© Reuters. European Commissioner for the Internal Market Breton gestures as he communicates on the EU’s 5G plan in Brussels By Michel Rose PARIS (Reuters) – Europe may have lost the battle to create digital champions capable of taking on U.S. and Chinese companies harvesting personal data, but it canRead More →
By Simon Jessop LONDON (Reuters) – German fund manager Allianz Global Investors is pushing every company it invests in to improve their climate-related disclosures ahead of the season for annual shareholder meetings. Allianz GI, which manages 557 billion euros ($605.18 billion) as part of insurer Allianz (DE:), said it hadRead More →
© Reuters. FILE PHOTO: To match Special Report SEC/INVESTIGATIONS By Katanga Johnson and John McCrank WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) proposed on Friday to add more stock price information to public market data feeds and allow other firms to compete against the exchanges in runningRead More →
© Reuters. People walk past an electronic display showing world markets indices outside a brokerage in Tokyo By Hideyuki Sano TOKYO (Reuters) – Asian stocks edged up on Thursday, a day after U.S. S&P 500 hit a record peak following encouraging economic data, while investors keep a wary eye onRead More →
New York (January 30) – Gross Domestic Product growth for the fourth quarter of 2019, or “2019Q4 GDP,” printed at a 2.1%, matching the consensus estimate of 2.1% and at the high end of our range of 1.8% to 2.1%, published in our December jobs report. That matches the 2.1%Read More →
STOCKHOLM/FRANKFURT (Reuters) – Fashion retailer H&M (ST:) said on Saturday that data security breaches found at its German unit were unacceptable and it was cooperating with the local data protection supervisory authority in its investigation into the matter. “The local team has taken a range of action and is inRead More →
By Foo Yun Chee BRUSSELS (Reuters) – The EU plans to adopt more protectionist antitrust rules and encourage businesses to share data as part of an industrial policy overhaul aimed at giving European companies a sharper edge in global markets, a strategy document seen by Reuters shows. Drafted by theRead More →
Long-dated U.S. Treasury yields edged higher Friday after the U.S. Treasury Department announced plans, as had been expected, to issue a 20-year nominal coupon bond in the first half of 2020 to finance a ballooning federal deficit that is nearing 5% of gross domestic product. However, yields have been little-changedRead More →
Economic pessimism for the US has had a rough ride in recent years. The macro trend has wobbled several times since the last official recession ended in 2009, but each time the economy righted itself and the expansion rolled on. But new doubts emerged in the second half of 2019Read More →
© Reuters. ‘Gold rush’: Race is on for health data in East Europe’s frontier market By Gergely Szakacs and Alicja Ptak BUDAPEST/WARSAW (Reuters) – Eastern Europe is a new frontier for private medical care, and insurers and tech startups are racing to steal a march on their rivals by harnessingRead More →
© Reuters. FILE PHOTO: A bird flies past The Bank of England in the City of London By Huw Jones LONDON (Reuters) – Britain’s financial regulators said on Tuesday they will transform their data crunching capabilities over the coming decade to spot problems in banks and markets earlier. Banks andRead More →
As something of a proxy for Mexico itself, or at least its infrastructure, I can’t say that the weak performance of PINFRA (OTCPK:PUODY) (PINFRA.MX) shares, flat since my last update, is wholly unreasonable. Mexico’s economic growth has been feeble after all, with GDP declines in the last two quarters andRead More →
Wyze Labs Inc., a maker of smart-home cameras and devices, has confirmed a data leak that could affect millions of customers. Cybersecurity company Twelve Security first reported the leak on Thursday, saying “both the company’s production databases were left entirely open to the internet,” exposing the information of around 2.4Read More →
Quick Take Molecular Data (MKD) has filed to raise $69 million in an IPO of ADSs representing underlying Class A shares, per an amended F-1/A registration statement. The company operates an online marketplace for the chemicals industry in China. MKD has done well to grow its gross merchandise value [GMV]Read More →
This has been an amazing year for Inphi (IPHI), as the market has woken up to not only the company’s strength in physical layer technologies for the data center and telecom markets but also its ability to execute on those technical capabilities. Looking into 2020, Inphi has the chance toRead More →
© Reuters. Investing.com – Asian markets were mixed on Wednesday, with Japanese stocks underperforming amid weaker-than-expected export data. The Nikkei 225 traded 0.4% lower by 10:50 PM ET (02:50 GMT). Data showed today that the country’s fell for a 12th straight month in November. Policy decision from the Bank ofRead More →
(Reuters) – The S&P 500 and Nasdaq hit record highs at the open on Monday, helped by upbeat data from China and a cooling of U.S.-China trade tensions, while Boeing (NYSE:) slipping on worries over production changes to its grounded 737 jets kept Dow’s gains in check. The Dow JonesRead More →
The first sign of a possible cyclical stock market bottom came with a rare breadth thrust covered in January 2019 The same “keep an open mind” message applied to the S&P 500’s (SPY) stand at an upward-sloping 200-week moving average, which aligns with a possible major cyclical bottom within theRead More →
Image Source: ZwavelStream Clinic Company Thesis Relmada Therapeutics (RLMD) has recently announced top-line Phase 2 data for its sole pipeline candidate REL-1017 under evaluation for major depressive disorder. At first glance, the data seems fantastic and appears to have surpassed all expectations. When analyzed in context, however, various issues withRead More →
Yields on U.S. government debt rose Wednesday as Treasury prices gave back some of the previous session’s large gains following a news report that said the U.S. and China remained on track to complete a phase-one trade deal before a Dec. 15 deadline despite President Trump’s comments about a delayRead More →
By Arjun Panchadar (Reuters) – U.S. stock index futures gained slightly on Monday as an unexpected rise in Chinese manufacturing activity assuaged investor concerns about a global economic slowdown in the wake of a prolonged trade war between Washington and Beijing. China’s factory activity expanded at its fastest pace inRead More →
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are investigating Google’s collection of data, the European Commission told Reuters on Saturday, suggesting the world’s most popular internet search engine remains in its sites despite record fines in recent years. Competition enforcers on both sides of the Atlantic areRead More →
(Reuters) – Billionaire investor Warren Buffett was thwarted in trying to spend some of the $128.2 billion of cash at his Berkshire Hathaway (NYSE:) Inc, after a private equity firm outbid him to buy technology equipment distributor Tech Data Corp for $5.14 billion, CNBC said on Friday. Berkshire did notRead More →
Stocks edged up for a fourth straight day to score another round of records Wednesday, supported by rosier U.S. economic data and ongoing hopes for a U.S. – China trade deal, but Wall Street trading volumes were thinner than usual ahead of the Thanksgiving Day holiday Thursday. U.S. financial marketsRead More →
By Arjun Panchadar (Reuters) – Wall Street’s main indexes were set to open flat on Tuesday after closing at record highs in the previous session, with a handful of retailers reporting mixed results ahead of the latest batch of consumer confidence data. Trade issues remained in focus after Beijing saidRead More →