The big uptick in stock market gyrations this year has made a surprise winner out of a trade that has rarely delivered a win – buying and holding volatility. Stock market ructions over the last decade have been few and fleeting, requiring great feats of timing to generate profits from volatility buying. Not so this […] Read more

Google will invest $1 billion in a new campus in New York City, the company announced on Monday. The new 1.7 million square foot “Google Hudson Square” campus will include two buildings located at 315 and 345 Hudson Street and an office space situated at nearby 550 Washington Street in Manhattan, Google said in a […] Read more

European shares opened higher on Tuesday as a fresh whiff of optimism over the Sino-U.S. trade dispute lifted sentiment after a burst of political risk and worries about global growth hit world markets during the previous session. The Euro zone STOXXE <.STOXXE> index was up 0.7 percent at 0838 GMT with Germany’s DAX <.GDAXI>, the […] Read more

SEOUL (Reuters) – Samsung Electronics Co Ltd (005930.KS) said on Friday it would cancel 4.9 trillion won ($4.4 billion) worth of its shares. Expected to be complete on Dec. 4, the cancellation was the second stage of its previously announced plan to cancel all of its treasury shares in two stages to enhance shareholder value. […] Read more

(Reuters) – United Technologies Corp (UTX.N) said on Monday it would separate into three companies consisting of its aerospace, elevators and building divisions, making it the latest industrial conglomerate to pursue such a break-up. The decision follows the completion this month of United Technologies’ $30 billion acquisition of avionics maker Rockwell Collins, which gave enough […] Read more

Reversing all its opening losses, Jet Airways made a sharp comeback in the morning trade on Friday, as shares surged over 11 per cent to Rs 356.60 apiece on BSE. In the opening deals, the stock tanked nearly 7 per cent to hit a low of Rs 299.75 apiece. Shares of Jet Airways on Thursday […] Read more

(Reuters) – Tesla Inc has started taking orders for its Model 3 sedan in China for a deposit of 8,000 yuan ($1,153.60), according to the electric carmaker’s China website www.tesla.cn/model3/reserve. Chief Executive Officer Elon Musk said, “Probably some deliveries in March, but April is more certain”, after a Twitter user asked when the deliveries in […] Read more

(Reuters) – Worries about how fast the computing world will transition to Nvidia Corp’s (NVDA.O) next generation “Turing” graphic chips helped knock 20 percent off the value of its shares on Friday, after results pointed to a huge glut of unsold older generation chips. The world’s biggest maker of graphics cards for computer gaming pinned […] Read more

Lion Air flight JT610 crashed into the sea off of Indonesia’s northern coast in October, likely causing the deaths of all 189 people on board. A rescue diver also died in the salvage operation after the crash. Black box investigations into the incident by Indonesian authorities have indicated that the flight “experienced erroneous input from one of its AoA […] Read more

The company announced it will split its second headquarters project, which it calls HQ2, in two. The winning locations — the Long Island City neighborhood of Queens, New York, and the National Landing area of Arlington, Virginia — will each get roughly half of the 50,000 employees promised, and a portion of the investment. The […] Read more