China welcomes International Monetary Fund backing to include RMB in SDR
Month-to-date, Month-to-date, the iShares China Large-Cap ETF (FXI) fell 3%, the iShares MSCI China ETF (MCHI) fell 2.3%, the Deutsche X-Trackers Harvest CSI 300 China A-Shares Fund (ASHR) gained 1.9%, the Market Vectors China ChiNext ETF (CNXT) rose 3.5%, the Powershares DB US Dollar Bullish Fund (UUP) gained 2%.
Porsche, Audi Pulled Deeper Into Volkswagen Scandal
Berlin: Volkswagen must fully clear up an emissions cheating scandal concerning millions of vehicles, German Chancellor Angela Merkel’s spokesman said today.
Lufthansa says 100000 travellers affected by flight attendants’ strike
Lufthansa in a statement said it stood by its position that “the reasons for the strike were not defined clearly enough” and said it will decide its “next steps” on Wednesday. The company had to resort to cancellation amid an ongoing strike by its employees.
Singapore’s retail sales rose 4.6% year-over-year
The Department of Commerce announced on Friday that retail sales for October were up just 0.1% after they were unchanged during both August and September.
Target to offer $100 gift card with Apple Watch this Black Friday
So far, the retail giant is set to open at 6 p.m. on Thanksgiving Day this year, and as there have been in years past, this ad appears to include one hour in stock guarantees for numerous hottest deals.
Hottest Black Friday 2015 deals on Apple iPhones, iPads, Watches & More
This particular model normally retails for a much heftier $1,499.99, meaning that Black Friday means a discount of almost 50% in this case. Target has announced many awesome deals that they will be offering this Black Friday and the emphasis on gift cards and Apple products is apparent.
Volkswagen Will Compensate TDI Owners
Following Volkswagen’s admission that it installed software to cheat emissions tests performed on its diesel vehicles, Attorney General Maura Healey issued an advisory with information to help affected drivers. This process will take four weeks for the customer to receive the “goodwill package” and needs to be brought to the
Ownership could come full circle for Albertsons-Haggen stores
The bankruptcy auction is happening this week in Los Angeles. It was forced to sell the stores by the FTC when it merged with Safeway.
Corn, soybeans sink to new lows after bearish USDA report
This year’s expected all class US wheat yield (43.6 bushels per acre) is just 16% more than in 1985, while that for corn is up 42%; soybeans, 38%; long-grain rice, 43%, upland cotton, 24%, and sugar beets, 48%. Higher corn and soybean prices over the next two months generated by
Economists Overwhelmingly Expect Fed to Raise Interest Rates in December
US stocks were lower on Thursday morning as materials and energy stocks sank due to lower commodity prices and investors weighed the prospect of an increase in interest rates next month.