News of New York

Ford Motor has given up on expanding its business to the Indian market
4 January 2021
2935
Abandonment of plans Ford Motor has abandoned its plans to expand its presence on the Indian market. The American concern will not create a joint venture (JV) with local giant Mahindra Mahindra, whic...
European market grew up by AstraZeneca's vaccine approval
31 December 2020
3377
Vaccine approval has impacted on stock rally The European stock market rallied on Wednesday as Britain approved a COVID-19 vaccine developed jointly by AstraZeneca (LON:AZN) and Oxford University, while bets on addition...
Nikkei down but up for the year
30 December 2020
3400
Index rises on year-end Japan's Nikkei index ended the last trading session of the year in a decline, having retreated from more than 30-year peak reached the day before due to profit taking. At the same time, the index was up for the second time in...
U.S. stock market ended year higher
30 December 2020
3209
Ending the year with growth The US stock market ends 2020 on an upswing despite the COVID-19 pandemic. The Standard Poor's 500 Index jumped 66% from this year's low in March, the early days of the pandemic. Leading the gains were shares of Tesla (N...
APAC stock markets rise after America's 2021 budget signing
28 December 2020
3222
APAC stocks Asia-Pacific (APAC) stock indexes are mostly higher in trading on Monday after US President Donald Trump signed the country's $2.3 trillion fiscal year 2021 budget, which includes a $900 billion pandemic economic support package. At the...
Weak rise in the S&P 500 Index
24 December 2020
3175
Stock indices US stock indices S&P 500 and Dow Jones rose on Wednesday thanks to better-than-expected US jobless claims data and expectations of new stimulus. Cyclical stocks, which have been hit hardest by the coronavirus restriction...
Billionaires who became the most successful in a pandemic year
17 December 2020
3419
Billionaire capital Chinese, American and French billionaires were the most successful in a pandemic year. "The total wealth of Chinese billionaires has grown by 60%, or $750 billion, over the year. The fortu...
Hyundai unveils HTWO brand of hydrogen cars
14 December 2020
3066
New version of the strategy Hyundai shared a news version of its automotive business strategy at an investment forum last Thursday. According to it, electric vehicles, fuel cell powertrains and autonomous driving systems are the news ...
The Asian market is declining due to the pandemic
8 December 2020
3072
Asian stock market The Asia-Pacific stock indices were traded mixed on Tuesday morning after the key US stock indices on Monday interrupted a profitable four-day session. The indices of Japan, South Korea and Hong Kong fell in the morning session, ...
The U.S. equity market closed with growth
5 December 2020
3476
The stock market closed on the plus side The US stock market concluded trading on Friday with growth due to the strengthening of the oil and gas, commodities and industry sectors. At closing time on the New York Stock Exchange, Dow Jones rose 0.64%...
The S&P 500 and Nasdaq US indices ended the week with record results
30 November 2020
3213
Stock market on Friday The US stock market concluded trading on Friday in the green zone amid ubiquitous growth in technology and healthcare stocks, which pushed the S&P 500 and Nasdaq Composite indices to new closing records. Standard Poor's 5...
The luxury market has prepared for its first fall in 10 years
19 November 2020
3129
The first market decline in 10 years The global market for the personal suite category (clothing, footwear, watches and accessories) will decrease by 23% to EUR 217 billion this year. Such a forecast is given by the experts of&nb...
U.S. stock indices declined
18 November 2020
3458
The stock market declined US retail sales in October increased by 0.3 percent compared to the previous month. The rate of increase was the lowest in the last six months. Chairman of the Federal Reserve Bank (FRB) Atlanta Raphael Bostic said: "...
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