Financial Markets

Nike stock plunges on surprise forecast of drop in sales | Retail News

It was the worst day ever for the stock with losses wiping out $28.4bn from Nike’s market valuation.Nike’s stock has…

1 week ago

Fitch Ratings upgrades Qatar to third-highest on back of gas expansion | Oil and Gas News

Revenues from Qatar’s LNG fields will provide budget surpluses until the 2030s, Fitch said.Fitch Ratings has upgraded Qatar to AA,…

4 months ago

Japan’s Nikkei stock market index passes 40,000 for first time | Financial Markets

Nikkei 225 gains as much as 1 percent after last month beating 1989 record.Japan’s benchmark stock market index has smashed…

4 months ago

Poor quality control, race for profits behind Boeing’s troubles | Aviation News

When an Alaska Airlines Boeing 737-9 made an emergency landing in Portland on January 5 following a door plug blowing…

6 months ago

As PM, India’s Modi secretly tried to massively cut state funds | Business and Economy News

New Delhi, India – Immediately after becoming the prime minister in 2014, Narendra Modi held backdoor negotiations with the Finance…

6 months ago

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