November 2, 2020 8:20 am
Lowe’s Companies Inc (LOW) announced last Friday plans to hire 20,000 associates across its US stores and regional distributors, as it makes preparations to meet higher consumer demand during the holidays. Other retailers such as Walmart Inc, United Parcel Service and Dollar Tree have also said they will hire seasonal personnel in an attempt to […]
Read moreOctober 30, 2020 10:32 am
Following two straight trading days of losses, GBP/USD edged up during mid-European trade on Friday and looked set for a monthly gain. Still, however, moves were limited due to lack of new headlines concerning Brexit trade deal talks. EU-UK negotiations were resumed this week, with fisheries and rules governing state subsidies remaining the two critical […]
Read moreOctober 30, 2020 8:22 am
According to a report by Electrek on Thursday, citing a source with knowledge of the matter, Tesla Inc (TSLA) intends to open at least one new service center every week during next year. Currently, the auto maker operates 466 service centers across the globe, the same media reported. Tesla shares closed higher for the fourth […]
Read moreOctober 29, 2020 10:47 am
After its steepest single-day slump since October 13th on Wednesday, Spot Gold was mostly steady during European trade on Thursday as recent US Dollar rally paused, while accelerating virus spread globally and uncertainty surrounding the US presidential election next week were factors supporting safe haven demand for the precious metal. Recent polls show that Democrat […]
Read moreOctober 29, 2020 8:33 am
Mastercard Inc (MA) said on Wednesday that overall travel spending would probably not pick up anytime soon, as it reported a sharp drop in its third-quarter earnings. The company also said that cross-border volume recovery would depend on the timing and the availability of coronavirus vaccines. Mastercard shares closed lower for a fourth consecutive trading […]
Read moreOctober 28, 2020 10:32 am
According to a Tuesday report by Reuters, ByteDance-owned TikTok intends to hire nearly 3,000 engineers in Singapore, Canada and Europe during the upcoming three years. “To support our rapid global growth, we plan to continue expanding TikTok’s global engineering team, including adding approximately 3,000 engineers in Canada, Europe, Singapore, as well as the U.S., over […]
Read moreOctober 28, 2020 8:51 am
AUD/USD remained mostly steady in early European session on Wednesday, while being not far from last Friday’s one-week high of 0.7158, after an official report showed Australian consumer price inflation had come in slightly better than expectations. Consumer prices went up 0.7% year-on-year during the third quarter, while matching a consensus of estimates, following a […]
Read moreOctober 27, 2020 10:52 am
Facebook Inc (FB) announced on Monday the launch of a free-to-play cloud gaming feature on its social media platform, which will enable users to play games such as “WWE SuperCard” and “Asphalt 9: Legends” without the need to download them. Facebook shares closed lower for the sixth time in the past ten trading sessions on […]
Read moreOctober 27, 2020 8:40 am
NZD/USD rose on Tuesday and was on track to retest last Friday’s one-month high of 0.6705, as upbeat Asian macro data offset concerns over a second wave of the COVID-19 disease across the United States and Europe. Profits in China’s industrial sector surged for a fifth consecutive month in September, while South Korea returned to […]
Read moreOctober 26, 2020 10:38 am
American Express Co’s (AXP) third-quarter earnings, reported on Friday, fell short of analyst estimates, since its clients trimmed spending during the coronavirus-induced economic downturn. Shares of American Express Company closed lower for the sixth time in the past ten trading sessions in New York on Friday. It has also been the steepest single-session loss since […]
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