It's been tough going for big pharmaceutical companies in China, weighed down by tighter hospital budgets, tough competition, and more regulation. Ryan Brookes reports many are opting to tie-up with small local firms as a backdoor to get back into the world's second-largest drug market.
Global shares rose on Tuesday, with investors on Wall Street focused on earnings reports from the U.S. megacaps, and the yen tumbled to multi-year lows against the dollar and the euro. Treasury yields dipped after data showed U.S. business activity cooled to a four-month low. Easing concerns about the threat of a major re-escalation of tension in the Middle East and a focus on company earnings brought renewed risk appetite from investors.
Two U.S. senators said they hope TikTok will remain in business in the U.S. under a new owner as the chamber prepared to vote on Tuesday on legislation requiring Chinese owner ByteDance to divest the popular short video app's U.S. assets. Senate Intelligence Committee Chair Mark Warner, a Democrat, said lawmakers recognized that the short video app is used by 170 million Americans, especially young people. Driven by concerns that China could access Americans' data or surveil them with the app, the U.S. House of Representatives passed bipartisan legislation on Saturday that would give ByteDance nine months to divest TikTok with a possible three-month extension.
"The right one will come when you’re least expecting it," Hannah Bullerman tells PEOPLE
MINSAMA's L3849 diamond plate excels in thermal management, ready to revolutionize electronics cooling by 2024. MINSAMA's L3849 diamond plate: "before" and "after" thermal images MINSAMA's L3849 diamond plate excels in thermal management, ready to revolutionize electronics cooling by 2024. San Jose, CA, April 23, 2024 (GLOBE NEWSWIRE) -- MINSAMA LLC, a prominent name in software development and high-tech equipment manufacturing, today announced a remarkable breakthrough in thermal management sol
President’s re-election campaign believes the Sunshine State — which hasn’t gone to a Democrat in a presidential election since 2012 — is now seriously in play
LOS ANGELES, CA, April 23, 2024 (GLOBE NEWSWIRE) -- AERWINS Technologies Inc. (Nasdaq: AWIN) (“AERWINS” or “the Company”) today announced that on April 17, 2024, the Company received an Additional Staff Delisting Determination (the “Additional Staff Determination”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”). The Additional Staff Determination noted that the Company is now delinquent in filing its Form 10-K for the period ended December 31, 2023 (the “For
Abbey was emotionally and financially exhausted after arguing with her landlord.
Drew AngererDisgraced ex-Republican George Santos has killed his short-lived bid for a new seat in Congress, announcing his withdrawal from the race for New York’s 1st Congressional District on Tuesday.“I have decided to withdraw from my independent run for #NY1,” Santos wrote on X. He added that he didn’t want his run to be portrayed as a “reprisal against” incumbent Nick LaLota, a fellow GOP rep Santos has said he personally dislikes.Still, Santos didn’t miss the chance to throw one last parti
McCarthy and Wahlberg cope with distance in their marriage by making FaceTime their best friend — and they even fall asleep with it
Carpenter earned her first top 10 hit on the Billboard Hot 100 for "Espresso"
A woman is furious about what happened to her car when she left it parked on a street in Bondi. Check out why here.
It was to feature events like a bondage fashion show. But then the authorities cracked down.
Business Awards UK celebrates the 2024 Manufacturing Awards winners and finalists.HALIFAX, April 23, 2024 (GLOBE NEWSWIRE) -- Business Awards UK proudly presents the winners of the 2024 Manufacturing Awards, honouring remarkable achievements across the manufacturing sector. This year, we celebrate the innovation, dedication, and excellence of entities driving forward the standards of quality, sustainability, and client satisfaction in the UK’s manufacturing landscapes. Business Awards UK 2024 Ma
DUBAI, United Arab Emirates, April 23, 2024--Banuba updates its white label video editor with AI-generated captions, avatars, and other upgrades for social media content creation.
Oilfield services firm Baker Hughes beat analysts' estimates for first-quarter profit on higher international drilling demand. Brent crude rose nearly 10% in the quarter on an average, prompting oil firms to drill more, creating demand for oilfield services and equipment offered by Baker Hughes and rivals. International rig count, an indicator of future production, was up 5.4% at 965 on an average at the end of the first quarter, from a year earlier, according to Baker Hughes data.
The rally attempt gained steam Tuesday, but big tests loom. Tesla leapt as it signaled a cheap EV is on track. Elon Musk is on deck.
Malan Best Security Inc. is expanding nationwide, enhancing its fire watch services to set new industry standards for safety and quality.Los Angeles, CA, April 23, 2024 (GLOBE NEWSWIRE) -- Malan Best Security Inc., renowned for its commitment to providing top-tier Fire Watch and security services, announces its national expansion. This strategic growth enhances its capability to deliver high-quality, reliable fire safety solutions across the United States, setting new standards of excellence in
NIAGARA FALLS, N.Y., April 23, 2024--Cabbacis filed its Annual Report for the year ended December 31, 2023 with the SEC. The report can be accessed at www.cabbacis.com/media.
Wall Street gears up for a number of big tech earnings this week as many of the tech giants hold much of the value of the S&P 500 (^GSPC). As earnings from the Magnificent Seven roll out, investors may be looking for opportunities to enter the market. Simplify Asset Management Chief Strategist Michael Green and Wealth Enhancement Group Senior Vice President and Financial Advisor Nicole Webb join Market Domination to discuss investment opportunities during this big week of tech earnings and beyond. Webb gives her overview of earnings so far: "To us, it's just all of this playing out of where does the earnings growth for the rest of the year come from, and we had anticipated a deceleration from those mega tech names in the back half of this year. And so kind of below the surface we see this churning, the broadening that everyone is talking about and some of that relative outperformance from places like the equal weight S&P (^SPXEW)." Green follows up with: "I think the biggest surprises that have come out of earnings in general have been things like General Motors' (GM) announcement today that was accompanied by an astonishing buyback where they shrank the quantity of shares by around 17%. This is in contrast, that level of buyback is unprecedented for many of these companies for that to be happening in open markets. And it's just highlighting that the exceptionally cheap areas of the market as long as there's a little bit of support that's coming in through the interest rate space, that really looks like that could be an area of focus." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
He spelled it "advacado".
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