Asian stocks edged up on Monday, catching some of Wall Street’s momentum after surprisingly strong U.S. jobs data, although regional gains were capped by concerns about China’s economic slowdown due to the prolonged Sino-U.S. trade war. Japan’s benchmark Nikkei added 0.33% while MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.27%. …read more […]
(Bloomberg Opinion) — Soccer’s global body FIFA is looking for money and commercial acumen. The private equity industry thinks it might be a solution. Like Chelsea’s Frank Lampard and Liverpool’s Steven Gerrard when they used to play together for England, it’s not obvious the pair are made for each other.FIFA’s strategic goal is to take the beautiful game to new audiences in new regions. That process is already well underway without the organization’s help. Chinese clubs are bidding absurd prices for Western stars, and soccer has an established foothold in the U.S. Meanwhile, India is emerging as the hot new …read more […]
France’s Sanofi said on Monday it had agreed to buy Synthorx in a cash deal worth around $2.5 billion as it seeks to beef up its immuno-oncology pipeline. Under the terms of the merger agreement, Sanofi has offered to buy all of the outstanding shares of Synthorx common stock for $68 per share in cash. “This acquisition …is aligned with our goal to build our oncology franchise with potentially practice-changing medicines and novel combinations,” Sanofi CEO Paul Hudson said in a statement. …read more […]
France’s Sanofi said on Monday it had agreed to buy Synthorx in a cash deal worth around $2.5 billion as it seeks to beef up its immuno-oncology pipeline.
Asian stocks edged up on Monday, catching some of Wall Street’s momentum after surprisingly strong U.S. jobs data although regional gains were capped by concerns about China’s economic slowdown due to the prolonged Sino-U.S. trade war.
Q4 2019 Star Group LP Earnings Call …read more […]
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We’ll look at Hamburger… …read more […]
A new analysis of where “innovation” jobs are being created in the United States paints a stark portrait of a divided economy where the industries seen as key to future growth cluster in a narrowing set of places.
Our annual winners sharply outperform the market the year after we choose them. …read more […]
Target is Yahoo Finance’s 2019 Company of the Year. Yahoo Finance Editor-at-Large Brian Sozzi sat down with Target CEO Brian Cornell. …read more […]
(Bloomberg) — The latest bond failure by a Chinese local government investment arm has rekindled concerns about a group of borrowers whose outlook is closely tied to Beijing’s shifting definition of its implicit backing.The debt woes faced by Hohhot Economic & Technological Development Zone Investment Development Group, a local government financing vehicle from Inner Mongolia, have sent chills among investors holding other such LGFV bonds, driving prices sharply lower for some.The development also came just as onshore corporate bond defaults in China rose to a record high this year as the worst economic slowdown in three decades constrains Beijing’s ability …read more […]
Commodity brokerage INTL FCStone on Monday projected this year’s Australian wheat production to come in 5.6% lower than official estimates, as a crippling drought in the country’s east shows no signs of easing. The company forecast Australian wheat production for the 2019-20 season at 14.97 million tonnes, below the country’s latest official estimate of 15.85 million tonnes. Australia’s chief commodity forecaster last week cut its production forecast by nearly 20% for the year through June 2020 as an unrelenting drought will likely see output fall to an 11-year low. …read more […]
Dec.08 — Jake Robson, partner at Morrison & Foerster, discusses his IPO outlook for 2020 in Southeast Asia and what he’s seeing in M&A. He speaks on “Bloomberg Markets: Asia.” …read more […]
Asian stocks edged up on Monday, catching some of Wall Street’s momentum after surprisingly strong U.S. jobs data although regional gains were capped by concerns about China’s economic slowdown due to the prolonged Sino-U.S. trade war.
Bin Mo is the CEO of Country Garden Holdings Company Limited (HKG:2007). This analysis aims first to contrast CEO… …read more […]
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