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As Seen in `Trading Places,' Weather Still Roils Orange Market – BloombergQuint

BloombergQuint As Seen in `Trading Places,' Weather Still Roils Orange MarketBloombergQuint(Bloomberg) — As anyone who's seen the 1983 movie "Trading Places" will recall, the film's climax takes place in the frenzied commodities trading pit in New York as the villainous Duke brothers attempt (and fail spectacularly) to corner the market in …and more » Source: Business […]

How to make a bad situation in North Korea even worse — Bloomberg Editorial – Malay Mail Online

Malay Mail Online How to make a bad situation in North Korea even worse — Bloomberg EditorialMalay Mail OnlineSEPTEMBER 6 — There are, as is often noted, no good options for dealing with North Korea. All the more reason for the US not to make the few it does have even worse. That's what President […]

Hyundai Names New China Head After Vendor Disputes, Sales Slide – BloombergQuint

Hyundai Names New China Head After Vendor Disputes, Sales SlideBloombergQuint(Bloomberg) — Hyundai Motor Co. appointed a new chief for its China operations after payment disputes with vendors resulted in temporary shutdowns last month at four of its factories in the automaker's biggest market. Tao Hung Tan replaced Chang …and more » Source: Business and finance

Novartis Names Narasimhan CEO to Replace Jimenez Next Year – BloombergQuint

Novartis Names Narasimhan CEO to Replace Jimenez Next YearBloombergQuint(Bloomberg) — Novartis AG appointed Vasant Narasimhan, the company's global head of drug development, to take over from Joseph Jimenez as chief executive officer early next year. Narasimhan, who is also the chief medical officer of the drugmaker, will …and more » Source: Business and finance

Here's How North Korea's Nuclear Test Has Affected Markets – BloombergQuint

BloombergQuint Here's How North Korea's Nuclear Test Has Affected MarketsBloombergQuint(Bloomberg) — Here we go again. Financial markets are registering some modest flight-from-risk in the aftermath of North Korea's most powerful nuclear test yet. The Sunday detonation forced investors to again question the wisdom of holding on to …and more » Source: Business and finance

News Bulletin: GPJ hires ECD; HuffPost lures REA exec; Nine and Bloomberg? – AdNews

AdNews News Bulletin: GPJ hires ECD; HuffPost lures REA exec; Nine and Bloomberg?AdNewsThe AFR has reported that Nine Entertainment Co is locked in "advanced talks" with global financial information giant Bloomberg. It says the nature of any joint venture between the two parties is unclear and Nine declined to comment. Bloomberg's own …and more » Source: Business […]

Kenyan Growth Jitters Rekindled as Court Orders Ballot Rerun – BloombergQuint

Kenyan Growth Jitters Rekindled as Court Orders Ballot RerunBloombergQuint(Bloomberg) — Kenya's economy may pay the price of opposition leader Raila Odinga's successful bid to nullify the outcome of last month's election, as prolonged political uncertainty pending a court-ordered rerun weighs on growth and investor confidence.and more » Source: Business and finance

Asia Stocks Advance Amid Strong US, China Economic Data – BloombergQuint

BloombergQuint Asia Stocks Advance Amid Strong US, China Economic DataBloombergQuint(Bloomberg) — Asian stocks advanced for a second day after data showed the economic resilience of U.S. and China, outweighing the Trump administration's mixed signals on North Korea's latest missile provocation. About five stocks gained for every …and more » Source: Business and finance

Novartis's $475000 Cancer Breakthrough Heralds New Era of Cures – Bloomberg

Bloomberg Novartis's $475000 Cancer Breakthrough Heralds New Era of CuresBloombergThe approval of Novartis AG's breakthrough therapy for a deadly form of leukemia opened the door to a new class of treatments even as its $475,000 price tag reignited the debate on how to value potentially life-saving drugs. Demonstrating its …and more » Source: Business and finance

Fosun's Inside Track – BloombergQuint

BloombergQuint Fosun's Inside TrackBloombergQuint(Bloomberg Gadfly) — Pssst: There's apparently a secret to pushing through overseas deals despite Beijing's ban on some international investments by Chinese companies. And Fosun International Ltd. has found it. At least that's what executives …and more » Source: Business and finance