Archive for Tag: Latest Trading Ideas

European Equities: China 4th Quarter GDP Numbers and COVID-19 News in Focus

It was a bearish end to the week for the European majors on Friday, with the DAX30 sliding by 1.44% to lead the way down. The CAC40 and the EuroStoxx600 weren’t far behind, with losses of 1.22% and 1.01% respectively. A continued spike in new COVID-19 cases and low...

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GE alleges Siemens Energy used stolen trade secrets to rig contract bids

General Electric (NYSE:GE)Co accused a Siemens Energy AG subsidiary of using stolen trade secrets to rig bids for lucrative contracts supplying gas turbines to public utilities, and cover up improper business gains totalling more than $1 billion, according to a lawsuit filed on Thursday. GE sued the rival company,...

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