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28.08.2024 9:05
28.08.2024 9:03
Dollar May Weaken in Coming Quarters, UBS Says Wayne Gordon, managing director of commodities and foreign exchange at UBS Global Wealth Management, talks about the upcoming earnings announcement of Nvidia Corp., the US economy and Federal Reserve policy, and the implications for financial markets. He speaks on Bloomberg: Markets Asia. (Source: Bloomberg)

28.08.2024 8:33
Fortescue Metals: Encouraged by China’s Transformation Fortescue Metals CEO Dino Otranto says he’s encouraged by China’s economic transformation and “the maturation of the market away from just purely property and development.” The world’s fourth-largest iron ore miner is seeking to deepen partnerships with China and other countries that want to “go green,” Otranto tells Bloomberg Television. Fortescue Ltd. reported a small increase in full-year profit but missed analyst estimates as it battled higher costs.

28.08.2024 6:03
Market Darling Abercrombie & Fitch to Make a Full Comeback to HK Apparel retailer Abercrombie & Fitch Co., which has emerged as one of America’s hottest stocks over the past year, is planning a full-fledged return to Hong Kong eight years after it shut its flagship store in the city, according to people familiar.

28.08.2024 3:49
Fortescue’s Profit Misses Forecasts as Higher Costs Bite Fortescue Ltd. reported a small increase in full-year profit, but the fourth-largest iron ore miner missed analyst forecasts as it battled inflationary pressures while weathering a slowdown in demand for the steelmaking material from biggest customer China.

28.08.2024 3:28
Asian Stocks Fall as Chinese Earnings Disappoint: Markets Wrap Asian equities slipped on Wednesday as weak corporate earnings in China raised fresh concerns over its flagging economy. Traders are also awaiting Nvidia Corp.’s results for cues on the growth momentum of artificial-intelligence related stocks.

27.08.2024 23:36
Harris and Trump Embrace Tariffs Both Democrats and Republicans are expressing support for tariffs to protect American industry, reversing decades of trade thinking in Washington.

27.08.2024 22:20
Cruise Lines Build Bigger Ships as Demand Grows Royal Caribbean and other companies are aggressively building over-the-top ships. “Today’s cruisezillas make the Titanic look like a small fishing boat,” noted one sustainability specialist.


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