[ad_1] NEW YORK (Reuters) – Wall Street led global stocks higher on Thursday on the back of upbeat economic data, while the dollar rallied despite the Federal Reserve’s uber-dovish stance as Brexit worries weighed on
Fund managers skittish over Levi’s long-term growth prospects
[ad_1] NEW YORK (Reuters) – Levi Strauss & Co’s is betting it can convince investors there is still plenty of global growth left for the 165-year old company, but fund managers fret the iconic blue
China’s Geely Auto promises more models to support sales in uncertain domestic market
[ad_1] BEIJING (Reuters) – China’s Geely Automobile Holdings said on Thursday that it will invest more in new energy vehicles and higher-end models after forecasting flat sales in 2019 due to uncertainty about domestic demand.
Rising no-deal Brexit fears pile pressure on pound
[ad_1] LONDON (Reuters) – The pound plunged on Thursday and was heading for its biggest one-day fall this year on growing fears of a “no-deal” Brexit should British lawmakers hold firm in their rejection of
Biogen scraps two Alzheimer drug trials, wipes $18 billion from market value
[ad_1] CHICAGO/TOKYO (Reuters) – Biogen Inc and partner Eisai Co Ltd are ending two late-stage trials of their experimental Alzheimer’s disease drug aducanumab, a major setback in the quest to find a treatment for the
U.S. labor market solid; manufacturing sector slowing
[ad_1] WASHINGTON (Reuters) – The number of Americans filing applications for unemployment benefits fell more than expected last week, pointing to still strong labor market conditions, though the pace of job growth has slowed after
Biogen scraps Alzheimer drug trials, wiping $17 billion off its market value
[ad_1] (Reuters) – Biogen and partner Eisai Co Ltd are ending two late-stage trials for the experimental Alzheimer’s drug aducanumab, in a setback to efforts to find treatments for the disease and for Biogen’s stock,
Wall St. falls at open after Fed’s abrupt dovish turn
[ad_1] FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2019. REUTERS/Brendan McDermid (Reuters) – U.S. stocks opened lower on Thursday, after the Federal
Subsidiary of debt-laden IL&FS misses payment due to insufficient funds
[ad_1] MUMBAI (Reuters) – India’s IL&FS Transportation Networks Ltd said in a filing on Thursday that it missed some 209 mln rupees ($3 million) in principal and interest payments due on March 18 because of
Oil slips but holds near 2019 peak as supplies tighten
[ad_1] LONDON (Reuters) – Oil edged lower on Thursday but held near 2019 highs, supported by a sharp tightening of global stocks, OPEC production cuts and U.S. sanctions on key producers Iran and Venezuela. FILE