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Shares of Novartis AG (NVS) were gaining around 2 percent in the morning trading in Switzerland after the drug major on Thursday lifted its fiscal 2018 net sales guidance, despite weak profit in its third quarter. Core earnings topped analysts' estimates,...

The unemployment rate in Australia came in at a seasonally adjusted 5.0 percent in September, the Australian Bureau of Statistics said on Thursday. That was beneath expectations for 5.3 percent, which would have been unchanged. The Australian economy...

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Special Counsel Robert Mueller is expected to issue findings on core aspects of his investigation of Russian interference in the 2016 presidential election after next month's midterm elections, according to a report from Bloomberg on Wednesday.

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European stocks were modestly higher on Thursday as investors digested a slew of earnings reports and pondered over the newly released minutes from the U.S. Federal Reserve's September meeting. The dollar hit a one-week high and the British pound held...

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Northern Ireland's Anna Burns won this year's Man Booker Prize for her novel, "Milkman." Anna, 56, becomes the first Northern Irish writer, and the first woman since 2013, to win the prestigious world literature award. Milkman is Anna's third...

wallstreet1-up-032918_09oct18.jpg The bloodbath in the U.S. markets on Wednesday might continue to hold up the investor sentiments. Major indexes across Europe and Asia had an impact in their closing.
chineesefg-oct11.jpg The Chinese Government is planning to create national blockchain standards to give a fillip to the development of blockchain and distributed ledger technology (DLT) in the country, according to local news outlet chinamoneynetwork.com. Despite the Chinese government's aversion to cryptocurrency, the nation has been using blockchain technology more than the U.S.
coinbasejapan-oct11.jpg U.S. cryptocurrency exchange Coinbase, which awaits an operating license in Japan, remarked that the ongoing cryptocurrency crackdown in the country will give it an advantage due to its stricter stance on security. The exchange expressed confidence that it will win regulatory approval in 2019.
cryptoantimoney-oct11.jpg A new study has found that criminals have laundered $2.5 billion worth of Bitcoin, 97 percent of which is from unregulated cryptocurrency exchanges or in countries with lax Anti-Money-Laundering (AML) regulations. Cryptocurrency research group CipherTrace conducted an analysis of 45 million transactions from the top 20 cryptocurrency exchanges in the world to measure the level of bitcoin payments
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donald-trump4-101718.jpg Continuing his unending battle with the media, President Donald Trump lashed out at the Associated Press in a post on Twitter on Wednesday. Trump accused the venerable news agency of distorting his comments about the upcoming midterm elections after an AP headline stated the president "won't accept blame if GOP loses House."
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elizabeth-warren-101518.jpg Seeking defuse frequent attacks by President Donald Trump, Democratic Senator Elizabeth Warren, D-Mass., released the results of a DNA test on Monday that support her claims of Native American ancestry.
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U.K. shares were modestly higher on Thursday and the pound held stable after reports suggested that Prime Minister Theresa May was open to discussing a longer transition period within the EU. Investors were also digesting data from the Office for National Statistics showing that U.K. retail sales...
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Tesla Inc. has acquired an 864,885-square meter plot in Shanghai's Lingang area for its new factory in China, the world's largest market for electric vehicles, according to media reports. The new factory will be the electric car maker's first Gigafactory outside the U.S. In July, Tesla confirmed it has signed a deal with the Shanghai Municipal Government to start building Gigafactory 3.
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Tech giant Apple's co-founder Steve Wozniak was named the co-founder of blockchain-powered venture capital firm EQUI Global. He will work alongside serial investor and EQUI founder Doug Barrowman as well as entrepreneur and EQUI co-founder Baroness Michelle Mone OBE. In his role, Wozniak will head up technology investments and help in finding tech talent for the new technology focused VC fund. Read More
As we head into another month of new drug approvals, it's time to take a look at some of the FDA-related news that grabbed headlines in September. Seeking to curb the sharp rise in the number of teens using e-cigarettes, the FDA, has expanded its Youth Tobacco Prevention Plan, which was first introduced last April. Read More
The following are some of the pharma/biotech stocks that posted the biggest percentage decline today. Read More
equi-global-101718.jpg Tech giant Apple's co-founder Steve Wozniak was named the co-founder of blockchain-powered venture capital firm EQUI Global. He will work alongside serial investor and EQUI founder Doug Barrowman as well as entrepreneur and EQUI co-founder Baroness Michelle Mone OBE. In his role, Wozniak will head up technology investments and help in finding tech talent for the new technology focused VC fund.
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Economic Calendar
DateIndicatorPeriodCountry
10/18/18 6:0PPI (Y-o-Y)SEP Portugal
10/18/18 6:0PPI (M-o-M)SEP Portugal
10/18/18 5:0CPI - EU Harmonised (Y-o-Y)SEP Iceland
10/18/18 5:0CPI - EU Harmonised (M-o-M)SEP Iceland
10/18/18 4:30Retail Sales - Ex. Auto (Y-o-Y)SEP UK
10/18/18 4:30Retail Sales - Ex. Auto (M-o-M)SEP UK
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FDA Calendar
Event DateSymbolDrug NameEvent Name
01/05/19ACORINBRIJA (NDA)FDA decision on INBRIJA as a treatment for symptoms of OFF periods in people with Parkinson’s disease taking a carbidopa/levodopa regimen.
12/31/18PTLAAndexxa Prior Approval Supplement FDA decision on Andexxa for patients treated with rivaroxaban and apixaban, when reversal of anticoagulation is needed
12/24/18RHHBYBaloxavir Marboxil (NDA)FDA decision on Baloxavir Marboxil for the treatment of acute, uncomplicated influenza in people 12 years and older
12/21/18SHPG, SHP.LPrucalopride (NDA)FDA decision on Prucalopride as a potential once-daily treatment option for chronic idiopathic constipation in adults
12/20/18JAZZSolriamfetol (NDA)FDA decision on Solriamfetol for the treatment of excessive sleepiness in adult patients with narcolepsy or obstructive sleep apnea
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