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China's Lenovo Group Ltd. warned it may have to raise prices of its products if the U.S. moves ahead with the decision to impose additional tariffs on Chinese goods, according to a report by Reuters. The warning by Lenovo, the world's largest PC maker,...

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Consumer sentiment in the U.S. has seen a significant deterioration in the month of August, according to a preliminary report released by the University of Michigan on Friday. The report said the consumer sentiment index tumbled to 92.1 in August after...

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Israel barred two Democratic Muslim women members of the U.S. House of Representatives from visiting the country apparently under pressure from the leader of its biggest ally. Reps Rashida Tlaib and Ilhan Omar, who are known critics of Israel and President...

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Following the lackluster performance seen in the previous session, stocks moved sharply higher over the course of the trading day on Friday. The major averages all climbed firmly into positive territory after ending Thursday's trading mixed.

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Universal Pictures will not release violent satire "The Hunt" after the movie evoked the ire of President Donald Trump. The dual mass shootings also apparently prompted the distributor to cancel the movie, which tells the story of liberals hunting...

asiancommentary-dec21_11aug19.jpg Asian stock markets are mixed on Monday following the weak cues from Wall Street Friday amid growing worries about rising U.S.-China trade tensions and its impact on global economic growth after U.S. President Donald Trump warned that planned trade talks with China in September could be called off. Trump also said the U.S. is "not going to do business" with Chinese tech giant Huawei.
stockmarkets-jan22_12aug19.jpg European stocks look set to open higher on Monday after last week's volatile trading. Traders will keep an eye on political developments in Italy after Deputy Prime Minister Matteo Salvini's League party presented a motion of no confidence in Premier...
european-market-021219_12aug19.jpg Asian stocks ended mixed on Monday as investors monitored the value of the yuan and remained focused on U.S.-China trade-related headlines after U.S. President Donald Trump poured cold water on the prospect of a trade deal. Trading volumes were thin as...
burgerking-081219.jpg Burger King fired five employees for playing a derogatory joke on a police officer. The decision was after New Mexico police officer Timo Rosenthal in a Facebook post alleged that a cartoon pig was drawn on the wrapper of the hamburger he ordered. He also claimed that the given hamburger was burned and was of very poor quality.
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nuclearpower-081519.jpg The U.S. Government blacklisted four Chinese nuclear power companies, accusing them of helping to acquire advanced U.S. technology for Chinese military. The Bureau of Industry and Security under the Department of Commerce added China General Nuclear Power Group and its subsidiaries China General Nuclear Power Corp., or CGNPC, China Nuclear Power Technology Research Institute Co., and Suzhou Nucle
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hongkong_16aug19.jpgHong Kong's economy grew less-than-estimated in the second quarter as anti-government demonstrations started to weigh on economic activity. Gross domestic product expanded 0.5 percent on a yearly basis, instead of 0.6 percent estimated previously, revised data from the Census and Statistics Department showed Friday. The economy had advanced 0.6 percent in the first quarter.
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Coinbase Custody, the U.S.-based crypto exchange Coinbase's crypto custody service for institutional investors, acquired crypto wallet provider Xapo's institutional custody business. The transaction value was not disclosed by Coinbase. But Fortune, quoting a person familiar with the matter, said Coinbase paid $55 million, higher than what Fidelity had proposed. Read More
After having had a banner year for new drug approvals in 2018, hitting a record number of 59, it looks like the pace of FDA approval is slowing down this year. Only 16 new drugs have been greenlighted so far this year compared to 26 during the same period last year. Let's take a look at the companies that await a ruling from the FDA in August 2019. Read More
Roche (RHHBY) announced the US FDA approval of Rozlytrek for the treatment of adults with ROS1-positive, metastatic non-small cell lung cancer. Also, the FDA has granted accelerated approval to Rozlytrek for the treatment of adult and paediatric patients... Read More
lenovo-aug15.jpg China's Lenovo Group Ltd. warned it may have to raise prices of its products if the U.S. moves ahead with the decision to impose additional tariffs on Chinese goods, according to a report by Reuters. The warning by Lenovo, the world's largest PC maker, comes amid the escalating trade war between the U.S. and China that has raised concerns about the global economic outlook.
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Economic Calendar
DateIndicatorPeriodCountry
08/18/19 Rightmove House Prices (Y-o-Y)AUG UK
08/18/19 Rightmove House Prices (M-o-M)AUG UK
08/16/19 13:0Baker Hughes - Rig CountAUG 16 United States
08/16/19 11:0CB Leading IndexJUN Mexico
08/16/19 11:0CB Coincidence IndexJUN Mexico
08/16/19 9:0Trade BalanceMAY P Belgium
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FDA Calendar
Event DateSymbolDrug NameEvent Name
10/24/19MLNT BAXDELA (sNDA)FDA decision on BAXDELA seeking to include adult patients with community-acquired bacterial pneumonia,
10/24/19TSRO Zejula (sNDA)FDA decision on Zejula for the Late Stage Ovarian Cancer
10/19/19CLSDXIPERE (NDA)FDA decision on XIPERE for Suprachoroidal Injection for macular edema associated with uveitis
10/19/19ALXNUltomiris (sBLA)FDA decision on Ultomiris for the Treatment of Atypical Hemolytic Uremic Syndrome (aHUS)
10/15/19NVSBrolucizumab (BLA) FDA decision on Brolucizumab for the treatment of wet age-related macular degeneration
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