8:00 - 19:00

Working hours MON. - FRI.

logo
mobile logo
20 May
0 Comments
Sticky

ECB’s Lane pushes back against talk of new era of inflation By Reuters

Posted by admin
in News

FRANKFURT (Reuters) - The European Central Bank has a "lot of work to do" to raise inflation back to its 2% goal and market talk of rapidly rising prices is misplaced, the Philip Lane, the bank's chief economist, said on Thursday. Euro zone inflation is approaching 2%, its fastest rate in years, on the back of fiscal support and the unwinding of last year's oil price crash, prompting some commentators to predict a new era of inflation. But Lane pushed back on this narrative, arguing that the labour market will take years to get back to...

Continue reading
20 May
0 Comments
Sticky

IMF unveils plans to include climate, digital tech into economic assessments By Reuters

Posted by admin
in News

By Andrea Shalal WASHINGTON (Reuters) - The International Monetary Fund on Thursday unveiled plans to revamp the way it conducts economic assessments to better account for risks related to climate change, inequality and demographics, as well as evolving digital technologies. The new approach was agreed by the IMF's executive board after the global lender's first comprehensive review of its surveillance work since 2014. It will provide strategic direction for its economic analysis in coming years. Civil society groups lauded the changes, which acknowledge for the first time that climate-change related policies affect overall economic performance, but...

Continue reading
20 May
0 Comments
Sticky

Applied Materials Earnings, Revenue beat in Q2 By Investing.com

Posted by admin
in News

Applied Materials (NASDAQ:AMAT) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations. Applied Materials announced earnings per share of $1.63 on revenue of $5.58B. Analysts polled by Investing.com anticipated EPS of $1.51 on revenue of $5.4B. Applied Materials shares are up 50% from the beginning of the year and are trading at $130.24 , down-from-52-week-high.They are outperforming the S&P 500 which is up 10.69% from the start of the year. Applied Materials follows other major Technology sector earnings this month Applied Materials's report follows an earnings...

Continue reading
20 May
0 Comments
Sticky

Ross Stores Earnings, Revenue beat in Q1 By Investing.com

Posted by admin
in News

Ross Stores (NASDAQ:ROST) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations. Ross Stores announced earnings per share of $1.34 on revenue of $4.52B. Analysts polled by Investing.com anticipated EPS of $0.8759 on revenue of $3.86B. Ross Stores shares are down 0% from the beginning of the year and are trading at $125.50 , down-from-52-week-high.They are under-performing the S&P 500 which is up 10.69% from the start of the year. Ross Stores shares gained 2.46% in after-hours trade the report. Ross Stores follows other major Services sector earnings...

Continue reading
20 May
0 Comments
Sticky

S&P 500 Snaps 3-Day Losing Streak as Tech Reigns Supreme By Investing.com

Posted by admin
in News

By Yasin Ebrahim Investing.com – The S&P 500 climbed Thursday, as a rally in chips and mega-cap tech triggered bullish bets on stocks.   The S&P 500 rose 1.06%, the Dow Jones Industrial Average gained 0.55%, or 188 points,  and the Nasdaq Composite gained 1.77%. Tech was up more than 1% amid improving investor appetite for growth following weeks of pressure. Apple (NASDAQ:AAPL), Facebook (NASDAQ:FB), and Microsoft (NASDAQ:MSFT), Google-parent Alphabet (NASDAQ:GOOGL) and Amazon.com (NASDAQ:AMZN) closed higher.  The iShares PHLX Semiconductor ETF (NASDAQ:SOXX) continued to rack up gains, with Nvidia (NASDAQ:NVDA) and Marvell Technology (NASDAQ:MRVL) among the leaders.  ...

Continue reading
20 May
0 Comments
Sticky

White House Says Republican Governors Are Pulling Jobless Benefits Too Soon By Bloomberg

Posted by admin
in News

(Bloomberg) -- The White House pushed back against Republican governors curbing the extra jobless benefits for out-of-work Americans extended in President Joe Biden’s March pandemic-relief package. “There will come a day when we do not need these additional supports. There’s no question, these were designed to get us to the end of the pandemic. But we’re not there yet,” Cecilia Rouse, Chair of the Council of Economic Advisers, said at a Bloomberg conference Thursday. The April jobs report showed only 266,000 jobs were added to payrolls were added, compared to expectations for 1 million. Some economists...

Continue reading
20 May
0 Comments
Sticky

France on Northern Ireland protocol: flexibility, perhaps, but it stays By Reuters

Posted by admin
in News

By John Irish DUBLIN (Reuters) - France said on Thursday that the European Union could not accept any unilateral move by Britain that threatened the integrity of the single market via the Irish border, calling it dangerous to question the Brexit deal’s Northern Ireland protocol. After the United Kingdom left the European Union's orbit at the end of last year, checks were introduced on some goods moving from mainland Britain to Northern Ireland, which has a land border with EU member Ireland. British Prime Minister Boris Johnson, who had promised there would be unfettered trade between...

Continue reading
20 May
0 Comments
Sticky

Big pharma and private equity seek healthy returns in Europe’s east By Reuters

Posted by admin
in News

By Agnieszka Barteczko, Anna Koper and Michael Kahn WARSAW/PRAGUE (Reuters) - In the race to supply vaccines to end the COVID-19 pandemic, U.S. drug developer Novavax turned to emerging Europe to speed up production with a pair of deals that endorsed a growing trend for consolidation in the region. As part of a doubling in merger activity, buoyed by a combination of private equity and big pharma, Novavax bought the Praha Vaccines factory near Prague in a $167 million transaction last May. It followed up by partnering with Polish biotech company Mabion in March. Novavax decided...

Continue reading
20 May
0 Comments
Sticky

Snap plans new video editing app, augmented reality features By Reuters

Posted by admin
in News

By Sheila Dang (Reuters) - Snap Inc (NYSE:SNAP), owner of photo messaging app Snapchat, announced Thursday it will launch a new standalone app later this year called Story Studio, with video editing tools to help users make professional-level content for mobile. Snap said it will also add a new feature to help notable Snapchat personalities earn money by allowing fans to send paid gifts on the app. The announcements, made during Snap's annual Partner Summit for app developer and brand partners, are aimed at helping the company compete for more usage in a crowded...

Continue reading
20 May
0 Comments
Sticky

BMW to cut antitrust provisions by 1 billion eur as EU fine seen lower By Reuters

Posted by admin
in News

FRANKFURT (Reuters) - German luxury carmaker BMW said on Thursday it would have to set aside 1 billion euros ($1.2 billion) less than initially feared for expected European antitrust fines for alleged collusion with rivals. In 2019, BMW recognised a provision of around 1.4 billion euros for expected penalties from an EU investigation into collaboration between German automakers on emission-reduction technologies. "The significant limitation in the scope of the allegations has led to a revaluation of the provision," BMW said, adding this would lead to a positive effect on earnings of around 1 billion euros in the second...

Continue reading


 

The financial commission services are absolutely free for traders.

FINSPECTION MANAGEMENT LTD

Registered Address: 3rd floor office, 209 Regent Street, London W1B 3HH

FINSPECTION PLC LTD

Suite A 19/F Two Chinachem Plaza 68 Connaught Road, Central, Hong Kong

FINACOM MANAGEMENT NV

Rue Borrens 51, 1050 Ixelles, Belgique

The Finspection logo is a trademark of Finspection Management Ltd. Finspection.org © 2020
en_GBEnglish
ru_RURussian en_GBEnglish