Column: Oil and coal sectors think more fossil fuels is the solution. Probably not: Russell

LAUNCESTON, Australia, September 29 – If there’s one thing the oil and coal industries can agree on, it’s that the solution to the current global energy crisis is more fossil fuels. This was the consistent message from the biggest annual meetings of the two industries in Asia, held this week in Singapore for oil and … Read more

Analysis: Alzheimer’s drug trial breakthrough boost for Roche, Eli Lilly

Biogen and Eisai report a landmark result for an experimental drug Almost all Alzheimer’s trials have previously failed Roche and Eli Lilly drugs target the same protein as Eisai’s compound Biogen Stocks of all four drugmakers soar on news LONDON, Sept 28 (Reuters) – The results of a key trial of an Alzheimer’s drug on … Read more

UK mortgage borrowers are in for a nasty shock from soaring rates

London CNN Business — Millions of mortgage borrowers in the United Kingdom they are preparing for big increases in their monthly payments as a result of the run on the pound. Markets have been in turmoil ever since UK finance minister Kwasi Kwarteng announced the biggest tax cuts in 50 years on Friday, along with … Read more

Novartis to prioritise U.S. market, unfazed by drug pricing pushback

The logo of Swiss pharmaceutical company Novartis is seen at the company’s plant in the northern Swiss town of Stein October 23, 2017. REUTERS/Arnd Wiegmann/File photo Sign up now for FREE unlimited access to Record ZURICH, Sept 22 (Reuters) – Swiss pharmaceutical giant Novartis (NOVN.S) he said he would make growth in the United … Read more

Will Italy Start Another Round of European Sovereign Debt Crises?

text size A man stands on a terrace of the Intesa Sanpaolo building in Turin, northwestern Italy. Marco Bertorello/AFP/Getty Images About the Author: Desmond Lachman is a senior fellow at the American Enterprise Institute. Previously, he was an Associate Director in the Policy Development and Review Department of the International Monetary Fund and Chief Emerging … Read more

Europe Debt Bubble And Hyperbitcoinization – Bitcoin Magazine

The following is an excerpt from a recent issue of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis delivered directly to your inbox, subscribe now. The European energy crisis progresses In last Thursday’s dispatch, we covered the dynamics of this … Read more

Investors mixed as Porsche seeks price tag of up to $75 bln

Sign up now for FREE unlimited access to Record Volkswagen shares little changed, Porsche SE up 3.5% Porsche AG will be listed at a valuation of 70-75 billion euros The listing comes amid turmoil in European markets Cornerstone investors pledged 40% of share offering BERLIN, Sept 19 (Reuters) – Shares of Volkswagen (VOWG_p.DE) hovered … Read more

Analysis: Price hikes test Inditex’s ability to stay in fashion

Sign up now for FREE unlimited access to Record Initial prices at Zara rise 12.2% in the year to July: UBS Inditex says it will raise prices again in the second half Analysts urge caution amid signs of slowing apparel demand MADRID, Sept 15 (Reuters) – Zara owner Inditex’s strong first half results show … Read more

Continuous Cuffless Monitoring May Fuel Efforts to Lower BP

Use of a wristless cuff device to continuously monitor blood pressure (BP) was associated with significantly lower systolic BP at 6 months among hypertensive adults, real-world results from Europe show. “We don’t know what they did to lower their blood pressure,” said Jay Shah, MD, Division of Cardiology, Mayo Clinic Arizona in Phoenix. | … Read more

Turkish bank stocks’ rollercoaster ride leaves investors reeling

Morning sunlight breaks through residential homes stretching to the Istanbul skyline in Turkey June 13, 2018. REUTERS/Russell Boyce Sign up now for FREE unlimited access to Record ISTANBUL, Sept 16 (Reuters) – The dizzying volatility in Turkey’s bank shares has left investors reeling after a market rise this year, buoyed by the highest available … Read more