DHL Beats Amazon, Google to First Planned Drone Delivery

Posted by Forexsq 5 days ago (http://www.bloomberg.com)
img Germany’s Wadden Sea, World Heritage-designated wetlands recognized for their importance in the conservation of migratory birds, will soon host frequent fliers of a different kind when drones enter the skies typically populated by spoonbills, cormorants and geese.

Deutsche Post AG, Europe’s largest postal service, is about to begin deliveries of medication and other urgent goods to the island

Hong Kong protesters willing to pay economic price

Posted by Forexsq 14 hours ago (http://money.cnn.com)
img As demonstrations continue to disrupt normal operations in Hong Kong, both experts and residents are considering the long-term impact that pro-democracy protest will have on the international finance hub.

Police have used pepper spray and tear gas in an effort to oust protesters from their camps near Hong Kong's main business district, but the activists remain in place and have even occupied m

Marc Andreessen: Spendthrift startups will "vaporize"

Posted by Forexsq 4 days ago (http://money.cnn.com)
img Prominent venture capitalist Marc Andreessen has a message for Silicon Valley startups: Get your spending under control now, or fail when the market inevitably turns.

Andreessen has long insisted that Silicon Valley's tech boom is not a bubble, but he is now worried that startups are spending too much cash on flashy offices or excessive numbers of employees.

Carl Icahn's eBay stake gains about $138 million

Posted by Forexsq 14 hours ago (http://www.marketwatch.com)
img Carl Icahn's stake in eBay Inc. EBAY, +6.87% is worth about $138 million more in premarket action on Tuesday than it was at Monday's close, after a rally triggered by the news that the company will separate its PayPal unit into an independent, publicly traded company. Icahn Associates is eBay's sixth-biggest shareholder with about 30,800 shares, equal to a 2.5% stake in the company, according to

U.S. growth quickest in two and a half years on business spending, exports

Posted by Forexsq 4 days ago (http://www.reuters.com)
img The U.S. economy grew at its fastest pace in 2-1/2 years in the second quarter with all sectors contributing to the jump in output in a bullish signal for the remainder of the year.

The Commerce Department on Friday raised its estimate of gross domestic product to show the economy expanded at a 4.6 percent annual rate. That was in line with Wall Street's expectations.

The best performance s

Euro’s Worst Quarter Since 2010 Leaves It at Two-Year Low

Posted by Forexsq 13 hours ago (http://www.bloomberg.com)
img The euro fell to a two-year low against the dollar as slowing inflation in the 18 nations that share the currency boosts the case for extra monetary stimulus from the European Central Bank to avert deflation.

Already undermined by ECB President Mario Draghi’s moves to swell the central bank’s balance sheet and cut borrowing costs, the common currency is poised for its worst quarter against the

Yen Weakens on Pension Fund Reform; Dollar Advances Amid Growth - Bloomberg

Posted by Forexsq 4 days ago (http://www.bloomberg.com)
img The yen fell, approaching the weakest in six years versus the dollar, on speculation Japan’s government will push ahead with reforms that would allow the nation’s $1.2 trillion pension fund to buy more overseas assets.

Japan’s currency fell versus most of its 16 major peers after Health Minister Yasuhisa Shiozaki, whose ministry oversees the Government Pension Investment Fund, said the fund wi

Stocks head for worst quarter since euro crisis, dollar soars | Top Forex Brokers

Posted by Forexsq 13 hours ago (http://www.topforexbrokers.com)
img A new trough in euro zone inflation pushed the euro to a two-year low on Tuesday, leaving the dollar on course for its biggest quarterly gain in six years and... moreShare it now!

U.S. Stocks Rise on Corporate Results, Accelerating GDP

Posted by Forexsq 4 days ago (http://www.bloomberg.com)
img U.S. stocks rebounded from the worst day since July, with the Standard & Poor’s 500 Index paring a weekly decline, as corporate results topped estimates and data showed the fastest economic growth since 2011.

Nike Inc. jumped 10 percent after reporting first-quarter profit that exceeded analysts’ estimates. Micron Technology Inc. added 6.6 percent after a surge in quarterly sales beat projecti

Gold Falls to Lowest Since January, Set for Monthly Drop

Posted by Forexsq 13 hours ago (http://www.bloomberg.com)
img Gold fell to the lowest level since January, set for the biggest monthly decline in 15, on the outlook for higher U.S. interest rates that strengthened the dollar. Silver dropped to the lowest in four years.

Gold retreated 6.3 percent in September, the most since June 2013. It’s within 0.4 percent of erasing this year’s gains, which were fueled partly by tensions in Ukraine and the Middle East

Bill Gross makes Janus relevant again

Posted by Forexsq 4 days ago (http://www.marketwatch.com)
img Bill Gross just made Janus Capital Corp. relevant in the mutual fund industry again.

Janus JNS, +36.41% was the high-flying stock-picking shop of the 1990s that got crunched when the Internet bubble burst and dragged through the mud for its involvement in a 2003 rapid-trading scandal that pushed fed-up investors out the door.

Since then, the company has been an afterthought in the fund wor

Oil Set for Biggest Quarterly Drop Since 2012 on Adequate Supply

Posted by Forexsq 13 hours ago (http://www.bloomberg.com)
img Brent and West Texas Intermediate headed for the biggest quarterly decline in more than two years as abundant crude supplies offset the risk of disruption from conflict in the Middle East.

Futures were up 0.1 percent in London, trimming a drop of 13 percent since the beginning of July. The U.S. and its European and Arab allies have conducted thousands of air missions since starting a bombing c

Get ready for rising interest rates and stocks

Posted by Forexsq 4 days ago (http://www.marketwatch.com)
img There is increasing evidence the Federal Reserve will tighten monetary policy in the next year, ending its bond-buying efforts and positioning itself to raise interest rates.

Quantitative easing is effectively over, with the stimulus program scheduled to end in October, and the “dot plot” of projections from Fed officials shows rates will likely get their first bump in 2015 with a projected fe

U.S. Stocks Fall as Russia Concern Offsets EBay, Mergers

Posted by Forexsq 13 hours ago (http://www.bloomberg.com)
img U.S. stocks fell, paring a seventh straight quarterly gain for the Standard & Poor’s 500 Index, as consumer confidence declined and Russia was said to consider introducing capital controls.

Ford Motor Inc. dropped 3.5 percent after saying it will miss a profit forecast for 2014. EBay Inc. jumped 6.7 percent after the world’s biggest online marketplace said it will separate from its payments un

Draghi May Discover Weaker Euro Doesn’t Buy Enough Recovery | Top Forex Brokers

Posted by Forexsq 4 days ago (http://www.topforexbrokers.com)
img Mario Draghi may find a falling currency can’t buy much of an economic recovery. The euro has dropped toward a two-year low against the dollar since the European Central Bank... moreShare it now!
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