Luxury Sector Faces Slower Sales Growth
By Andrea Figueras The luxury sector is expected to report slower sales growth when companies give quarterly updates in the coming weeks. The industry is grappling with a weaker-than-expected recovery…
Jeremy Grantham’s Advice: Focus on Quality in U.S. Investing
Introduction Jeremy Grantham, co-founder of GMO LLC, a renowned investment strategist, has cautioned against blindly investing in the U.S. market. He emphasizes the importance of considering quality, a mispriced asset…
FDA Requests Additional Testing for Device Recall
Shares of Royal Philips have experienced a sharp decline following an announcement from the U.S. Food and Drug Administration (FDA) expressing dissatisfaction with the status of the company's recall of…
Google and Apple Face $51 Million Fine in South Korea
South Korea's telecom regulator plans to fine Alphabet's Google and Apple a total of $51 million for allegedly abusing their market dominance and breaching the country's mobile-payment regulations. The Korea…
Canada’s International Reserves Decline in September
Canada's official international reserves saw a decrease of $2.24 billion in September, primarily due to a net loss on investments, according to the federal finance department. As of September 30,…
Canada’s International Reserves Decline in September
Canada's official international reserves saw a decrease of $2.24 billion in September, primarily due to a net loss on investments, according to the federal finance department. As of September 30,…
Late-Stage Study of Merck & Co.’s Keytruda Shows Promising Results for Bladder Cancer Patients
A recent Phase 3 study conducted by Merck & Co. has demonstrated positive outcomes for patients with an advanced form of bladder cancer who were treated with Keytruda, the company's…
Late-Stage Study of Merck & Co.’s Keytruda Shows Promising Results for Bladder Cancer Patients
A recent Phase 3 study conducted by Merck & Co. has demonstrated positive outcomes for patients with an advanced form of bladder cancer who were treated with Keytruda, the company's…
Challenges Faced by Electric Truck Maker Rivian as Shares Fall
Shares of electric truck manufacturer, Rivian Automotive (ticker: RIVN), took a hit in premarket trading on Thursday following disappointing guidance and the company's announcement of plans to raise additional funds.…
Health-care Companies Rebound as Growth Stocks Regain Favor
Health-care companies experienced a resurgence as traders showed renewed interest in some of the growth stocks that previously led the market before a recent downturn. Eli Lilly Announces Retirement Plans…
On Holding Sets Ambitious Targets for Revenue Growth
The specialist sneaker maker, On Holding (ticker: ONON), has unveiled its new three-year targets, signaling optimism in the face of challenges impacting consumer spending. As part of its first investor…
U.S. Crude Inventories Decrease, Gasoline Supply Increases
The Energy Information Administration (EIA) has recently released a report on the state of crude oil inventories in the United States. The data reveals that commercial crude stocks have dropped…
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