Author: FX
Laser1987 The U.S. Federal Aviation Administration (FAA) will investigate how a United Airlines (NASDAQ:UAL) Boeing (NYSE:BA) 737-800 aircraft lost an external panel before landing safely in Oregon on Friday. United Airlines flight 433 – a Boeing 737-800 carrying 139 passengers and six crew – landed safely on Friday at its scheduled destination at Rogue Valley International Medford Airport in Oregon after departing from San Francisco, the FAA and the airline said. The FAA said that an inspection after landing revealed a missing panel, and that it will investigate the incident. “After the aircraft was parked at the gate, it was…
© Reuters. FILE PHOTO: Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via REUTERS/File Photo (Reuters) -Tesla said on Saturday it would increase the price for its Model Y electric vehicles (EV) in a number of European countries on March 22 by approximately 2,000 euros ($2,177) or the equivalent in local currencies. The move, announced in a post on social media platform X, followed the automaker’s announcement on Friday that it would increase prices for all Model Y cars in the U.S. by…
EURUSD: 1:25GBPUSD: 4:50USDJPY: 8:50USDCHF: 13:50USDCAD: 17:00NZDUSD: 20:23 This article was written by Greg Michalowski at www.forexlive.com. Source link
Our strategists were only able to get out two discussions this week, this time focusing on U.K. jobs data, the developments around a potential hike from the Bank of Japan, and U.S. inflation updates. One turned out to rough, while the other played out almost perfectly. Check out our reviews to see what happened and how we did! If you’d like to follow our “Play of the Day” picks right when they are published throughout the week, you can subscribe to BabyPips Premium. On Tuesday, after seeing net weaker than expected U.K. economic data – rising unemployment and slowing wage growth…
Just_Super/E+ via Getty Images HashiCorp (NASDAQ:HCP) rose 12% in after-hours trading on Friday after a report that the cloud software company is evaluating its options, including a sale. The company has been working with a financial adviser in recent months to gauge interest from possible bidders, according to a Bloomberg report late Friday, which cited people familiar with the matter. HashiCorp (HCP) has already had exploratory conversations with other industry players. Talks are ongoing and there’s no certainty that a deal will be reached. San Francisco-based HashiCorp has a market cap of $5.3 billion. Source link
© Reuters. FILE PHOTO: People visit the Huawei stand at the 2024 Mobile World Congress (MWC) in Barcelona, Spain February 27, 2024. REUTERS/Albert Gea/File Photo SHANGHAI (Reuters) – Huawei said that a shortage of semiconductors and factory relocation issues that had delayed production and deliveries of its Luxeed S7 sedan should be resolved from next month, local media outlet Cailianshe reported on Saturday. It quoted Huawei managing director and chairman of its smart car solutions, Richard Yu, who was speaking about the issues surrounding Chery’s Luxeed S7 sedan at an annual forum organised by the EV100 think tank. Reuters reported…
© Reuters. (This March 14 story has been refiled to correct the spelling of Cleveland-Cliffs (NYSE:) CEO Lourenco Goncalves’ surname in paragraph 9) By Trevor Hunnicutt and Alexandra Alper WASHINGTON (Reuters) – U.S. Steel Corp, which has agreed to be bought by Japan’s Nippon Steel for $14.9 billion, must remain a domestically owned American firm, President Joe Biden said on Thursday – expressing explicit opposition to the deal for the first time. “U.S. Steel has been an iconic American steel company for more than a century, and it is vital for it to remain an American steel company that is…
The Bank of Japan meets on March 18 and 19. Like the subheading says, the news flow on a likely tightening of policy is relentless.The Nikkei had this:Bloomberg (gated) has canvassed MUFG (Mitsubishi UFJ Financial Group is a Japanese financial services group that is the largest in the world measured by assets) and reports this:”Given the stronger-than-expected wage talk outcome, the BOJ will likely ditch negative rates and yield curve control next week,” said veteran BOJ watcher Naomi Muguruma, chief bond strategist at Mitsubishi UFJ Morgan Stanley Securities. “The BOJ could have waited until April if the wage talk outcome…
Gold retreats from the $2,180 mark, reacting to hot US inflation data and Fed’s cautious stance on policy easing. Rise in US Treasury yields post-PPI data release dampens XAU/USD’s appeal despite risk-off market sentiment. Gold remains subdued as Treasury yields inch higher and the US Dollar strengthens. Gold spot retreated from around the $2,180 area on Friday, printing back-to-back negative sessions as market players’ hope for the beginning of the US Federal Reserve’s easing cycle has been delayed due to strong US economic data. Hotter-than-expected inflation figures justify Fed Chair Jerome Powell’s remarks to be patient and stick to the…
The S&P 500 (SP500) on Friday retreated 0.13% for the week to end at 5,116.95 points, posting losses in four out of five sessions. Its accompanying SPDR S&P 500 Trust ETF (NYSEARCA:SPY) slipped 0.42% for the week. The benchmark index logged its second straight weekly loss, though the fall continued to be mostly marginal. Wall Street got a bit of a reality check this week in the form of hotter-than-expected consumer and producer inflation data, along with a retail sales reading that pointed to a moderation in consumer spending. Market participants reacted to the data by dialing back their interest…