Oil slips 1% after Fed disappoints, US crude output rises

·

·

Oil slips 1% after Fed disappoints, US crude output rises

TOKYO (Reuters) – Oil prices skidded on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes for a string of interest rate cuts and Sino-U.S. talks ended without apparent progress towards resolving a bitter trade …
See Original Article

Qualcomm disappointed Wall Street. It says Huawei is partly to blame

Qualcomm disappointed Wall Street with its latest financial report. According to the company, a large part of the blame falls on Chinese tech giant Huawei. The U.S. chipmaker reported revenue for the June quarter that declined 13% year-on-year, net income …
See Original Article

Fat Finger or Mistaken Identity? Hong Kong Stock Suffers Mystery Plunge

A snack maker suddenly tumbled the most in more than a year in Hong Kong, with traders speculating someone may have mistakenly sold the stock. Want Want China Holdings Ltd. lost as much 7.8% just as the pre-market session opened, with some 101,000 …
See Original Article

Accounting updates: August 2019

In this month's accounting updates, misstatements at AIM-listed Renold and Eddie Stobart Logistics, deferred prosecution for Serco, late filing penalty
See Original Article

24000 Disney and Eddie Bauer inclined sleepers recalled over concerns about infant safety

(CNN) About 24,000 inclined sleepers sold under the Disney and Eddie Bauer brand names have been recalled as a precautionary measure after infant deaths in connection with similar products were reported. The federal Consumer Product Safety …
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Your email address will not be published.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.