Thursday, 22 October 2015

Today's Finance News

HERE are nine things making news in business and finance around the world today

Global computer disk drive leader Western Digital

1.SYDNEY — The Australian dollar has dropped, following Chinese equities down. At 0630 AEDT on Thursday, the currency was trading at 72.13 US cents, down from 72.50 cents on Wednesday.

2. SYDNEY — And the Australian share market looks set to open lower following a mixed performance on international markets overnight. At 0645 AEDT on Thursday, the December share price index futures contract was down 26 points at 5,213.
3. NEW YORK — Coca-Cola’s profit and revenue fell in the third quarter as the world’s biggest drink maker booked charges related to its cost-cutting push and took a hit from the strong dollar.
4. NEW YORK — Shares of supercar maker Ferrari rocketed as high as $US60 ($A82.60) as they first traded on the New York Stock Exchange, 15 per cent above the IPO price of $US52.
5. LONDON — China has vowed to take a one-third stake in Britain’s first nuclear power plant in decades in a project led by French energy giant EDF, on the second day of President Xi Jinping’s business-themed state visit.
6. NEW YORK — Global computer disk drive leader Western Digital has announced it will pay $US19 billion ($A26.16 billion) for flash memory specialist SanDisk, the latest mega-deal in computer storage.
7. NEW YORK — Boeing earnings soared in the third quarter and the company has hiked full-year forecasts as aircraft deliveries picked up to record levels on its huge backlog of orders.
8. NEW YORK — General Motors has reported slightly lower third-quarter profits as the costs of ignition-switch litigation settlements offset strong profits in North America.
9. NEW YORK — YouTube has announced a new paid-subscription service that will eliminate advertisements as the video service behemoth looks to better tap its vast commercial potential.

No comments:

Post a Comment