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METALS-London copper rises on upbeat U.S. housing data; set for weekly drop

26 mins ago NAMEX Comments Off on METALS-London copper rises on upbeat U.S. housing data; set for weekly drop
BEIJING, Sept 20 (Reuters) - London copper prices inched higher in early trade on Friday, boosted by U.S. data showing August home resales at a 17-month high, while the number of Americans filing for unemployment benefits rose less than expected last week. Copper, widely used in construction and power, nonetheless remained on course for a Read More

GLOBAL MARKETS-Economy hopes support shares, oil edges up on Mideast tensions

26 mins ago NAMEX Comments Off on GLOBAL MARKETS-Economy hopes support shares, oil edges up on Mideast tensions
TOKYO (Reuters) – Asian share prices inched higher on Friday as economic stimulus around the world eased fears over slowing growth, while crude oil prices climbed on concerns that last weekend’s attacks on Saudi Arabia’s oil facilities still pose supply risks. FILE PHOTO: Pedestrians walk pass an electronic board showing the Japan’s Nikkei average (R) Read More

Huawei Mate 30 phones launch without Google apps

2 hours ago NAMEX Comments Off on Huawei Mate 30 phones launch without Google apps
Huawei has launched its latest smartphones without many of the apps typically pre-installed on Android handsets. The Mate 30 and Mate 30 Pro both lack YouTube, Google Maps and Gmail among other software. They also do not feature Google’s Play Store, which is the normal way users outside China install third-party software on to Android Read More

U.S. stock exchange competition to heat up in 2020 with new entrants

6 hours ago NAMEX Comments Off on U.S. stock exchange competition to heat up in 2020 with new entrants
NEW YORK (Reuters) – At least three new U.S. stock exchanges are expected in 2020, executives from the companies said on Thursday, potentially lowering trading costs as the upstarts try to take business from the incumbents, while also adding complexity to the marketplace. FILE PHOTO: Traders work on the floor at the New York Stock Read More

US STOCKS-Microsoft nudges S&P 500 toward record high

8 hours ago NAMEX Comments Off on US STOCKS-Microsoft nudges S&P 500 toward record high
(Reuters) – Microsoft and healthcare companies lifted Wall Street on Thursday, a day after the Federal Reserve cut interest rates as expected and left the door open for further monetary easing. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid Microsoft Read More

GLOBAL MARKETS-Shares rise after Fed rate cut, oil prices gain

8 hours ago NAMEX Comments Off on GLOBAL MARKETS-Shares rise after Fed rate cut, oil prices gain
NEW YORK (Reuters) – A gauge of global equity performance rose within 1% of a record high on Thursday, a day after the Federal Reserve cut interest rates, but crude oil prices climbed higher on concerns last weekend’s attacks on Saudi Arabia’s oil facilities pose supply risks. Iran warned U.S. President Donald Trump against being Read More

Tech investors: No broad lessons seen in WeWork valuation drama

10 hours ago NAMEX Comments Off on Tech investors: No broad lessons seen in WeWork valuation drama
NEW YORK (Reuters) – Two top technology investors cautioned against drawing broadconclusions about the valuation of private companies from questions swirling around U.S. office-sharing startup WeWork. FILE PHOTO: The WeWork logo is displayed on the entrance of a co-working space in New York City, New York U.S., January 8, 2019. REUTERS/Brendan McDermid/File Photo Scott Kupor, Read More

Upbeat data suggest U.S. economy still on moderate growth path

10 hours ago NAMEX Comments Off on Upbeat data suggest U.S. economy still on moderate growth path
WASHINGTON (Reuters) – The number of Americans filing applications for unemployment benefits increased less than expected last week, pointing to strong labor market conditions that should continue to support an economy growing at a moderate pace. FILE PHOTO: Job seekers line up at TechFair in Los Angeles, California, U.S. March 8, 2018. REUTERS/Monica Almeida/File Photo Read More

Smart Charge Hawai’i Program to Make EV Charging Stations Available to Residents and Businesses

12 hours ago NAMEX Comments Off on Smart Charge Hawai’i Program to Make EV Charging Stations Available to Residents and Businesses
The partnership between Enel X, Elemental Excelerator, and Hawaiian Electric Companies aims to showcase EVs’ ability to deliver grid services and integrate renewable energy on Oʻahu, Maui, and Hawai’i Island Through the support of Elemental Excelerator, JuiceBox smart chargers will be offered free for the first 300 EV drivers and 50 businesses to participate in Read More

Shares of Ping Identity jump 25% in U.S. market debut

12 hours ago NAMEX Comments Off on Shares of Ping Identity jump 25% in U.S. market debut
(Reuters) – Shares of Ping Identity Holding Corp jumped 25% in their market debut on Thursday, giving the identity software company a market value of about $1.46 billion. Ping Identity’s shares opened at $18.75 and rose to as much as $19.74 in early trade. The company priced its initial public offering at $15 per share Read More