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Way elephant, cesta slona Daily stock market news for retail investors. Denní zprávy z akciového trhu pro drobné investory

14/05/2021

13.05.2021

Federal regulators approved Boeing’s proposed remedies for an 737 MAX electrical problem that U.S. airlines must complete before returning aircraft to service

Wendy's raises its annual forecast for earnings as the burger chain gets ready for customers to return to its restaurants with new launches

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21/04/2021

21.04.2021

Intel ducked getting hit with another multibillion-dollar damage award after a federal jury cleared it of claims it was infringing patents formerly owned by NXP Semiconductors

Uber will expand its food-delivery service to Germany in the coming weeks, taking on Just Eat Takeaway which dominates the market

Shell to trial use of hydrogen fuel cells for ships in Singapore

UBS upgrades PepsiCo to buy, calling stock a 'story of consistency and proven ex*****on'.

Netflix subscriber growth slows after pandemic boom, shares fall 11%

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20/04/2021

19.04.2021

AB InBev will use solar power to brew Michelob Ultra beer in its latest effort to appeal to younger, more environmentally conscious consumers

Clean Energy Fuels Corp. ( $CLNE ) jumped more than 18% after the company reached an agreement with Amazon ( $AMZN ).

Coca-Cola beats earnings estimates, signals recovery from COVID-19 pandemic

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18.04.2021BP will reportedly spend about $1.3 billion to build a network of pipes and other infrastructure to collect an...
18/04/2021

18.04.2021

BP will reportedly spend about $1.3 billion to build a network of pipes and other infrastructure to collect and capture natural gas produced as a byproduct from oil wells in the Permian Basin

Uber reported record monthly bookings for March for its entire business, including rides and food delivery, as Covid-19 vaccination rates accelerated across the U.S.

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investiční výhledy

03/03/2021

03.03.2021

Nasdaq ends sharply lower as investors sell high-flying tech stocks and pivot to sectors viewed as more likely to benefit from an economic recovery

Johnson & Johnson's Covid-19 vaccine is now being rolled out and its expected supply has pushed up the timeline and number of total vaccinations in the United States. The U.S. could on track to have enough vaccines for every American by the end of May.

GlaxoSmithKline and Vir Biotechnology halt enrollment in a late-stage study of a Covid-19 antibody therapy on the recommendation of an independent monitoring board

Sands to leave Las Vegas as it agrees to sell strip assets for $6.25 billion

Macy’s On Path To Be A Digital Retailer Within Three Years

Zoom continued to show strong momentum in its latest quarter, fueling optimism that the company can keep winning new customers even once employees can more easily return to their offices.

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28/01/2021

28.01.2021

Apple just delivered its largest quarter by revenue of all time at $111.4 billion in Q1. And the iPhone is booming: Q1 Sales were up 17% year-over-year. 5 experts weigh in on what's next for the company.

GameStop ( $GME ), AMC Entertainment ( $AMC ), and other heavily shorted stocks dropped sharply as brokerage platforms restricted trading.

Chevron and Reliance are meeting with U.S. officials to request a rollback of some of Trump administration’s restrictions against Venezuela’s industry

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26/01/2021

26.01.2021

DraftKings ( $DKNG ) is upgraded to buy at Goldman Sachs, which says 'gaming's digital renaissance is still in its nascent stage.'

Pizza Hut ( $YUM ) added a new $11 Detroit-style pizza to its menu as demand for the product rises. 'It's no longer a Midwest-only thing' an executive said.

These are 50 companies to watch this year

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14/01/2021

14.01.2021

Biden will unveil a $1.9 trillion Covid-19 relief package, according to two people familiar with the matter

Shares of Poshmark (POSH) soared more than 140% during the first minutes after its IPO. Shares of the social marketplace for second-hand goods opened at $97.50, about 130% higher than its IPO price of $42 each.

Target reported a 17.2% rise in comparable sales during the holiday season. Digital sales more than doubled as customers shopped across all its major categories including home goods, electronics and beauty products. More here:

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12/01/2021

12.01.2021

The drugmaker expects its current pipeline of drugs could generate $25 billion in annual revenue and sees opportunities for more acquisitions.

Visa is abandoning its $5.3 billion planned acquisition of fintech company Plaid in the face of a DOJ antitrust lawsuit that challenged the deal

AT&T is in early discussions with a group of banks to raise $14 billion to help buy more 5G airwaves

Advanced Micro Devices ( $AMD ) announced a new generation of mobile and desktop gaming chips at CES.

General Motors Co. is making a push into electric commercial-delivery vehicles starting this year with a new wholly owned company called BrightDrop that not only supplies battery-powered vans but also offers fleet-management services.

Zoom is seeking to raise $1.5 billion through a stock offering, capitalizing on surging demand for the video-conferencing platform during pandemic

Abbott Labs rolls out its BinaxNOW rapid Covid-19 test to schools and workplaces nationwide

Carmaker Nio is 'well positioned' to capture a lot of China's electric vehicle market, analyst says

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11/01/2021

11.01.2021

Intel's ( $INTC ) Mobileye says its laser sensors will make self-driving cars cheap enough to mass produce and sell to retail buyers by 2025.

Sanofi buys Kymab for up to $1.5 billion to expand in immunotherapy

EasyJet agrees to new $1.87 billion five-year loan. The carrier added that it will repay and cancel its $500 million revolving credit facility and term loans of around 400 million pounds ($542.6 million). The company said this will free up a number of aircraft assets.

Chinese internet giant Baidu has formed a strategic partnership with automaker Geely to create a standalone electric vehicle company. Geely will be responsible for the manufacturing of the vehicles, and Baidu will focus on the software and technology for the car. Domestic electric automaker Nio, Li Auto and Xpeng Motors, all reported a surge in deliveries for December. Baidu is hoping to get in on some of the action.

Oil opened the week steady near $52 a barrel as investors weighed prospects for a huge stimulus package from the incoming Biden administration to fight the economic toll of the coronavirus outbreak

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09/01/2021

09.01.2021

Boeing 737 With 62 Aboard Missing After Takeoff From Jakarta

Chinese automaker BYD, backed by billionaire Warren Buffett, is selling far more luxury electric sedans a month than the leading start-ups in the country.

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08/01/2021

08.01.2021

Germany's Deutsche Bank (DE:DBKGn) is expected to agree to pay more than $100 million to settle charges related to allegedly violating anti-bribery laws as it tried to win business in places like China, The New York Times reported on Friday.

WD-40 ( $WDFC ) shares rose after they reported fiscal first-quarter earnings that nearly doubled.

Pfizer and BioNTech say COVID-19 vaccine neutralizes mutation found in new U.K., South Africa variants

Walgreens said gains from delivering Covid-19 vaccines are likely to be offset by pandemic restrictions and people skipping routine care and generally avoiding stores

Tencent has increased its stake in Chinese online grocery startup Xingsheng Youxuan, investing $100 million at a valuation of about $5 billion

Hyundai shares surged as much as 18%, the most intraday since 1988, after a report said the carmaker was in talks with Apple to cooperate on developing self-driving vehicles

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07/01/2021

07.01.2021

BItcoin topped $40,000 for the first-time on Thursday

Chinese EV startup Nio aims to become the Tesla of China

Daimler AG (DE:DAIGn)'s on Thursday unveiled a new "Hyperscreen" display that will cover almost the entire dashboard of its luxury Mercedes-Benz models, in a bid to outdo Tesla (NASDAQ:TSLA) Inc's large touchscreen infotainment system that has been a hallmark of the electric carmaker's success.

Applications for U.S. state unemployment benefits remained at elevated levels in the final week of 2020, indicating the labor market remains battered with the pandemic dragging on

Plug Power (PLUG) -shares surged Thursday after South Korean conglomerate SK Group said it will invest $1.5 billion in the hydrogen fuel-cell maker.

T-Mobile expanded its 5G network leadership and now reaches 280 million people. The company surpassed its aggressive goal to cover 100 million Americans with Ultra Capacity 5G’s super-fast speeds by the end of 2020, reporting that 106 million Americans now have access to its 5G capabilities.

General Motors Co. in 2020 dethroned rival Ford Motor Co. in Detroit’s closely watched “truck wars,” securing the top slot in the lucrative market for large pickup trucks. For the first time since 2015, GM outsold Ford in large pickup trucks, a category that generates the bulk of global profits for each auto maker.

Walgreens Accelerates Investment in VillageMD to Ramp Up Rollout of Clinics

Ryanair slashes annual traffic forecast as fresh lockdowns hit

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06/01/2021

06.01.2021

National Guard Mobilized To Quell Violence At U.S. Capitol Building. National Guard troops from Washington, D.C., Maryland and Virginia, as well as Virginia state troopers, were dispatched Wednesday to the U.S. Capitol after Trump supporters stormed police lines and breached the building.

General Motors Co (NYSE:GM)'s vehicle sales in China fell 6.2% in 2020, as the U.S. automaker suffered a prolonged sales slowdown in the world's biggest auto market. GM, China's second biggest foreign automaker, delivered 2.9 million vehicles in the country last year, the company said on Wednesday, for a third straight decline in annual sales. It had delivered 3.09 million vehicles in 2019 and 3.65 million vehicles in 2018.

Automaker BYD, backed by billionaire Warren Buffett, said its new electric luxury sedan "Han" has seen sales increase every month to surpass 10,000 units in November. At these levels, the "Han" model alone is selling just as well, or better, than vehicles from China's electric car start-ups Nio, Li Auto and Xpeng. BYD's overall sales of battery-powered electric passenger cars fell 11% in 2020.

Ripple co-founder Jed McCaleb sold $400 million worth of XRP in 2020 -

Saudi Arabia announced Tuesday—after another difficult meeting with members of the Organization of the Petroleum Exporting Countries and its Russia-led partners—that it would voluntarily cut its own oil production by a million barrels a day in February and March.

AMC still seeking $550 million lifeline as stock price closes at record low

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05/01/2021

05.01.2021

Mondelez International (MDLZ) - made another move into the healthier snack arena after announcing on Tuesday it had acquired Hu Master Holdings, the maker of a popular chocolate bar based on the paleo diet.

For some Americans, the $600 stimulus is extra cash they plan on putting into their Robinhood accounts

Twitter ( $TWTR ) is adding to the flurry of acquisitions of podcast companies after buying podcast app Breaker.

Amazon buys 11 aircraft to expand air cargo fleet

Alibaba (NYSE:BABA) Group will close its music streaming platform Xiami Music next month, in a move that marks a step back from its ambitions to push into China's entertainment industry. "Due to operational adjustments, we will stop the service of Xiami Music," the online music arm of the Chinese e-commerce giant said on Tuesday on its Weibo (NASDAQ:WB) account, adding that the closure will occur on Feb. 5.

ViacomCBS is bringing 14 more channels to Hulu’s live television service that gives cord-cutters access to live programming, including news and sports.

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04/01/2021

04.01.2021

McDonald's will launch three chicken sandwiches on Feb. 24. In November, executives told investors that they would expand the company's chicken offerings because the category is growing faster than beef. Chick-fil-A has become one of McDonald's top rivals in recent years.

Moderna increases minimum 2021 Covid vaccine production by 20% to 600 million doses

Employees of Google and parent company Alphabet announce the creation of a union, escalating years of confrontation between workers and management

Iran says it has resumed enriching uranium to 20% purity at its Fordo plant, a significant breach of 2015 nuclear deal

Airbus shares jump after the planemaker neared 560 aircraft deliveries for 2020, despite the impact of the coronavirus

Billionaire investor Carl Icahn will sell about $600 million-worth of his stake in Herbalife Nutrition

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03/01/2021

03.01.2021

OPEC warned of risks to the oil market from the resurgent pandemic, a day before the group and its allies meet to consider another increase in production. “The outlook for the first half of 2021 is very mixed,” OPEC Secretary-General Mohammad Barkindo said at a preparatory meeting on Sunday. “There are still many downside risks to juggle.”

Bitcoin Breaches $34,000 as Rally Extends Into New Year

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02/01/2021

02.01.2021

Bitcoin price quickly climbs to $31K, liquidating $100M of shorts

These are the 5 biggest things to expect from gaming in 2021. 1. The first major games made for the next-gen PlayStation 5 and Xbox Series S|X consoles are scheduled to launch. 2. At least two huge games are expected to launch this year: "Halo Infinite" and "Horizon Forbidden West." 3. Nintendo is reportedly working on a new version of the Switch that's more powerful, and it could arrive in 2021. 4. Some highly-anticipated games are expected to launch, including "Ratchet & Clank: Rift Apart" in the first half of the year, a sequel to "God of War" at some point, and the next major "Resident Evil" game. 5. The ongoing legal saga between Apple and Epic Games is expected to head to court this year.

India has followed the U.K. and granted emergency approval for the coronavirus vaccine developed by AstraZeneca and the University of Oxford

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01/01/2021

01.01.2021

Delta Air Lines CEO Ed Bastian said in a memo on Friday that he continues to expect that the company will achieve positive cash flow by the spring. In his new year note to employees, Bastian said that company will likely "experience two distinct phases during the next 12 months." The first phase will be similar to 2020, he said.

Huawei Technologies Co. removed Tencent Holdings Ltd.’s games from its app store as some terms of cooperation are changing between the two technology giants. The action was taken after Tencent made a “big change” on Dec. 31 to how the companies work with each other, according to an official announcement posted on Huawei’s gaming app. It didn’t elaborate on details of the change.

XRP Climbs 11% As Investors Gain Confidence

Tesla to deliver China-made Model Y SUVs this month. The starting price of a Model Y in China is now 339,900 yuan ($52,091.95), according to its China website.

NYSE to delist 3 biggest Chinese telecoms to comply with Trump executive order. China Mobile, China Telecom and China Unicom to have U.S. trading suspended as soon as Jan. 7

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30/12/2020

30.12.2020

Amazon ( $AMZN ) is growing its media arm, announcing that it has signed an agreement to add podcast creator and producer Wondery.

A bullish technical signal was being given by the S&P 500 energy sector on Wednesday, when the 50-day moving average for the industry index rose above the 200-day moving average, forming what chartists label a "golden cross."

The fundraising efforts for AMC continue as it offers up 50 million new shares for sale.

Covid-19: Oxford-AstraZeneca coronavirus vaccine approved for use in UK

The Covid-19 variant discovered in the U.K. has arrived in Colorado, the state’s governor says

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29.12.2020Fulgent Genetics ( $FLGT ) extended its agreement to provide daily covid-19 tests to students in New York City...
29/12/2020

29.12.2020

Fulgent Genetics ( $FLGT ) extended its agreement to provide daily covid-19 tests to students in New York City.

CHEAPER COVID TESTS | SoftBank expands offering of $21 at-home PCR kits to the general public.

Intel shares rise after Third Point urges chipmaker to explore strategic alternatives as market share deteriorates. Among the considerations should be divesting of "failed acquisitions," Loeb wrote in a letter to Intel's board on Tuesday. CNBC viewed a copy of the letter. Third Point, known for its activism, recently took a significant stake in Intel worth $1 billion, according to Reuters.

Pfizer Inc. (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) today announced they will supply an additional 100 million doses of COMIRNATY®, the companies’ COVID-19 Vaccine, to the 27 European Union (EU) member states in 2021. This announcement is a result of the European Commission’s decision to exercise its option to purchase an additional 100 million doses under its Advanced Purchase Agreement signed on November 11, 2020. This agreement brings the total number of doses to be delivered to the EU to 300 million.

Delta Air Lines reported canceling 325 flights in the days leading up to Christmas, which was the busiest travel season of the pandemic. A perfect storm of bad weather and a lack of pilots forced Delta to cancel the flights over a three-day period starting December 23. Thanksgiving similarly saw over 600 flight cancellations at the airline, revealing a trend of poor performance during the holidays.

DXC Technology Could Continue to Regain Lost Ground in 2021 The technical signals for the provider of digital information technology services have been showing more strength of late.

Cisco Systems (CSCO) - reportedly has scrapped its effort to help digitize modern cities as the communications equipment giant contends with the impact of the coronavirus pandemic. A company spokesman told The Wall Street Journal that Cisco "recently decided to stop sales and eventually support [for] the Cisco Kinetic for City product line to align our product investment to evolving market needs and customer requirements."

Sri Lanka is reopening to tourists after more than nine months of travel bans due to COVID-19

The European Medicines Authority (EMA) will most likely not be able to approve the COVID-19 vaccine developed by drug maker AstraZeneca (NASDAQ:AZN) and the University of Oxford in January, the watchdog's Deputy Executive Director Noel Wathion said. "They have not even filed an application with us yet", Wathion said in an interview with Belgian newspaper Het Nieuwsblad published on Tuesday.

American Airlines (NASDAQ:AAL) is set to restart U.S. Boeing (NYSE:BA) 737 MAX commercial flights on Tuesday, another milestone for the U.S. planemaker as it tries to move past its deepest crisis in its 104-year history.

Ryanair and Wizz Air will take away the voting rights of shareholders outside of the EU to ensure they comply with the bloc’s airline ownership rules after the Brexit transition ends

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investiční výhledy

28/12/2020

28.12.2020

HBO Max and Disney+ saw jumps in app downloads after the debuts of "Wonder Woman 1984" and "Soul"

The U.S. Federal Aviation Administration (FAA) on Monday said it is issuing long-awaited rules to allow for small drones to fly over people and at night, a significant step toward their use for widespread commercial deliveries. The FAA is also requiring remote identification of most drones, which are formally known as unmanned aerial vehicles, to address security concerns.

Novavax opens Phase 3 of COVID vaccine trial in U.S. and Mexico

Global shares edge up as Trump signs $2.3 trillion aid bill

Nokia Corp. said Monday that it has entered into a deal in Thailand with mobile operator dtac to provide 5G services in the north and northeast of the country.

China GDP to grow 8.2% in 2021, the most in 10 years: Nikkei survey

Alibaba raises stock buyback plan to $10 billion, but stock continues to sink

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24/12/2020

24.12.2020

The U.K. and EU have reached an agreement on post-Brexit relations, capping a yearslong project that calms fears of a major economic disruption

Nuro Becomes First Driverless Car Delivery Service in California. Nuro Inc., which has been testing its vehicles in the state since 2017, can now start routine deliveries of food, beverages, medicine and other products,

MoneyGram distances itself from Ripple, says it doesn't utilize RippleNet

China’s State Administration for Market Regulation probes Alibaba Group on suspicion of monopoly, according to a statement by the regulator without giving further details.

Trump blames Iran for rocket attack on U.S. Embassy in Iraq, issues fresh threats

BHP Group Ltd said on Thursday it had met licensing requirements to restart operations and had begun iron ore pellet production at its Samarco joint venture with Brazil's Vale SA, five years after a deadly dam disaster.

Cloudera said it had bought back all of the stake Intel took in the software company for $314 million, likely booking a substantial paper loss for the chip giant on its investment.

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23/12/2020

23.12.2020

President Donald Trump on Wednesday vetoed the annual defense policy bill, following through on threats to veto a measure that has broad bipartisan support in Congress and potentially setting up the first override vote of his presidency. The bill affirms 3% pay raises for U.S. troops and authorizes more than $740 billion in military programs and construction.

President-elect Joe Biden could take a more lenient approach to heavily sanctioned nations such as Iran and Venezuela, but the timing and impacted volumes of crude are unlikely to have big impacts on the oil markets

The federalreserve's stress test results have opened the door for U.S. banks to increase capital returns in 2021

Zoom Video ( $ZM ) has already begun work on the e-mail service and may begin testing it early next year.

Canada authorizes Moderna vaccine

The outline of a historic post-Brexit trade agreement between the U.K. and the EU has been reached, according to officials

Palantir Technologies ( $PLTR ) has signed a new two-year contract with the U.K. National Health Service.

Sorrento Therapeutics developing antibodies injection and nose drops to fight Covid-19

Merck signs $365 million deal with U.S. for experimental COVID-19 therapy

Telecom Italia to retain Nokia as supplier, curbing Huawei's share of 5G radio network

U.S. government orders 100 million additional doses of the Pfizer-BioNTech COVID-19 Vaccine bringing total doses for U.S. to 200 million All 200 million doses expected to be delivered by July 31, 2021, allowing for 100 million people in the U.S. to be vaccinated

Electric trucks are coming and some are less than a year away. The most likely to hit in the very near future is the Hummer EV and Electric Ford F-150. Here’s something to keep in mind when you see promises of fully electric trucks that can tow a billion pounds and deliver a 1,000-mile range. Some healthy skepticism is probably a good thing here. The likely candidates for building a successful all-electric pickup are those companies who have already been building trucks for a long time. It’s a much more reasonable proposition...

Veracyte Pops 12% on Collaboration With Bayer For Precision Oncology Program in Thyroid Cancer

The U.S. Securities and Exchange Commission (SEC) on Tuesday said it filed an action against Ripple, the blockchain payments company associated with the cryptocurrency XRP, charging it with conducting a $1.3 billion unregistered securities offering. The SEC said it also named two executives of San Francisco-based Ripple in the action. Ripple created and sold XRP, the third-biggest cryptocurrency by market value.

Japan has just 3,800 hydrogen-powered vehicles, mostly government owned, and plans to get 200,000 on the road by 2025. But what consumers need are for the price of the cars to come down and an increase in refueling stations.

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22/12/2020

22.12.2020

'Cyberpunk 2077' sales have already topped 13 million despite the game being pulled from the PlayStation 4

Apple's massive cash reserves, talent pipeline, and history of innovative tech will be key in its quest to build an electric car, experts say

In an SEC filing Monday, Lordstown said it has taken in about 80,000 nonbinding reservations for its light-duty truck called Endurance.

Alaska Airlines makes big Boeing bet with upsized 737 Max order, first U.S. sale since jets cleared after crashes

The CEO of BioNTech says he's confident that its coronavirus vaccine works against the U.K. variant, but further studies are needed

Honeywell to buy software company Sparta Systems for $1.3 billion in cash

British airline easyJet (LON:EZJ), whose finances have come under severe pressure during the COVID-19 pandemic, has agreed with Airbus to defer the delivery of aircraft, it said on Tuesday. The airline said a total of 22 aircraft will be deferred from full year 2022 to 2024, to full year 2027 to 2028.

The Senate passes a giant year-end spending bill including $900 billion in Covid relief. The Senate’s 91-7 vote sends the bill to President Donald Trump to sign into law.

The U.S. House passes a $900 billion Covid aid package, which economists say should avert a double-dip recession in 2021. Now the bill goes to the Senate.

Toyota will halt production in the U.K. and France from Tuesday due to transport delays caused by a mutant strain of coronavirus

Investors will likely consider Coinbase's IPO as a safe gateway to capitalize on the sector's expected growth. And its connections to financial institutions as well as rising crypto adoption will likely rally public investors.

Apple Inc. plans to build a self-driving car for consumers and is targeting 2024 to produce the vehicle, Reuters reported on Monday. The company is developing its own battery technology that could reduce the cost of power packs and extend the vehicle’s range, Reuters said, citing unidentified people familiar with the matter. An Apple spokesman declined to comment.

Take-Two’s Grand Theft Auto Online and Red Dead Online will draw more customers after a rival’s poor launch of the Cyberpunk 2077 videogame, one analyst says.

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The U.S. Navy is concentrating many of its most powerful vessels in and around the Persian Gulf.It seems something could...
22/12/2020

The U.S. Navy is concentrating many of its most powerful vessels in and around the Persian Gulf.

It seems something could be about to happen—it’s not totally clear what. But the timing, one month before a transition of power in Washington, D.C., is interesting.

https://www.forbes.com/sites/davidaxe/2020/12/21/the-us-navy-is-surging-a-lot-of-firepower-into-the-persian-gulf-and-its-not-clear-why/amp/

The U.S. Navy is concentrating many of its most powerful vessels in and around the Persian Gulf. It seems something could be about to happen—it’s not totally clear what.

21/12/2020

21.12.2020

Peloton buys Precor for $420 million in a bid to dominate hotels, college campuses and offices

Southwest Airlines is adding 2 new cities to its route network in 2021 as it tries to dominate on the West Coast

Google Cloud quietly recruited 5 long-time SAP executives this year as part of its enterprise push against Amazon Web Services and Microsoft

LENDING TO AFRICA | Japanese megabank Mitsubishi UFJ Financial Group will extend $520 million in loans to help African nations purchase medicine and equipment to fight the COVID-19 epidemic.

Hospital operator NMC Health, which collapsed earlier this year after uncovering billions in hidden debt, will sell its lucrative fertility business to German health-care company Fresenius

Russia plans to support a further increase in OPEC+ production at the group’s meeting next month

Tesla slides 6% as it enters the S&P 500 as its 5th-largest member

Nike shares rip toward record high, as investors see digital bets paying off

Xpeng Starts EV Sale In Norway To Enter European Market

The Russian ruble tumbles after a report suggested the U.S. may impose sanctions on the country in response to cyber attacks

Shell says will post a weaker performance in the fourth quarter after bumper results earlier this year

AstraZeneca PLC said Monday that the U.S. Food and Drug Administration has requested further analysis of clinical data of its Roxadustat drug to complete the review of the new drug application. The British-Swedish pharmaceutical giant said it will submit along with FibroGen, Inc. additional data to assist with the completion of labeling discussions.

Jack Ma offered to give the Chinese government parts of fintech giant Ant to salvage relations with Beijing, say people with knowledge of the matter

GlaxoSmithKline says EU approves HIV treatment

Vodafone said on Monday it had ended talks with the Saudi Telecom Company on the $2.4 billion sale of its 55% shareholding in Vodafone Egypt after a series of missed deadlines to complete the deal.

Lockheed Martin buying rocket-engine maker Aerojet Rocketdyne for $4.4 billion

Shell agrees to sell a minority stake in a liquefied natural gas export project in Australia to Global Infrastructure Partners for $2.5 billion

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