ACOLIN connect offers professional investors 

  • Premium News & Updates with background information
  • Exclusive events
  • Information based on your preferences
  • Direct contact to fund managers and analysts
  • and much more
36 minutes 53 seconds ago

Oil jumps after U.S. Navy downs Iranian drone

Oil prices rose nearly 2% on Friday as tensions brewed again in the Middle East after a U.S. Navy ship destroyed an Iranian drone in the Strait of Hormuz, a major chokepoint for global crude flows.

Link
58 minutes 1 second ago

BMW picks 'decisive' new CEO to catch up with rivals

BMW named Oliver Zipse as its new chief executive late on Thursday, praising his "decisive" qualities after the luxury carmaker lost its edge in electric cars and ceded the premium sales crown to Mercedes under his consensus-seeking predecessor.

Link
1 hour 29 minutes ago

IEA says does not expect 'huge increase' in crude prices

The International Energy Agency (IEA) doesn't expect oil prices to rise significantly because demand is slowing and there is a glut in global crude markets, its executive director said on Friday.

Link
1 hour 52 minutes ago

GM's mid-engine Corvettes roar onstage to take on Europeans

General Motors Co unveiled on Thursday its newly designed mid-engine 2020 Corvette in a splashy tribute to its emblematic sports car, even as the No. 1 U.S. automaker faces mounting pressures in a sluggish and uncertain global sales environment.

Link
2 hours 29 minutes ago

Asia stocks firm as Fed props up rate cut expectations

Asian stocks rose on Friday after a top Federal Reserve official cemented expectations of a U.S. interest rate cut later this month, fuelling appetite for riskier assets and keeping a cap on the dollar.

Link
2 hours 34 minutes ago

Oil jumps, Brent up more than 2% after U.S. Navy downs Iranian drone

Oil prices climbed around 2% on Friday after the U.S. Navy destroyed an Iranian drone in the Strait of Hormuz, a major chokepoint for global crude flows, again raising tensions in the Middle East.

Link
3 hours 2 minutes ago

Exclusive: IEA revising oil demand growth forecast down on slowing economy

The International Energy Agency (IEA) is reducing its 2019 oil demand forecast due to a slowing global economy amid a U.S.-China trade spat, its executive director said on Thursday.

Link
3 hours 19 minutes ago

U.S.-China officials discuss trade; Mnuchin eyes possible in-person talks

U.S. and Chinese officials spoke by telephone on Thursday as the world's two largest economies seek to end a year-long trade war, with U.S. Treasury Secretary Steven Mnuchin suggesting in-person talks could follow.

Link
3 hours 19 minutes ago

China makes biggest U.S. sorghum purchase since April as trade talks resume

China made its biggest purchase of U.S. sorghum since April last week, according to U.S. Department of Agriculture data issued on Thursday, as Washington and Beijing revive discussions to end their trade war.

Link
5 hours 4 minutes ago

Asia stocks gain, dollar sags as Fed reinforces rate cut expectations

Asian stocks gained and the dollar sagged on Friday after a top Federal Reserve official all but cemented expectations of a U.S. interest rate cut later this month.

Link