Online Investing News - Page 13
Weekly Market Review - August 12-16
Euro was the worst performer of the week among forex majors as a top official at the European Central Bank (ECB) told the press that the ECB would force aggressive stimulus soon. New Zealand Dollar was also bearish, driven by the economic outlook of the Reserve Bank of New Zealand.... Read more.
Saudi Aramco Still World’s Largest Oil Producer Despite 12% Decline
The Saudi Arabian Oil Company, shortly called Saudi Aramco, saw its first-half profit tumble 12%. The state-owned company plans to carry out a major i... Read more.
Weekly Market Review - August 5-9
This week has been quite agitated amid the intensifying tensions between China and the US. Last week. Trump threatened that the US would impose an add... Read more.
Saxo Bank Completes Acquisition of BinckBank
Danish Saxo Bank announced on Wednesday that it had completed the acquisition of BinckBank, a Dutch broker that operates an electronic trading platfor... Read more.
Adidas Q2 Revenue Fell Short of Expectations
German sportswear manufacturer Adidas reported on Thursday its financial results for the second quarter of this year. While the performance was disapp... Read more.
HSBC CEO John Flint Steps Down, Bank Prepares Job Cuts
London-based banking giant HSBC Holdings announced on Monday, August 5, that CEO John Flint had stepped down. The surprising announcement came out by ... Read more.
Weekly Market Review - July 22-26
This week was quite exciting and full of relevant events. In the UK, Boris Johnson was selected as the new Prime Minister to replace Theresa May. He h... Read more.
Nissan to Cut 12,500 Jobs After Worst Quarter in 10yrs
Japanese Nissan Motor published on Wednesday its financial performance for the first quarter of the fiscal year 2019. The profits declined more than 9... Read more.
Facebook, Amazon Spend Record Amount For Lobbying
Facebook and Amazon spent record amounts for lobbying in the second quarter of this year, according to Bloomberg. The increase in spending is driven b... Read more.
UBS Reports Highest Q2 Profit in 9 Years
Swiss banking giant UBS published its financial report for the second quarter of this year. The lender recorded the highest second-quarter earnings si... Read more.
Hyundai Reports Biggest Net Profit Gain in 7 Years
South Korean carmaker Hyundai Motor published its financial results for the second quarter of this year. The company saw the largest quarterly profit ... Read more.
Jacob has been an author for us since our launch in 2012. He has over forty years’ experience in the financial sector and has held a variety of positions within financial services corporations and venture capitalist organisations.
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