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GBP/USD Forecast: Market Players Will Likely Remain Cautious Ahead Of Elections' Outcome

GBP/USD Forecast: Market Players Will Likely Remain Cautious Ahead Of Elections' Outcome

Sterling held most of those gains even though data showed Britain's economy grew at its slowest annual pace in almost seven years in October, just 0.7%. GBP/CAD Outlook: UK General Election to Drive P...

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US Federal Reserve Holds Rates Steady After 3 Prior Cuts for 2019

US Federal Reserve Holds Rates Steady After 3 Prior Cuts for 2019

However, a majority of the 31 economists recently polled by Bloomberg expect that Fed officials won't allow the 2020 presidential election to sway their monetary policy decisions and will keep rates...

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Apple continues to dominate the wearables industry

Apple continues to dominate the wearables industry

Fitbit, recently acquired by Google, has shipped 3.5 million units, corresponding to a 4.1% global market share. "Most of the growth in demand for wearables was driven by new products in the hearabl...

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Redesigned 2021 Chevrolet Tahoe, Suburban Revealed

Redesigned 2021 Chevrolet Tahoe, Suburban Revealed

Fuel economy hasn't been announced for the Tahoe and Suburban yet. The turbocharged 3.0-liter is an inline-6-cylinder that's rated at 277 hp with 460 lb-ft of torque. For instance, it can lower 2 in...

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ADB cuts GDP growth forecast for India and rest of developing Asia

ADB cuts GDP growth forecast for India and rest of developing Asia

The strong growth was driven by the industrial sector, which even managed to offset a decline in growth in the agricultural sector, the Institute for Economic and Policy Research (VEPR) said in a rece...

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Saudi Aramco shares jump 10% on Riyadh stock market debut

Saudi Aramco shares jump 10% on Riyadh stock market debut

Instead, potential buyers outside Saudi Arabia thought his $2 trillion valuation was too high. Then, just a few days before the announcement of the Aramco share price, a survey among 31 fund man...

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Repo blowup was fuelled by big banks, hedge funds

Repo blowup was fuelled by big banks, hedge funds

Cash available to banks for short-interval funding all however dried up in late September, and rates of interest deep in the plumbing of USA financial markets soared into double digits. on the Federal...

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French workers need to work until age 64 to get full pension

French workers need to work until age 64 to get full pension

Meanwhile, public transport in the capital remained nearly stopped, with only two of the 16 subway lines operating normally, nine completely closed and suburban trains also suffered major disruptions....

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Company surprises employees with $10 million in bonuses at holiday party

Company surprises employees with $10 million in bonuses at holiday party

Some were brought to tears when they found out what their bonus was. "What happened tonight was magical", said 19-year company veteran Danielle Valenzia. They are the foundation and the reason behin...

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First commercial electric plane takes flight in Canada

First commercial electric plane takes flight in Canada

Ganzarski said that in addition zero emissions, e-planes are low-priced and will allow savings on fuel. "This signifies the start of the electric aviation age", he told reporters. Several other comp...

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Company surprises its 198 employees with $10 million bonus

Danielle Valenzia, an accounts payable specialist in the company for 19 years, said in the video, 'It's life-changing'. The holiday bonus is in addition to the company's annual year-end bonus. "My p...

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WTI Crude Oil Forecast: Continue Testing Resistance

WTI Crude Oil Forecast: Continue Testing Resistance

Brent futures were down 0.3 per cent at $64.19 per barrel, as of 0632 GMT, having risen sharply last week after OPEC and its allies agreed to deepen output cuts. Oil producers led by Saudi Arabia ...

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UK October GDP flat

UK October GDP flat

The biggest decline was the 2.3% drop in construction output, caused by what the ONS said was a "notable drop in housebuilding and infrastructure". United Kingdom economy shows zero growth in three ...

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Saudi Arabia's government invested over US$2b in Aramco IPO

Saudi Arabia's government invested over US$2b in Aramco IPO

The kingdom has been grappling with a deficit since oil prices first plunged in 2014. Spending is expected to fall from about 1.05 trillion riyals this year to 1.02 trillion riyals in 2020, then to ...

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Jaguar i-Pace adds 20km range via software update

Jaguar i-Pace adds 20km range via software update

The boost in range is via software optimization of the battery management, vehicle cooling systems, as well as the vehicle's all-wheel-drive system. Owners of I-Pace SUVs will have to visit dealers...

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Wall Street falls as Apple, health shares drag, tariff deadline looms

The Federal Open Market Committee's two-day policy meeting kicks off on Tuesday and investors are expecting updates from the central bank on its 2020 economic outlook. Most of the S&P 500 sectors were...

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‘Manufacturing sector activity inches up in November on new orders’

‘Manufacturing sector activity inches up in November on new orders’

Besides, the survey indicated that manufacturers were partly helped by external markets, as signalled by a further expansion in global sales. "After pulling back noticeably in October, manufacturing...

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Climate change: COP25 recognises that children are leading climate change activism

Climate change: COP25 recognises that children are leading climate change activism

Bloomberg, like other Democratic hopefuls, has vowed to rejoin the Paris accord if he's elected president next year. A diplomatic partnership between the United States and China, the world's two big...

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Elon Musk Shares New Update on Tesla's Electric ATV

Elon Musk Shares New Update on Tesla's Electric ATV

But in the days following the Cybertruck launch, whether and when it would be available was the question on many people's lips, and Musk initially said when answering a fan on Twitter that it woul...

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Renewables 'to become France's main energy source by 2027'

Renewables 'to become France's main energy source by 2027'

Gain a global perspective on the development of the market. Solar Generator Market Analysis of Industry Chain Pattern, Primary Resources, manufacturing sector. Asia-Pacific has emerged as the leadin...

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Mexico Says ‘Red Lines’ Must Be Respected in U.S. Trade Deal

Mexico Says ‘Red Lines’ Must Be Respected in U.S. Trade Deal

Mr. Seade has previously said that the deal would also include a provision to end "panel-blocking", a tactic that Mexico and Canada have accused the US of using to stop trade tribunals from being set ...

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Away replaces CEO Steph Korey after Verge investigation The Verge

Away replaces CEO Steph Korey after Verge investigation The Verge

The shakeup came four days after an exposé in The Verge detailed how Korey oversaw a "toxic" work culture at the online suitcase retailer and berated underlings in public Slack chatrooms. Haselden w...

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As US Fed reiterates rate pause, forecasts seen blown off course

As US Fed reiterates rate pause, forecasts seen blown off course

To this point, the rate of interest cuts seems to be working. Individual Fed speakers have reinforced the message that there needs to be a "material" change in the economic outlook for them to imple...

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Chinese inflation hits eight-year high in November as pork prices double

Chinese inflation hits eight-year high in November as pork prices double

The key inflation reading was higher than a 3.8% rise in October and beat a median forecast of a 4.4% increase by economists in a Wall Street Journal poll. Beijing has rolled out a series of measure...

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Tullow Oil shares slump as CEO resigns, dividend scrapped

Tullow Oil shares slump as CEO resigns, dividend scrapped

The company said that Dorothy Thompson has been appointed as executive chair of the business, while Mark Macfarlane, current executive vice-president in east Africa, has been appointed as chief oper...

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Planedemonium At Aussie Airports As IT Drama Hits Jetstar Flights

Planedemonium At Aussie Airports As IT Drama Hits Jetstar Flights

Worldwide and domestic Jetstar passengers were told to expect delays on Tuesday as computer issues left commuters waiting for up to four hours. A spokeswoman for Sita confirmed to the Herald about 5...

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Holden has killed off the Commodore

Holden has killed off the Commodore

In addition, all MY19 ZB Commodores and MY19 BK Astras ordered or delivered from today onwards will be subject to Holden's market leading seven-year free scheduled servicing offer. The VF may have b...

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E. Coli Contamination Confirmed in Salad Kits Sold Locally

E. Coli Contamination Confirmed in Salad Kits Sold Locally

The Centers for Disease Control and Prevention are warning people against eating certain Fresh Express Sunflower Crisp Chopped Salad Kits after an E.coli outbreak in three states, including Wisconsin....

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Prosus increases hostile takeover bid for Just Eat

Prosus increases hostile takeover bid for Just Eat

The technology investment company, spun out of Naspers [ JSE:NPN ], increased its cash offer by 4.2% to 740 pence (R142.66) per share, valuing Just Eat at about £5.1bn (R98.3bn), Prosus said in a ...

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Former Fed Chair Paul Volcker Dies At 92

Former Fed Chair Paul Volcker Dies At 92

In 2018, he published a memoir, "Keeping at It: The Quest for Sound Money and Good Government", and expressed concern about the direction of the federal government. After leaving the Fed, Volcker acce...

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