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Future Rate Hikes Not A Certainty, Stress US Fed Officials

The US Federal Reserve would only engage in raising rates in the short term while accounting for the economic conditions, stressed two Federal Reserve officials.   The analogy of the Fed as a hiker was used by Cleveland Fed President Loretta Mester in a television interview. Mester said that...

China's Lucrative Market Being Targeted By Chilean Honey Producers

Chilean honey producers are now eyeing China as an export market. In a first of its kind,  Terra Andes is the first honey producer from the country to apply for export certification to China. According to local experts, this development was "goods news" for the entire gamut of homey producers...

Disappointing Q3 Results From Amazon And Alphabet Batter Tech Stocks

Very disappointing third quarter reports by Amazon.com Inc and Alphabet Inc saw a significant drop in the so-called FANG stocks and other tech shares on Thursday.   For the high-growth quartet of stocks known as FANG, the latest setback were the less than expected third quarter results...

"Methodical and reasoned": Wonderbox’s expansion decoded by its CEO Fabrice Lépine

Wonderbox is experiencing a very significant and rapid European growth. The quality and variety of the services offered being the heart of the company's value proposition, its CEO, Fabrice Lépine, explains how this expansion is managed in order to maintain high quality standards. The gift box...

China's September Auto Sales See Highest Drop In 7 Years

There is a rising concern among economists that a slowdown in Chinese economy and an escalating trade war can see a contraction in the auto sale this year in China for the first time in decades after data revealed that sale of cars in September in the largest auto market in the world dropped to a...

Oil Could Be Closing In On $100 A Barrel - Experts

Oil investors are increasingly feeling that the price of crude would touch the $100 a barrel mark before the year-end because of the rising prospect of an abrupt shortage of supply the energy market.   There has been an appreciation of more than 25 per cent in oil prices this year which has...

Risk Warnings Against Financial Stability Due To Hard Brexit Issued By Bank Of England To EU

There is a growing risk for almost £70tn of complex financial contracts because of lack of adequate planning for Brexit by the EU according to the bank of England. This is by far the strongest such warning that the British central bank has issued on Brexit.   Even as time is running out,...

Macquarie Says Tesla Stocks Could Rise By Over 70% This Year

According predictions to market research firm Macquarie Research, the shares of electric car maker Tesla can rise by as much as more than 70 per cent even as the firm started of the coverage of the firm with an outperform rating.   "We view Tesla as a disruptive technology growth company...

Opec And Trump Go Head-To-Head, Chances Of Oil Price Spiking: Analysts

Amidst speculations by traders that the global price for crude would touch the $100 a barrel mark by the end of the year, Opec and United States President Donald Trump are both exhibiting a "show me" attitude to the uncertainty in the energy market.   "The market and certainly the U.S....

Top Analyst Paints Four End Outcomes For Nafta Deal Negotiations

According to Chris Krueger, managing director at Cowen Washington Research Group, the trilateral talks between the U.S., Mexico and Canada, can have four "endgame scenarios".   And none of the outcomes are very encouraging. The worst case scenario according to Krueger is "blow it up and make...

China Ease Rules On Popular Air Routes, Foreign Firms To Face New Competition

China is set to relax its norms for Chinese carriers in aviation which will allow such companies to enter into 20 popular long-haul routes to China which are currently operated by foreign airlines. This will increase the competition in those routes.    According to data from Chinese...

U.S. Putting 'Knife To Its Neck' Making Trade Talks Very Difficult: China

China is finding it difficult to carry out trade talks with the United States while the Trump administration places a “a knife to China’s neck”, said a senior Chinese official on Tuesday.   Chinese Vice Commerce Minister Wang Shouwen said at a news conference that the chances of renewal of...
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