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Category Archives: Latest News

Forex – Broadly weaker dollar hovers at 32-month low vs. rivals

– The dollar continued to hover at 32-month lows against other majors on Friday, as the European Central Bank’s latest policy statement lent broad support to the euro, while downbeat U.S. data still dampened optimism over the strength of the economy. EUR/USD was up 0.50% at 1.2083, the highest since January 2015. The single currency […]

Stop fighting over Brexit and get real, Jim O’Neill tells UK

LONDON (Reuters) – The British government should stop dreaming about having its own way in Brexit negotiations and start to get more realistic about the likely outcome of divorce talks with the European Union, said Jim O’Neill, a former Goldman Sachs (NYSE:GS) economist. Prime Minister Theresa May, who quietly opposed Brexit ahead of the referendum, […]

Lenovo settles charges it sold laptops that compromised users’ security

WASHINGTON (Reuters) – Lenovo Inc, a major laptop maker, has agreed to pay $3.5 million and make changes in how it sells laptops in order to settle allegations it sold devices with pre-loaded software that compromised users’ security protections. The agreement with Connecticut, the Federal Trade Commission and 31 other states was announced on Tuesday. […]

U.S. factory orders post biggest drop in nearly three years

By Lucia Mutikani WASHINGTON (Reuters) – New orders for U.S.-made goods recorded their biggest drop in nearly three years in July, but orders for capital goods were stronger than previously reported, pointing to a faster pace of business spending at the start of the third quarter. Factory goods orders tumbled 3.3 percent amid a slump […]

Forex – Dollar turns broadly lower after downbeat U.S. data

Investing.com – The dollar turned broadly lower against the other major currencies on Tuesday, after the release of downbeat U.S. factory orders data and as investors remained cautious amid mounting tensions with North Korea. The greenback was hit after data showed that U.S. factory orders declined in July, sparking concerns over the strength of the […]

Stocks to watch next week

Key events are scheduled for the companies listed below during the upcoming holiday-shortened week. Notable earnings reports: Dave & Buster’s Entertainment (NASDAQ:PLAY) and Hewlett Packard Enterprises (NYSE:HPE) on September 5; Restoration Hardware (NYSE:RH), Guidewire (NYSE:GWRE) and JinkoSolar (NYSE:JKS) on September 6; Barnes & Noble (NYSE:BKS), Cloudera (NYSE:CLDR), Verifone (NYSE:PAY), Sigma Designs (NASDAQ:SIGM) and Dell Technologies […]

More than four million Time Warner Cable records exposed in leak

Reuters) – More than four million records of users of Time Warner Cable’s MyTWC app were found unsecured on an Amazon (NASDAQ:AMZN) server last month, digital security research center Kromtech Security Center said in a blog post on Friday. The files — more than 600 gigabytes in size containing sensitive information such as transaction ID, […]

Dollar recovers from lows vs major rivals as North Korea fears recede

By Lisa Twaronite and Masayuki Kitano SINGAPORE (Reuters) – The dollar pulled away from the previous session’s 4-1/2 month lows against the yen on Wednesday as investors’ concerns over North Korea’s latest missile test eased for now, while the Australian dollar surged on upbeat construction data. The dollar index, which tracks the greenback’s value against […]

Dollar rebounds, Asia stocks gain as North Korea missile fears recede

Dollar rebounds, Asia stocks gain as North Korea missile fears recede Dollar rebounds, Asia stocks gain as North Korea missile fears recede Reuters | Aug 30, 2017 01:53AM ET Be the first to comment Dollar rebounds, Asia stocks gain as North Korea missile fears recede By Nichola Saminather SINGAPORE (Reuters) – The dollar rebounded from […]

Wall St edges higher as North Korea concerns ebb

By Sruthi Shankar and Tanya Agrawal (Reuters) – U.S. stocks rebounded from steep losses to trade slightly higher on Tuesday afternoon as investors shrugged off concerns over North Korea’s latest missile test. The Dow Jones Industrial Average had dropped more than 100 points at the open as North Korea’s missile test over Japan escalated tensions […]