Monday, December 30, 2019

Google Alert - finance

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finance
As-it-happens update December 31, 2019
NEWS
Reuters
BEIJING (Reuters) - Manufacturing activity in China expanded for a second straight month in December as seasonal demand and signs of progress in trade talks with Washington boosted factories' output and order books. FILE PHOTO: A worker welds ...
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Forbes
And he left just when we had grown accustomed to "New stock market high!" headlines with a growing enthusiasm about 2020. So, why the December 30 drop? Is it a simple adjustment or the result of thin, holiday trading? Or is it a sign that the steady ...
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The New York Times
HONG KONG — For Huawei, it has been a year of lawsuits, blacklists, diplomatic fights, spying accusations and, most recently, viral anger from the Chinese internet. Through it all, the company posted solid growth, its deputy chairman Eric Xu said on Tuesday.
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pymnts.com
Popular financial app Venmo briefly went down for a few hours on Monday (Dec. 30), the company confirmed, according to reports. The desktop version of the payment software was also affected in the outage. According to Down Detector, an online platform ...
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Forbes
In the past few days, presidential candidate Sen. Bernie Sanders (I-VT) has faced criticism over news that his campaign spent more than any other did on Amazon orders, around $233,350, as of this fall — mostly on office supplies sold by third-party vendors ...
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Forbes
If you're like millions of people across the globe, you probably plan on entering the new decade armed with your vision board, your shiny new planner from Amazon and other goal-conquering tools. But there's also a good chance that you spent New Year's ...
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CNBC
The dollar dipped to a near three-week low against the yen in thin year-end volume on Tuesday as investors favored riskier assets, led by renewed optimism about global growth. The greenback was off 0.1% at 108.77 against the Japanese yen, on track for its ...
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New York Post
This is the time of year when columnists get to show how smart they aren't by making predictions. The other choice is reminiscing about the past year. But you already know what happened in 2019, so I'll go with predictions. Here's what I know for sure.
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TechCrunch
Huawei reported resilient revenue for 2019 on Tuesday as the embattled Chinese technology group continues to grow despite prolonged American campaign against its business, but cautioned that growth next year could prove more challenging. Eric Xu ...
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CNBC
Gold prices were steady on Tuesday, holding below a more than two-month peak hit in the previous session, as weakness in the dollar countered optimism about the United States and China signing an interim trade deal soon. Spot gold was little changed at ...
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Investorplace.com
US stocks closed in the red today, the second to last trading day of a year that saw equities reach record highs. The DJIA fell over 180 points while the S&P 500 declined over 0.5% and the NASDAQ Composite slipped 0.67%. The decline in stocks came after ...
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Nasdaq
Dec 30 (Reuters) - Oilfield services provider McDermott International Inc MDR.N is in talks with lenders to file for bankruptcy within weeks, the Wall Street Journal reported on Monday, citing people familiar with the matter. A group of lenders led by HPS ...
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Forbes
After struggling to hold their head above water, natural gas futures sank Monday as sustained cold weather remained absent from long-range forecasts. The February Nymex gas futures contract, in its first day in the prompt-month position, settled at ...
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Nasdaq
(RTTNews) - Brazil fined Facebook US$1.6 million for improperly sharing users' data in a case linked to the global Cambridge Analytica scandal. Last year, Facebook had faced severe criticism in the wake of revelations that data from 87 million people was ...
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Sky Statement
Americans have accumulated near-record levels of credit card debt over the past year as card companies have increased interest rates and fees. The booming market is helping drive record banking industry profits but could become increasingly costly for ...
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Economic Times
The Reserve Bank of India (RBI) announced a big change in the way interest rates on loans are calculated. The central bank mandated all banks to link their floating rate loans to an external benchmark instead of the marginal cost-based lending rate (MCLR).
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SiliconANGLE
Microsoft Corp. has successfully seized 50 domain names being used by a suspected North Korean hacking group as part of a broader campaign against cybercrime. The hacking group, dubbed "Thallium," is alleged to have been using the domains to ...
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Digital Trends
Kia is getting serious about electric cars. After launching a pair of electric models based on existing small hatchbacks, the Korean automaker looks set to launch its first electric car based on a clean-sheet design. That car will be based on the Imagine concept ...
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Crain's Chicago Business
(Bloomberg) — A gloomy year for pot stocks is ending on a dismal note, with the industry's first exchange-traded fund falling to a record low on Monday. The Horizons Marijuana Life Sciences ETF slid as much as 4.8% to C$8.20, the lowest since it was ...
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Economic Times
By Bhaskar Chakravorti 2019 may be remembered as the year so many unicorns turned into donkeys. After its IPO, Uber fell from the stratospheric valuation it commanded as a private company. So did its prime competitor, Lyft — together, they have shed ...
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PEOPLE Great Ideas
Red Lobster is ringing in the new year with an over-the-top bloody Mary. The seafood chain introduced the limited edition Lobster Claw Bloody Mary on Monday, and it is larger than life. According to a press release, it's made with Tito's vodka and Red ...
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The Globe and Mail
A year-end CIBC poll finds debt is weighing heavily on the minds of Canadians, with nearly four in five respondents rating it more important to address than building their savings. The online survey also finds that 71 per cent of respondents say they avoided ...
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WFMYNews2.com
MOORESVILLE, N.C. — You better check your lottery tickets because there is a $1,000,000 unclaimed Cash 5 winning ticket floating around in North Carolina. The $1,000,000 winning ticket was sold in Mooresville at the Food Lion on Shearer Road.
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Times of India
In a public notice issued recently, telecom operator Airtel has announced that it is discontinuing its current Start-Up-Kit (SUK) plan of Rs 23. Instead, it has introduced Rs 45 base plan which is 95% more than the previous one. According to the notice, Airtel's ...
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Liverpool Echo
A warning was issued about cheap and dangerous fake alcohol being sold by rogue retailers ahead of the biggest social night of the year. It follows council seizures of counterfeit vodka from shops and storage facilities. Some counterfeit bottles of vodka are ...
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Times of India
Mumbai: In an effort to avoid frauds like the one seen in PMC Bank, the Reserve Bank of India (RBI) on Monday proposed to tighten lending rules for urban co-operative banks (UCBs). The regulator plans to limit these lenders' exposure to a single party and a ...
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Chain Store Age
In the not-too-distant future, shoppers at Amazon Go stores may be able to use just a wave of their hands for cashless payments. The US Patent and Trademark Office published a patent application from Amazon on Thursday for a touchless scanning system ...
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SocialNews.XYZ
In one of the biggest debt resolution deals outside the Insolvency and Bankruptcy Code, RattanIndia Power Ltd has done an agreement with its consortium of lenders led by PFC and SBI under which the existing principal debt of ₹6,574 crore will be taken ...
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Vancouver Sun
According to figures shared by airport officials and the city, more than 1 million passengers departed or arrived at YXX this year, an 18.7 per cent increase over the previous year. Postmedia News. Updated: December 30, 2019. More than 1 million passengers ...
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The Wiltshire Gazette and Herald
TRAVELLERS using South Western Railway are being warned to expect disruption over the New Year period because of ongoing strike action by the RMT rail union. An amended timetable is in place for many areas, especially services to London Waterloo.
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Business Standard
Intermittent clampdowns on the internet in December are learnt to have significantly affected online commerce as well as digital payments companies, apart from telcos, in the country. Though none is talking about the extent of the losses, industry sources say ...
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The Edge Markets MY
KUALA LUMPUR: Malaysian palm oil futures touched an almost three-year high and extended their winning streak on Monday supported by forecasts of a steeper-than-expected seasonal decline and a push for higher palm oil levels in biodiesel in Indonesia ...
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