Business
JD Health Plans To Raise $3.5 Billion In Hong Kong IPO - Term Sheet
JD Health International Inc is seeking to raise up to $3.5 billion by selling 381.9 million shares in a range of HK$62.80 and HK$70.58 at its Hong Kong initial public offering (IPO), according to a term sheet obtained by Reuters.
Trump Hails Dow Jones Industrial Average Crossing Record 30,000 Mark
In a brief speech, US President Donald Trump congratulated the public on the Dow Jones Industrial Average hitting a historic record of 30,000 points. I just want to congratulate everybody. The stock market Dow Jones Industrial Average just hit 30,000 whi...
Lufthansa To Raise $1.2 Billion From Junk Bond Markets
Lufthansa is set to raise 1 billion euros ($1.2 billion) through its first conventional bond issue since the onset of the coronavirus crisis, a lead manager said.
ECB Should Weigh Taking Longer To Hit Inflation Target: Schnabel
The European Central Bank should consider taking longer to raise inflation to target as ultraeasy policy is constrained, faces unintended sideeffects and as the bank struggles to maintain public trust, ECB board member Isabel Schnabel said on Tuesday.
Closing Prices For Crude Oil, Gold And Other Commodities
Benchmark U.S. crude oil for December delivery rose 91 cents to $43.06 a barrel Monday. Brent crude oil for January delivery rose $1.10 to $46.06 a barrel.
Asian Shares Rise As Vaccine Hopes Inject Relief
Asian shares rose on Monday, pushing a broad regional index to a record high as investors pinned their hopes for economic revival on coronavirus vaccines, even as the world contends with surging case numbers and delays to fresh U.S. stimulus.
Asian Shares Rise As Investors Count On Vaccine Relief
Asian shares climbed on Monday, with a broad regional index touching a record high on hopes for imminent coronavirus vaccines, but worries over the impact of economic lockdowns and uncertainty over U.S. stimulus capped gains.
Lobster Biz Hopes For Stability After Tumultuous Trump Era
President Donald Trump positioned himself as a friend of New England's lobstermen, but members of the industry said they are looking forward to something that has been lacking in the crustacean business: stability.
Boeing 737 MAX Jets Undergo Round-the-clock Effort To Clear Inventory
The future of Boeing Co's freshly approved 737 MAX is in the hands of nearly 700 workers toiling behind the gray doors of a threebay hangar at a desert airport in Washington state.
Britain And Canada Agree Post-Brexit Rollover Trade Deal
Britain and Canada struck a rollover trade deal on Saturday to protect the flow of $27 billionworth of goods and services between them after Brexit, and vowed to start talks on a bespoke agreement next year.
Saudi FDI Up In First Half Of 2020 As Economy Shows Resilience - Minister
Saudi Arabia's Minister of Investment Khalid alFalih said on Saturday foreign direct investment (FDI) increased by 12% in the first half of 2020 compared with the same period last year.
Adityanath Reviews Ganga Expressway Project
After Purvanchal and Bundelkhand expressways, Uttar Pradesh Chief Minister Yogi Adityanath directed officials on Friday to start work on the Rs 36,410-crore Ganga Expressway from Meerut to Allahabad by next year, according to a statement. Reviewing the...
U.S. Coronavirus Wildfire Hitting Jobs As Broad Recovery Trudges On
The most intense U.S. coronavirus outbreak yet appears to have slowed hiring and may have begun to drag on retail spending on the cusp of the holiday shopping season, even as overall economic activity proves more resilient than in the spring.
Nvidia Forecasts Strong Holiday Revenue As Pandemic Bolsters Video Game Market
Nvidia Corp forecast fourthquarter revenue above Wall Street expectations on Wednesday, betting on robust demand for its graphic chips for gaming devices and data centers.
La-Z-Boy, Pfizer Rise; Lowe's, PaySign Fall
Stocks that moved heavily or traded substantially Wednesday:
Wall Street Closes Lower As Shutdown Worries Overshadow Vaccine Hopes
U.S. stocks lost substantial ground at the close of a seesaw session on Wednesday as investors weighed encouraging vaccine developments against surging COVID19 infections and lockdowns.