Markets
Switch Lite attracting higher percentage of new female users
- November 01, 2019
That's short of analysts' expectations of 308.1 billion yen and 1.29 trillion yen respectively. First, even though Nintendo's most recent financial report only covers the first half as a whole, we can look at its financial report for the first quarter ending June 30th, 2019 to see that it only sold 2.13 million units in that three-month period. (more...)
- November 01, 2019
That's short of analysts' expectations of 308.1 billion yen and 1.29 trillion yen respectively. First, even though Nintendo's most recent financial report only covers the first half as a whole, we can look at its financial report for the first quarter ending June 30th, 2019 to see that it only sold 2.13 million units in that three-month period. (more...)
Smartphone market rebounds for the first time in two years
- October 31, 2019
The China (mainland) smartphone market improved sequentially in Q3 2019 as shipments reached 97.8 million, up from 97.6 million units in the previous quarter. Its profits remain resilient, with revenue jumping 27 per cent in the third quarter. Huawei cornered the lion's share of the China market in the July-September period, according to market research firm Canalys, leaving Apple towards the bottom of the pile. (more...)
- October 31, 2019
The China (mainland) smartphone market improved sequentially in Q3 2019 as shipments reached 97.8 million, up from 97.6 million units in the previous quarter. Its profits remain resilient, with revenue jumping 27 per cent in the third quarter. Huawei cornered the lion's share of the China market in the July-September period, according to market research firm Canalys, leaving Apple towards the bottom of the pile. (more...)
Election campaign kicks off against Brexit background
- October 31, 2019
And we have something that the Rupert Murdochs, the Mike Ashleys, and the Boris Johnsons don't have. The failure to do so is his and his alone. "So, we're going after the tax dodgers". He noted that NHS officials have reportedly been in secret talks with US-based pharmaceutical firms to prepare to put the NHS on the table in a post-Brexit trade deal yet to be agreed with US President Donald Trump. (more...)
- October 31, 2019
And we have something that the Rupert Murdochs, the Mike Ashleys, and the Boris Johnsons don't have. The failure to do so is his and his alone. "So, we're going after the tax dodgers". He noted that NHS officials have reportedly been in secret talks with US-based pharmaceutical firms to prepare to put the NHS on the table in a post-Brexit trade deal yet to be agreed with US President Donald Trump. (more...)
General Motors blames UAW strike for gloomier outlook
- October 31, 2019
GM has factories in Ohio, New York, Kentucky, Tennessee, Texas, Missouri, Indiana and Kansas, but its operations are most concentrated in MI, where the company has plants in Detroit, Flint, Grand Rapids, Saginaw, Bay City, Orion, Brownstown Township, Romulus, Warren and Lansing. (more...)
- October 31, 2019
GM has factories in Ohio, New York, Kentucky, Tennessee, Texas, Missouri, Indiana and Kansas, but its operations are most concentrated in MI, where the company has plants in Detroit, Flint, Grand Rapids, Saginaw, Bay City, Orion, Brownstown Township, Romulus, Warren and Lansing. (more...)
Fiat Chrysler, Peugeot join forces to create world's No.4 carmaker
- October 31, 2019
In addition to the Fiat , Chrysler, and Peugeot brands, the Alfa Romeo, Citroen, Jeep , Opel , and Vauxhall brands would all be controlled by the same group if the merger goes ahead. The analysts say this will help FCA with much needed smaller cars, more fuel efficient for the European markets and will help PSA here in the USA with shared profits and put it into the pickup and SUV market. (more...)
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- October 31, 2019
In addition to the Fiat , Chrysler, and Peugeot brands, the Alfa Romeo, Citroen, Jeep , Opel , and Vauxhall brands would all be controlled by the same group if the merger goes ahead. The analysts say this will help FCA with much needed smaller cars, more fuel efficient for the European markets and will help PSA here in the USA with shared profits and put it into the pickup and SUV market. (more...)
Bank of Canada to make interest rate decision, expected to hold steady
- October 31, 2019
The Bank of Canada left its policy rate unchanged at 1.75% as widely expected, but there are clear hints of nervousness in the accompanying statement. The currency pair's short-term performance is likely to be affected by the FOMC rate announcement set for 18:00 GMT. Commodity prices have fallen amid concerns about global demand. (more...)
- October 31, 2019
The Bank of Canada left its policy rate unchanged at 1.75% as widely expected, but there are clear hints of nervousness in the accompanying statement. The currency pair's short-term performance is likely to be affected by the FOMC rate announcement set for 18:00 GMT. Commodity prices have fallen amid concerns about global demand. (more...)
Fed Cuts Rates Again To Boost A Slowing Economy
- October 30, 2019
While the materially dovish development should help to buoy equities, it had little impact on the various stock indices - suggesting the rate reduction was already fully priced in. USA business investments and net exports both fell for the second straight quarter. Shares of General Electric Co jumped 9.20% after the industrial conglomerate beat quarterly profit estimates and raised its cash forecast for the year. (more...)
- October 30, 2019
While the materially dovish development should help to buoy equities, it had little impact on the various stock indices - suggesting the rate reduction was already fully priced in. USA business investments and net exports both fell for the second straight quarter. Shares of General Electric Co jumped 9.20% after the industrial conglomerate beat quarterly profit estimates and raised its cash forecast for the year. (more...)
Fiat Chyrsler, Peugeot in talks to merge
- October 30, 2019
Italian-American firm Fiat Chrysler Automobiles has confirmed that it is in talks with French rival PSA - which owns Peugeot , Citroen and Vauxhall - over a tie-up to create one of the world's biggest vehicle makers. A merger of the two groups would bring a number of brands under one roof including Alfa Romeo, Citroen, Jeep, Opel, Peugeot and Vauxhall. That deal would have seen FCA take over a 50-per-cent stake in that company, but instead, the deal fell apart when the French ... (more...)
- October 30, 2019
Italian-American firm Fiat Chrysler Automobiles has confirmed that it is in talks with French rival PSA - which owns Peugeot , Citroen and Vauxhall - over a tie-up to create one of the world's biggest vehicle makers. A merger of the two groups would bring a number of brands under one roof including Alfa Romeo, Citroen, Jeep, Opel, Peugeot and Vauxhall. That deal would have seen FCA take over a 50-per-cent stake in that company, but instead, the deal fell apart when the French ... (more...)
Google posts $34b in advertising revenue
- October 30, 2019
CEO Sundar Pichai addressed regulatory concerns on a conference call with investors Monday, repeating Google's defence that its products and services are beneficial and low-priced for consumers. Google also boosted its real-estate holdings over the quarter, acquiring new buildings in Sunnyvale, CA and Seattle, WA. But cash continues to be spent and higher costs loom as Google prepares for intensified clashes with regulators. (more...)
- October 30, 2019
CEO Sundar Pichai addressed regulatory concerns on a conference call with investors Monday, repeating Google's defence that its products and services are beneficial and low-priced for consumers. Google also boosted its real-estate holdings over the quarter, acquiring new buildings in Sunnyvale, CA and Seattle, WA. But cash continues to be spent and higher costs loom as Google prepares for intensified clashes with regulators. (more...)
Gold steadies as U.S.-China trade talks advance, Fed meeting looms
- October 30, 2019
The US dollar has traded in a tight range over the last 4-5 days as traders stick on the sidelines ahead of today's advanced US Q3 GDP release and the latest interest rate decision from the Federal Reserve . Further cuts could help lift inflation toward the Fed's target, Kocherlakota argues. "I think the worst is pretty much behind us". What will Fed Chair Powell reveal? The economic picture has been mixed since the last time the Fed met in mid-September. (more...)
- October 30, 2019
The US dollar has traded in a tight range over the last 4-5 days as traders stick on the sidelines ahead of today's advanced US Q3 GDP release and the latest interest rate decision from the Federal Reserve . Further cuts could help lift inflation toward the Fed's target, Kocherlakota argues. "I think the worst is pretty much behind us". What will Fed Chair Powell reveal? The economic picture has been mixed since the last time the Fed met in mid-September. (more...)
Fiat Chrysler, Peugeot owner PSA reportedly in merger talks
- October 30, 2019
A deal between the two carmakers would create a business with a combined market value of almost $50bn (£39.9bn). While things are still in the talking phase, both companies are remaining tight-lipped, and neither FCA nor the PSA Group immediately responded to Roadshow's request for comment. (more...)
- October 30, 2019
A deal between the two carmakers would create a business with a combined market value of almost $50bn (£39.9bn). While things are still in the talking phase, both companies are remaining tight-lipped, and neither FCA nor the PSA Group immediately responded to Roadshow's request for comment. (more...)
GM, Toyota, Fiat Chrysler seek to intervene in California emissions suit
- October 30, 2019
The only reason that there is now a divergence between the federal and state standard is that the Trump administration has made a decision to weaken that standard, while California and other states have held firm, knowing that auto companies will need to continually improve in order to compete in a carbon-conscious world and that the best available science shows that automakers can cost-effectively meet that challenge. (more...)
- October 30, 2019
The only reason that there is now a divergence between the federal and state standard is that the Trump administration has made a decision to weaken that standard, while California and other states have held firm, knowing that auto companies will need to continually improve in order to compete in a carbon-conscious world and that the best available science shows that automakers can cost-effectively meet that challenge. (more...)
TikTok Owner ByteDance: 'Absolutely Zero Truth' to Report of Going Public
- October 30, 2019
The company, which has been in operation for 7 years, recently reported earnings of more than $7 billion for the first half of 2019. Meanwhile , the company is experiencing a growing backlash from the United States, claiming that the app could pose a national security risk. (more...)
- October 30, 2019
The company, which has been in operation for 7 years, recently reported earnings of more than $7 billion for the first half of 2019. Meanwhile , the company is experiencing a growing backlash from the United States, claiming that the app could pose a national security risk. (more...)
Amazon Is Now Offering Free Grocery Delivery for Prime Members
- October 30, 2019
According to CNN , before Tuesday, the company was charging Prime customers a monthly fee of $14.99 for its Amazon Fresh online grocery delivery service . Amazon is making some big moves today with Amazon Fresh, its grocery delivery service. Other players include Instacart and Peapod, which partner with grocery stores to provide delivery. (more...)
- October 30, 2019
According to CNN , before Tuesday, the company was charging Prime customers a monthly fee of $14.99 for its Amazon Fresh online grocery delivery service . Amazon is making some big moves today with Amazon Fresh, its grocery delivery service. Other players include Instacart and Peapod, which partner with grocery stores to provide delivery. (more...)
China's state media warns on blockchain frenzy that President Xi started
- October 29, 2019
In an interview with CNBC, the Bitcoin supporter said the world's most valuable coin has steadily cemented its position as a digital reserve currency and the entry of Facebook's Libra validates cryptocurrencies. "I wish the United States took a similar supportive approach". "We hope the authorities" attention can really boost the industry's development of blockchain and its applications, and will not lead to an "extravaganza' of speculators and swindlers", a manager from an internet ... (more...)
- October 29, 2019
In an interview with CNBC, the Bitcoin supporter said the world's most valuable coin has steadily cemented its position as a digital reserve currency and the entry of Facebook's Libra validates cryptocurrencies. "I wish the United States took a similar supportive approach". "We hope the authorities" attention can really boost the industry's development of blockchain and its applications, and will not lead to an "extravaganza' of speculators and swindlers", a manager from an internet ... (more...)
US Department of Defense Awards Microsoft $10B 'JEDI' Contract for Cloud Services
- October 29, 2019
For example , Trump has been criticizing Amazon CEO Jeff Bezos ever since Trump took office at the White House. In a new book, the speech writer for former Defense Secretary Jim Mattis wrote that Trump called Mattis in the summer of 2018, and directed him to "screw Amazon" out of a chance to bid on the contract , according to the website Task and goal. (more...)
- October 29, 2019
For example , Trump has been criticizing Amazon CEO Jeff Bezos ever since Trump took office at the White House. In a new book, the speech writer for former Defense Secretary Jim Mattis wrote that Trump called Mattis in the summer of 2018, and directed him to "screw Amazon" out of a chance to bid on the contract , according to the website Task and goal. (more...)
Oil Falls on New Signs of Sizable US Crude Stockpiles
- October 29, 2019
After building for three weeks in a row, USA crude oil stockpiles at the Cushing, Oklahoma , delivery point for WTI, have risen by about 1.5 million barrels in the week through October 25, traders said, citing data from market intelligence firm Genscape . (more...)
- October 29, 2019
After building for three weeks in a row, USA crude oil stockpiles at the Cushing, Oklahoma , delivery point for WTI, have risen by about 1.5 million barrels in the week through October 25, traders said, citing data from market intelligence firm Genscape . (more...)
Taking flight: Virgin Galactic goes public in space tourism first
- October 28, 2019
The company has raised more than $1 billion since its inception, but much of it came directly from Branson, a British billionaire. Virgin's current reservations represent about $80m in total collected deposits and $120m of potential revenue. (more...)
- October 28, 2019
The company has raised more than $1 billion since its inception, but much of it came directly from Branson, a British billionaire. Virgin's current reservations represent about $80m in total collected deposits and $120m of potential revenue. (more...)
Popeyes chicken sandwich is back; Here’s when, how to grab ‘the Sandwich’
- October 28, 2019
Reports indicate some Popeyes locations have hired additional employees to handle the demand. Then a week after the launch, Popeyes started a viral Twitter feud with Chick-fil-A and other restaurants, and the battle lines were drawn over which chicken chain had the better sandwich. (more...)
- October 28, 2019
Reports indicate some Popeyes locations have hired additional employees to handle the demand. Then a week after the launch, Popeyes started a viral Twitter feud with Chick-fil-A and other restaurants, and the battle lines were drawn over which chicken chain had the better sandwich. (more...)
Apple Pay top mobile payment app in US
- October 28, 2019
Three in ten U.S. smartphone owners now use a mobile payments app to make payments in stores - and Apple Pay is now the most popular with 30.3 million users, according to new research by eMarketer . To encourage the switch from plastic, the company has integrated Apple Pay with other services that consumers use regularly, such as Portland's transit system. (more...)
- October 28, 2019
Three in ten U.S. smartphone owners now use a mobile payments app to make payments in stores - and Apple Pay is now the most popular with 30.3 million users, according to new research by eMarketer . To encourage the switch from plastic, the company has integrated Apple Pay with other services that consumers use regularly, such as Portland's transit system. (more...)
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Regulators meet as brokers call the time on Reddit-Trader roller coaster