Analysts Say Volkswagen's Management Reshuffle Not Enough to Create Momentum
Volkswagen’s reshuffling may not bring the momentum it needs to to address its structural issues between lets Chief Executive Martin Winterkorn and former Chairman Ferdinand Piech.
Sep 08, 2015 11:46 PM EDT
Nike could be J. Crew's toughest rival
Nike is just silent and waiting around the corner to take its queue in the market sales. Before J. Crew knew it, Nike has gotten the bigger share in the active wear market share sales.
Wall Street Q3 projections under pressure
The projections on US growth rate for third quarter are likely to be lower following the adverse conditions in emerging ecnomies, expectations of rate hike by US Fed, currency crisis in developing nations.
China's economic distress is risk to global economy: IMF and ECB
China's economic turmoil poses great risks to the world's economic growth but they are managing to recover from the troubles with the help from other countries and Fed will not yet increase its interest rates.
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Craft beer maker BrewDog turns to Crowdcube for GBP25M fund raising
Scottish craft beer maker BrewDog is raising GBP25 million to support its expansion plan. For the first time, BrewDog is using crowdfunding platform Crowdcube. Using the raised funds, BrewDog will open new bars across the UK and also set up a manufacturing facitlity in the US.
Sep 07, 2015 4:53 AM EDT
Irish fashion brand Primark to launch eight retail stores in the U.S.
Primark, the top fashion brand that started in Dublin, Ireland will venture on the U.S. market opening eight stores in a row. Its first store will be in Burnham Building Boston to be launched on September 10.
Sep 07, 2015 4:51 AM EDT
Housing boom in the horizon as market welcomes potential new buyers
The supply of houses being put up on sale is dwindling, while survey firms see a surge in potential new home buyers. This could lead to another boom in house prices.
Sep 07, 2015 4:51 AM EDT
Slump in Chinese economy brings down manufacturing cost for British fashion labels
The Chinese economic meltdown means lower manufacturing cost for small fashion firms in the UK. The Chinese economic meltdown is not bad news for everybody, as some British fashion companies that use factories in the oriental country will experience lower costs in manufacturing.
Sep 07, 2015 4:25 AM EDT
Bearish divergence: Investors advised not to buy on dips
The formation of Bearish Divergence on technicals charts is indicating further fall in the makrets. Technical analysts caution investors not to take positions on dips as market could fall further. Adverse conditions in the global markets are also dampening the investor confidence.
Sep 07, 2015 3:29 AM EDT
Putin enticed investors to invest in Russia's Far East
A call for investments from local and foreign investors has been rolled out by the Russian President Vladimir Putin in Russia's abundant Far East with a promise of high return on investments.
Sep 07, 2015 3:10 AM EDT
Positive outlook on employment increases possibility for Fed to raise rates this September
The drop on unemployment rate and the slight increase in wages can increase the possibility for the Federal Reserve to raise interest rates in September.
Sep 07, 2015 3:04 AM EDT
More Entities Oppose Bank of America Board's Proposal That Turns Moynihan both Chairman and Chief
More and more entities are against the Bank of America board’s proposal that would let Brian Y. Moynihan both the chief executive officer and chairman of the bank.
Sep 07, 2015 3:00 AM EDT
Online advertising to brighten Thai economy
Thai economy is faltering but businesses is courageously allowing more huge budgets to venture into digital advertising targeting Thai consumers through smartphone apps, social networking and sharing of videos on websites.
Sep 07, 2015 1:59 AM EDT
Volkswagen appoints a new chairman
Volkswagen's unassuming finance chief is taking the helm of the world's biggest automaker. Hans Dieter Pötsch has been appointed company chairman, dashing hopes of his current boss of assuming the top post.
Sep 07, 2015 1:23 AM EDT
August sell-off: No 'flight to safety' for bonds market
When equities fall, bonds market gain. But during the August sell-off, bonds market couldn't take off. Analysts cite many reasons including uncertainty on rate hike, emerging economies central banks' bond sales to pretect their currencies, etc.
Sep 06, 2015 11:25 PM EDT
Drop in Unemployment Rate Is Not Enough to Calm Market with Higher Interest Rates
Unemployment rates are going down, wages are going up, which means the Federal Reserve could possibly increase interest rates this month.
Sep 06, 2015 7:10 AM EDT
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