The Latest Global Financial News - Page 4
This week, several major companies reported their financial results over the quarter. Thus, FedEx and Micron reported better than expected earnings per share (EPS) while Nike recorded EPS below forecasts. In the Forex market, EUR/USD slightly fell by 0.03% on the week as the world is watching the de... Read more.
On Wednesday, the US Federal Aviation Administration (FAA) said that it had found another issue with Boeing’s 737 Max 8, a problematic jet model tha... Read more.
Crypto exchange and clearinghouse LedgerX obtained the green light from the US Commodity Futures Trading Commission (CFTC) to launch physically settle... Read more.
Package delivery service provider FedEx presented on Tuesday its financial results for the fourth quarter. The revenue and earnings figures beat analy... Read more.
On Monday, Amazon announced the launch of Amazon Professional Beauty Store, which will sell beauty products aimed at professional stylists, aesthetici... Read more.
The Australia and New Zealand Banking Group (ANZ), the second largest bank in Australia by assets, is facing a huge scandal after the head of its New ... Read more.
German wholesaler Metro received an unsolicited buy offer from EP Global Commerce, an acquisition vehicle owned by two investment partners, Patrik Tka... Read more.
This week, the US dollar has been by far the worst performer, as the Fed suggested it might be ready to cut interest rates by the end of this year if ... Read more.
On Wednesday, Facebook finally announced its upcoming cryptocurrency officially. Called Libra, the new coin has already sparked an avalanche of reacti... Read more.
Swedish carmaker AB Volvo reached an agreement with US-based tech company Nvidia Corp to build artificial intelligence (AI) technology systems used in... Read more.
On Tuesday, US-based software company Adobe reported the financial results for its second quarter of the year, which ended on May 31. The profit and r... Read more.
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