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Category: Small Business

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Small Business

Asia-Pacific markets mixed; eyes turn to Fed minutes, U.S. inflation data

October 11, 2023
Asia-Pacific markets mixed; eyes turn to Fed minutes, U.S. inflation data

Nikada Japan +0.60%. The Reuters Tankan sentiment index for manufacturers in Japan stood at +4 in October 2023, unchanged from the previous month. China -0.06%.

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Small Business

Asia-Pacific markets mostly in green on dovish Fed’s remark; eyes on Middle-East conflicts

October 10, 2023
Asia-Pacific markets mostly in green on dovish Fed’s remark; eyes on Middle-East conflicts

tadamichi Japan +2.56%. Japan’s current account surplus fell to JPY 2.280 trillion in August 2023 from JPY 2.772 trillion in July, misses forecast. China -0.52%.

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Small Business

Bristol-Myers Squibb to acquire Mirati Therapeutics for $4.8B

October 9, 2023
Bristol-Myers Squibb to acquire Mirati Therapeutics for .8B

Drew Angerer/Getty Images News Bristol-Myers Squibb (NYSE:BMY) agreed to purchase cancer drug maker Mirati Therapeutics (NASDAQ:MRTX) for about $4.8 billion. Bristol-Myers (BMY) agreed to acquire

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Small Business

The end of the luxury supercycle is near, says BMO

October 8, 2023
The end of the luxury supercycle is near, says BMO

tupungato Luxury goods makers could be in for a rude awakening as a luxury supercycle that has boosted many of their stock prices could be

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Small Business

ALX Oncology stock rockets 27% after being halted for volatility (NASDAQ:ALXO)

October 7, 2023
ALX Oncology stock rockets 27% after being halted for volatility (NASDAQ:ALXO)

Marcio Silva Shares of ALX Oncology (ALX) rocketed in late afternoon trading Friday to close 27% higher after being halted for volatility. ALX shares opened

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Small Business

Crude oil slides again but Goldman Sachs sees recent drop as short-lived (NYSEARCA:USO)

October 6, 2023
Crude oil slides again but Goldman Sachs sees recent drop as short-lived (NYSEARCA:USO)

SlavkoSereda/iStock via Getty Images Crude oil futures extended their decline Thursday to their lowest prices since August, a day after data showing a spike in

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Small Business

US mortgage rates hit 21-year high, impacting housing market By Investing.com

October 5, 2023
US mortgage rates hit 21-year high, impacting housing market By Investing.com

Mortgage rates in the United States have reached a 21-year peak, surpassing 7.5% for the first time since November 2000, according to data from the

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Small Business

Blackstone funds legal action over soured Bain Capital deal

October 4, 2023
Blackstone funds legal action over soured Bain Capital deal

Blackstone is paying for a law firm known for high-stakes litigation to investigate whether it can recoup losses of more than €200mn on a loan

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