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Singapore's anti-trust watchdog has fined ride-hailing firms Uber and Grab with combined fines of $9.5 million over their "anti-competitive" merger deal, noting that the transaction led to a substantial lessening of competition in the ride-hailing platform...

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Manufacturing confidence data from France is due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is slated to issue Germany's wholesale prices for August. Prices had gained 3.5 percent on year in July.

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China accused the United States of "trade bullying" in a white paper it issued "to clarify the facts about China-U.S. economic and trade relations, demonstrate its stance on trade friction with the United States, and pursue reasonable solutions." The...

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European stocks were flat to slightly higher on Tuesday amid reports of a compromise on Italy's budget among the government coalition members. Analysts say that the country will not walk off the European Union, despite the pressure to announce populist...

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The director of big star movies Cary Joji Fukunaga will direct the 25th official James Bond edition. His name was announced Thursday by producers Michael G Wilson and Barbara Broccoli, and the lead actor Daniel Craig. "Michael G. Wilson, Barbara...

wallstreet-sept18.jpg Investors have their continued focus on U.S. - China tariff war. The Housing Market Index to be published today is expected to be unchanged from the previous month. Asian shares finished higher on Tuesday, while European shares are trading positive.
generalmills-sept18.jpg General Mills Inc. (GIS) reported a profit for the first-quarter declined 3.1 percent from a year ago, reflecting lower after-tax joint venture earnings, lower operating profit, and higher net interest expense, partially offset by a lower effective tax rate. But quarterly net sales increased 8.6 percent from the prior year. However, revenues missed analysts' estimates.
uschina-sep18.jpg In an escalation of the trade war between the world's two largest economies, China announced plans to impose tariffs on $60 billion worth of U.S. goods on Tuesday in retaliation for the U.S. decision to impose tariffs on another $200 billion worth of Chinese products.
wallstreet-aug16_18sep18.jpg Following the pullback seen in the previous session, stocks may move back to the upside in early trading on Tuesday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 88 points.
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donald-trump2-092118.jpg President Donald Trump indicated in a post on Twitter on Friday that the declassification of various materials related to the Russia investigation will be delayed due in part to concerns raised by key U.S. allies.
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mitch-mcconnell-092118.jpg Despite the turmoil created by Dr. Christine Blasey Ford's allegations of sexual assault against Supreme Court nominee Brett Kavanaugh, Senate Majority Leader Mitch McConnell, R-Ken., has expressed confidence the federal appeals court judge will be confirmed.
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draghi-092418.jpgEuropean Central Bank President Mario Draghi said on Monday that the underlying inflation in the euro area is set to rise in coming months, and that there are signs of labor shortages in some countries in the single-currency union. Euro rose sharply on Draghi's comments as market interpreted them as hawkish, signaling a hike in interest rates late next year.
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U.K. stocks were modestly higher on Tuesday, with higher oil prices and strong first-half results from clothing retailer Next Plc underpinning investor sentiment on a light day on the economic front. Investors also kept an eye on U.S. politics and looked ahead to the upcoming Fed meeting for directional...
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Singapore's anti-trust watchdog has fined ride-hailing firms Uber and Grab with combined fines of $9.5 million over their "anti-competitive" merger deal, noting that the transaction led to a substantial lessening of competition in the ride-hailing platform market in Singapore. In March, Uber said it is selling its Southeast Asia operations as well as Uber Eats in the region to Grab.
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US Congressman Tom Emmer, the co-chair of the Congressional Blockchain Caucus, said he will introduce three bills to support blockchain technology and digital currencies. According to him, the federal government should provide a light touch, consistent, and simple legal environment for the crypto industry to develop in the country. Read More
Today's Daily Dose brings you news about AnaptysBio's (ANAB) trial results of Etokimab in adult patients with severe eosinophilic asthma; near-term catalyst of Audentes Therapeutics; lifting of partial clinical hold that was slapped on Epizyme's Tazemetostat clinical trials; workforce reduction in Gemphire and FDA approval of Verastem's COPIKTRA. Read More
AstraZeneca (AZN.L, AZN) and MedImmune, its global biologics research and development arm, announced that the European Commission has granted marketing authorisation for Imfinzi or durvalumab as monotherapy for the treatment of locally-advanced, unresectable... Read More
The UK economy will suffer substantial costs if the country leaves the European Union without a deal, the International Monetary Fund warned on Monday.
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tomemerblockchain-sept25.jpg US Congressman Tom Emmer, the co-chair of the Congressional Blockchain Caucus, said he will introduce three bills to support blockchain technology and digital currencies. According to him, the federal government should provide a light touch, consistent, and simple legal environment for the crypto industry to develop in the country.
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Economic Calendar
DateIndicatorPeriodCountry
09/25/18 5:0M3 Money Supply (Y-o-Y)AUG Bulgaria
09/25/18 4:0Unemployment RateJUL Poland
09/25/18 3:30PPI (Y-o-Y)AUG Sweden
09/25/18 3:30PPI (M-o-M)AUG Sweden
09/25/18 3:0PPI (Y-o-Y)AUG Spain
09/25/18 3:0PPI (M-o-M)AUG Spain
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FDA Calendar
Event DateSymbolDrug NameEvent Name
12/24/18RHHBYBaloxavir Marboxil (NDA)FDA decision on Baloxavir Marboxil for the treatment of acute, uncomplicated influenza in people 12 years and older
12/20/18JAZZSolriamfetol (NDA)FDA decision on Solriamfetol for the treatment of excessive sleepiness in adult patients with narcolepsy or obstructive sleep apnea
12/19/18SAGEBrexanolone IV (NDA) FDA decision on Brexanolone IV for the treatment of postpartum depression
12/05/18RHHBYTECENTRIQ (sBLA)FDA decision on TECENTRIQ in combination with Avastin or bevacizumab, paclitaxel and carboplatin or chemotherapy for initial treatment of people with metastatic NSCLC
11/26/18LOXOLarotrectinib NDAFDA decision on Larotrectinib for patients with locally advanced or metastatic solid tumors harboring NTRK gene fusion
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