Orexo soars after winning opioid drug appeal against Teva
A U.S. appeals court on Monday revived Swedish pharmaceutical company Orexo AB’s lawsuit accusing a unit of Israel’s Teva Pharmaceutical Industries Ltd of infringing a patent for its opioid addiction drug Zubsolv.
Ryanair bars journalists from AGM as pilot dispute rumbles on
Ryanair on Monday barred all media from reporting at its annual shareholder meeting next week, saying the move is to allow shareholders to raise matters freely with the board without discussions being “distorted”.
Golden Knights acquire Pacioretty from Canadiens
The Vegas Golden Knights acquired All-Star forward Max Pacioretty from the Montreal Canadiens late Sunday night in exchange for Tomas Tatar, prospect Nick Suzuki and a second-round pick in the 2019 NHL Entry Draft.
European F-35 fighter jet users push to drive down operating costs
The U.S. military and European operators of the radar-evading F-35 fighter jet have agreed to work together more closely to help lower the cost of operating the new warplanes as growing numbers arrive in Europe, officials said.
S&P, Nasdaq edge higher on tax optimism despite Apple drag
The benchmark S&P 500 and the Nasdaq edged higher on Monday, lead by industrial stocks, on optimism for further tax relief, although a drop in Apple kept gains in check.
Oil pulls back on concerns U.S. inventories are building
Oil prices were mixed on Monday, pulling back from an early rally after data suggested U.S. crude inventories might build, weighing on the market.
Fuel shippers request FERC to expedite hearing on Colonial Pipeline rates
Chevron, Valero and Delta Air Lines urged U.S. regulators to expedite a hearing on the fee structure of the largest fuel pipeline in the United States that they allege is costing them millions of dollars.
New York regulator approves Winklevoss, Paxos dollar-linked tokens
New York state on Monday approved Gemini Trust Company’s and Paxos Trust Company’s dollar-linked digital currencies, the first stablecoins to get the nod from the region’s regulator.
U.S., Europe optimism helps global stock index dodge trade war dread
An index of global stock markets rose on Monday for the first time in eight trading sessions on optimism about policy from Italy to the United States, dodging anxiety about the U.S.-China trade war.
Hedge fund Tiger Global ups stake in Fiat Chrysler to $1 billion: filing
U.S. hedge fund Tiger Global Management has raised its stake in Fiat Chrysler Automobiles to 873.3 million euros ($1 billion), a recent filing with the Dutch regulator showed.
