#bworld

"The beauty of the world lies in the diversity of its people."

Samsung, Ericsson Increase Network Gear Market Share

Ericsson increased its mobile networks market share during the second quarter, while Samsung Electronics ranked into the fourth place, according to the data from research firm Dell’Oro.

Ericsson, which is the second largest maker of radio access network (RAN) gear, as well as Samsung benefited from the increasing US demand as China’s ZTE slipped into the fifth place following US sanctions in…

8 Most Diversified US Companies in the Stock Market

Many professionals in the trading industry find diversification to be a vital component of an investment portfolio. In fact, most of them agree that even though the technique does not give absolute reassurance against loss, diversification is a key factor in meeting long-term goals while reducing risk.

That is why it is important to have a variety of investments in stocks, bonds, as well as…

Dollar Ends 5-day Losing Streak

The dollar ended its five-day losing streak on Thursday and the euro dropped on Thursday as the greenback was buoyed by political uncertainty, a new round of trade tariff talks, and the Federal Reserve’s most recent policy meeting minutes, which pointed to a September rate rise.

Even if the minutes were just what has been expected and was primarily taken as dovish by the market, analysts…

Oil Prices Higher on Low US Crude Inventories

Oil prices increased on Wednesday on a slip in US crude inventories and a weaker dollar, while concerns about a potential shortfall in Iranian supply from November due to US sanctions also propped up prices.

Brent crude oil futures were at $72.90 per barrel, higher 27 cents, or 0.37 percent, from their last close.

US West Texas Intermediate (WTI) crude futures were higher 27 cents, or 0.41…

Cheaper Cars from Tesla in 3 Years, says Musk

Tesla chief executive officer Elon Musk indicated that the automaker could take around three years to come up with a low-cost version of a car, even he also admitted that such a goal would be “really tough” to do on the backdrop of the sector’s economics and competition.

In the midst of the recent turmoil surrounding Musk’s stated goal to take Tesla private, the CEO sat down and participated in…

Tencent Shares Plunge Further on Lackluster Profit Report

Shares in China’s Tencent Holdings have lost even further on Thursday after it reported its first quarterly profit decline in almost 13 years and said that it did not know when it would get Chinese approval to make money off of its most popular game.

The lackluster earnings results have underscored the impact of a ban on a freeze on new China approvals for the gaming industry since March because…