Huawei sees 2020 as most difficult and challenging year due to blacklisting by US

March 31, 2020

Category: News

Huawei Technologies rotating Chairman Eric Xu said that 2020 will be the most difficult and challenging year for the company despite reporting a 19.1% increase in revenues and a 5.6% in net profit in 2019. In a virtual press conference […]

Treasury yields struggle for direction as stimulus hopes contend against virus fears

March 25, 2020

U.S. Treasury yields edged up in choppy trading on early Wednesday as investors struggled to balance news of a $2 trillion fiscal stimulus package agreement against broader worries about the ongoing infection rate and death toll from the COVID-19 pandemic. […]

Boeing stock plunges again after coronavirus bailout quest spooks investors

March 18, 2020

Via: Fortune
Category: Industries, Others

Boeing Co.’s rout deepened as investors reacted with alarm to news that the planemaker is seeking at least $60 billion in U.S. government aid for itself and suppliers in a race to shore up cash to weather the coronavirus pandemic. […]

Energy, Industries

Energy stocks propel broader market higher as crude soars on hopes for a Saudi-Russia truce

April 2, 2020


Energy stocks propelled the broader stock market higher Thursday, driven by a surge in crude prices on hopes that Saudi Arabia and Russia could step back from their price war. The Dow Jones industrial average jumped 300 points, a day […]


Boeing expected to announce voluntary buyouts in message to all 161,000 employees

April 2, 2020

Via: Fortune

Boeing Co. offered voluntary buyouts to eligible employees, in a bid to quickly shed costs and adjust its work force of 161,000 to a coronavirus crisis that’s quickly undermined the outlook for aircraft sales. “When the world emerges from the […]

Finance Tech, Liquidity

Gold attempts to bounce higher to start April, second quarter amid coronavirus spread

April 1, 2020

Via: Market Watch

Gold futures were attempting to regain some traction higher on Wednesday to start the new month and quarter, amid expectations of increasingly poor economic data due to the COVID-19 pandemic which has helped to partly support gold buying or at […]

Finance Tech, Trading

Global shares skid as coronavirus infections soar

April 1, 2020

Via: ABC News

Global shares skidded Wednesday as reports of rising numbers of coronavirus cases deepened the gloom over the likely impact on the world economy. France’s CAC 40 slipped 3.6% to 4,241.02 in early trading, while Germany’s DAX shed 2.9% to 9,648.42. […]