Author: JobBroker

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Analysis-More pain in Sri Lanka before any resolution to crisis

Analysis-More pain in Sri Lanka before any resolution to crisis

Running out of petrol, medicines and foreign reserves, once-booming Sri Lanka is in a mess. And the measures needed to pull its economy out of the unp [...]
Thyssenkrupp top shareholder has no plan to sell stake

Thyssenkrupp top shareholder has no plan to sell stake

Thyssenkrupp (ETR:TKAG)'s top shareholder has no plans to sell its 20.93% stake in the German conglomerate, its head said. "We are a stable, reliab [...]
Central Japan water leak affects plants near Toyota hub

Central Japan water leak affects plants near Toyota hub

A major water leak in central Japan on Wednesday disrupted supply to more than 130 businesses near the production centre of Toyota Motor (NYSE:TM) Cor [...]
Ericsson to restructure operations, two executives to depart

Ericsson to restructure operations, two executives to depart

Ericsson (BS:ERICAs) on Wednesday laid out plans to restructure its operating units to focus on mobile infrastructure and business customers, and anno [...]
Euro and sterling cling onto overnight gains

Euro and sterling cling onto overnight gains

The pound and euro on Wednesday held onto most of their gains from the previous day as hopes of easing lockdowns in China and rising retail sales in t [...]
Dollar Edges Higher; U.K. Inflation Soars to 40-Year Highs

Dollar Edges Higher; U.K. Inflation Soars to 40-Year Highs

The U.S. dollar edged higher in early European trade Wednesday, rebounding after overnight losses, while sterling weakened after U.K. inflation soared [...]
Indian rupee off record lows on RBI intervention; bond yields rise

Indian rupee off record lows on RBI intervention; bond yields rise

The Indian rupee gradually recovered after touching a record low on Tuesday, after the central bank intervened while bond yields edged higher tracking [...]
EU to offer Ukraine new loans to plug immediate needs

EU to offer Ukraine new loans to plug immediate needs

The European Commission is set to propose on Wednesday a new package of financial aid to Ukraine including new loans to provide immediate liquidity to [...]
Futures slip as China data sparks growth fears

Futures slip as China data sparks growth fears

U.S. stock index futures fell on Monday as downbeat data out of China stoked fresh concerns about a global economic slowdown at a time when investors [...]
Wedbush Upgrades Netflix to Outperform, Analyst Says 50% Rally in Shares is ‘Achievable’ in Next 12 Months

Wedbush Upgrades Netflix to Outperform, Analyst Says 50% Rally in Shares is ‘Achievable’ in Next 12 Months

Wedbush analyst Michael Pachter upgraded Netflix (NASDAQ:NFLX) shares to Outperform from Neutral with a $280.00 per share price target. The upgrade [...]
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