Airbus defense division plans to cut more than 2300 jobs

·

·

Airbus defense division plans to cut more than 2300 jobs

(Reuters) – The defense business of Airbus (AIR.PA) on Wednesday laid out plans to cut more than 2,300 jobs, citing a flat space market and postponed defense contracts. The aircraft maker said its Airbus Defense and Space division had entered consultation …
See Original Article

LendingClub Buys Radius Bank Marking First Fintech Purchase

LendingClub, a trailblazer in online lending, made its first fintech acquisition, spending $185 million in cash and stock to acquire Radius Bancorp. Through the acquisition, LendingClub gets access to Radius Bank, the popular digital bank operating in the U.S. …
See Original Article

Gold prices extend rise above $1600, set for 5th straight gain

Gold futures rose on Wednesday, putting the precious metal on track to register a fifth straight gain, as investors continued to buy the safe haven asset, even though securities seen as risky also gained altitude on the back a slowdown in the spread of China’s …
See Original Article

Turkey lowers borrowing costs again in push to reboot growth

Turkey’s central bank has cut its benchmark rate for a sixth time in a row, despite growing currency volatility and geopolitical risks. The bank’s monetary policy committee lowered its one-week repo rate by 50 basis points to 10.75 per …
See Original Article

Hold Nvidia Until It Gives You a Reason to Sell

It’s been five days since we last covered Nvidia (NVDA) . In that time, not much has changed, but a lot has changed. First, here’s a quick look back at my thoughts from late last week. The stock is getting a boost from a Bernstein upgrade to Outperform this …
See Original Article



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.