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Oil prices firm on OPEC cuts, strong demand and looming Iran sanctions

Crude prices have received broad support from voluntary supply cuts led by the Organization of the Petroleum Exporting Countries (OPEC) aimed at tightening the market.....»»

Category: topSource: business-standardMay 18th, 2018

Siemens makes deal with German unions on job cuts

ZURICH (Reuters) - Siemens said it had agreed in principle with trade unions about its plans to cut jobs and restructure its struggling Power and Gas (PG) and Process Industries and Drives businesses in Germany......»»

Category: topSource: reutersMay 8th, 2018

Samsung Electronics flags mobile weakness as chips power record first-quarter profit

SEOUL (Reuters) - Samsung Electronics Co Ltd said weakness in the global smartphone market would slow earnings growth, as it reported record quarterly profit on Thursday thanks to strong demand for semiconductors used in servers......»»

Category: topSource: reutersApr 26th, 2018

TSMC cuts revenue outlook for 2018

Taiwan Semiconductor Manufacturing Company (TSMC) has cut its revenue growth forecast for 2018 to 10% from the previously-estimated 10-15%, citing weaker-than-expected smartphone demand and growing uncertainty facing the cryptocurrency mining market......»»

Category: topSource: digitimesApr 23rd, 2018

Qualcomm cuts 1,231 jobs in San Diego and 269 in other CA offices, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 19th, 2018

Retirement of old thermal plants to shift demand to short-term power market

An investor presentation by Indian Energy Exchange (IEX) says the overall power generation in the country increased by 3.8 per cent during April-December of FY18.....»»

Category: topSource: business-standardApr 17th, 2018

Britain"s biggest carmaker cuts 1,000 jobs

The UK's biggest auto manufacturer -- Jaguar Land Rover -- is cutting 1,000 jobs in its home market as Brexit and slumping sales hit the quintessentially British brand......»»

Category: topSource: cnnApr 16th, 2018

GM cuts 1,500 jobs at Ohio plant

GM cutting 1,500 jobs at Ohio plant as it eliminates one of two remaining shifts due to weak demand for small cars......»»

Category: topSource: cnnApr 15th, 2018

Soaring oil demand is tightening the market

Muhannad Fala'ah/Getty Images Oil demand is surging. Meanwhile, production is falling in many countries. OPEC will try to keep the cuts in place through the end o.....»»

Category: topSource: businessinsiderApr 14th, 2018

The sky isn"t falling for the job market

The jobs number wasn't great. But wages are still growing without sparking inflation fears. The unemployment rate remains low. And corporate tax cuts may offset trade war worries......»»

Category: topSource: cnnApr 6th, 2018

Volvo Cars: U.S.-China dispute threatens jobs at new U.S. plant, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewall1 hr. 1 min. ago

Understanding the Landscape of Short-Term Rental Restrictions

The following information is provided by the Center for REALTORĀ® Development (CRD). Since the launch of on-demand rental reservation websites such as Airbnb, the short-term rental market has been growing at a very healthy (and to some, alarming) pace. W.....»»

Category: realestateSource: rismedia1 hr. 46 min. ago

Solar Stock Outlook: Tariffs to Hurt, Cost Cuts a Relief

Solar Stock Outlook: Tariffs to Hurt, Cost Cuts a Relief Rising demand for.....»»

Category: personnelSource: nyt2 hr. 31 min. ago

Economic Report: Existing-home sales sink as tight supply smothers market

Sales of previously-owned homes fell for the second month in a row as there remains not enough supply to sate demand in the housing market......»»

Category: topSource: marketwatch8 hr. 2 min. ago

M&I Electric awarded $3M contract for new offshore drilling rig power system

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewall9 hr. 17 min. ago

BWX Technologies selects Ontario Power for new isotope manufacturing technology

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewall10 hr. 46 min. ago

EU Parliament committee votes for tougher EU copyright rules to rein in tech giants

BRUSSELS (Reuters) - Google , Facebook , Microsoft and other tech giants could face more curbs on their market power after a European Parliament committee voted in favor of tougher copyright rules on Wednesday......»»

Category: topSource: reuters10 hr. 47 min. ago

6 Winning Stocks to Buy as Housing Starts Hit 11-Yr High

A strong labor market, tax cuts and improved finances .....»»

Category: worldSource: nyt11 hr. 2 min. ago

Telstra plans to cut 8,000 jobs in new Telstra2022 strategy

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewall12 hr. 31 min. ago

Xintec halts 12-inch wafer-level packaging production

Image sensor packaging specialist Xintec has decided to suspend its 12-inch wafer-level packaging production line for one year due to disappointing CMOS image sensor (CIS) demand for mass-market applications, according to the company......»»

Category: topSource: digitimes14 hr. 1 min. ago