The Latest Global Financial News - Page 4

Weekly Market Review - June 24-28

Weekly Market Review - June 24-28

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.

US FAA Discovers New Flaw in Boeing’s 737 Max Jets

US FAA Discovers New Flaw in Boeing’s 737 Max Jets

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.

LedgerX Secures CFTC Nod For Physically Delivered BTC Futures Contracts

LedgerX Secures CFTC Nod For Physically Delivered BTC Futures Contracts

Crypto exchange and clearinghouse LedgerX obtained the green light from the US Commodity Futures Trading Commission (CFTC) to launch physically settle... Read more.

FedEx Reports Better Earnings, Sino-US Trade War Still Gloomy

FedEx Reports Better Earnings, Sino-US Trade War Still Gloomy

Package delivery service provider FedEx presented on Tuesday its financial results for the fourth quarter. The revenue and earnings figures beat analy... Read more.

Amazon Launches Beauty Store, Obtains Patent For Drone Surveillance

Amazon Launches Beauty Store, Obtains Patent For Drone Surveillance

On Monday, Amazon announced the launch of Amazon Professional Beauty Store, which will sell beauty products aimed at professional stylists, aesthetici... Read more.

ANZ Scandal Widens as Pressure From Central Bank, NZ Government Rises

ANZ Scandal Widens as Pressure From Central Bank, NZ Government Rises

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.

Metro Not Happy With Takeover Offer Price

Metro Not Happy With Takeover Offer Price

German wholesaler Metro received an unsolicited buy offer from EP Global Commerce, an acquisition vehicle owned by two investment partners, Patrik Tka... Read more.

Weekly Market Review - June 17-21

Weekly Market Review - June 17-21

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.

Facebook Announces Libra, Central Banks, Politicians go Crazy

Facebook Announces Libra, Central Banks, Politicians go Crazy

On Wednesday, Facebook finally announced its upcoming cryptocurrency officially. Called Libra, the new coin has already sparked an avalanche of reacti... Read more.

Volvo And NVIDIA to Develop AI-Powered, Self-Driving Trucks

Volvo And NVIDIA to Develop AI-Powered, Self-Driving Trucks

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.

Adobe’s Q2 Revenue, Profit Beat Analysts’ Expectations

Adobe’s Q2 Revenue, Profit Beat Analysts’ Expectations

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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