BlackRock’s Larry Fink says Middle East must avoid other regional investing mistakes

BlackRock CEO: We will play a role in working with domestic investors in Middle East 39 Mins Ago | 03:29The Middle East must tread carefully to ensure it does not make the same investment mistakes as Europe, according to the CEO of the world’s largest asset manager. “The region should not make the mistakes that so many other regions (have made), like in Europe, where there is such shallow participation by locals in investing in their own capital markets,” he added. International investors flocke


BlackRock CEO: We will play a role in working with domestic investors in Middle East 39 Mins Ago | 03:29The Middle East must tread carefully to ensure it does not make the same investment mistakes as Europe, according to the CEO of the world’s largest asset manager. “The region should not make the mistakes that so many other regions (have made), like in Europe, where there is such shallow participation by locals in investing in their own capital markets,” he added. International investors flocke
BlackRock’s Larry Fink says Middle East must avoid other regional investing mistakes Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: sam meredith
Keywords: news, cnbc, companies, worlds, blackrock, east, investing, domestic, fink, avoid, blackrocks, saudi, mistakes, middle, region, working, investors, larry, regional


BlackRock's Larry Fink says Middle East must avoid other regional investing mistakes

BlackRock CEO: We will play a role in working with domestic investors in Middle East 39 Mins Ago | 03:29

The Middle East must tread carefully to ensure it does not make the same investment mistakes as Europe, according to the CEO of the world’s largest asset manager.

“The only way to get more financial inclusion in this region and every region is to have greater participation in the capital market through equities in their retirement plans,” BlackRock Chief Executive Larry Fink told CNBC’s Hadley Gamble during a panel session in Riyadh, Saudi Arabia on Wednesday.

“The region should not make the mistakes that so many other regions (have made), like in Europe, where there is such shallow participation by locals in investing in their own capital markets,” he added.

His comments come at a time when some of the world’s leading financiers are returning to Saudi Arabia after the oil-rich kingdom held some of the year’s largest merger and bond deals.

International investors flocked to lend money to Saudi Arabia’s hugely profitable state-owned oil company earlier this month.

Demand for Saudi Aramco’s bonds surged above $100 billion, according to a source familiar with the situation, more than 10 times the $10 billion that had been expected.

Nonetheless, BlackRock’s Fink said it would be “essential” for Middle East governments to drum up support from domestic investors too.

“I think that’s going to be one of the critical characteristics to build and BlackRock will play a big role in both working with the domestic savers and building their retirement, plus bringing in international investing to invest side by side,” Fink said.


Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: sam meredith
Keywords: news, cnbc, companies, worlds, blackrock, east, investing, domestic, fink, avoid, blackrocks, saudi, mistakes, middle, region, working, investors, larry, regional


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Dow futures edge lower as investors await Facebook, Microsoft earnings

U.S. stock index futures were slightly lower Wednesday morning, as market participants looked ahead to another deluge of corporate earnings. ET, Dow futures slipped 17 points, indicating a negative open of more than 28 points. Futures on the S&P and Nasdaq were both seen marginally lower. Market focus is largely attuned to earnings season, after better-than-feared figures from major companies in the previous session helped the Nasdaq and S&P 500 indexes reach record closing highs. But stocks qui


U.S. stock index futures were slightly lower Wednesday morning, as market participants looked ahead to another deluge of corporate earnings. ET, Dow futures slipped 17 points, indicating a negative open of more than 28 points. Futures on the S&P and Nasdaq were both seen marginally lower. Market focus is largely attuned to earnings season, after better-than-feared figures from major companies in the previous session helped the Nasdaq and S&P 500 indexes reach record closing highs. But stocks qui
Dow futures edge lower as investors await Facebook, Microsoft earnings Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: sam meredith
Keywords: news, cnbc, companies, futures, worst, closing, nasdaq, dow, investors, trade, 500, sp, points, edge, lower, uschina, microsoft, await, earnings, turned, facebook


Dow futures edge lower as investors await Facebook, Microsoft earnings

U.S. stock index futures were slightly lower Wednesday morning, as market participants looked ahead to another deluge of corporate earnings.

At around 02:45 a.m. ET, Dow futures slipped 17 points, indicating a negative open of more than 28 points. Futures on the S&P and Nasdaq were both seen marginally lower.

Market focus is largely attuned to earnings season, after better-than-feared figures from major companies in the previous session helped the Nasdaq and S&P 500 indexes reach record closing highs.

Tuesday’s move toward an all-time closing high comes less than six months after a sharp decline in late December, which led the S&P 500 to its worst annual performance since 2008. But stocks quickly turned around as the Federal Reserve reversed course on monetary policy while the tone around U.S.-China trade talks improved.


Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: sam meredith
Keywords: news, cnbc, companies, futures, worst, closing, nasdaq, dow, investors, trade, 500, sp, points, edge, lower, uschina, microsoft, await, earnings, turned, facebook


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Goldman Sachs is not expecting oil to rally despite the US tightening sanctions on Iran

Goldman Sachs expects the United States’ decision to end exemptions from sanctions for countries still buying oil from Iran to have a limited impact on crude prices, even though the timing is likely to have caught energy market participants by surprise. “While we acknowledge the near-term upside price risks, we reiterate our fundamentally derived Brent price trading range of $70-75 per barrel for the second quarter of 2019,” the U.S. investment bank said in a research note published Monday, Reut


Goldman Sachs expects the United States’ decision to end exemptions from sanctions for countries still buying oil from Iran to have a limited impact on crude prices, even though the timing is likely to have caught energy market participants by surprise. “While we acknowledge the near-term upside price risks, we reiterate our fundamentally derived Brent price trading range of $70-75 per barrel for the second quarter of 2019,” the U.S. investment bank said in a research note published Monday, Reut
Goldman Sachs is not expecting oil to rally despite the US tightening sanctions on Iran Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: sam meredith, raheb homavandi
Keywords: news, cnbc, companies, iranian, goldman, rally, waivers, sachs, tightening, worlds, oil, expecting, iran, despite, price, facing, crude, buying, upside, economies, sanctions


Goldman Sachs is not expecting oil to rally despite the US tightening sanctions on Iran

Goldman Sachs expects the United States’ decision to end exemptions from sanctions for countries still buying oil from Iran to have a limited impact on crude prices, even though the timing is likely to have caught energy market participants by surprise.

“While we acknowledge the near-term upside price risks, we reiterate our fundamentally derived Brent price trading range of $70-75 per barrel for the second quarter of 2019,” the U.S. investment bank said in a research note published Monday, Reuters reported.

The world’s largest economy said Monday that from May 1, it would eliminate all waivers allowing eight economies to buy Iranian oil without facing U.S. sanctions.

These eight economies that were initially allowed to continue buying Iranian crude without facing penalties include: China, India, Japan, Turkey, Italy, Greece, South Korea and Taiwan.


Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: sam meredith, raheb homavandi
Keywords: news, cnbc, companies, iranian, goldman, rally, waivers, sachs, tightening, worlds, oil, expecting, iran, despite, price, facing, crude, buying, upside, economies, sanctions


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US Treasury yields tick lower as investors await economic data, auctions

ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was lower at around 2.5776 percent, while the yield on the 30-year Treasury bond was also lower at 2.9824 percent. On the data front, the latest Philadelphia Fed nonmanufacturing survey and FHFA Housing Price Index for February will be published during early morning deals. New home sales for March and the Richmond Fed survey for April will both be released at around 10:00 a.m. Meanwhile, White House economic ad


ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was lower at around 2.5776 percent, while the yield on the 30-year Treasury bond was also lower at 2.9824 percent. On the data front, the latest Philadelphia Fed nonmanufacturing survey and FHFA Housing Price Index for February will be published during early morning deals. New home sales for March and the Richmond Fed survey for April will both be released at around 10:00 a.m. Meanwhile, White House economic ad
US Treasury yields tick lower as investors await economic data, auctions Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: sam meredith
Keywords: news, cnbc, companies, twoyear, fed, treasury, auctions, volatility, investors, price, tick, yield, lower, data, yields, economic, billion, survey, white, await


US Treasury yields tick lower as investors await economic data, auctions

At around 02:10 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was lower at around 2.5776 percent, while the yield on the 30-year Treasury bond was also lower at 2.9824 percent.

On the data front, the latest Philadelphia Fed nonmanufacturing survey and FHFA Housing Price Index for February will be published during early morning deals. New home sales for March and the Richmond Fed survey for April will both be released at around 10:00 a.m. ET.

The Federal Reserve Board will hold an open meeting Tuesday to discuss a proposal that would simplify and increase the transparency of its rules of determining control of a banking organization.

Meanwhile, White House economic advisor Larry Kudlow is scheduled to comment on the U.S. economy and recent market volatility at a National Press Club event.

The U.S. Treasury is set to auction $26 billion in 52-week bills and $40 billion in two-year notes on Tuesday.


Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: sam meredith
Keywords: news, cnbc, companies, twoyear, fed, treasury, auctions, volatility, investors, price, tick, yield, lower, data, yields, economic, billion, survey, white, await


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Dow futures edge higher after US ends all exemptions from Iran oil sanctions

U.S. stock index futures were slightly higher Tuesday morning, as market participants await a flurry of corporate earnings. ET, Dow futures rose by 23 points, indicating a positive open of more than 27 points. Oil prices jumped more than 2% in the previous session, hitting their highest level this year amid intensifying concern about global supplies. The world’s largest economy said Monday that from May 1, it would eliminate all waivers allowing eight economies to buy Iranian oil without facing


U.S. stock index futures were slightly higher Tuesday morning, as market participants await a flurry of corporate earnings. ET, Dow futures rose by 23 points, indicating a positive open of more than 27 points. Oil prices jumped more than 2% in the previous session, hitting their highest level this year amid intensifying concern about global supplies. The world’s largest economy said Monday that from May 1, it would eliminate all waivers allowing eight economies to buy Iranian oil without facing
Dow futures edge higher after US ends all exemptions from Iran oil sanctions Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: sam meredith
Keywords: news, cnbc, companies, waivers, ends, worlds, sanctions, points, traded, oil, futures, wti, morning, west, edge, dow, exemptions, higher, iran


Dow futures edge higher after US ends all exemptions from Iran oil sanctions

U.S. stock index futures were slightly higher Tuesday morning, as market participants await a flurry of corporate earnings.

At around 02:00 a.m. ET, Dow futures rose by 23 points, indicating a positive open of more than 27 points. Futures on the S&P and Nasdaq were both seen marginally higher.

Oil prices jumped more than 2% in the previous session, hitting their highest level this year amid intensifying concern about global supplies. It comes after the U.S. announced a further clampdown on Iran’s oil exports.

The world’s largest economy said Monday that from May 1, it would eliminate all waivers allowing eight economies to buy Iranian oil without facing U.S. sanctions.

International benchmark Brent crude traded at $74.40 Tuesday morning, up around 0.5%, while U.S. West Texas Intermediate (WTI) stood at $65.93, almost 0.6% higher.


Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: sam meredith
Keywords: news, cnbc, companies, waivers, ends, worlds, sanctions, points, traded, oil, futures, wti, morning, west, edge, dow, exemptions, higher, iran


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Here’s why China and India will remain defiant amid threat of US sanctions for Iranian oil imports

China and India are both unlikely to completely cut off Iranian crude imports, energy analysts have said, despite the imminent threat of U.S. sanctions. President Donald Trump’s administration announced Monday that buyers of Iranian oil must stop purchases by May 1 or face sanctions. “Iranian exports will not actually reach zero,” analysts at Eurasia Group said in a research note published Monday. “China, which imports approximately 500,000 bpd (barrels per day), will make considerable cuts in t


China and India are both unlikely to completely cut off Iranian crude imports, energy analysts have said, despite the imminent threat of U.S. sanctions. President Donald Trump’s administration announced Monday that buyers of Iranian oil must stop purchases by May 1 or face sanctions. “Iranian exports will not actually reach zero,” analysts at Eurasia Group said in a research note published Monday. “China, which imports approximately 500,000 bpd (barrels per day), will make considerable cuts in t
Here’s why China and India will remain defiant amid threat of US sanctions for Iranian oil imports Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: sam meredith, imaginechina, ap images, fred dufour, afp, getty images, vipin kumar, hindustan times via getty images
Keywords: news, cnbc, companies, wti, defiant, sanctions, india, china, zero, remain, buyers, analysts, iranian, crude, heres, oil, trade, threat, imports


Here's why China and India will remain defiant amid threat of US sanctions for Iranian oil imports

China and India are both unlikely to completely cut off Iranian crude imports, energy analysts have said, despite the imminent threat of U.S. sanctions.

President Donald Trump’s administration announced Monday that buyers of Iranian oil must stop purchases by May 1 or face sanctions.

The move, which took many market participants by surprise, ends six months of waivers which had allowed Iran’s eight biggest buyers of crude to continue to import limited volumes.

International benchmark Brent crude traded at $74.26 Tuesday afternoon, up around 0.3%, while U.S. West Texas Intermediate (WTI) stood at $65.93, almost 0.6% higher.

“Iranian exports will not actually reach zero,” analysts at Eurasia Group said in a research note published Monday.

“China, which imports approximately 500,000 bpd (barrels per day), will make considerable cuts in the near term. For Beijing, securing the trade agreement with the U.S. is the top priority, and China will not link Iran oil imports to the trade talks.”


Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: sam meredith, imaginechina, ap images, fred dufour, afp, getty images, vipin kumar, hindustan times via getty images
Keywords: news, cnbc, companies, wti, defiant, sanctions, india, china, zero, remain, buyers, analysts, iranian, crude, heres, oil, trade, threat, imports


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Iran oil sanctions: Strait of Hormuz in focus as oil prices rise

Iran has reportedly renewed its threat to close the Strait of Hormuz, the world’s busiest transit lane for seaborne oil shipments, prompting fears about the potential ramifications for oil prices and broader financial markets. President Donald Trump’s administration announced Monday that buyers of Iranian oil must stop purchases by May 1 or face sanctions. In response, Iran’s semi-official Fars News Agency quoted Revolutionary Guards General Alireza Tengseiri as saying that if Tehran was barred


Iran has reportedly renewed its threat to close the Strait of Hormuz, the world’s busiest transit lane for seaborne oil shipments, prompting fears about the potential ramifications for oil prices and broader financial markets. President Donald Trump’s administration announced Monday that buyers of Iranian oil must stop purchases by May 1 or face sanctions. In response, Iran’s semi-official Fars News Agency quoted Revolutionary Guards General Alireza Tengseiri as saying that if Tehran was barred
Iran oil sanctions: Strait of Hormuz in focus as oil prices rise Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: sam meredith, kaveh kazemi, getty images
Keywords: news, cnbc, companies, sanctions, iran, hormuz, rise, prices, view, focus, crude, irans, oil, response, seaborne, strait, waivers


Iran oil sanctions: Strait of Hormuz in focus as oil prices rise

Iran has reportedly renewed its threat to close the Strait of Hormuz, the world’s busiest transit lane for seaborne oil shipments, prompting fears about the potential ramifications for oil prices and broader financial markets.

President Donald Trump’s administration announced Monday that buyers of Iranian oil must stop purchases by May 1 or face sanctions.

The move, which took many market participants by surprise, ends six months of waivers which had allowed Iran’s eight biggest buyers of crude to continue to import limited volumes.

In response, Iran’s semi-official Fars News Agency quoted Revolutionary Guards General Alireza Tengseiri as saying that if Tehran was barred from using the Strait of Hormuz, they would “shut it down.”

Analysts at Barclays said in a research note published Monday that approximately 20% of all the sea-borne crude and condensates passes through the Strait of Hormuz.

“The short-term upside risk to prices is based on a) our view that Saudi Arabia’s response will likely be lower and slower compared to late last year and b) heightened risks of the closure of the Strait of Hormuz as a result of this action,” analysts at Barclays said.

The bank added that the Trump administration’s decision not to reissue waivers in May did not materially impact its view on longer-term prices.

International benchmark Brent crude traded at $74.17 Tuesday afternoon, up around 0.2%, while U.S. West Texas Intermediate (WTI) stood at $65.90, almost 0.6% higher.


Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: sam meredith, kaveh kazemi, getty images
Keywords: news, cnbc, companies, sanctions, iran, hormuz, rise, prices, view, focus, crude, irans, oil, response, seaborne, strait, waivers


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Here are the top risk events facing global oil markets

As global supply stocks lessen, oil industry experts are agreed that the crude market is becoming ever more sensitive to a sudden or unexpected disruption. However there appears to be little agreement on what the current biggest risk actually is. That means a global oversupply of crude is draining, bringing supply and demand into balance and putting the market at risk of flipping into shortage. Energy analysts tend to agree that intensifying risk indicators in the oil market is a cause for conce


As global supply stocks lessen, oil industry experts are agreed that the crude market is becoming ever more sensitive to a sudden or unexpected disruption. However there appears to be little agreement on what the current biggest risk actually is. That means a global oversupply of crude is draining, bringing supply and demand into balance and putting the market at risk of flipping into shortage. Energy analysts tend to agree that intensifying risk indicators in the oil market is a cause for conce
Here are the top risk events facing global oil markets Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-18  Authors: sam meredith, ali mohammadi bloomberg via getty images, abdullah doma, afp, getty images, oleg nikishin
Keywords: news, cnbc, companies, oil, analysts, supply, crude, markets, yearthe, global, risk, west, start, events, market, facing


Here are the top risk events facing global oil markets

As global supply stocks lessen, oil industry experts are agreed that the crude market is becoming ever more sensitive to a sudden or unexpected disruption. However there appears to be little agreement on what the current biggest risk actually is.

Oil prices have soared since the start of the year, supported by ongoing OPEC-led supply cuts, escalating fighting in Libya and U.S. sanctions on Iran and Venezuela.

International benchmark Brent crude and U.S. West Texas Intermediate crude have risen by approximately 30% and 40% respectively since the start of the year.

The primary reason for the run-up is simple: The market is tightening. That means a global oversupply of crude is draining, bringing supply and demand into balance and putting the market at risk of flipping into shortage.

Energy analysts tend to agree that intensifying risk indicators in the oil market is a cause for concern. CNBC rounds up what oil traders and analysts view as potentially the most disruptive event.


Company: cnbc, Activity: cnbc, Date: 2019-04-18  Authors: sam meredith, ali mohammadi bloomberg via getty images, abdullah doma, afp, getty images, oleg nikishin
Keywords: news, cnbc, companies, oil, analysts, supply, crude, markets, yearthe, global, risk, west, start, events, market, facing


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A ‘forecasting nightmare’: Volatile oil prices are virtually impossible to predict, analysts say

A flurry of intensifying risks in the energy market has made it “virtually impossible” to confidently forecast the price of oil, industry experts told CNBC on Thursday. But, alongside mounting concerns about the health of the global economy, surging U.S. crude inventories appears to have capped further gains. “There are economic and geopolitical developments to deal with and these can change almost on a daily basis,” Varga said. He described oil market conditions at present as a “forecasting nig


A flurry of intensifying risks in the energy market has made it “virtually impossible” to confidently forecast the price of oil, industry experts told CNBC on Thursday. But, alongside mounting concerns about the health of the global economy, surging U.S. crude inventories appears to have capped further gains. “There are economic and geopolitical developments to deal with and these can change almost on a daily basis,” Varga said. He described oil market conditions at present as a “forecasting nig
A ‘forecasting nightmare’: Volatile oil prices are virtually impossible to predict, analysts say Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-11  Authors: sam meredith, daniel acker, bloomberg, getty images
Keywords: news, cnbc, companies, wti, oil, forecasting, say, impossible, predict, virtually, market, start, varga, developments, nightmare, volatile, analysts, prices, west, crude


A 'forecasting nightmare': Volatile oil prices are virtually impossible to predict, analysts say

A flurry of intensifying risks in the energy market has made it “virtually impossible” to confidently forecast the price of oil, industry experts told CNBC on Thursday.

Oil prices have soared since the start of the year, due to a number of risk factors such as OPEC-led supply cuts, U.S. sanctions on oil exporters Iran and Venezuela and escalating fighting in Libya.

But, alongside mounting concerns about the health of the global economy, surging U.S. crude inventories appears to have capped further gains.

“There are so many uncertainties surrounding the oil market that it makes it virtually impossible to predict developments for the rest of the week let alone for months or a year ahead,” Tamas Varga, senior analyst at PVM Oil Associates, said in a research note published Thursday.

“There are economic and geopolitical developments to deal with and these can change almost on a daily basis,” Varga said. He described oil market conditions at present as a “forecasting nightmare.”

International benchmark Brent crude traded at around $71.15 Thursday afternoon, down 0.8%, while U.S. West Texas Intermediate (WTI) stood at $64.05, around 0.9% lower.

Brent and WTI crude futures have risen by approximately 30% and 40% respectively since the start of the year.


Company: cnbc, Activity: cnbc, Date: 2019-04-11  Authors: sam meredith, daniel acker, bloomberg, getty images
Keywords: news, cnbc, companies, wti, oil, forecasting, say, impossible, predict, virtually, market, start, varga, developments, nightmare, volatile, analysts, prices, west, crude


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European markets: Brexit, earnings in focus as mood turns cautious

The pan-European Euro Stoxx 600 index was around 0.1 percent higher in mid-morning trade with most sectors and bourses sitting around the flat-line. This after U.S. Trade Representative Robert Lighthizer on Monday proposed a list of European Union products on which to slap tariffs as retaliation for European aircraft subsidies, with Airbus down 1.9 percent in early deals. The U.S. is considering tariffs on about $11 billion of EU products ranging from aircraft parts to wine. The move comes as th


The pan-European Euro Stoxx 600 index was around 0.1 percent higher in mid-morning trade with most sectors and bourses sitting around the flat-line. This after U.S. Trade Representative Robert Lighthizer on Monday proposed a list of European Union products on which to slap tariffs as retaliation for European aircraft subsidies, with Airbus down 1.9 percent in early deals. The U.S. is considering tariffs on about $11 billion of EU products ranging from aircraft parts to wine. The move comes as th
European markets: Brexit, earnings in focus as mood turns cautious Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-09  Authors: david reid, sam meredith
Keywords: news, cnbc, companies, aircraft, list, turns, mood, products, focus, cautious, european, world, tariffs, brexit, trade, earnings, midmorning, subsidies, stocks, markets, organization


European markets: Brexit, earnings in focus as mood turns cautious

The pan-European Euro Stoxx 600 index was around 0.1 percent higher in mid-morning trade with most sectors and bourses sitting around the flat-line. This after U.S. Trade Representative Robert Lighthizer on Monday proposed a list of European Union products on which to slap tariffs as retaliation for European aircraft subsidies, with Airbus down 1.9 percent in early deals.

The U.S. is considering tariffs on about $11 billion of EU products ranging from aircraft parts to wine. The move comes as the President Donald Trump administration looks to retaliate against EU subsidies for Airbus, which the World Trade Organization ruled had “adverse effects” on America.

Other European-listed stocks such as Rolls-Royce, Thales, Dassault Systemes, BAE and Leonardo were seen as among the most exposed to Lighthizer’s threat and these firms fell lower on Tuesday morning.

Drink maker stocks also went on a wild ride with Remy Cointreau, Pernod Ricard and Davide Campari all suffering losses, although initial selling at the open was reversed to some degree by mid-morning. Other items on the U.S. list included some European-produced cheese, passenger helicopters, as well as certain types of motorcycles and ski suits.

The announcement comes shortly after a World Trade Organization ruling said the U.S. was guilty of illegal subsidies in production of Boeing aircraft.


Company: cnbc, Activity: cnbc, Date: 2019-04-09  Authors: david reid, sam meredith
Keywords: news, cnbc, companies, aircraft, list, turns, mood, products, focus, cautious, european, world, tariffs, brexit, trade, earnings, midmorning, subsidies, stocks, markets, organization


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