Currency / Forex
MARKET SNAPSHOT: Dow Gives Up 300-point Gain To End Lower As Bond Yields Rise After Fed Minutes
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Thursday, 22 February
GM proposes $2.8 billion, 10-year investment in South Korea: government official
1d ago - SEOUL, Feb 21 (Reuters) - General Motors (GM) (>> General Motors Corporation) has proposed an investment of $2.8 billion into its loss-making South Korean operations over the next 10 years and has asked Seoul to provide its share of the funds, a South Korean government official said on Wednesday.
Stocks fall, yields and dollar rise after Fed minutes
1d ago - NEW YORK (Reuters) - The benchmark 10-year U.S. Treasury yield hit a four-year high, the dollar rose and stocks fell on Wednesday in a rocky session after the Federal Reserve at its latest policy meeting showed more confidence in the need to keep raising interest rates.
Bridgewater’s bet against Europe shines light on patchy short-selling rules
Pratt & Whitney says finds solution for Airbus engine issues
1d ago - (Reuters) - Engine maker Pratt & Whitney said on Wednesday it has found a solution to the issues that had caused delays in supplying engines to European planemaker Airbus SE (>> Airbus SE), grounding some A320neo jets.
In a Fresh Sign of Strength, Glencore Quadruples Earnings
1d ago - By Scott Patterson Glencore PLC on Wednesday said it quadrupled its earnings in 2017, increased its dividend payout to investors and was on...
SAP Declares 12% Increase to 2017 Dividend
1d ago - By Marc Navarro Gonzalez SAP SE said Wednesday that its executive and supervisory boards have recommended a 12% increase in the...
Iberdrola Says 4Q Net Profit Fell, Raises Dividend
1d ago - By Marc Bisbal Arias Iberdrola SA said Wednesday that its fourth-quarter net profit fell year-on-year, and that it was raising its...
AA's breakdown lands hedge funds $22 million potential payday
1d ago - LONDON (Reuters) - Ten hedge funds betting on a fall in AA shares are set to reap collective paper profits of more than 16 million pounds after its stock dropped by up to 30 percent.