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OLI SCARFF | AFP | Getty Images Britain’s Chancellor of the Exchequer Philip Hammond waits for Britain’s Prime Minister Theresa May to give her keynote address on the fourth and final day of the Conservative Party Conference 2018 at the International Convention Centre in Birmingham, central England, on October 3, …
Read More »Monthly Archives: March 2019
Aurora Cannabis surges after hiring activist investor Peltz as advisor
Aurora Cannabis announced Wednesday that it has appointed longtime activist investor Nelson Peltz as a strategic advisor to the company. Peltz will “work collaboratively and strategically to explore potential partnerships that would be the optimal strategic fit for successful entry into each of Aurora’s contemplated market segment,” Aurora said in …
Read More »737 Max groundings put a major source of Boeing’s revenue at risk, Wall Street warns
David Ryder | Bloomberg | Getty Images Employees on a platform next to a Boeing 737 MAX 9 jetliner at the company’s manufacturing facility in Renton, Washington. Boeing’s stock posted its biggest two-day drop in a decade and several Wall Street firms are warning that investors are still not anticipating …
Read More »Every option on the table to deliver democracy to Venezuela: Pompeo
Mary Catherine Wellons | CNBC U.S. Secretary of Energy Rick Perry and U.S. Secretary of State Mike Pompeo speak with CNBC at the CERAWeek by IHS Markit conference on Tuesday, March 12, 2019. “Now 50 plus countries have recognized that Maduro is illegitimate. It’s time for him to go,” Pompeo …
Read More »Asia boosts Prudential profit, demerger making progress
Jason Alden/Bloomberg | Bloomberg | Getty Images Pedestrians pass a logo outside Prudential Plc’s headquarters in London, U.K. Prudential said it was making “continued progress” in separating its British business, M&G Prudential, through a stock market listing, which market sources expect before the end of the year. “Given the extent …
Read More »Tech giants need new competition rules, UK government report finds
DAMIEN MEYER | AFP | Getty Images This photograph taken on September 28, 2017, shows a smartphone being operated in front of GAFA logos (acronym for Google, Apple, Facebook and Amazon web giants) as background in Hédé-Bazouges, western France. Tech companies like Google, Facebook, Amazon, Apple and Microsoft are stifling …
Read More »European MP Marietje Schaake on US-EU trade talks, China challenges
Saul Loeb | AFP | Getty Images US President Donald Trump and European Commission President Jean-Claude Juncker (L) met in Washington in July 2018. Trust between the U.S. and the European Union is at an “all-time low,” a European lawmaker said Wednesday after both sides failed to find common ground …
Read More »After Italy, Malta says it’s looking at China’s Belt and Road plan
Bloomberg | Bloomberg | Getty Images Edward Scicluna, Malta’s finance minister. Another European country is weighing the possibility of joining China’s international infrastructure investment plan. Malta, a small country in the Mediterranean that’s part of the European Union, has indicated there’s a possibility that it could join China’s Belt and …
Read More »Senate panel asks CVS and other middlemen to testify about drug prices
Chip Somodevilla | Getty Images Senate Judiciary Committee Chairman Chuck Grassley (R-IA) talks with reporters as he heads for a meeting at the U.S. Capitol October 02, 2018 in Washington, DC. The Senate Finance Committee said Tuesday it invited five major pharmacy benefit managers to testify before Congress about high …
Read More »Switch, Clearwater Paper and more
Michael Nagle | Bloomberg | Getty Images Rob Roy, founder and chief executive officer of Switch Inc., center, rings the opening bell before the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, Oct. 6, 2017. Check out the companies making …
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