newszine

GLOBAL MARKETS-Europe stocks gain; oil jumps on Middle East tensions

11 mins ago NAMEX Comments Off on GLOBAL MARKETS-Europe stocks gain; oil jumps on Middle East tensions
LONDON (Reuters) – European stocks struggled higher on Monday, shrugging off dialed-down expectations for a big U.S. rate cut this month, while escalating tensions in the Middle East boosted safe-haven assets and oil prices. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, July 19, 2019. Read More

Asia stocks fall on likely smaller Fed rate cut, pricier oil

2 hours ago NAMEX Comments Off on Asia stocks fall on likely smaller Fed rate cut, pricier oil
TOKYO (Reuters) – Asia stocks fell on Monday as investors scaled back expectations of an aggressive Federal Reserve interest rate cut, while crude oil prices rose on heightened Middle East tensions following Iran’s seizure of a British tanker. FILE PHOTO: Market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE) in Read More

GLOBAL MARKETS-Asia stocks fall on likely smaller Fed rate cut, pricier oil

3 hours ago NAMEX Comments Off on GLOBAL MARKETS-Asia stocks fall on likely smaller Fed rate cut, pricier oil
TOKYO (Reuters) – Asia stocks fell on Monday as investors scaled back expectations of an aggressive Federal Reserve interest rate cut, while crude oil prices rose on heightened Middle East tensions following Iran’s seizure of a British tanker. FILE PHOTO: Market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE) in Read More

British Airways, Lufthansa suspend flights to Cairo for 7 days as ‘precaution’

2 days ago NAMEX Comments Off on British Airways, Lufthansa suspend flights to Cairo for 7 days as ‘precaution’
The UK’s flag carrier has apparently suspended all its flights to the capital of Egypt for a whole week, calling the move a “precaution.” Germany’s Lufthansa reportedly followed suit. The abrupt move was made by British Airways on Saturday and quietly announced to the customers through letters that provided little insight into why the “precaution” Read More

Venice fines tourists $1G for making coffee on historic bridge

2 days ago NAMEX Comments Off on Venice fines tourists $1G for making coffee on historic bridge
Two tourists to Venice, Italy, were forced to wake up and smell the coffee after getting smacked with a $1,067 fine for brewing up java with a travel cooker on the steps of a historic bridge. On Friday, two German backpackers were blasted with the pricey fine for boldly brewing a cup of joe at Read More

‘Great day for all humanity’: Nazi-looted artwork finally returned to Italy after 75yrs

2 days ago NAMEX Comments Off on ‘Great day for all humanity’: Nazi-looted artwork finally returned to Italy after 75yrs
German authorities have finally returned an 18th-century masterpiece that was stolen from Florence, Italy by Nazi soldiers during the Second World War and retained by an unnamed family. The ‘Vaso di Fiori’ (Vase of Flowers) oil painting by Dutch artist Jan van Huysum was officially returned to Italy by German Foreign Minister Heiko Maas on Read More

This Day in History: July 20

2 days ago NAMEX Comments Off on This Day in History: July 20
FILE – In this image provided by NASA, astronaut Buzz Aldrin poses for a photograph beside the U.S. flag deployed on the moon during the Apollo 11 mission on July 20, 1969. (Neil A. Armstrong/NASA via AP, File) On this day, July 20 … 1969: Astronauts Neil Armstrong and Edwin “Buzz” Aldrin become the first Read More

Airbus mimics nature with ‘Bird of Prey’ concept plane

3 days ago NAMEX Comments Off on Airbus mimics nature with ‘Bird of Prey’ concept plane
An Airbus concept aircraft with a wing design inspired by nature, dubbed Bird of Prey, is displayed at the Royal International Air Tattoo at Raf Fairford, near Fairford, Britain July 19, 2019. REUTERS/Tim Hepher RAF FAIRFORD, England (Reuters) – Airbus (AIR.PA) on Friday unveiled a concept aircraft with splayed wingtips and a fanned tail inspired Read More

Shaken or stirred: robotic bartender serves up cocktails for Prague clubbers

3 days ago NAMEX Comments Off on Shaken or stirred: robotic bartender serves up cocktails for Prague clubbers
A waiter takes a drink prepared by a robotic bartender in Karlovy Lazne Music Club in Prague, Czech Republic, July 17, 2019. REUTERS/David W Cerny PRAGUE (Reuters) – For revelers at one Prague megaclub, gone are the days of being squashed at the bar waiting to get a watered-down cocktail. Two years after becoming the Read More

GLOBAL MARKETS-Stocks up on Fed rate cut hopes, Microsoft results; dollar bounces

3 days ago NAMEX Comments Off on GLOBAL MARKETS-Stocks up on Fed rate cut hopes, Microsoft results; dollar bounces
NEW YORK (Reuters) – A gauge of global stocks climbed on Friday as investors looked for a strongly dovish U.S. Federal Reserve at its next meeting and as early returns on earnings season have come in better than anticipated. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., Read More