Spot gold climbed 0.4% to $1,703.95 per ounce by 0407 GMT after a 1.7% drop on Wednesday. U.S. gold futures inched up 0.1% to $1,705.70. Economic optimism from easing coronavirus-related lockdown restrictions has dampened demand for the safe-haven metal recently, sending prices lower by 1.3% so far this week.
The US defence secretary opened a rift with Donald Trump, saying he did not agree with the president about sending the army to clamp down on protests that have erupted across the country since the death of George Floyd. Mark Esper’s remarks came amid mounting criticism from retired military officials of the president’s handling of the demonstrations, including a rebuke from Jim Mattis, the retired general who previously served as defence secretary under Mr Trump. Mr Esper, a West Point graduate and former soldier, told reporters at the Pentagon on Wednesday morning that the National Guard was “best suited” to help local law enforcement tackle protests.
The listing is the latest in a packed week for IPOs, which have rebounded after market turmoil in March and April as COVID-19 pandemic delayed many listings. On Wednesday, Warner Music Group Corp's stock popped 8% on its Nasdaq debut, after selling $1.9 billion in shares toward the higher end of its target range. ZoomInfo said its customers in industries most impacted by the pandemic, including retail, restaurant, hotels, airlines and oil and gas may reduce their technology or sales and marketing spending, which could adversely impact its business.
AB Klaipedos Nafta (hereinafter – the Company), as the operator of the liquefied natural gas (hereinafter – LNG) terminal in Klaipeda (hereinafter – the Terminal), informs that after the closure of annual terminal capacities allocation procedure and conclusion of respective agreements, for the period from the 1st of October, 2020 until the 30th of September, 2021, 8.363.500.000 kWh LNG regasification capacities were allocated. The Company notes that the above indicated Terminal capacities were allocated in advance, i.e. The Company at its website www.kn.lt constantly announces and updates the information regarding free capacities of the Terminal, which are available for booking during the Gas Year.
The Global swimwear market will grow by $ 6.74 bn during 2020-2024
As oil and gas companies began shutting offshore production before the first tropical storm of the season in the U.S. Gulf of Mexico, experts said restarting wells and refineries will take longer and prove more costly this year because of COVID-19. Well shut-ins typically last a few days or weeks at most, but oil companies have adopted stringent virus precautions for refinery and offshore staff, including frequent health checks, travel restrictions, onsite protective gear, and longer work stints with pre-departure quarantines. More time-consuming evacuations and slower restarts could lengthen post-storm recoveries, and potentially deliver a knockout blow to small offshore facilities, said William Turner, a vice president at research and consultancy Welligence Energy Analytics.
Gilead Sciences, Inc. (Nasdaq: GILD) and Galapagos NV (Euronext & Nasdaq: GLPG) today announced Week 52 results from the Phase 3 FINCH 1 and FINCH 3 studies of filgotinib, an investigational, oral, selective JAK1 inhibitor, in adults with moderately to severely active rheumatoid arthritis (RA). The data demonstrate sustained efficacy and a consistent safety profile with up to 52 weeks of filgotinib treatment across RA patient populations. The new data are among 15 abstracts on filgotinib in RA that will be presented at the European League Against Rheumatism, EULAR, European E-Congress of Rheumatology 2020.
The U.S. Appeals Court said on Wednesday that the U.S. Environmental Protection Agency (EPA) substantially understated the herbicide-related risks and entirely failed to look into other risks related to dicamba. Bayer said it strongly disagreed with the ruling. "Depending upon actions by the EPA and whether the ruling is successfully challenged, we will work quickly to minimize any impact on our customers this season," the German company added.
Dwayne Johnson posted a passionate video on Twitter, showing support for Black Lives Matter and questioning President Trump's actions during the nationwide protests against George Floyd's death. "Where are you? Where is our leader?" Johnson starts out by asking. "Where is our leader at this time when our country is down on its knees, begging, […]
(Bloomberg) -- The global stock rally powered by investor optimism for a speedy economic recovery from the pandemic showed signs of pausing on Thursday as rallies fizzled in Asia. The dollar recouped some of the losses that pushed it to the weakest since early March.Shares in South Korea and Australia remained higher, equities in Japan pared gains of as much as 1%, while Hong Kong and Chinese stocks traded flat. U.S. equity futures slipped after the Nasdaq 100 earlier briefly surpassed its February closing record and banks led the S&P 500 Index to a three-month high. Treasuries retained declines as investors turned away from havens after U.S. private payrolls showed fewer job losses than forecast in May. Australian 10-year yields rose back above 1% for the first time since March.The reopening of global economies has turned into a tailwind for stocks, along with unprecedented levels of stimulus across the world. Wednesday’s advance was driven by financials, autos and durable goods manufacturers, indicating the rally is broadening out. Big tech shares lagged.“People are seeing the damage to the economy abate and investors now believe there is light at the end of tunnel,” Susan Schmidt, a portfolio manager at Aviva Investors Americas LLC, said on Bloomberg TV. “We will continue to see support for the stock market.”Next up comes the European Central Bank, which is expected to boost its rescue program Thursday. Chancellor Angela Merkel’s coalition earlier agreed on a sweeping 130 billion-euro ($146 billion) stimulus package designed to spur short-term consumer spending and get businesses investing again. Meantime, tensions continue to simmer with the U.S. barring Chinese airlines in retaliation for Beijing ignoring the requests of American carriers to resume flights to China that had been suspended for the pandemic.Elsewhere, oil edged lower after trading close to its at highest level since early March amid optimism that OPEC+ will rebalance the market.Here are some key events coming up:The European Central Bank is expected to top up its rescue program with an additional 500 billion euros of asset purchases at a meeting on Thursday. Anything less than an expansion would be a big shock, Bloomberg Economics said.The U.S. labor market report on Friday will probably show American unemployment soared to 19.5% in May, the highest since the 1930s.These are the main moves in markets:StocksFutures on the S&P 500 Index slid 0.1% as of 6:12 a.m. in London. The gauge rose 1.4% on Wednesday.Japan’s Topix index rose 0.3%.Hong Kong’s Hang Seng gained 0.1%.The Shanghai Composite dipped 0.1%.South Korea’s Kospi index rose 0.5%.Australia’s S&P/ASX 200 Index gained 1.1%.Euro Stoxx 50 futures were little changed.CurrenciesThe yen fell 0.1% to 109.09 per dollar.The offshore yuan held at 7.1270 per dollar.The euro bought $1.1219, down 0.1%.The Bloomberg Dollar Spot Index edged up 0.1%, though remains down 1.1% this week.BondsThe yield on 10-year Treasuries ticked lower to 0.74%.Australia’s 10-year yield rose three basis points to 1.00%.CommoditiesWest Texas Intermediate crude dipped 1.9% to $36.57 a barrel.Gold was up 0.3% at $1,704.08 an ounce after tumbling 1.6% on Wednesday.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
New York, June 04, 2020 -- Reportlinker.com announces the release of the report "Global Phytonutrients Market - Premium Insight, Competitive News Feed Analysis, Company.
New York, June 04, 2020 -- Reportlinker.com announces the release of the report "Global Aircraft Cabin Lighting Market 2020-2024 2020-2024" -.
Taiwan hopes a new programme will attract T$40 billion ($1.34 billion) of research and development investment by foreign tech companies, creating more than 6,300 jobs a year, the government said on Thursday. Taipei will spend more than T$10 billion in subsidies over the next seven years to attract the investment, Lin Chuan-neng, the island's vice minister of economic affairs, said on Thursday. "We will target three investment in three areas, which are 5G, artificial intelligence and semiconductors," Lin told a news conference in Taipei.
The protests combined angry calls for accountability following last month’s killing of George Floyd, a 46-year-old black man, with solemn moments of reflection and uplifting chants and songs. The largely peaceful protests came a day after Mark Esper, the US defence secretary, broke with Donald Trump over the president’s threat to deploy the military to quash the protests. Mr Esper issued a public statement disagreeing with the president, whose comments triggered a public backlash.
India’s domestic carriers are making desperate attempts to stay afloat during the Covid-19 slump. On May 28, low-cost airline SpiceJet said it has converted three of its Bombardier Q400 passenger aircraft into freighters. Other airlines are also considering the same move, industry sources told Quartz.
Invalda INVL has received notifications of managers' transactions (attached). The person authorised to provide additional information:Darius ŠulnisPresident of Invalda.
Invalda INVL transferred 78,867 of its own shares to the employees of Invalda INVL and of the companies, in which Invalda INVL owns 50%or more of shares, in order to exercise the stock options granted to the employees in 2017. After the transfer, Invalda INVL owns 229,541 own shares, which is 1.93 percent of the total number of shares issued by the Company.
Phase III PREVENT data show Cosentyx® 150 mg provided significant and sustained improvement in signs and symptoms of non-radiographic axial spondyloarthritis (nr-axSpA) up to.
Hong Kong's legislature is voting on a controversial bill that would criminalise abuse of China's national anthem. Voting got under way in the legislature on Thursday, when a final vote is expected. Protests outside the legislature are expected.