Category Archives: Markets
Scandinavian Airlines SAS invests 5.6 billion EUR in new fleet
The worlds most punctual airline Scandinavian Airlines SAS will over the next 8 years invest EUR 5.6 billion in a renewal of the fleet. Leaks from the airline indicates that an order for new aircraft … continue…
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Sony slides to three-decade low on strategy doubts
(Reuters) – Shares in Sony Corp slumped more than 7 percent to near 32-year lows, as investors doubted the Japanese consumer electronics giant has a strategy to fix its loss-making TV business and compete in … continue…
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JPMorgan reveals $2 billion trading loss
(Reuters) – JPMorgan Chase & Co, the biggest U.S. bank by assets, said it suffered a trading loss of at least $2 billion from a failed hedging strategy, a shock disclosure that hit financial stocks … continue…
Sterling hits all-time low vs yen
(Reuters) – Sterling hit an all-time low versus the yen on Thursday after concerns about a slowdown in the U.S. economy prompted investors to dump higher-risk currencies, including the pound, versus perceived safe havens. The … continue…
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Nikkei slides toward 9,000 in choppy trade
Nikkei ends down; approaches trough, says Nomura * Toyota makes modest gain on positive forecast * Gree, DeNA rebound, to scrap gambling games * Tepco surges on government capital injection, takeover By Sophie Knight … continue…
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US trade gap widens more than expected in March
(Reuters) – The U.S. trade deficit widened more than expected in March as imports surged to a record high, in another sign the government may have to scale back its estimate of first-quarter economic growth. … continue…
Cisco shares drop on tech spending worries
(Reuters) – Shares of Cisco Systems Inc (CSCO.O) slid more than 9 percent in early trading after the network equipment maker’s disappointing outlook exacerbated worries about government spending in the United States and Europe. Cisco’s … continue…
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Wall Street Week Ahead: All eyes on European elections
After Wall Street ended its worst week of the year on Friday, U.S. stock investors will look across the Atlantic next week to take their cue from Europe as France and Greece go to the … continue…
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Loonie hits $1.02 US
The Canadian dollar climbed above the $1.02 US level for the first time in seven months on Friday as the currency continued to rally following the Bank of Canada’s recent shift to a more hawkish … continue…
