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Nalezeno "AI in finance": 8836

Lupin Shares Crash Following US FDA Observations About Goa Plant

28.5.2019
Over the past two and a half decades, Indian generic drug companies have become one of the most dominant players in the industry, and in that regard; Lupin Ltd remains one of the most influential. However, as everyone knows, these companies depend on the United States market for a large bulk of...

South Korean Won Gets Hammered With Increase In Foreign Investments

27.5.2019
The rise in trade by South Korean investors in foreign stocks and bonds in the previous quarter is threatening to push the Won currency further down. An increase of 51 percent was observed in foreign stocks and bond trades by Korean investors in the last three months alone according to data...

Huawei’s Plight To Help Samsung Gain Larger Market Share

27.5.2019
Huawei Technologies has become the centerpiece in the rising dispute between the US and China. With Huawei becoming the second largest seller of smartphones globally, the issues facing the company have taken on a more serious turn. Huawei was initially founded in 1987, following which it expanded...

World’s Biggest Investment Banks to Face Class Action Lawsuit in Australia

27.5.2019
Earlier this month, some of the world’s biggest investment banks were found to have been involved in widespread foreign exchange manipulation by the regulatory authorities in the European Union. At the time, it came to light that some of the traders employed with the biggest names in investment...

Renault Board Presented with Merger Offer by Fiat Chrysler

27.5.2019
In the world of top-level business, mergers and acquisitions often go on to create behemoths that can tide over any crisis in the industry and over the years, many such mergers have happened in the automobile industry. In a new development, it has now emerged that Fiat Chrysler has sent a merger...

Foreign Ownership in IT and Telecom to be Restricted by Japan

27.5.2019
Cybersecurity has been a recurring issue for the most government over the past decade or so and the worries went up several notches when the United States accused Chinese telecom giant of being a vehicle for spying for Beijing. The company was eventually banned and blacklisted, but many other...

Pressure Rises on Chinese Economy as Industrial Profits Shrink for April

27.5.2019
The downturn in the Chinese economy and the shrinking of domestic demand has been one of the biggest stories in international economics for the better part of a year. In addition to that, the turmoil brought upon by the damaging trade war with the United States has had its own effect on...

Indian Rupee Rises by 47 Paise Against the Dollar Following Election Results

24.5.2019
When it comes to the markets, stability is something that investors crave, and that is exactly what happened with the elections in India this year. Back in 2014, the Bharatiya Janata Party had come power on the back of a thumping majority but in 2019, it came back to power with an even greater...

Chilean Mining Giant Codelco’s Copper To Be Hit As Mines Go Underground

24.5.2019
As far as the largest mining companies are concerned, they have the capability of taking big hits over the short term. However, it takes a whole new dimension when a company’s largest mine is out of business due to a restructuring process. That is exactly what has happened with Codelco, the Chilean...

Indian IT Giant Infosys Completes Strategic Deal with ABN AMRO

24.5.2019
One of the most remarkable success stories over the past three decades has been the continued rise of the information technology sector in India and among the many companies that have sprung up; Infosys remains one of the most respected names. Throughout the past few decades, the company has grown...

Wall Street Believes That the Trade War with China is Set to Continue

24.5.2019
The trade war between the United States and China has proven to be the biggest diplomatic and economic issue in the world over the past few months. However, following the escalation of tensions between the two sides over the past few weeks, there is a belief that the trade war is going to persist...

Panasonic Becomes Latest Company to Sever Ties with Huawei

24.5.2019
One of the most incredible fallouts from out of the trade war between the United States and China has been the way in which Chinese tech giant Huawei has found itself pushed into a corner. The US had accused that the company’s telecom equipment is used for spying by the Chinese state and eventually...

Business Morale in Germany Dips in May and Escalates Growth Concerns

23.5.2019
Over the past decade or so, Germany grew at a breakneck pace as it went on to become one of Europe’s and the world’s strongest economies. However, as everyone knows, a country cannot go on growing economically indefinitely, and it seems that Germany is now at that stage. The rate of growth...

As Deutsche Bank Shares Hit New Lows, CEO Promises Tough Cuts

23.5.2019
At one point of time, German banking giant Deutsche Bank was looked upon as being in the same category of some of the biggest banks of the world like Goldman, JP Morgan, and Barclays among others, as it set its sights on international domination. However, the financial crisis of 2008 burned...

Xi Jinping Warns China to Brace for Tough Time Ahead Amidst Trade War

23.5.2019
The trade war between the United States and China has been an incredibly damaging one for both countries, but needless to say, it is the latter which has had a tough time during this prolonged crisis. The Asian nation had put up a brave front throughout the course of the skirmish, but in a stunning...

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