SATS is currently forming a bollinger squeeze and trading between a range of 2.55 to 2.65. There is no bearish or bullish signals seen yet. Using imagination, it is also forming a sausage dog chart pattern, never before seen…
Read More...
BBC News – Business- Harry and Meghan: Hagan Homes apologises over housing adsHagan Homes says its homes "fit for part-time royalty" campaign was intended to be "light-hearted".
- Brexit: US 'wants to reach trade deal with UK this year'The US's treasury secretary says he is "optimistic" a deal can be reached with the UK this year.
- Fraud victims 'failed' as criminals 'operate with impunity' - reportA review into the handling of fraud cases finds forces have "not kept pace" with the rise in cases.
- Home sellers risk losing money over quick salesTrading Standards warns homeowners to be careful when using quick-sale estate agents.
- Davos 2020: Quarrels, but little consensusThe World Economic Forum at Davos produced rows over climate change and trade, but little consensus.
- 'Beales failure would be disaster for my business'Ian Siddall says the troubled department store owes him £25,000 for thousands of handbags.
- Boeing: US regulator FAA 'pleased' with 737 progressThe plane has been grounded since March 2019 after two fatal crashes.
- Flybe owners seek £100m government loanThe company confirmed last week that it was seeking a loan on "commercial" terms.
- Wetherspoons: Pub chain tells parents to stick to two drinksThe pub chain says it wants to deter "unruly behaviour" in pubs by children left unsupervised.
- Just Eat merger probe 'shocking and unwarranted'A key investor reacts angrily to news of a competition inquiry into the planned £5.9bn deal.
- Harry and Meghan: Hagan Homes apologises over housing ads
- Reuters: Business News
- Starbucks shuts shops, suspends delivery in China's Hubei amid virus outbreakStarbucks has closed all shops and suspended delivery services in China's Hubei province for the week-long Lunar New Year holiday, where a coronavirus outbreak originated from its capital Wuhan has caused 41 deaths in China.
- Trump speaks with British PM Johnson about telecoms security: White HouseU.S. President Donald Trump on Friday discussed the security of telecommunications networks with British Prime Minister Boris Johnson, the White House said, as Britain nears a decision on Huawei's role in the country's future 5G network.
- Fiat Chrysler asks U.S. court to toss out GM racketeering claims: filingFiat Chrysler Automobiles NV on Friday urged a federal judge to throw out a General Motors Co's lawsuit accusing Fiat Chrysler of racketeering and bribing officials of the United Auto Workers union to put GM at a multibillion dollar labor cost disadvantage.
- New U.S. curb on Huawei in limbo amid pushback from Pentagon: sourcesThe U.S. Commerce Department has withdrawn a rule aimed at further reducing sales to China's Huawei Technologies amid concerns from the Defense Department the move would harm U.S. businesses, people familiar with the matter said.
- Wall Street Week Ahead: Hopes are high for tech stock 'Cadillacs'; so are their pricesWall Street is betting that the most popular U.S. technology and internet stocks can keep outshining the broader equities market but their latest rally leaves little room for error this earnings season.
- Financier doubts add to Boeing's MAX headachesTo restore faith in the 737 MAX, Boeing needs to prove its flagship jet is not just airworthy but also a safe investment.
- FAA tells U.S. airlines it could approve MAX return to service before mid-year -sourcesFederal Aviation Administrator Steve Dickson called senior U.S. airline officials on Friday and told them the agency could approve the grounded Boeing 737 MAX's return to service before mid-year - a faster time frame than the planemaker suggested this week, people briefed on the calls said.
- Former top U.S. general Dunford joining Lockheed Martin's boardThe former top U.S. military official, General Joseph Dunford, has been elected to the board of Lockheed Martin Corp , the Pentagon's largest weapons supplier, the company said on Friday.
- Explainer: Bezos allegations put phone hacking technology in the spotlightAllegations that Amazon.com boss and Washington Post owner Jeff Bezos had his phone hacked by Saudi Crown Prince Mohammed bin Salman have put a spotlight on the security of smartphones and the secretive tools used to hack them.
- U.S. Justice Dept. plans to hold meeting to discuss tech industry liability: sourcesThe U.S. Justice Department is planning to hold a conference to discuss the future of a federal law which largely exempts online platforms from legal liability for the material their users post, sources familiar with the plans said on Friday.
- Starbucks shuts shops, suspends delivery in China's Hubei amid virus outbreak