Pound euro exchange rate: Weakening eurozone data sparks fear in ECB policymakers
The latest disappointing data point came from Spain this morning, which revealed a sharp -2.6 per cent contraction in industrial output in November. This was quickly followed...
Pound US dollar exchange rate: GBP fails to gain due to Brexit paralysis
The pound has failed to make any gains on the US dollar today after a slew of UK data releases, which were generally overshadowed by continuing Brexit...
Cadillac debuts 3-row crossover XT6 to lure luxury buyers from rivals
Cadillac debuts its three-row XT6 sport utility vehicle at the Detroit auto show on Sunday, filling out a lineup of luxury SUVs that many industry analysts say...
Elon Musk's SpaceX To Slash 10 Percent Of Staff
In a major shakeup at Elon Musk’s aerospace company, SpaceX announced Friday that it will cut 10 percent of its employees.
Behind the move is a planned realignment...
British pound CLIMBS to highest since late November – 'HIGHLY reactive to Brexit'
The British pound climbed to its highest since late November on Friday, amid speculation of a Brexit delay. Lukman Otunuga, research analyst at FXTM, wrote: “Sterling’s aggressive appreciation following...
Macy's shares COLLAPSE 18 percent: Christmas retail APOCALYPSE hits US and UK high street
The department store giant recorded a meagre 1.1 percent gain in same-store sales and online sales during the festive season between November and December. As a result,...
Bitcoin price news: Why did bitcoin DROP this morning?
The last 12 months have proved tricky for bitcoin, which witnessed BTC lose most of its value. But bitcoin has enjoyed a promising start to the year,...
Apple reportedly plans to launch three new iPhones this year — including an XR...
Apple plans to unveil three new iPhone models later this year, including a successor to the XR, The Wall Street Journal reported Friday.
The tech giant's new phones...
Starbucks will be the next US brand to warn of China trouble after Apple,...
Apple shares collapsed earlier this month after warning that iPhone sales would fall short because of weakness in the China economy.
Starbucks will be next, according to Goldman...
Macy’s shares COLLAPSE 18 percent in US: Is this the end of big US...
Macy’s weak sales were reported on Thursday and the US department store has now cut its earnings outlook for 2019. Based on the report, Macy’s expects no...
GM says 2018 earnings exceeded expectations and 2019 looks even better
General Motors CEO Mary Barra said the automaker's full-year 2018 earnings exceeded its previous expectations and that 2019 is looking even better, citing strong sales in China...
Amazon may be going after cloud gaming, but Microsoft has a big head start
Amazon, Microsoft and Google are in the midst of an intense battle to win business from companies moving their workloads to the cloud. Now, there's brewing competition...
Taco Bell will test a vegetarian menu this year
Taco Bell will start testing its first vegetarian menu later this year, the company said Thursday.
Offering a vegetarian menu will help the Mexican fast food chain cement...
Germany recession 'NOW LIKELY' – Berlin hit with SHOCK economic forecast
The gloomy forecast for the financial infrastructure of Berlin came from Stefan Schilbe of HSBC, who described recent downcast economic data from Germany as both “bad and...
Virgin and Stobart agree to buy Flybe in £2.2m rescue deal to save cash-strapped...
Flybe put itself up for sale in November 2018 after warning it could lose £22million under growing financial pressure including poor demand and soaring fuel prices. The...
Pound euro exchange rate: GBP stable despite surprise fall in eurozone unemployment
The pound is trading in a narrow range against the euro this morning as markets welcome the Eurozone’s latest labour figures. According to data published by the...
JP Morgan's Dimon hosted a private dinner for pharma executives, and a major topic...
J.P. Morgan Chase CEO Jamie Dimon hosted a private dinner for pharmaceutical executives on Sunday night, ahead of the bank's health-care conference in San Francisco. There was...
Amazon is meeting sellers at CES to pitch them a support service that costs...
While Amazon is once again putting Alexa front and center at this year's CES, behind the scenes the company is busy meeting Amazon Marketplace sellers to promote...
Why the EU MUST soften to Britain over Brexit – shock economic forecast for...
The World Bank has issued a gloom-ridden forecast for how a no-deal Brexit could affect nations from Egypt to Morocco in the event of Britain leaving the...
One missed paycheck 'is too many.' TSA officers prepare for extended shutdown
Transportation Security Administration screeners at U.S. airports are facing their first missed paychecks as an impasse between President Donald Trump and lawmakers over funding for a new...
