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U.S. mortgage requests hit two-month peak last week

Economy Wednesday March 20, 2019 | 19 minutes ago
US new home
U.S. mortgage applications for buying or refinancing a home climbed to a two-month high last week, as home borrowing costs fell to their lowest in over a year, data from the Mortgage Bankers Association showed.

PfizerPfizer buys stake in French gene therapy firm Vivet
Companies
March 20, 2019 32 minutes ago

US new homeHome sales in 54-market US report have declined
Economy
Wednesday March 20, 2019


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BUSINESS

equipment manufacturers
 
Tariffs hurt U.S. equipment manufacturers and delay investments
Wednesday March 20, 2019
Tariffs were driving up the cost of production, delaying capital investments, and impeding job creation for U.S. equipment manufacturers, the Association of Equipment Manufacturers (AEM) said.
 
 
al Maktoum
 
Eleven Arab states, including the United Arab Emirates (UAE), on Tuesday set up the first Arab space organization, whose first project will be developing a satellite to monitor environmental and climate changes.
 
 
Beilun II bridge
 
China and Vietnam officially opened a new cross-border bridge on Tuesday linking the city of Dongxing in China and the city of Mong Cai in Vietnam.
 
 

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POLITICS

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COMPANIES

Inmarsat
 
Inmarsat in $3.3 billion cash acquisition talks, shares jump
Wednesday March 20, 2019
Inmarsat shares jumped 17 percent on Wednesday after the British satellite operator said it was in talks about a $3.3 billion cash offer from a private equity-led consortium, opening up the possibility of a bidding war.
 
 
 

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ECONOMY

SwitzerlandSwitzerland posts largest trade surplus in 3 months
Wednesday March 20, 2019 8:14AM ET
 
 
 

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CAREERS

  • Gibraltar Industries appoints Pat Burns as COO
    Buffalo, N.Y., USA | Tuesday March 19, 2019 5:51AM ET
    Gibraltar Industries
     
    Gibraltar Industries, a manufacturer and distributor of building products, announced the appointment of Pat Burns as chief operating officer.
  • Franklin Resources appoints Matthew Nicholls as CFO
    San Mateo, Ca., USA | Tuesday March 19, 2019 5:33AM ET
    Franklin Resources
     
    Franklin Resources, an investment firm, announced the appointment of Matthew Nicholls as executive vice president and chief financial officer, effective May 6, 2019.
  • WSFS Bank promotes Jim Wechsler to senior vice president
    Wilmington, De., USA | Tuesday March 19, 2019 5:15AM ET
    Jim Wechsler
     
    Jim Wechsler of WSFS Bank, the primary subsidiary of WSFS Financial Corporation, has been promoted to senior vice president of corporate development.

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EARNINGS

FedEx posts weaker financial results, citing global trade weakness
Wednesday March 20, 2019 7:15AM ET
FedEx planeFedEx reported quarterly financial results that were below expectations, saying that a weakness in global trade took a toll on its revenue growth.

  • Wood Group confident as it returns to growth with operating profit increased 68 percent
  • Elbit Systems Q4 non-GAAP gross profit amounted to $306.7 million
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    QUOTE OF THE MOMENT

    Peter Drucker"Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you've got."

    Peter Drucker


     
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    Travel

    Singapore   The robot also let the visitors to zoom in on artefacts they are interested in

    Singapore to launch remotely-controlled robot to enable seniors to "visit" museums

    Sun Yat Sen Nanyang Memorial HallWednesday March 20, 2019 7:54AM ET

    Seniors with difficulties to move around will soon be able to "visit" three heritage institutions with the help of a mobile telepresence robot, the National Heritage Board of Singapore announced.
    More from Travel

    Design

    Iconic lounge chairs, a piece of museum in your home
    Saturday March 9, 2019 12:23PM ET
    Lounge chairsInterior   Some lounge chairs belong to a museums and with a reason
    Like functional art, iconic lounge chairs are equally about relaxation as they are about a sculptural artistic forms and shapes.

    Health

    Fountain of youth for heart health may lie in the gut
    Wednesday March 20, 2019 7:39AM ET
    Young miceMedicine   The young mice saw no change in vascular health
    Why do blood vessels naturally stiffen and degrade as we age, boosting cardiovascular disease risk?

    Sea, Land, Air

    New Hallberg-Rassy 44 brings improvements for comfortable cruising
    Thursday March 14, 2019 9:03AM ET
    Hallberg-Rassy 44Yacht   She has been an instant commercial success with orders from all over the world
    The all-new Hallberg-Rassy 44 combines the best Hallberg-Rassy stands for spiced with contemporary improvements for fast and comfortable cruising.

    Gadgets

    Ruark Audio R7 Mk3, unusual but bespoke sound system
    Friday March 15, 2019 10:19AM ET
    Ruark Audio R7 Mk3Sound   A modern work of art, R7 Mk3 is the realisation of Ruark dream
    Ruark Audio R7 Mk3 is a wonderful ground-breaking sound system that will satisfy music lovers and design aficionados alike.

    Meantime

    Carbon monoxide detectors could warn of extraterrestrial life
    Wednesday March 20, 2019 7:37AM ET
    Proxima CentauriExtraterrestrial life   Celestial carbon monoxide detectors may alert us to a distant world teeming with
    Carbon monoxide detectors in our homes warn of a dangerous buildup of that colorless, odorless gas we normally associate with death.