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By Mike Spector and Dietrich Knauth (Reuters) -Johnson & Johnson plans to pay an additional $1.1 billion to resolve tens of thousands of legal actions alleging its baby powder and other talc products caused cancer, two people familiar with the matter said. The increase would boost the size of the…
By Seher Dareen and Shariq Khan NEW YORK (Reuters) – Global jet fuel demand is poised to soften as a slowdown in consumer spending hits travel budgets, a shift that could weigh on oil prices in the months ahead. Global oil demand has struggled to meet expectations in the first…
Investing.com — Shares of Groupon Inc (NASDAQ:) are trading higher midday Wednesday, up nearly 7%, as both Wall Street’s analysts, as well as some of its biggest shareholders voice strong support for the company. Northland Initiates at Outperform, $22 Price Target Today, analysts at Northland Capital Markets initiated coverage of…
By Wayne Cole SYDNEY (Reuters) – Asian stocks traded in a narrow range on Tuesday, as investors pondered fresh political uncertainty in European markets after right-wing gains in elections and a snap poll in France revived concerns about the cohesion of the bloc. Moves were modest, with MSCI’s broadest index…
Investing.com – European stock markets rose Friday, as stronger-than-expected U.K. growth data added to the wider positive sentiment.At 03:05 ET (07:05 GMT), the in Germany traded 0.4% higher, the in France traded 0.5% higher, while the in the U.K. climbed 0.4%.Britain exits recession in first quarterEuropean markets are ending the…
Cathie Wood’s ARK ETFs have published their daily trades for Tuesday, March 26th, 2024, showcasing a series of strategic adjustments across various sectors. The most significant acquisition for the day was in the biotech sphere, with ARK’s ARKK ETF purchasing 72,800 shares of Moderna Inc (NASDAQ:), amounting to a total…
By Giulia Paravicini, Jonathan Saul and Abdiqani Hassan MOGADISHU (Reuters) – As a speed boat carrying more than a dozen Somali pirates bore down on their position in the western Indian Ocean, the crew of a Bangladeshi-owned bulk carrier sent out a distress signal and called an emergency hotline. No…
