Siemens Energy AG is set to debut on the Frankfurt stock exchange on Monday, becoming an independent entity as part of an overhaul at technology-and-engineering giant Siemens AG (SMAWF). Here's what you need to know. --VALUATION: Berenberg estimates the enterprise value of the German energy company at around 19 billion euros, while Reuters reports consensus estimating the value at between EUR21 billion and EUR22 billion, according to a source close to the company--which would...
* Dollar index to post strongest week since April. * Oil heading for weekly drop on virus-linked demand concerns. * Graphic: 2020 asset performance http://tmsnrt.rs/2yaDPgn. * Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh. By Rodrigo Campos.
U.S. stocks swung between small losses and gains as an uncertain economic recovery and the U.S. presidential race injected turbulence into markets, leaving the S&P 500 on course for a fourth consecutive week of losses. The broad stock market index added 0.4% but was on track for a weekly loss of 1.8%. The Dow Jones Industrial Average edged up 0.2%, while the tech-heavy Nasdaq Composite climbed 1%.
SEATTLE, Sept. 25, 2020 The median home sale price increased 14% from 2019 to $319,978the highest on recordaccording to a new report from Redfin, the technology-powered real estate brokerage. Below are other key housing market takeaways for 434 U.S. metro areas during the 4-week period ending September 20.
Technavio has been monitoring the office furniture market and it is poised to grow by USD 22.67 bn during 2020-2024, progressing at a CAGR of almost 6% during the forecast period. This press release features multimedia. Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied.
Global shipments of wearable devices are expected to total 396.0 million units in 2020 according to new data from the International Data Corporation Worldwide Quarterly Wearable Device Tracker. This marks a 14.5% increase from the 345.9 million units shipped in 2019. The first half of 2020 delivered positive results despite the impact of COVID-19 on the global economy.
G7 finance ministers on Friday backed an extension of a G20 temporary freeze in debt payments and recognized the need for broad debt relief in the future, while taking aim at G20 member China over a lack of transparency in its lending.
Britain on Friday said there was still a lot of work to do in talks with the European Union on a trade deal and called on the EU to translate a "more constructive attitude" into realistic policy positions.
Orders for long-lasting factory goods increased for the fourth consecutive month in August, a sign of the manufacturing industry's continued recovery from coronavirus pandemic-related disruptions. New orders for durable goods-- products designed to last at least three years-- rose 0.4% in August compared with July, the Commerce Department said Friday. The August increase was at a slower pace than earlier in the summer, when orders rebounded following a collapse in demand from...
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