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Thomas Cook in talks with UK Govt. & investors over a rescue deal

22-09-2019

Tourism industry conglomerate, Thomas Cook Group Plc. had been in talks with the British Government of newly elected PM Johnson alongside potential investors to board off an eleventh-hour rescue deal

European shares tallied fifth straight week of gains, Novo Nordisk shimmers

22-09-2019

On Friday, the 20th of September 2019, a stack of European stock indices posted modest gains over an upsurge of energy stocks following attack on Saudi Aramco oil facilities last weekend

Wall St muffles after Beijing delegates cancel trips to Montana firms

22-09-2019

On Friday, the 20th of September 2019, all three key indexes of Wall St. witnessed a sweeping plunge and posted a weekly loss despite a Fed rate-cut this week

Tesla Inc. must face trial on Musk’s mega-pay package, says Delaware judge

22-09-2019

On Friday, a Delaware Judge had ruled that the Menlo Park-based e-vehicle titan, Tesla Inc.’s management board had to defend a trial on Tesla head Elon Musk’s multi-billion dollar pay package

Argentine bonds surge after government unleashed debt reform framework

22-09-2019

On Friday, the 20th of September 2019, Argentine sovereign bond prices rose sharply, squeezing up risk spreads after the government of far-right Mauricio Macri had proposed a debt renegotiation outline

Italian soccer club Juventus to raise €300 million via capital injection

22-09-2019

On Friday, Italian soccer club, Juventus FC based on Turin, Piedmont, had issued a statement saying that the soccer club was exploring an option to raise as little as €300 million through a capital increase

Precious palladium torrents to all-time-high; Gold posts weekly gain

21-09-2019

On Friday, the 20th of September 2019, precious metal palladium rocketed to an all-time-high record closure, as producers seemed to be piling up stocks in context of a persistent output lag

Commerzbank to cut jobs, branches after Deutsche merger fails

21-09-2019

On Friday, Commerzbank AG, the Frankfurt-based lender had issued a statement saying that the second-largest German lender by balance sheet had been planning to slough off thousands of jobs

Facebook pulls off tens of thousands of apps on Cambridge Analytica issue

21-09-2019

Facebook Inc., based on Menlo Park, CA, had called off tens of thousands of apps on its social networking platform, as a part of the social media mogul’s sweeping overhaul in response to Cambridge Analytica scandal

Aramco expects full oil production by end-September

21-09-2019

On Friday, the 20th of September 2019, Saudi oil giant, Aramco told that the state-owned oil behemoth and the largest oil producing firm across the globe was expecting to bring back full output capacity by end-September

Trade deal hopes cast off as China cancels US firm visits

21-09-2019

On Friday, hope of a Sino-US trade deal appeared to have deteriorated further after a visiting team of Chinese delegates, had unprecedently suspended a visit to farms in Nebraska alongside Montana

Oil slides on trade fear, but posts weekly gain after Aramco attack

21-09-2019

On Friday, the 20th of September 2019, both Brent and US crude futures’ prices inched lower following renewed concerns over a protracted trade war between Washington and Beijing

India risks meeting fiscal deficit deadlines after corporate tax-rate cut

21-09-2019

S&P said the move could trigger a "negative credit development"

Home rental Goliath Airbnb plans public listing in 2020

21-09-2019

Airbnb had issued a short statement on Thursday, the 19th of September 2019, saying that the home rental giant, had been working out a plan to list its shares for public market trading by 2020

Drugmaker Insys wins bankruptcy court approval to sell opioid painkillers

21-09-2019

On Thursday, the 19th of September 2019, the US-based specialty pharmaceutical headquartered on Chandler, Arizona, Insys Therapeutics, had walked off with a court approval to sell its flagship fentanyl spray

Trump says ‘not thrilled’ with Fed, but Powell's job safe

21-09-2019

On Thursday, the 19th of September 2019, US President Donald Trump said in an interview with Fox News he had not been thrilled over Federal Reserve’s recent acts

Real crux of Saudi Aramco oil outage yet to be felt, say traders & analysts

20-09-2019

Saudi’s ability to ward off a global oil supply crisis would not be clear before at least a few weeks, as the OPEC-Kingpin had been filling the voids of an oil supply crunch by rotating its crude stored in multiple locations

Indian stock markets end slump, embrace the bull after tax-cuts

20-09-2019

On Friday, both the Bombay and National Stock Exchanges gained around 5.3%, to rise to a decade-long high

US, Chinese trade deputies meet in Washington as differences deepen

20-09-2019

On Thursday, the 19th of September 2019, trade negotiators of Washington and Beijing resumed a face-to-face talk for the first time in roughly two months, while many things had changed in between

India's finance minister Sitharaman announces surprise corporate tax-cut

20-09-2019

The rate of corporate taxes was brought down to 25% from the previous 30%

E-vehicle startup Rivian receives big boosts after Amazon van order

20-09-2019

On Thursday, the 19th of September 2019. Plymouth, Michigan-based e-vehicle startup, Rivian Automotive LLC had bagged a big boost from one of its key investors

Wall St. little changed as Apple slips, Microsoft climbs

20-09-2019

On Thursday, the 19th of September 2019, benchmark S&P 500 and tech-heavy Nasdaq had rounded off the day almost flatlined, while trade-sensitive Dow witnessed a drop of 0.19 per cent

Brexit deal possible; Irish backstop could be replaced, says EU’s Junker

20-09-2019

On Thursday, EU Commission President Jean-Claude Junker said a Brexit deal could be inked as British government’s urge to suspend Irish border backstop might be replaced with notable alternatives.

August presents upbeat US employment data; labour market bolsters

20-09-2019

On Thursday, US Labour department had released a raft of upbeat economic data, while the number of American citizens applying for unemployment benefits increased less-than-anticipated

European stocks spacedive as financials rally

20-09-2019

On Thursday, a gauge of European shares ended the day in an upbeat note as battered bank shares of eurozone had received a robust push up following Fed’s rate-cut yesterday

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