Sensor specialist AMS on Tuesday reported fourth-quarter revenues above its own forecast amid strong demand for high-end smartphones but warned revenues in the first quarter would decrease.
Chinese President Xi Jinping warned top officials last week that efforts to contain the new coronavirus had gone too far, threatening the country's economy, sources told Reuters, days before Beijing rolled out measures to soften the blow.
(RTTNews) - Novartis (NVS) said the US FDA has granted priority review to capmatinib's New Drug Application. Capmatinib is a MET inhibitor being evaluated as a treatment for first-line and previously treated patients with locally advanced or metastatic METex14 mutated non-small
Oil prices rose more than 1% on Tuesday in sympathy with a rally in equity markets but investors remained jittery over the Wuhan virus that has now killed over 1,000 in China.
Samsung Electronics is set to unveil a new, square-shaped foldable smartphone and updated versions of its flagship Galaxy S range on Tuesday, seeking to revive sales after ceding its smartphone crown to Apple Inc last quarter.
Heavily-sold Asian currencies were modestly firmer on Tuesday, as investor risk appetite recovered with an apparent slowdown in the rate of coronavirus infection, even as the death toll rose.
The African Union has agreed not to start financing security operations from a new fund until 2023 because it has received fewer contributions than hoped.
Asian share markets followed Wall Street higher on Tuesday as China's factories struggled to re-open after an extended break, though analysts warned investors might be underestimating how economically damaging the challenge was likely to be.
Indian shares gained on Tuesday, on course to snap two sessions of losses, as the number of new coronavirus infections fell and some Chinese factories slowly resumed operations.
China's yuan inched up against the dollar for a second straight session on Tuesday as investors hoped authorities would be able to contain a fast-spreading virus and limit the economic fallout of the epidemic.
In this episode of Industry Focus: Energy, Nick Sciple and Tracy Shuchart, from The Family Office, do a deep dive into the oil and gas industry. Their conversation covers a wide swath of the oil and gas market, from an impending wall of debt facing shale producers, to how the
Gold on Tuesday eased from a near one-week high hit in the previous session due to a stronger dollar and an uptick in equities as China's factories slowly return to work amid rising death toll from the coronavirus epidemic.
United Airlines (NASDAQ: UAL) results came fairly in-line with the market expectations for the full year 2019. Though the company’s fleet plan included 30 Boeing 737 MAX aircraft for 2019, it received only four aircraft before the FAA grounding order last March. The impact o
Sirius XM Radio (NASDAQ: SIRI) has guided for a revenue growth of just 4% to $8.1 billion in 2020, which would be the lowest in the company’s history. This will follow a 35% revenue growth in 2019, which was largely due to the acquisition of Pandora’s business. The compan
In the following analysis, we take a look at why Tesla (NASDAQ:TSLA) could be an attractive acquisition target for Google (NASDAQ:GOOG). We break down our analysis into three parts: what Tesla would stand to gain, what Google would stand to gain, and a scenario where Tesla
Tesla (NASDAQ:TSLA) stock is up by almost 2.5x over the last three months, making it the world’s second most valuable automaker, behind Toyota, which in many respects is the benchmark of profitability and efficiency in the auto industry. In this analysis, we compare Tesla
AT&T Inc. (NYSE: T) met market expectations when it reported its 2019 results recently. Despite healthy revenue growth in 2018 and 2019, the company’s revenue is expected to rise at a very marginal rate in 2020, mainly due to the high base achieved in 2019 on account of
Trip.Com‘s (NASDAQ: TCOM) Transportation Ticketing, which generates revenues from the reservation of air tickets, railway tickets, and other related services, is expected to contribute $2.4 billion to Trip.Com’s 2020 revenues, making up 40% of the company’s $6 billion i
(RTTNews) - Indian shares opened higher on Tuesday after oil prices fell sharply overnight on concerns about the global economy and the outlook for energy demand.