Sanofi has been stockpiling drugs for no-deal Brexit: WSJ
French drugmaker Sanofi has been making drug-shortage contingency plans for more than a year to prepare for Britain and the European Union failing to reach a Brexit transition deal, the Wall Street Journal reported on Tuesday, citing a source.
Wall St. bounces back, led by industrials
U.S. stocks rebounded on Tuesday, boosted by gains in industrial shares following reports of renewed trade negotiations between the United States and China.
Apple earnings beat expectations as it sells pricier iPhones
Apple Inc on Tuesday posted quarterly results that topped Wall Street targets and forecast revenue in the current quarter above expectations, driven by sales of higher-priced iPhones and revenue from services like the App Store, Apple Music and iCloud….
Mexico president-elect Lopez Obrador sees NAFTA deal soon
Mexican presidential winner Andres Manuel Lopez Obrador said on Tuesday that he expected there would be an agreement in the renegotiation of the North American Free Trade Agreement (NAFTA) in the coming days.
Mexico says dispute resolution, autos and sunset clause key to NAFTA deal
Mexico’s economy minister said on Tuesday that among the top issues to resolve in order to reach an agreement on a new NAFTA trade deal are dispute resolution, auto sector rules and the so-called “sunset clause.”
Credit Suisse charged with rigging foreign exchange rates
Credit Suisse has been charged by European Union antitrust regulators with rigging foreign exchange rates, the Swiss bank said on Tuesday, a sign that the five-year long EU investigation may reach a conclusion in the coming months.
DoubleLine’s Gundlach: Short-maturity U.S. Treasuries look attractive
Jeffrey Gundlach, chief executive of DoubleLine Capital, said on Tuesday that short-maturity U.S. Treasuries “look as good” relative to stocks and long-maturing bonds than they have in a long time.
Einhorn’s Greenlight is trying to end fund losses: letter
Billionaire investor David Einhorn, whose Greenlight Capital is nursing double-digit losses, said on Tuesday he is trying to repair the damage done by a big bet against electric carmaker Tesla, among others, but said strong stock performances have made…
L.A. prosecutors decline to pursue sex abuse charges against CBS CEO Moonves
Los Angeles prosecutors said on Tuesday that they had declined to pursue three accusations of sexual abuse against CBS Corp Chief Executive Les Moonves dating back to the 1980s because the statute of limitations had expired.
MGM Resorts signs sports betting agreement with NBA
MGM Resorts International said on Tuesday it signed an agreement with the NBA to become the basketball league’s first sports betting partner.
