February 2, 2015 11:09 am
General Motors Co confirmed on Monday its plans to build a new manufacturing facility in Indonesia, a move that will put pressure on Japanese peers, which dominate the region. SAIC-GM-Wuling, a joint venture between GM China, Wuling Motor and state-owned SAIC, will establish a plant close to Jakarta in order to start manufacturing Wuling brand […]
Read moreFebruary 2, 2015 9:31 am
Ryanair Holdings Plc boosted its full-year expectations as it reported strong performance in the third quarter driven by more customers and lower fuel expenses. Net profit for the three months ended December 31st stood at €49 million, a significant improvement over the €35 million loss the discount air carrier reported in the third quarter of […]
Read moreFebruary 2, 2015 9:18 am
Friday’s trade saw USD/CAD within the range of 1.2602-1.2798. The daily high has also been the highest level since March 13th 2009, when a high of 1.2846 was recorded. The pair closed at 1.2732, surging 0.91% on a daily basis, which marked a third consecutive daily gain. At 9:16 GMT today USD/CAD was up 0.27% […]
Read moreFebruary 2, 2015 8:31 am
Friday’s trade saw EUR/USD within the range of 1.1277-1.1365. The pair closed at 1.1288, losing 0.28% on a daily basis. At 8:27 GMT today EUR/USD was up 0.26% for the day to trade at 1.1317. The pair touched a daily high at 1.1339 at 8:32 GMT. Fundamentals Manufacturing data Activity in Italy’s sector of manufacturing […]
Read moreFebruary 2, 2015 8:18 am
Gold scored its biggest monthly increase in three years as investors sought the safety of the metal amid disappointing projections of global growth and steadied to trade around $1 280 an ounce after Fed officials boosted their prospects for the US economy. Comex gold for delivery in April climbed 0.11% to $1 280.6 per troy […]
Read moreFebruary 2, 2015 7:34 am
Friday’s trade saw EUR/GBP within the range of 0.7478-0.7539. The daily high has also been the highest level since January 23rd, when a high of 0.7584 was recorded. The pair closed at 0.7491, losing 0.29% on a daily basis. At 7:30 GMT today EUR/GBP was up 0.18% for the day to trade at 0.7510. The […]
Read moreFebruary 1, 2015 8:31 am
Friday’s trade saw EUR/CAD within the range of 1.4270-1.4494. The daily high has also been the highest level since December 17th, when a high of 1.4566 was recorded. The pair closed at 1.4372, surging 0.62% for the day, while marking a fifth consecutive daily gain. The cross appreciated 3.25% for the whole week, which marked […]
Read moreJanuary 31, 2015 8:01 am
Friday’s trade saw GBP/JPY within the range of 176.06-178.60. The pair closed at 176.99, losing 0.70% on a daily basis. The cross gained 0.25% for the whole week, which followed four consecutive weeks of losses. On Monday (February 2nd) GBP/JPY may be influenced by a number of fundamentals, as listed below. Fundamentals United Kingdom Manufacturing […]
Read moreJanuary 30, 2015 4:03 pm
AbbVie Inc. reported on Friday quarterly results that exceeded projections boosted by strong performance of its arthritis Humira drug, but merger-related costs led to a net loss. The US drugmaker reported net sales of $5.45 billion for the three months ended December 31, up 6.7% compared to a year ago. Analysts polled by Thomson Reuters […]
Read moreJanuary 30, 2015 2:25 pm
BT Group Plc will inject £1.5 billion into its pension plan by the end of April, outlining efforts to reduce its growing deficit amid stronger profits and network upgrade. The company has agreed to a 16-year recovery plan with the pension trustees, including a injection of £1.5 billion over the next three months and an […]
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