Brent Crude was trading 1.15% down at $72.25. Oil prices fell for a second straight session on Friday as the U.S. dollar soared on the prospect of interest rate hikes in the United States, but they were on track to finish the week little changed and only slightly off...
1.AMAZON:Amazon will guarantee an entry-level wage at its German warehouses of 12 euros ($15) an hour, the company said on Friday in the face of a long-running battle with a top labour union. Germany is Amazon’s biggest market after the United States, and the Verdi union has been organising...
TOP 5 STOCKS TO WATCHOUT:- 1.TESLA:Tesla Inc delivered a high-performance version of its Model S on Thursday, aiming to reignite interest in the nearly decade-old sedan and fend off rivals such as Porsche, Mercedes-Benz and Lucid Motors in the luxury electric vehicle market. Tesla redefined electric cars in 2012...
TOP 5 STOCKS TO WATCHOUT:- 1.Volkswagen:Volkswagen expects a shortage in semiconductor supply to ease in the third quarter but sees the bottlenecks continuing in the long-term, a board member told Handelsblatt newspaper. “At the moment we have reached the lowest point. We are facing the toughest six weeks,” Murat...
TOP 5 STOCKS TO WATCHOUT:- 1.Ferrari:Ferrari has turned to technology industry leader Benedetto Vigna to navigate the luxury sports car maker known for its roaring, high-octane engines through a new era of silent, electric powertrains. Vigna, a 52-year-old Italian national, currently runs the biggest division of chip maker STMicroelectronics...
TOP 5 STOCKS TO WATCHOUT:- 1. IBM:Semiconductor manufacturer GlobalFoundries on Monday sued International Business Machines Corp, asking a judge to rule that it did not violate a contract with the U.S. company which claims it is owed $2.5 billion in damages. IBM has accused GlobalFoundries, which is owned by...
1. VOLKSWAGEN :-Volkswagen Chairman Hans Dieter Poetsch will seek re-election at a coming annual general meeting, the carmaker said on Saturday. Poetsch, 70, became chairman of the supervisory board in 2015, weeks after the start of the diesel emissions scandal – in which Volkswagen in 2015 acknowledged using illegal...
TOP 5 STOCKS TO WATCHOUT:- 1. JP MORGAN :-JPMorgan Chase & Co head of asset and wealth management Mary Callahan Erdoes said on Wednesday her division of the bank is looking into possible opportunities for add-on acquisitions. “I wouldn’t assume we haven’t done anything,” Erdoes said when asked why...
