Novo Nordisk to buy Cardior Pharmaceuticals for up to $1.1 billion By Reuters
© Reuters. FILE PHOTO: A view of the logo of Novo Nordisk at the company’s office in Bagsvaerd, on the outskirts of Copenhagen, Denmark, March 8, 2024. REUTERS/Tom Little COPENHAGEN (Reuters) – Denmark’s Novo Nordisk (NYSE:) on Monday said it has agreed to buy Cardior Pharmaceuticals for up to 1.03 billion euros ($1.11 billion) to […]
EU top court backs Audi in trademark dispute with spare parts firm By Reuters
© Reuters. Audi AG logo is pictured during the 63rd Annual General Meeting of Volkswagen AG in Berlin, Germany May 10, 2023. REUTERS/Annegret Hilse/ File Photo BRUSSELS (Reuters) – The European Union’s top court has ruled in favour of Volkswagen (ETR:)’s Audi in a dispute that could limit the ability of spare parts manufacturers to […]
China’s Huawei, Changan Auto to form joint auto systems venture By Reuters
© Reuters. FILE PHOTO: A Chinese flag flutters near a Huawei store in Shanghai, China September 8, 2023. REUTERS/Aly Song/File Photo BEIJING (Reuters) – Huawei has joined with Chinese carmaker Chongqing Changan Automobile to set up a company engaged in the research and development, design, and sales of intelligent automotive systems and component solutions, according […]
OpenAI considering share sale at a valuation between $80B and $90B
© Reuters. OpenAI considering share sale at a valuation between $80B and $90B – WSJ OpenAI is reportedly in discussions with investors regarding a share sale that could value the company between $80 billion to $90 billion, a substantial increase from its earlier valuation this year, the Wall Street Journal reports. The rumored valuation is […]
Malaysia reverses plan to take legal action against Meta over harmful content By Reuters
© Reuters. Malaysian Communication Minister Fahmi Fadzil speaks during an interview at Kuala Lumpur, Malaysia July 28, 2023. REUTERS/Hasnoor Hussain (Corrects spelling of ‘conservative’ in paragraph 8) By Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysia may not go through with a plan to take legal action against Facebook (NASDAQ:) parent Meta Platforms following “positive” engagement with […]
France inaugurates first of four gigafactories in the north By Reuters
4/4 © Reuters. French Finance Minister Bruno Le Maire visits the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, during its inauguration in Billy-Berclau-Douvrin, northern France, May 30, 2023. REUTERS/Pascal Ros 2/4 BILLY-BERCLAU, France (Reuters) – France will inaugurate on Tuesday a battery-making gigafactory, the first of four such […]
Huawei posts slump in annual profit but ekes out revenue growth By Reuters
© Reuters. FILE PHOTO: A logo of Huawei Technologies is seen at its exhibition space, at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France June 15, 2022. REUTERS/Benoit Tessier= By David Kirton SHENZHEN, China (Reuters) – China’s Huawei Technologies Co Ltd said net profit slumped […]
Ryanair sees “robust” travel demand over Easter, summer holidays By Investing.com
© Reuters By Scott Kanowsky Investing.com — Ryanair Holdings PLC (IR:) says it expects to see strong passenger demand over its key Easter and summer travel seasons, as more tourists from Asia and North America return to Europe due to the reopening of China’s economy and recent strength in the . In a statement unveiling its […]
Marriott International: Cozy Fundamentals With A Costly Stock (NASDAQ:MAR)
Spencer Platt/Getty Images News Marriott International, Inc. (NASDAQ:MAR) continues demonstrating its resilience with its outstanding performance this quarter. Its operations remain unfazed despite the risks of inflation. Its efficiency and increased business and leisure travel drive its solid recovery. Yet, it must not be complacent since recessionary headwinds may hamper its rebound. Nevertheless, its solid […]
Coppock Curve: Who Says ‘You Can’t Time The Market’?
sankai It’s popular on Wall Street to say, “you can’t time the market.” However, just because most people are bad at it doesn’t mean the tools don’t exist to do it fairly well. In fact, there is one market timing tool in particular that long-term investors should pay close attention to and that is the […]