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SINGAPORE — China’s homegrown airliner may be the latest challenger to Airbus and Boeing’s passenger jets, but an executive from Airbus said he’s not worried.The Comac C919 is “not going to rock the boat in particular,” Christian Scherer, chief executive officer of Airbus’s aircraft commercial business, said at a media…
LONDON — Barclays on Tuesday reported a fourth-quarter net loss of £111 million ($139.8 million) as the British lender announced an extensive strategic overhaul, boosting its shares more than 6% in early trade.Analysts polled by Reuters had expected net profit attributable to shareholders of £60.95 million for the quarter, according…
Introduction MacroGenics’ (NASDAQ:MGNX) stock is up 230% since my “Buy” recommendation in September. Seeking Alpha Two major variables have contributed to the run. One, the macroeconomics (prospects of rate cuts later this year by the Federal Reserve) have been favorable to the biotech sector. Many stocks are up significantly without…
SINGAPORE — Boeing will not be bringing any commercial planes to the Singapore Airshow, shifting the spotlight for passenger jets to rival Airbus as well as China’s homegrown offering.It comes as Boeing reported a decline in aircraft orders and deliveries in January in the aftermath of a midflight blowout of…
Munich, GERMANY — Should we borrow from global markets as one combined entity and raise new debt together?That’s the question hanging on the shoulders of EU officials as they promise to spend more on defense amid Russia’s onslaught in Ukraine.This debate is not new — and it is historically complex.For…
With gold stubbornly holding above $2000/oz, it’s an interesting time to be looking at the gold sector for investment opportunities. Barrick Gold Corporation (NYSE:GOLD), being the second-largest gold miner in the world, is a must-consider for anyone looking to invest in gold equities. But being big doesn’t necessarily mean it’s…
MUNICH, Germany — NATO members on Saturday weighed the U.S.’ possible withdrawal from the military alliance if Donald Trump returns to the White House, with Hillary Clinton saying he would waste no time in quitting if re-elected.Clinton urged delegates at the Munich Security Conference to take her one-time presidential rival’s…
Norway boasts the highest electric vehicle adoption rate in the world. Some 82% of new car sales were EVs in Norway in 2023, according to the Norwegian Road Federation (OFV). In comparison, 7.6% of new car sales were electric in the U.S. last year, according to Kelley Blue Book estimates.…
By Raffaele Savi and Jeff Shen, PhD As we look ahead, our systematic analysis continues to support the case for an eventual “soft landing” economic scenario, where inflation falls to central bank targets without causing a recession. But the macroeconomic and market backdrop isn’t without uncertainty, and there are several…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible. Here…