Month: December 2019

Nassim Nicholas Taleb, author of the bestsellers “The Black Swan” and “Fooled By Randomness,” is optimistic about cryptocurrencies. “You cannot ignore the cryptocurrencies, particularly the bitcoin story and blockchain,” Taleb said at Times Networks’ India Economic Conclave on Tuesday.The post Bitcoin is ‘winning;’ currency without government is ‘great,’ says Nassim Taleb appeared first on The Block. …read more […]

The most you can lose on any stock (assuming you don’t use leverage) is 100% of your money. But in contrast you can… …read more […]

It is a pleasure to report that the BerGenBio ASA (OB:BGBIO) is up 55% in the last quarter. But that is minimal… …read more […]

The mine boasts one of the world’s richest deposits of rare earths, crucial components of everything from iPhones to weapons systems. Hints this year by China that it could cut off rare earths exports to the United States as a trade war raged between the two countries sparked a U.S. scramble for new supplies – and sent Lynas shares soaring. As the only non-Chinese company thriving in the rare earths sector, Lynas shares have gained 53% this year. …read more […]

European indexes fell in early trading Tuesday following a rally on Wall Street spurred by strong Chinese economic data that sent the major indexes to record highs and carried into Asian markets. Markets got a big boost in confidence after the U.S. and China announced a long-awaited “Phase 1″ trade deal. In return, China promised to ramp up its purchases of U.S. agricultural, energy and other goods and to stop forcing U.S. companies to turn over technology as a condition of doing business in that country. …read more […]

Teachers, doctors, lawyers and workers at the Eiffel Tower — people from across the French workforce walked off the job Tuesday to resist a higher retirement age, and to preserve a welfare system they fear their business-friendly president wants to dismantle. Commuters and tourists faced a 13th straight day of traffic headaches as train drivers kept up their strike against President Emmanuel Macron’s overhaul of a pension system that allows them to retire as early as their 50s. Hospitals requisitioned workers to ensure key services Tuesday, as nurses, doctors and pharmacists went on strike to save a once-vaunted …read more […]

Dec.17 — In Paris, PSA Group directors are meeting to review the terms of the carmaker’s proposed merger with Fiat Chrysler Automobiles NV. Bloomberg’s Caroline Connan reports on “Bloomberg Markets: European Open.” (Adds full company names in headline and description.) …read more […]

Shares in European aerospace group Airbus rose on Tuesday, after archrival Boeing said it would suspend production of its best-selling 737 MAX jetliner in January. Airbus shares were up 1.6% in early trading while those in French aerospace company Safran, a supplier to Boeing, were down 2.1%. On Monday, Boeing said it would suspend production of its best-selling 737 MAX jetliner in January, as the fallout from two fatal crashes of the grounded aircraft drags on into 2020. …read more […]