Merck & Co. said it is buying ArQule Inc. for about $2.7 billion, adding to its portfolio of cancer treatments beyond the company's top-selling immunotherapy drug Keytruda. The purchase price, at $20 a share in cash, is more than double Friday's closing price of $9...
Global equities fell lower on Tuesday morning ahead of tomorrow FOMC meeting, with front month futures on the S&P 500 erasing Friday’s gains. The effect of the better than expected NFP figures didn’t last long. S&P futures are down 0...
OPEC and its allies completed a new production pact to deepen their oil-output cuts, delegates said Friday...
Asian markets has opened on a positive note following Friday's US equity markets strong upside reversal. Supporting renewed risk appetite is news that China had allowed exclusion of key US agricultural good from tariffs, lowering worries of escalation between US-China on the 15th...
With just one week to go before the UK general election, opinion polls show the opposition Labour Party gaining ground...
Mixed signals should temper the appreciation potential of crude oil as upcoming US labor data should provide a boost to the greenback...
US President Donald Trump signed the “Hong Kong Human Rights and Democracy Act of 2019” on 27 November, resisting Beijing’s calls to veto the law amid delicate bilateral trade negotiations...
With geopolitical tensions rising amid the uncertain outcome of current Sino-American trade talks, EM currencies remain under constant pressure as China’s precondition to reach a phase one deal consisting of a rollback of US tariffs along with the US willingness to include topics such as intellec...
Larry Page and Sergey Brin guided Google from a search startup to a massive conglomerate, will remain board members and controlling shareholders Alphabet Inc...
2019 has been a record year for the green bond market. More than USD 215bn of new issuance - including monthly records in September and October - have taken the overall market volume to USD 690bn. That's impressive growth considering new issuance was less than USD 50bn in 2015...
Airbus SE (AIR.FR) said that the World Trade Organization ruled the U.S. should immediately reduce the $7.5 billion tariffs authorized in October by around $2 billion...
The upsurge of AUD despite expectations from the Reserve Bank of Australia to maintain a wait-and-see approach at today’s monetary policy meeting after a series of three rate cuts appears quite surprising, especially considering last week trading session where the Aussie could barely benefit from...
Daimler AG (DAI.XE) said that it plans to cut thousands of jobs world-wide over the coming years to save costs amid heavy investments into emissions compliance and future technologies...
Markets sentiment improves following the release of upbeat PMI releases in China for November, in line with positive developments globally that flashed earlier globally...
Remy Cointreau SA (RCO.FR) said Thursday that net profit in the first half of the fiscal year increased, buoyed by proceeds from disposals. The French drink maker made a profit of 90.5 million euros ($99.4 million) for the six months ended Sept. 30, up from EUR87...
The latest release of data clearly shows that further fiscal easing is undoubtedly needed to try to mitigate the slowdown in private consumption in Japan...
In the latest hurdle confronting Boeing Co.'s bid to get its grounded 737 MAX fleet back in the air, federal regulators now intend to inspect and sign off on every jet individually before delivery to airlines...
Thanksgiving seems to start on a high note at first sight following the release of a positive GDP revision for third quarter that pictures a stronger US economy...
HP Inc. posted lower fiscal fourth-quarter earnings as its printing business remained weak, helping to spur an increasingly acrimonious takeover approach from rival Xerox Holdings Corp. HP said net income fell to $388 million from $1...
Unlike its neighbor, the Reserve Bank of New Zealand, which justified its decision to maintain rates unchanged two weeks ago thanks to an apparent rebound in economic activity, the Reserve Bank of New Zealand appears without any arguments that would confirm that the Australian economy is doing we...
