, including on the future of the energy markets", Novak said. Read More »

AMZN Stock Price Rises As Amazon Reportedly Lays Off Hundreds


Citing unnamed sources, the publication said hundreds will be let go from the company's headquarters, while others will be trimmed from the global operations. Amazon created over 130,000 new jobs worldwide previous year. Amazon has counted over 560,000 full and part-time employees across the world at the end of December, which is an expansion of over 65 percent from the previous year. Read More »

Will UK interest rates rise as inflation outstrips wage growth?


Ben Brettell, a senior economist at Hargreaves Lansdown, said he expected a rise in interest rates "sooner rather than later" and believes this "may well happen in May". "We've got a really important event this week on Wednesday at 1:30 p.m. United Kingdom time (8:30 a.m. ET)". Stocks and bonds, however, could be vulnerable to strong inflation data. Read More »

This Valentine's Day, Speak The Language Of Flowers


Kenyans are spending more on Travel on Valentine's Day than on other treats according to a new report by Mastercard. "It's astronomical. We can't afford to place ourselves at the top of that list", she said. "Hearts are always big for Valentine's Day , and so are diamonds". Anxious that Valentine's Day is going to break the bank? While she will order ahead by phone for Valentine's Day , she also likes to look at additional product in person. Read More »

Thousands of websites hijacked to mine cryptocurrency


Helme found that threat actors had modified the accessibility plugin by inserting obfuscated code to inject the infamous Coinhive miner into targeted websites. Now that's taking the p... "Websites were infected with malware used by criminals", he said. In what has been newly termed as 'cryptojacking , ' the Guardian reported that thousands of websites had been infected over the weekend. Read More »

Amazon set to introduce b2b delivery service in latest disruption move


Neil Saunders, the managing director of GlobalData Retail, said Amazon's entry into the delivery business would "send shivers down the spines of the traditional delivery companies". Hedge funds and other institutional investors own 76.23% of the company's stock. For example, UPS ran into problems early in the 2017 holiday season due to an unexpected overload of packages in its system. Read More »

South Korean Prime Minister to meet North Korean delegation


Any summit between the two still-officially warring Koreas would be a coup for Moon, who has been pushing for a diplomatic solution to the standoff over North Korea's nuclear and missile programmes. It would be the first summit in more than a decade between Korean leaders. The huge pressure, however, weighed on the team. During the opening ceremony , the vice president sat next to Moon and Japanese Prime Minister Shinzo Abe, but did not speak to Kim, who was seated behind them. Read More »

Stock market slammed as Wall Street jitters persist


At another it was up 500. Brent crude gave up 70 cents, or 1.1 percent, to $64.81 per barrel. It's still up 15 percent over the past year. Even with the rebound, this was the worst week for the market in about two years. USA equities suffered its second sell-off in a week to hit 2018-lows with the Dow Jones and S&P 500 both entering what is deemed correction territory. Read More »

Lindsey Vonn confirms Pyeongchang will be final Olympics, will enter three races


Goggia was gunning for Vonn headed into the race, and the rematch is set in South Korea. I will race for you in Korea and I will try as hard as I can to win for you. "So I figured I'd need her for the most important event". Her parents, Jeff and Eileen Shiffrin, have ski racing backgrounds. From curling and speed skating to skiing figure skating, here's your guide to can't-miss moments in the opening week. Read More »

Stocks take another tumble, Dow dives more than 1000 points


USA stocks entered a formal correction Thursday, as two weeks of steep losses have cost two major index at least 10 percent of their value. U.S. BUDGET BATTLE: Uncertainty overshadowed the fitful market recovery as Senate leaders brokered a long-sought budget agreement Wednesday that would bring the Pentagon and domestic programs an extra $300 billion over the next two years. Read More »

Stocks fall into the market close as rocky trading week continues


On Tuesday, U.S. equities had roared back from Monday's selloff, when the Dow and S&P 500 saw their biggest one-day declines in two years. "Despite violent moves in the last couple days in the market, fundamentals in the economy are very strong and it's not just the USA, it's throughout the global economy", Alicia Levine, head of global investment strategy at BNY Mellon Investment Management in NY. Read More »

Elon Musk posts photo of car in space


The Tesla roadster could be lapping the sun for hundreds on millions of years unless the mannequin-driven, Bowie-jammin electric vehicle hits a space pothole, is hit by a meteor or reckless UFO driver, or its extension cord isn't long enough. Read More »

Falcon Heavy launch represents new era for rocket manufacturing


Straubel. "It's definitely less also in most cases than even the high rate of discharge energy products". The publication of the fourth quarter results coincided with Tuesday's successful launch of the Falcon Heavy rocket , sent into space by SpaceX , Musk's private rocket company. Read More »

Markets Right Now: China share benchmark falls 5.5 percent


The rout has erased $2.5 trillion in value from the S^and^P 500 and $5.2 trillion from global stocks, according to S^and^P Dow Jones Indexes. In the U.S., the Dow Jones ended Thursday's trading session 4.2% lower at 23,860, and the wider S&P 500 index closed down 3.8%. Read More »

'Discourteous' EU 'unwise' to publish plans for Brexit transition - Davis


How feasible the commitment will be is unclear, as Britain's commitment to leaving the EU Single Market and Customs Union makes it hard to avoid customs checks at the Irish border. Europe says it will allow a transition only if Britain is willing to accept all European Union law - including new laws passed during that period - and European Union judicial oversight. Read More »

US Stock Market Opens Higher After A Tumultuous Week

China was the worst performer in Asia on Friday - on track for its worst day in almost two years - as losses deepened from declines seen earlier this week. New York Federal Reserve President Bill Dudley told Bloomberg News on Thursday that if the US economy keeps getting stronger the central bank may be justified in raising rates four times this year. Read More »

Dow Jones plunges 1032 points; TSX closes 264 lower


Rising bond prices make the securities relatively more attractive for investors, prompting some to sell their stocks. The blue chip average suffered its second 1,000-point drop in a week on Thursday. "We may have seen the worst, but it's too early to say for sure". This marked a two percent drop for the Dow Jones , which tracks 30 major companies. Read More »

Global shares sink after major US index enters correction


The unemployment rate is 4.1%, a 17-year low, and economic growth is expected to gain steam in 2018. On the downside, any disappointment could see short term support can be seen at $1.2350. On Friday, the Hang Seng closed with a 9.5 per cent drop for the week - its worst weekly performance in nearly a decade, while Japan's Topix ended 7 per cent - its biggest weekly drop in two years. Read More »

This could be the worst week for stocks since 2008


Senate will not pass a budget bill in time to avoid a U.S. government shutdown", said Rob Carnell of ING in a report. But Coupe said the volatility showed investors were having difficulty deciding between stocks and bonds at the moment. Meanwhile, the S&P 500 index was up 38.55 points or 1.49 per cent to 2,619.55, and the Nasdaq composite index was up 97.33 points or 1.44 per cent to 6,874.49. Read More »

Dow tumbles more than 4% as US stock losses deepen


So naturally they haven't been up much - they didn't drop as much during the decline. On Friday, Dow Jones and S&P 500 reported their worst weekly performance in two years. "This is just some healthy, and overdue, volatility to wring out any excess". But such calm is unusual, and stocks overheated. The unemployment rate is 4.1%, a 17-year low, and economic growth is expected to gain steam in 2018. Read More »

Twitter shares surge by a quarter on first ever profits

The company topped analysts' average sales estimates in the fourth quarter and for the first time posted a real profit, a milestone in chief executive officer Jack Dorsey's turnaround effort. While Twitter's USA revenue dropped 8% year-on-year to $406m, this was offset by strong worldwide revenue growth of 17% thanks to a strong performance in EMEA and Asia-Pacific. Read More »

Uber settles dispute with Alphabet's self-driving auto unit


Kalanick couldn't recall what he meant by the comment, although testimony from other Uber employees shows that they were instructed to delete all email and text messages to and from Levandowski from their devices, so the directive could have referred to that. Read More »

Dow plummets more than 1000 points, its second-worst trading day ever


U.S. stocks fell in volatile trading on Tuesday, as a pullback from record highs steepened following the biggest one-day declines for the S&P 500 and Dow in more than six years. Traders remain on edge after the resurgent threat of inflation and higher bond yields had helped trigger the burst of volatility and a pullback across the overheated global equity market. Read More »

FTSE, Asian indexes slide as Dow Jones drops 4.2 per cent


Stocks in Europe declined and bond yields increased after the Bank of England said could raise interest rates in coming months because of the strong global economy. A high degree of volume indicates a lot of interest in a stock. But stock prices have climbed faster than profits in recent years. More volatility means greater profit or loss. Read More »

Amazon delivers Whole Foods products in select USA cities


It's unclear if Greeley's title will change or whether his appointment will affect Whole Foods CEO John Mackey's role. Whole Foods deliveries are now available from 8am to 10pm, and Amazon claims that customers will be able to shop for "thousands" of items. Read More »

Dow industrials plunge 1000 as market enters 'correction'


The broad-based S&P 500 dropped 100 points or 3.75%, and the tech-rich Nasdaq was down 3.9%. The Dow and the Standard &Poor's 500 are now down 10 percent since then, known on Wall Street as a " correction ". Tuesday was a volatile day for the Dow, swinging over 1,100 points from peak to low and ending the session with the benchmark S&P 500 taking in its best day since before President Donald Trump's 2016 election. Read More »

RBI keeps repo rate unchanged for third time at 6%


While RBI's policy stance reduces the likelihood of rate cuts by lenders, Bank of Baroda turned out to be an outlier, reducing its benchmark rate for below one-year tenures by 15-25bps. "Growth forecasts were raised and the BOE is scrapping its three-year horizon to get inflation to target and is moving back to a two year horizon". Read More »

Asian shares mirror Dow comeback, dollar steady


On Wall Street the recent turn of events is being called a "correction", but some fear they could be a harbinger to a bear market , loosely defined as a time when prices are falling and sellers outnumber buyers. Hong Kong's Hang Seng slipped 0.9 percent to 30,323.20, while the Shanghai Composite lost 1.8 percent to 3,309.26 on heavy selling of banks and insurers. Read More »

Twitter shares open higher after reporting first ever profit

Twitter, Inc . has a consensus hold rating from 38 Wall Street analysts, and the number of shares now sold short amount to at least 5.9% of shares outstanding. Users would hit the character limit in a tweet and then abandon a post altogether. However, Twitter , as it has previously done, did not release a specific number for daily active users, stating simply that this number increased 12%. Read More »

Twitter finally reports a profit


But Twitter also reported that it had 330 million monthly active users, slightly missing analyst estimates of 333 million. Daily active users grew 12% year-on-year, marking its fifth consecutive quarter of double-digit growth. Guidance - Finally, the company said that it expects to be profitable on a non-GAAP basis by the end of the year. Stronger ad sales in the crucial holiday quarter made up the difference for Twitter , even as the number of new people joining the site continued ... Read More »

Quentin Tarantino Once Defended Roman Polanski In 2003 Interview


It wasn't like we didn't talk. Howard Stern: Wait a minute. "You have sex with a 13-year-old girl and you're a grown man, you know that that's wrong because she hasn't..." Thurman said she had insisted that a stunt person drive the vehicle, fearing that it wasn't safe to operate. Read More »

Dow Jones Regains Some Losses, Closes Up More Than 500 Points

ENERGY: Oil prices have seen extended losses since the USA government said last week that oil production jumped. Ten-year Treasury yields now stand at 2.8%, almost their highest point since 2014. "I normally wouldn't be looking at my iPhone, but given the market moves, I am checking it", he told lawmakers on the House Financial Services Committee. Read More »

SpaceX launches big new rocket; lands 2 boosters


SpaceX's behemoth rocket pushed off Launchpad 39A here at Kennedy Space Center at 3:45 p.m. ET. Tesla's stock prices may have dropped out of their highest orbit in recent weeks, but one of its sports cars is set to take a trip into outer space on Tuesday. Read More »