Biogen’s New Boss Is Delivering, but Stock Isn’t Pricing It in Yet
The decision to buy Reata signals a new era under CEO Chris Viehbacher, and Wall Street’s skepticism presents an opportunity.
Beijing Is Still Too Confident About China’s Economy
Even after second-quarter malaise, Beijing still seems inclined to stick to half measures. That could be a historic mistake.
Small Investors Are a Big Problem in China
China’s 200-million-strong army of individual investors has turned away from the stock market.
Solar Startup GlassPoint Lands $8 Million After a Reboot
After reaching a peak valuation north of $400 million in its first incarnation, the solar-generated steam producer is back as a smaller […]
Ares Aims to Collect $2 Billion for New Infrastructure-Secondaries Fund
Ares Management is raising its first infrastructure-secondaries investment vehicle since entering the market by way of an acquisition in 2021, setting a […]
Why the FTC’s Lina Khan Is Taking on Big Tech, Even if It Means Losing
Since Lina Khan became Federal Trade Commission chair in 2021, she’s taken on Meta, Microsoft, and Amazon, and that’s made her a […]
Galp Confirms Outlook Despite Weaker Oil Prices
Galp confirmed its full-year Ebitda guidance, which it said was supported by an improved business performance and despite weaker-than-expected commodity prices.
Dollar Expected to Continue Strengthening in August
The dollar’s recovery is likely to extend into August, driven by a potential rise in inflation, Bannockburn Global Forex said.
Heineken Downgrades Outlook as Earnings Disappoint
Heineken posted below-forecast half-year earnings as it faces economic and inflationary challenges, and cut its outlook, predicting stable to mid-single digit underlying […]
Pearson Sticks to Outlook After First-Half Progress
Pearson reiterated its full-year guidance after it posted a 44% rise in adjusted operating profit, helped by revenue growth and cost efficiencies.
BT Names New CEO
BT has appointed Telia CEO Allison Kirkby as chief executive from the end of January, succeeding Philip Jansen.
US-German Bond Yield Spread Rewidening Seen Temporary
The renewed widening of yield spreads between Treasurys and Bunds should prove to be a temporary phenomenon, LBBW said.