Wall Street looks at China and US trade negotiations
The stock exchanges in New York were opened on Thursday with small pluses. Investors on Wall Street focus primarily on trade talks between the United States and China.…
Continue ReadingFederal Reserve sees forthcoming risks in economy
The Federal Reserve, the umbrella corporation of US central banks, sees more economic risks in the coming months. This is evident from the minutes of the policy meeting…
Continue ReadingStrikes at GM continues, no solution in sight yet
The millions of devouring strikes at General Motors (GM) ended up in the third week. The main point of contention in the negotiations between the car manufacturer and…
Continue ReadingKingfisher gets a new CEO
Kingfisher, the largest do-it-yourself chain in Europe, gets a Dutchman as the new financial chief. Bernard Bot comes over later this month from travel industry technology company Travelport…
Continue ReadingStrikes at rivals help easyJet to move forward
The British airline easyJet has taken full advantage of the recent strikes at competitors Ryanair and British Airways. The price fighter refined his forecasts when publishing the provisional…
Continue ReadingHSBC cuts the workforce
The British bank HSBC may be scrapping some 10,000 jobs. Plans for this are currently being worked out by the new interim chief executive Noel Quinn, according to…
Continue ReadingGerman factory orders are continuing to decline
Factory orders in Germany fell again in August. This data was presented by the German Federal Statistical Office. Orders fell 0.6 percent on a monthly basis. Economists generally…
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