Net imports via Hong Kong to China, the world’s top consumer of gold, fell to 3.052 tonnes in November — the lowest since February 2011 — from 10.846 tonnes in October, the data showed. Total gold imports via Hong Kong slumped 58% to 5.563 tonnes last month, also the lowest since February 2011, from 13.353 tonnes in October. …read more […]
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we’d be… …read more […]
Today we will run through one way of estimating the intrinsic value of AECOM (NYSE:ACM) by taking the expected future… …read more […]
Today we’ll look at Abiomed, Inc. (NASDAQ:ABMD) and reflect on its potential as an investment. To be precise, we’ll… …read more […]
Oil prices held on to three-month highs on Monday, underpinned by optimism over an expected China-U.S. trade deal and upbeat industrial data, while traders kept a close watch on the Middle East following U.S. air strikes in Iraq and Syria.
Cisco Systems, Inc. (NASDAQ:CSCO) is about to trade ex-dividend in the next 2 days. Ex-dividend means that investors… …read more […]
The European Union’s new trade commissioner, Irishman Phil Hogan, was quoted on Monday as saying he would seek a reset of EU/US trade relations on a number of contentious issues when he meets his U.S. counterpart for the first time next month.
In 2011 Tim Cook was appointed CEO of Apple Inc. (NASDAQ:AAPL). First, this article will compare CEO compensation with… …read more […]
EssilorLuxottica said it had discovered fraudulent activity at a plant in Thailand, which was expected to have a negative impact of 190 million euros ($213 million) on the spectacles company. EssilorLuxottica’s shares fell by around 1 percent in early session trading, following the announcement. The group, which was formed from the merger of French lens maker Essilor and Italian eyewear group Luxottica, added that the employees suspected of involvement in the Thai fraud case had been sacked. …read more […]
AstraZeneca and Merck’s ovarian cancer drug Lynparza has received U.S. regulatory approval for the treatment of advanced pancreatic cancer, cementing its lead in a niche category of cancer treatments. The U.S. Food and Drug Administration (FDA) approved the drug’s use as a first-line maintenance therapy for patients with BRCA gene mutations whose cancer had spread beyond the pancreas and whose tumours did not worsen after chemotherapy of at least 16 weeks, the British drugmaker said on Monday. Mutations in BRCA genes impair the ability to repair DNA damage and are typically linked with breast and ovarian cancers, but …read more […]
Financial services have been too slow to cut investment in fossil fuels, a delay that could lead to a sharp increase in global temperatures, Bank of England Governor Mark Carney said in an interview broadcast on Monday.
Around 180 flights in Germany were canceled on Monday due to cabin crew strikes at Lufthansa’s budget airline Germanwings, in a bid to put pressure on management in wage talks.
(Bloomberg) — Iraq resumed pumping at the Nasiriya oil field one day after protesters forced a halt in operations, recovering — at least for now — as widespread unrest takes its first toll on the country’s most important industry.Employees returned to work at the field in southern Iraq after authorities cleared away protesters who had cut roads to the area, Oil Ministry spokesman Asim Jihad said Monday in a statement. OPEC’s second-biggest producer maintained its overall output level during the halt by pumping more at its Basra fields to offset the loss of about 80,000 to 85,000 barrels a day …read more […]
Oil prices held on to three-month highs on Monday, underpinned by optimism over an expected China-U.S. trade deal and upbeat industrial data, while traders kept a close watch on the Middle East following a U.S. air strike.
With interest rates locked in at rock-bottom levels courtesy of the Federal Reserve’s easy-money policy after the financial crisis, companies found it cheaper than ever to tap the corporate bond market to load up on cash. Bond issuance by American companies topped $1 trillion in each year of the decade that began on Jan. 1, 2010, and ends on Tuesday at midnight, an unmatched run, according to SIFMA, the securities industry trade group. In all, corporate bond debt outstanding rocketed more than 50% and will soon top $10 trillion, versus about $6 trillion at the end of the …read more […]
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