Rolls-Royce Records 25% Jump in Full Year Profit in 2019
Aircrafts engine-maker, Rolls-Royce, has posted a 25% increase in operating profit in the full year period that ended on 31st December 2019, from £616 million in 2018 to hit £810 [...]
Global Markets Daily Wrap Up
Stocks on Wall Street began Friday's trading session lower with the Dow Jones falling more than 700 index points at the open. Rising concerns over the coronavirus outbreak remained in [...]
Global Markets Decline Continues
US stock markets continued to decline on Thursday, with the Dow Jones Industrial Average falling over 800 points on coronavirus-related fears. The World Health Organization's director-general Tedros Adhanom Ghebreyesus warned the world [...]Daily FX Masterpiece 25/02/2020
Markets across Asia and Europe continued their bearish run amid fresh fears of the coronavirus spread. Monday trading shock loss saw some stock record their sharpest losses in ages. Events [...]Shopify Joins Facebook's Libra Association
Shopify has been the latest firm to join Facebook's Libra association, despite the exodus of a number of firms including Vodafone, Paypal, Mastercard, Visa,eBay, Stripe,Booking Holdingsand Mercado Pago. Its entry [...]Namibia Begins Exporting Meat to the US
Namibia has begun exporting meat to the United States, becoming the first African country to manage that, after it sent 25 tonnes of beef to Philadelphia. This follows eighteen years [...]Daily Global Markets Review
Highlights According to Global Times, production of the first antiviral drug approved by Chinese authorities to treat nCoV, Favipiravir, is reportedly well in progress and is expected to hit the [...]US Hikes Tariffs on Airbus Plane Imports
The United States has hiked the tariffs on plane imports from the European Union (largely Airbus), from 10% to 15%. The hike will take effect on 18th March 2020. In [...]European Asian Markets End Week in Dismal Performance
European and Asian Markets continued their dismal performance into Friday. Trading activity in those markets showed dimmed investor confidence. There were various factors for this, ranging from crude oil demand [...]US Stocks Rally Continues as Coronavirus Cases Decline
The US equities continued to rally as the Dow Jones Industrial Average, SP 500 and the Nasdaq heating record highs on Wednesday. According to Gaurav Kashyap, a market strategist at [...]Coronavirus May Affect Commodity Based African Economies
Coronavirus continues to dampen Chinese economic growth with these effects poised to trickle to commodity-based African economies. As of February 11, Chinese authorities reported 1113 deaths and 44653 confirmed cases. [...]Boeing Records Zero Plane Orders in January 2020
Plane manufacturer, Boeing, did not receive any plane orders in January 2020, attributed to the mess meted upon the company by the 737 Max crisis. This is the first time [...]
