Category: Trucking News

UPDATE 3-'So many dead': Survivors describe terrifying Burkina Faso ambush

A mine worker shot during an ambush on a mining convoy in Burkina Faso said on Friday he was one of only three survivors from a bus with up to 80 people aboard, suggesting the death toll may be much higher than officially reported. Abel Kabore, 35, described the attackers, some speaking a foreign language and shouting "Allahu Akbar" - Arabic for "God is great" - raking three buses with bullets after a security vehicle escorting the convoy hit a landmine....

GRAPHIC-Which markets did best from Berlin Wall's collapse? Wall St and the BRICs, of course

The toppling of the Berlin Wall made free market economics the norm across Europe - but which financial markets have done the best since then? While the events of 1989 redefined Europe's boundaries, they also ushered in almost two decades of powerful economic liberalisation and globalisation that took in China, India and Latin America - a wave that is only now cresting. Also at work is a 30-year drop in global borrowing costs as inflation has been beaten back - even amid a boom for commodity producers, whose resources China has gobbled up....

Morgan Stanley: GoPro Setting A High Bar For Q4

GoPro's third-quarter report was mostly in-line with management's pre-announcement, but its updated full-year guidance implies a "high bar" is set for the fourth quarter, Woodring said in a Friday note. The math behind the 2019 guidance implies that 46% of total revenue will come in the holiday season quarter, which is the highest fourth-quarter mix in company history, the analyst said. First, the holiday season is six days shorter year-over-year, and forecasting consumer demand is never an easy task....