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European stocks recover before Fed minutes, Jackson Hole gathering

1 hour ago NAMEX Comments Off on European stocks recover before Fed minutes, Jackson Hole gathering
LONDON (Reuters) – European stocks opened higher on Wednesday as hopes for more monetary and fiscal stimulus helped assuage worries about global recession, political turmoil in Italy and endless trade wars. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 19, 2019. REUTERS/Staff Traders are waiting for Read More

UPDATE 1-Fiat-Renault deal hints lift European shares

2 hours ago NAMEX Comments Off on UPDATE 1-Fiat-Renault deal hints lift European shares
(Reuters) – Car industry shares drove a rebound in European stock markets on Wednesday, helped by an Italian newspaper report suggesting merger talks between Fiat Chrysler and Renault have gained some traction in recent weeks. Traders work at the Frankfurt Stock Exchange in Frankfurt, Germany, August 7, 2019. REUTERS/Ralph Orlowski Renault SA (RENA.PA) rose about Read More

GLOBAL MARKETS-European stocks recover before Fed minutes, Jackson Hole gathering

2 hours ago NAMEX Comments Off on GLOBAL MARKETS-European stocks recover before Fed minutes, Jackson Hole gathering
LONDON (Reuters) – European stocks opened higher on Wednesday as hopes for more monetary and fiscal stimulus helped assuage worries about global recession, political turmoil in Italy and endless trade wars. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 19, 2019. REUTERS/Staff Traders are waiting for Read More

RPT-GLOBAL MARKETS-European stocks recover before Fed minutes, Jackson Hole gathering

2 hours ago NAMEX Comments Off on RPT-GLOBAL MARKETS-European stocks recover before Fed minutes, Jackson Hole gathering
(Adds wider subscribers) * Eyes on Fed minutes, Jackson Hole meeting for rate outlook * Italy stocks lead European rally * Germany’s borrowing costs higher before bond sale * U.S. President Trump says he had to ‘take China on’ * Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr By Tom Arnold LONDON, Aug 21 (Reuters) – Read More

KLX Energy Services Reports Financial Results for Second Quarter Ended July 31, 2019; Updates Guidance

4 hours ago NAMEX Comments Off on KLX Energy Services Reports Financial Results for Second Quarter Ended July 31, 2019; Updates Guidance
WELLINGTON, Fla., Aug. 21, 2019 (GLOBE NEWSWIRE) — KLX Energy Services Holdings, Inc. (“KLX Energy Services” or the “Company”) (NASDAQ: KLXE), a leading U.S. onshore provider of mission critical oilfield services, today reported its second fiscal quarter ended July 31, 2019 financial results. On a GAAP basis, for the three month period ended July 31, Read More

GLOBAL MARKETS-Caution grips Asian shares as Fed events loom large

5 hours ago NAMEX Comments Off on GLOBAL MARKETS-Caution grips Asian shares as Fed events loom large
SYDNEY (Reuters) – Asian shares flatlined on Wednesday as worries about global recession and endless trade wars wrestled with hopes for more monetary and fiscal stimulus to keep growth going. FILE PHOTO: A passerby walks past in front of a stock quotation board outside a brokerage in Tokyo, Japan, May 10, 2019. REUTERS/Issei Kato Much Read More

China’s Geely posts 40% slump in first-half profit, sees uncertain demand outlook

6 hours ago NAMEX Comments Off on China’s Geely posts 40% slump in first-half profit, sees uncertain demand outlook
SHANGHAI (Reuters) – China’s Geely Automobile Holdings Ltd (0175.HK) said on Wednesday first-half net profit skid 40% amid a sustained downturn in the world’s biggest auto market, and it forecast an uncertain outlook for vehicle demand for the rest of the year. FILE PHOTO: The logo of Chinese carmaker Geely Auto is pictured at the Read More

Caution grips Asian shares before Fed minutes, seminar

7 hours ago NAMEX Comments Off on Caution grips Asian shares before Fed minutes, seminar
SYDNEY (Reuters) – Asian shares flatlined on Wednesday as worries about global recession and endless trade wars vied with hopes for a lot more monetary and fiscal stimulus to keep growth going. FILE PHOTO: A passerby walks past in front of a stock quotation board outside a brokerage in Tokyo, Japan, May 10, 2019. REUTERS/Issei Read More

Uber-rival Bolt enters European food delivery business

7 hours ago NAMEX Comments Off on Uber-rival Bolt enters European food delivery business
TALLINN (Reuters) – Estonia’s Bolt, a popular ride-sharing service in Eastern Europe and Africa, on Wednesday launched food delivery service in its home town of Tallinn, the nation’s capital, and said it plans to roll out Bolt Food this year in South Africa, Latvia and Lithuania as well. FILE PHOTO: A Bolt (formerly known as Read More

GLOBAL MARKETS-Caution grips Asian shares before Fed minutes, seminar

8 hours ago NAMEX Comments Off on GLOBAL MARKETS-Caution grips Asian shares before Fed minutes, seminar
SYDNEY (Reuters) – Asian shares flatlined on Wednesday as worries about global recession and endless trade wars vied with hopes for a lot more monetary and fiscal stimulus to keep growth going. FILE PHOTO: A passerby walks past in front of a stock quotation board outside a brokerage in Tokyo, Japan, May 10, 2019. REUTERS/Issei Read More