8:00 - 19:00

Working hours MON. - FRI.

logo
mobile logo
31 August
0 Comments
Sticky

Zoom expects tepid growth as pandemic boom fades, shares fall By Reuters

Posted by admin
in News

(Reuters) - Zoom Video Communications Inc on Monday signaled demand for its video-conferencing service was slowing after a pandemic-driven boom last year, sending its shares tumbling 8% in after-market trading. The company forecast current-quarter revenue between $1.015 billion and $1.020 billion, compared with the analysts' average estimate of $1.013 billion, according to Refinitiv data. The COVID-19 crisis turned Zoom into a household name in 2020 as people working and studying at home turned to its platform. But vaccinations are encouraging schools to reopen and more companies to bring employees back to offices. Competition from legacy...

Continue reading
31 August
0 Comments
Sticky

Google, Facebook, Microsoft top EU lobbying spending – study By Reuters

Posted by admin
in News

By Foo Yun Chee BRUSSELS (Reuters) - Alphabet (NASDAQ:GOOGL) Inc's Google unit, Facebook Inc (NASDAQ:FB) and Microsoft Corp (NASDAQ:MSFT) are the three biggest lobbying spenders in Europe in a battle against tough new laws aimed at curbing U.S. tech giants' powers, a study released on Tuesday showed. Such efforts should be a wake-up call to EU policymakers to further beef up the draft laws and lobbying rules, the study by campaign groups Corporate Europe Observatory and LobbyControl warned. The tech sector outspends even the pharma, fossil fuels, finance and chemicals sectors,...

Continue reading
30 August
0 Comments
Sticky

Ex-Fed Official Lacker Warns Powell in ‘Tough Spot’ on Inflation By Bloomberg

Posted by admin
in News

(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Federal Reserve Chair Jerome Powell risks inflation getting out of control and his assurance that the central bank can keep it in check neglects to mention this would require traumatic surgery, said former Richmond Fed President Jeffrey Lacker. “I think the Fed’s in a tough spot,” Lacker said Monday in an interview with Michael McKee, Lisa Abramowicz and Tom Keene on Bloomberg Television. “The danger that they face from this inflation surge -- we have inflation on a six-month basis higher than...

Continue reading
30 August
0 Comments
Sticky

Goldman Sees 750,000 Evictions in U.S. as Bans Come to an End By Bloomberg

Posted by admin
in News

(Bloomberg) -- Landlords may evict roughly 750,000 U.S. households by the end of the year, as lapsing eviction bans and high demand for rental housing push property owners to remove tenants, according to analysts at Goldman Sachs Group Inc (NYSE:GS). Currently, as many as 3.5 million households are behind on rent, with landlords owed as much as $17 billion, the analysts estimated in an Aug. 29 note.  Delinquent renters have been able to remain in their homes during the Covid-19 pandemic, but the Supreme Court lifted a federal ban on evictions...

Continue reading
30 August
0 Comments
Sticky

Amazon asks India regulator to order withdrawal of Future-Reliance deal approval – letter By Reuters

Posted by admin
in News

By Aditya Kalra NEW DELHI (Reuters) - Amazon.com Inc (NASDAQ:AMZN) has asked India's market regulator to order withdrawal of conditional approval given to its warring partner Future Group's $3.4 billion retail assets sale, citing a court ruling in the U.S. company's favour, a letter seen by Reuters showed. Amazon has for months been locked in a dispute with Future, accusing India's second-largest retailer of violating some pre-existing contracts by selling its retail assets to market leader Reliance Industries last year. Future denies any wrongdoing. The Supreme Court this month dealt a blow https://reut.rs/2TXP9wx to Future when...

Continue reading
30 August
0 Comments
Sticky

Stellantis extends output halts at several European car plants on chip shortage By Reuters

Posted by admin
in News

PARIS (Reuters) - Carmaker Stellantis is extending production halts at several plants in Europe due to a shortage in microchips, a spokesperson for Stellantis said on Monday. Carmakers, increasingly dependent on electronic components, face stiff competition from the consumer electronics industry for chip deliveries, hit by a series of supply chain disruptions during the COVID-19 pandemic. Plants at Rennes and Sochaux in France as well as the Eisenach plant in Germany, which produce light commercial vehicles, suffered production halts last week. Production will stay halted this week at the Rennes plant, while it will be...

Continue reading
30 August
0 Comments
Sticky

Li Auto Falls as Operations Double Losses, Adjusted EPS Disappoints By Investing.com

Posted by admin
in News

By Dhirendra Tripathi Investing.com – Li Auto stock (NASDAQ:LI) fell 4% Monday as the electric vehicle maker’s operations more than doubled their losses during the quarter from April through June and the company referred to semiconductor shortages in its business outlook for the ongoing quarter. The company’s operating loss during the second quarter came in at RMB 365.5 million ($56.6 million), up 107% year-on-year. Adjusted net loss was much lower but the adjusted loss per share disappointed analysts. Total revenue rose more than two-and-a-half times to RMB 5039 million from RMB 1947.2 million. But the...

Continue reading
30 August
0 Comments
Sticky

EU to Reimpose Travel Curbs on U.S. Amid Rise in New Covid Cases By Bloomberg

Posted by admin
in News

(Bloomberg) -- European Union countries voted to reimpose restrictions on non-essential travel from the U.S. amid a surge in new coronavirus cases, dealing a fresh blow to the tourism industry. A qualified majority of ambassadors voted to reintroduce the curbs, which had been lifted in June, according to an EU statement. The U.S. had 588 new Covid-19 cases per 100,000 inhabitants in the two weeks ending Aug. 22, according to the European Centre for Disease Prevention and Control, well above the limit of 75 set out in the EU guidelines. The guidance from the bloc is...

Continue reading
30 August
0 Comments
Sticky

Taliban says U.S. drone strike in Kabul also killed civilians – Chinese state TV By Reuters

Posted by admin
in News

By Yew Lun Tian BEIJING (Reuters) - A Taliban spokesman said a U.S. drone strike targeting a suspected suicide bomber in Kabul on Sunday resulted in civilian casualties, and condemned the United States for failing to inform the Taliban before ordering the strike. Spokesman Zabihullah Mujahid told China's state television CGTN on Monday that seven people were killed in the drone attack, describing the U.S. action on foreign soil as unlawful. "If there was any potential threat in Afghanistan, it should have been reported to us, not an arbitrary attack that has resulted in civilian casualties,"...

Continue reading
30 August
0 Comments
Sticky

Exclusive-China’s FX regulator surveyed banks, companies on yuan risk – sources By Reuters

Posted by admin
in News

BEIJING/SHANGHAI (Reuters) -China's currency regulator has been conducting a rare survey of banks and companies to ask about their risk management processes and ability to handle volatility in the yuan, three banking and policy sources told Reuters. The State Administration of Foreign Exchange (SAFE) surveyed "how companies in different sectors managed their FX exposure and how they used hedging tools", said one of the sources, who was directly involved in the survey. The SAFE did not give a reason for the survey, but its timing suggests Chinese authorities are girding for currency volatility as the...

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