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Investors Global Markets Buzz 8.1.16 Uber Technologies is giving up its costly battle for China’s riders, swapping its local operations there for a minority stake in the country’s homegrown champion. The new entity combines Didi Chuxing’s (Private:DIDI) most recent valuation of $28B and Uber China’s $7B for a $35B market capitalization. Didi will also make
Investors Forex Market Buzz 8.1.16 This morning, the greenback is trading higher against most of the major currencies, ahead of the US ISM and Markit manufacturing PMI along with the construction spending data, slated to release in a few hours. The EUR is trading lower against the USD, after data indicated that activity in the
Investors Buz Forex Market Briefs 7.29.16 This morning, the greenback is trading lower against most of the major currencies, ahead of the US flash 2Q GDP data, slated to release in a few hours. The EUR is trading higher against the USD, after Eurozone’s annual inflation advanced to an eight month high in July. Additionally,
Investors Buz Forex Market Briefs This morning, the greenback is trading lower against most of the major currencies, ahead of US initial jobless claims data, slated to be released in a few hours. The EUR is trading higher against the USD, after Germany’s unemployment rate remained at a record low in July, in line with market
Global Financial Buzz Online this Morning 7.27.16 Investors Buz – Todays outlook company outcomes from the tech, energy, industrial and patron sectors are all piling onto the radar as traders locate themselves within the warmth of earnings season. Analysts are nonetheless debating how it’s going to all cease, however so far the Dow, S&P