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HomeBusiness News

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Business News

Stocks stutter as attention turns to trade deadline, central bank meetings

December 9, 2019 admin Comments Off on Stocks stutter as attention turns to trade deadline, central bank meetings

European stocks fell on Monday as worries about a Chinese economic slowdown and the U.S.-China trade war outweighed Friday’s strong U.S. jobs data, in a quiet start to trading before several big events later in the week.

…read more […]

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Business News

France’s Sanofi to buy biotech firm Synthorx for $2.5 billion

December 9, 2019 admin Comments Off on France’s Sanofi to buy biotech firm Synthorx for $2.5 billion

Sanofi said on Monday it had agreed to buy California-headquartered biotechnology firm Synthorx in a cash deal worth about $2.5 billion aimed at beefing up the French drugmaker’s pipeline of drugs for cancer and auto-immune disorders.

…read more […]

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Business News

Oil prices slip as weak China exports highlight trade war impact

December 9, 2019 admin Comments Off on Oil prices slip as weak China exports highlight trade war impact

Oil prices fell on Monday after data showed that Chinese exports declined for a fourth straight month, sending shivers through a market already concerned about damage being done to global demand by the Sino-U.S. trade war.

…read more […]

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Business News

Asian shares buoyed by strong U.S. job data, China worry caps gains

December 9, 2019 admin Comments Off on Asian shares buoyed by strong U.S. job data, China worry caps gains

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.

…read more […]

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Business News

France’s Sanofi to buy Synthorx for $2.5 billion

December 9, 2019 admin Comments Off on France’s Sanofi to buy Synthorx for $2.5 billion

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.

…read more […]

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Business News

Asian shares buoyed by Wall Street rally, but China worry caps gains

December 9, 2019 admin Comments Off on Asian shares buoyed by Wall Street rally, but China worry caps gains

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.

…read more […]

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Business News

Jobs of the future are clustering in a handful of U.S. cities, study finds

December 9, 2019 admin Comments Off on Jobs of the future are clustering in a handful of U.S. cities, study finds

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.

…read more […]

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Business News

Asian shares buoyed by Wall St rally, but China worry caps gains

December 9, 2019 admin Comments Off on Asian shares buoyed by Wall St rally, but China worry caps gains

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.

…read more […]

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Business News

House Democrats, USTR nearing deal to pass modified USMCA agreement: WSJ

December 9, 2019 admin Comments Off on House Democrats, USTR nearing deal to pass modified USMCA agreement: WSJ

House Democrats and U.S. Trade Representative Robert Lighthizer are nearing a deal to pass a revised version of the United States-Mexico-Canada Agreement, the Wall Street Journal reported late on Sunday, citing people familiar with the matter.

…read more […]

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Business News

Oil prices slip as weak China exports highlights trade war impact

December 9, 2019 admin Comments Off on Oil prices slip as weak China exports highlights trade war impact

Oil prices fell on Monday after data showing China’s overall exports of goods and services shrank for a fourth straight month, sending shivers through a market already concerned about damage being down to global demand by the Sino-U.S. trade war.

…read more […]

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Business News

Skechers’ ‘cool’ value gives it room to run like Nike: Barron’s

December 9, 2019 admin Comments Off on Skechers’ ‘cool’ value gives it room to run like Nike: Barron’s

Shoemaker Skechers USA Inc is expected to post earnings growth on pace with Nike Inc over the next three years, giving its relatively low valuation a chance of catching up, financial newspaper Barron’s reported in its Dec. 7 edition.

…read more […]

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Business News

Asian stocks pulled higher by Wall Street jobs rally but China caution prevails

December 9, 2019 admin Comments Off on Asian stocks pulled higher by Wall Street jobs rally but China caution prevails

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 economy due to the prolonged Sino-U.S. trade war.

…read more […]

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Business News

Oil prices stumble on weak China exports hangover

December 9, 2019 admin Comments Off on Oil prices stumble on weak China exports hangover

Oil prices fell on Monday after data showing China’s overall exports of goods and services shrank for a fourth straight month, sending shivers through a market already concerned about damage being down to global demand by the Sino-U.S. trade war.

…read more […]

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Business News

Mexico accepts U.S. steel demand in USMCA trade deal, but with conditions

December 9, 2019 admin Comments Off on Mexico accepts U.S. steel demand in USMCA trade deal, but with conditions

Mexico would accept a U.S. demand on steel in the United States-Mexico-Canada Agreement if the rule took effect at least five years after the trade pact’s ratification, Mexican Foreign Minister Marcelo Ebrard said on Sunday.

…read more […]

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Business News

Global financial watchdogs take aim at Big Tech’s data dominance

December 9, 2019 admin Comments Off on Global financial watchdogs take aim at Big Tech’s data dominance

Google, Alibaba and other “Big Tech” companies could be forced to share data on financial services customers with banks and financial technology firms to prevent unfair competition.

…read more […]

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Carbonium Core (NASDAQ: TOMZ) Targets $1.5 Billion Annual Revenue Opportunity—Could It Become the MP Materials of Nuclear-Grade Graphite?

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