2020 – Page 1861

Bristol-Myers earnings rise due to Celgene deal

February 6, 2020 admin Comments Off

Bristol-Myers Squibb Co said on Thursday its operating profit rose by around a third from a year ago because fourth-quarter results included some revenue from Celgene, which the U.S. drugmaker bought in a $74 billion deal that closed in late November. Bristol-Myers said on an operating basis it earned $1.22 a share on $7.95 billion of revenue in the quarter. The results included Celgene revenue beginning Nov. 20. …read more […]

What does Britain want from trade deal with United States?

February 6, 2020 admin Comments Off

British trade minister Liz Truss on Thursday set out the country’s priorities for a post-Brexit trade deal with the United States.

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UAE says Emirates pilots did not monitor settings in 2016 crash

February 6, 2020 admin Comments Off

Pilots of an Emirates passenger jet that crashed in 2016 while attempting to abort a landing in Dubai failed to notice that the Boeing 777’s engine thrust settings remained too low and cut short a procedure, investigators said on Thursday. All 300 passengers and crew were safely evacuated but a firefighter died tackling flames after the Boeing 777-300, arriving from India, caught fire after skidding along the Dubai airport runway on its fuselage in August 2016. The Federal Aviation Authority said pilots of flight EK521 tried to abort the landing after the plane’s main wheels had already touched …read more […]

Total beats quarterly forecasts despite low oil price, raises payout

February 6, 2020 admin Comments Off

Total beat forecasts on Thursday by keeping net adjusted fourth-quarter profit steady at $3.2 billion despite low oil prices and fulfilled a pledge to boost dividends, lifting the French energy firm’s shares.

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Google Maps seeks business, transit reviews in new look as it turns 15

February 6, 2020 admin Comments Off

Alphabet Inc’s Google Maps on Thursday launched a redesign that prominently solicits users’ reviews and photos of places they visit, seeking to grow its data in a field led by local search apps such as Zomato, TripAdvisor and Yelp.

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EU trade chief Hogan returns to Washington as auto tariffs loom

February 6, 2020 admin Comments Off

European Trade Commissioner Phil Hogan returned to Washington on Thursday for talks with U.S. counterpart Robert Lighthizer designed to improve transatlantic ties as the threat of auto tariffs looms.

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We got 3 pieces of good news about the U.S. economy on Wednesday: Morning Brief

February 6, 2020 admin Comments Off

Top news and what to watch in the markets on Thursday, February 6, 2020. …read more […]

Honda may keep Wuhan plants closed longer due to outbreak: Nikkei

February 6, 2020 admin Comments Off

Honda Motor Co is considering keeping operations suspended for longer than planned at its three plants in the Chinese city at the center of the new coronavirus outbreak, the Nikkei newspaper reported on Thursday.

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UK seeks big tariff reductions in U.S. trade deal

February 6, 2020 admin Comments Off

Britain is seeking far-reaching reductions in tariffs from a trade deal with the United States, trade minister Liz Truss said on Thursday, setting out the broad aims of her post-Brexit push to secure new free trade agreements.

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Oil rises for a second day as OPEC+ weighs coronavirus action

February 6, 2020 admin Comments Off

Oil futures rose for a second day on Thursday boosted by potential OPEC+ action to counter oil demand loss from the coronavirus outbreak and by optimism that trade tensions between the world’s two biggest economies were easing.

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Read This Before You Buy Twitter, Inc. (NYSE:TWTR) Because Of Its P/E Ratio

February 6, 2020 admin Comments Off

Today, we’ll introduce the concept of the P/E ratio for those who are learning about investing. We’ll look at Twitter… …read more […]

Exclusive: China’s mobile giants to take on Google’s Play store – sources

February 6, 2020 admin Comments Off

China’s Xiaomi, Huawei Technologies, Oppo and Vivo are joining forces to create a platform for developers outside China to upload apps onto all of their app stores simultaneously, in a move analysts say is meant to challenge the dominance of Google’s Play store.

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Payments in high-value deals not a bribe, Mahathir says about AirAsia probe

February 6, 2020 admin Comments Off

Malaysian Prime Minister Mahathir Mohamad said on Thursday payments received to offset the costs of a high-value order could not be constituted as a bribe.

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Snap vs Facebook: Which Social Media Stock is the Better Buy?

February 6, 2020 admin Comments Off

Back in 2013, Snap CEO Evan Spiegel resisted Facebook’s offer to buy the company behind the successful Snapchat app. The rejection caused a stir at the time, but in hindsight, it appears the correct decision was made. Snap has since gone public and has a market cap of $23 billion, which is far bigger than the $3 billion offered at the time by Zuckerberg’s all-encompassing social media behemoth.Facebook, though, had just bought Instagram, and a year later would add WhatsApp to its ever-expanding universe. So, things have gone pretty well for both since, leaving everyone “liking” the way things have …read more […]

Drugmaker Sanofi expects further profit growth from narrowed focus

February 6, 2020 admin Comments Off

French drugmaker Sanofi on Thursday forecast further profit growth for 2020 even as it drops some research in areas such as diabetes in a shake-up to narrow its focus on blockbuster treatments including eczema medicine Dupixent.

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