Asia stocks jump on US inflation relief, BoK surprises by keeping rates steady
Investing.com– Asian stocks rose sharply on Thursday as markets cheered a softer U.S. inflation reading, while South Korea’s central bank left interest rates unchanged despite expectations of a cut amid political unrest. Regional markets took cues from an overnight surge in
Senators demand US trade chief Tai halt late talks on investor protections
By David Lawder WASHINGTON (Reuters) -A bipartisan group of U.S. senators on Wednesday called on U.S. Trade Representative Katherine Tai to stop “secret negotiations” with Mexico, Canada and Colombia that they say would weaken investor protections in some U.S. free trade
Azul, Gol inch closer to potential tie-up to form major Brazil airline
By Gabriel Araujo SAO PAULO (Reuters) – Azul and Gol, two of Brazil’s largest airlines, are moving a step closer to a sweeping merger that would create a dominant carrier in Latin America’s No. 1 economy, a securities filing showed on
Novartis wins temporary pause to Entresto generic launch in US
By Blake Brittain WASHINGTON -A federal appeals court temporarily paused drugmaker MSN Pharmaceuticals’ launch of a generic version of Novartis (SIX:NOVN)’ blockbuster heart-failure drug Entresto late on Wednesday. The U.S. Court of Appeals for the District of Columbia Circuit halted
Toyota shares dip on $1.6 bln US emissions fraud settlement
Investing.com– Toyota Motor (TYO:7203) shares fell in Japanese trade on Thursday after a unit of the automaker pled guilty and agreed to pay over $1.6 billion to settle an emissions fraud case with the U.S. Department of Justice. Toyota’s shares fell 2.2%