November 9, 2020 8:58 am
Total vehicle sales at Ford Motor Co’s (F) ventures in China rose in October compared to a year ago, supported by strong demand for Sport-utility Vehicles (SUVs) and vans. Ford shares closed lower for the seventh time in the past ten trading sessions in New York on Friday. The stock went down 2.50% ($0.20) to […]
Read moreNovember 6, 2020 10:44 am
After surging more than 2% on Thursday amid post-election volatility and weaker US Dollar, Gold was mostly steady on Friday and was set to register its best weekly performance since late July due to prospects of more central bank support, as a divided US Congress under a Biden administration dimmed outlook for immediate fiscal stimulus. […]
Read moreNovember 6, 2020 9:14 am
Electronic Arts Inc (EA) and UFC announced on Thursday the extension of their partnership to continue to deliver authentic and innovative mixed martial arts (MMA) games to 2030. Electronic Arts shares closed higher for a third consecutive trading session on NASDAQ on Thursday. The stock went up 2.41% ($3.02) to $128.33, after touching an intraday […]
Read moreNovember 5, 2020 10:54 am
Ford Motor Co (F) announced on Wednesday the recall of nearly 375,000 Explorer SUVs in North America, because of a part that could detach and cause a crash. Ford shares closed lower for the seventh time in the past ten trading sessions in New York on Wednesday. It has also been the steepest single-session loss […]
Read moreNovember 5, 2020 9:26 am
AUD/USD edged higher on Thursday, while trading not far from yesterday’s three-week high of 0.7222, as reports stated Democrat Joe Biden had moved a step closer to the White House in a knife-edge presidential election. Still, however, investors were braced for uncertainty over the election outcome, after Republican incumbent President Donald Trump launched a multi-pronged […]
Read moreNovember 4, 2020 10:57 am
Walmart Inc (WMT) said earlier this week that it no longer planned to use roving robots to scan shelves and track inventory at its stores. “This was one idea we tried in roughly 500 stores just as we are trying other ideas in additional stores,” the US retailer said in a statement, cited by Reuters. […]
Read moreNovember 4, 2020 9:06 am
NZD/USD, along with other risk-sensitive assets, retreated sharply on Wednesday, as early results from the US presidential election revealed a tight race while market players were prompted to wind back bets on Biden victory. Donald Trump was having a lead in key states such as Florida and Ohio, while investors were expecting to see if […]
Read moreNovember 3, 2020 10:38 am
AT&T Inc (T) said on Monday that it had finalized the sale of its wireless and wireline operations in Puerto Rico and the US Virgin Islands to Liberty Latin America for $1.95 billion in cash. AT&T shares closed higher for a third consecutive trading session in New York on Monday. The stock went up 1.18% […]
Read moreNovember 3, 2020 8:45 am
AUD/USD rebounded from earlier lows, hit right after the Reserve Bank of Australia’s decision to ease policy, but moves were limited due to caution ahead of US Election Day. Market players have remained focused on the US election result later Tuesday, with many investors relying on the safety of the US Dollar so that they […]
Read moreNovember 2, 2020 10:34 am
Futures on US West Texas Intermediate Crude Oil extended losses from the prior trading days on Monday and hit lows not seen since late May, as markets prepare for high volatility during the US presidential election week. Concerns that the re-imposition of lockdown measures in Europe to slow down coronavirus spread could further weaken demand […]
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