Posts filtered by tags: Fbn/markets[x]


China's trade rises as economy recovers from virus slump

Imports of U.S. goods surged despite tariff hikes in a fight with Washington over trade and technology
Tags: Washington, Finance, China, Article, Associated Press, FBN, Fbn/markets, Fox-business/markets/china, Fox-business/economic-indicators, Fox-business/topic/coronavirus, Acbde916-2da5-5938-8ca2-1b4d842c2a22

Trump administration to end audit deal underpinning China's stock listings in U.S

The Trump administration plans to soon scrap a 2013 agreement between U.S. and Chinese auditing authorities, a senior State Department official said, a move that could foreshadow a broader crackdown on U.S.-listed Chinese firms under fire for sidestepping American disclosure rules.
Tags: Finance, China, Article, State Department, Trump, Reuters, FBN, Fbn/markets, Fox-business/markets, Fox-business/markets/china, Fox-business/politics/trade-war, Fox-business/person/donald-trump, 77be5bed-cc09-54a7-a7f9-5636231ae983

Pfizer, BioNTech's COVID vaccine candidates fast tracked by FDA

The U.S.-listed shares of the German firm climbed about 10%, while Pfizer’s stock rose about 2% before the bell.
Tags: Finance, Article, Fda, Pfizer, Reuters, FBN, Fbn/markets, Fox-business/health-care, Fox-business/topic/coronavirus, B7a19486-1f0e-5554-8b1d-c03458c2f55f

Electric car maker Fisker to go public with $2.9B valuation

Electric car maker Fisker will go public through a merger with a blank-check company backed by alternative investment manager Apollo Global Management Inc at a valuation of $2.9 billion, the companies said on Monday.
Tags: Finance, Article, Reuters, Fisker, FBN, Fbn/markets, Fox-business/industries/auto, Fox-business/investing-and-transactions, Fox-business/markets/ipos, Apollo Global Management Inc, 96aae44f-ef71-5a3d-8623-66a6fa79fe6b

PepsiCo beverage sales slide amid coronavirus lockdowns

PepsiCo reported second-quarter sales slid 3.1 percent from a year ago as consumers stocked up on snacks and bought fewer beverages amid the COVID-19 pandemic.
Tags: Finance, Article, Pepsico, FBN, Fbn/markets, FOXBusiness, Fox-business/markets/stocks, Fox-business/markets/earnings, Fox-business/markets/us-markets, Jonathan Garber, Fox-business/lifestyle/food-drinks, Fox-business/topic/coronavirus, Fox-business/organization/pepsico, Dd6ac2e6-540c-5f65-bcc4-2876e0e382e1

Goya 'buy-cott' begins as customers load up on product after Trump backlash

Goya Foods touted its charitable giving on Friday after calls for a boycott. Now some on social media are encouraging shoppers to buy the companies products for themselves or their local food bank.
Tags: Finance, Article, Goya, Trump, FBN, Goya Foods, Fbn/markets, FOXBusiness, Fox-business/industries/retail, Evie Fordham, Fox-business/lifestyle/food-drinks, Fox-business/person/donald-trump, 8717fce8-0ced-5f54-8e09-e062df7e8eeb

Record high level of new coronavirus infections in Florida

Florida on Sunday reported the largest single-day increase in positive coronavirus cases in any one state since the beginning of the pandemic.
Tags: Florida, Finance, Article, Associated Press, FBN, Fbn/markets, Fox-business/news, Fox-business/topic/coronavirus, 3dc56b05-56d6-5205-906c-d360b9c2993c

Coronavirus hotspots should consider rolling back reopening: Johns Hopkins doctor

Dr. Tom Inglesby of Johns Hopkins University said the U.S. is seeing a "really serious" surge in coronavirus cases that has caused an increase in the country's death toll. 
Tags: Finance, Article, Johns Hopkins, FBN, Johns Hopkins University, Fbn/markets, FOXBusiness, Fox-business/health-care, Lucas Manfredi, Fox-business/topic/coronavirus, Tom Inglesby, 63aee27a-9395-5e84-810d-73043a17e5d7

OPEC, allies set to ease oil cuts, seeing pandemic recovery

Key members of the Organization of the Petroleum Exporting Countries and its Russia-led allies are set to meet via web conference Wednesday to debate the group's current and future production.
Tags: Finance, Russia, Opec, Article, The Wall Street Journal, Organization of the Petroleum Exporting Countries, FBN, Fbn/markets, Fox-business/markets/oil, Fox-business/industries/energy, Fox-business/markets/commodities, Fox-business/topic/coronavirus, Bd4e66e6-4b59-5e31-8b53-7dc73e3ce0da

Tesla slashes Model Y SUV price as coronavirus weighs on auto sector

Tesla Inc cut the price of its sport utility vehicle Model Y by $3,000, just four months after its launch, as the U.S. electric carmaker seeks to maintain sales momentum in the COVID-19 pandemic.
Tags: Finance, Tesla, Article, Reuters, FBN, Fbn/markets, Fox-business/industries/auto, Tesla Inc, Fox-business/technology/tesla, Fox-business/lifestyle/cars, A2b71545-4203-5fb2-a55d-08fd7438bd78

India's Biocon secures approval use drug on coronavirus patients

India’s Biocon Ltd has received regulatory approval for its drug Itolizumab to be used on coronavirus infected patients suffering from moderate to severe respiratory distress, the biopharmaceutical company said in a statement on Saturday.
Tags: Finance, India, Article, Reuters, FBN, Fbn/markets, Fox-business/health-care, Fox-business/markets/asia, Biocon Ltd, Biocon, Fox-business/technology/health-care-tech, Fox-business/topic/coronavirus, Ccf265c9-d794-5117-85c1-be4f17a0d43f

Coronavirus vaccine could tilt election toward Trump by energizing stock market

The S&P 500 has rallied 42 percent from its March 23 low, but the momentum has stalled over the past week as the number of daily COVID-19 infections reached the highest level on record.
Tags: Finance, Article, Trump, FBN, Fbn/markets, FOXBusiness, Fox-business/markets/stocks, Fox-business/markets/us-markets, Jonathan Garber, Fox-business/person/donald-trump, Fox-business/topic/coronavirus, COVID, Fox-business/person/joe-biden, 96aba683-a71a-55cf-99b3-84a18f4827d7

Chinese banks must brace for surge in bad loans, regulator says

China’s banks should brace for a big jump in bad loans due to coronavirus-induced economic pain, the financial regulator said on Saturday, noting the deterioration of asset quality at some small and mid-sized financial institutions was accelerating.
Tags: Finance, China, Article, Reuters, FBN, Fbn/markets, Fox-business/markets/china, fox-business/industries/Financials, Fox-business/topic/banking, Fox-business/topic/coronavirus, 2aed547d-d433-55a7-b8c4-c9a79ca745b9

Bill Gates calls for COVID-19 meds to go to people who need them, not 'highest bidder'

Billionaire philanthropist Bill Gates called for COVID-19 drugs and an eventual vaccine to be made available to countries and people that need them most, not to the “highest bidder,” saying relying on market forces would prolong the deadly pandemic.
Tags: Finance, Article, Bill Gates, Reuters, FBN, Fbn/markets, Fox-business/health-care, Fox-business/business-leaders, Fox-business/technology/health-care-tech, Fox-business/topic/coronavirus, Fox-business/person/bill-gates, 9627629a-29a2-52cf-8594-184d9ac32f05

Stocks battle higher as coronavirus treatment shows promise

A study found Gilead Science's drug remdesivir reduced the risk of death for COVID-19 patients by 62 percent.
Tags: Finance, Article, FBN, Gilead, Fbn/markets, FOXBusiness, Fox-business/markets/stocks, Fox-business/markets/earnings, Fox-business/markets/us-markets, Jonathan Garber, Fox-business/topic/coronavirus, E147ceb5-707d-5871-bb0b-12bca1acfda8

Carnival sales plunge 85% as coronavirus docks ships

The Miami-based cruise operator’s revenue plunged 85 percent from a year ago to $740 million, driving its loss to $6.07 per share.
Tags: Finance, Article, Miami, FBN, Fbn/markets, FOXBusiness, Fox-business/markets/stocks, Fox-business/markets/earnings, Fox-business/markets/us-markets, Jonathan Garber, Fox-business/topic/coronavirus, 296065c7-6c29-51c9-a1b3-0a0dced042b3

Tesla stock skeptics burn $18B with bad bets

Tesla short-sellers have lost $18.1 billion this year as the electric-car marker's stock price surged, according to S3 Partners.
Tags: Finance, Tesla, Article, FBN, Fbn/markets, FOXBusiness, Fox-business/markets/stocks, Fox-business/markets/us-markets, Fox-business/technology/tesla, Fox-business/business-leaders/elon-musk, Jonathan Garber, 3a21860b-3516-5b71-abd2-1c3b9f8a286a

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