November 25, 2020 9:00 am
A stock trading hub will be launched in Paris by Goldman Sachs Group Inc (GS), the bank said on Tuesday, as it seeks to avoid disruption to clients after Britain fully parts ways with the European Union on December 31st. Goldman Sachs shares closed higher for a second consecutive trading session in New York on […]
Read moreNovember 24, 2020 11:01 am
AUD/USD, along with other risk-sensitive assets, surged almost 1% on Tuesday and hit highs not seen since early September, after US President Donald Trump agreed to begin a transition to a government led by President-elect Joe Biden. It also became clear that former Federal Reserve Chair Janet Yellen would probably be nominated to become Treasury […]
Read moreNovember 24, 2020 9:09 am
General Motors Company (GM) will have to recall 5.9 million trucks and SUVs equipped with Takata air bag inflators, after its petition to avoid the callback has been rejected by the US National Highway Traffic Safety Administration. General Motors shares closed higher for a fourth consecutive trading session in New York on Monday. It has […]
Read moreNovember 23, 2020 10:40 am
GBP/USD hit a fresh 12-week high in early European session on Monday, after more positive news over COVID-19 vaccine progress bolstered demand for risk-sensitive currencies. AstraZeneca said on Monday that its vaccine could be about 90% effective against the coronavirus with no serious side effects. Additionally supporting sentiment, a top US health official said over […]
Read moreNovember 23, 2020 8:50 am
Nike Inc (NKE) said on Friday that its quarterly dividend would be increased by 12%, or $0.03 per share, following another 11% raise in 2019. The company will pay a cash dividend of $0.275 per share on its outstanding class A and class B stock on December 29th. Nike shares closed higher for a second […]
Read moreNovember 20, 2020 11:04 am
Spot Gold was on track to register its second straight week of losses, as reports of promising coronavirus vaccine results and uncertainty over Federal Reserve’s stimulus programmes weighed on demand for the precious metal. In a letter, US Treasury Secretary Steven Mnuchin told Fed Chair Jerome Powell that $455 billion, allocated to the Treasury under […]
Read moreNovember 20, 2020 9:03 am
United Airlines (UAL) said in a Thursday filing that there had been an uptick in flight cancellations and a drop in bookings during the week ended November 18th, because of a recent surge in new coronavirus infections in the United States. United Air shares closed lower for the sixth time in the past ten trading […]
Read moreNovember 19, 2020 10:45 am
Futures on US West Texas Intermediate Crude Oil eased from yesterday’s one-week high on Thursday, as accelerating pandemic and tighter economic restrictions worldwide heightened concerns over weaker fuel demand, while overshadowing vaccine optimism. The latest data by the Center for Systems Science and Engineering at Johns Hopkins University showed total confirmed COVID-19 cases had already […]
Read moreNovember 19, 2020 8:52 am
American Airlines Group (AAL) announced on Wednesday plans to return Boeing Co’s 737 MAX to commercial flights by the end of the year, following an approval from the US Federal Aviation Administration to fly the aircraft again. The air carrier said it intended to resume non-commercial flights in early December, after which passenger flights would […]
Read moreNovember 18, 2020 11:14 am
Pfizer Inc (PFE) said that it had launched a pilot delivery program for its experimental COVID-19 vaccine in 4 US states, while the company attempts to deal with distribution challenges related with the vaccine’s frigid storage requirements. The vaccine, which has proven to be more than 90% effective against the COVID-19 disease based on preliminary […]
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