AstraZeneca Plc has approached rival drugmaker Gilead Sciences Inc about a potential merger, Bloomberg News reported on Sunday, citing people familiar with the matter. (Reporting by Rama Venkat in Bengaluru Editing by Raissa Kasolowsky)

HONG KONG — Dozens of people gathered in front of the U.S. Consulate in Hong Kong on Sunday to protest the death of American George Floyd, who died when a white police officer in Minneapolis knelt on his neck. The protesters, mainly international students and members of Hong Kong’s League of Social Democrats, a political

BEIJING — China’s exports contracted in May as global coronavirus lockdowns continued to devastate demand, while a sharper-than-expected fall in imports pointed to mounting pressure on manufacturers as global growth stalls. The somber trade readings for the world’s second-biggest economy could pile pressure on policymakers to roll out more support for a sector that is

BEIJING — China’s coal imports in May fell nearly 20% compared with a year earlier even as demand recovered at power plants and industrial users, customs data showed on Sunday. Analysts and industrial participants had expected China to tighten coal import rules in the second half of 2020 to support domestic miners, and imports starting

By Julian Lee (Bloomberg Opinion) — Saudi Arabia called out the cheats at yesterday’s OPEC meeting — the countries that hadn’t fully reduced oil output in May as agreed — and extracted promises that they would compensate with even deeper reductions in the third quarter. Now the kingdom faces the group’s perennial problem of enforcing those promises. The meetings of

By Bobby Ghosh (Bloomberg Opinion) — His hand over his heart — a gesture as common to the Middle East’s princes as to its paupers — Crown Prince Mohammed bin Salman might admit that he bears at least as much responsibility as the coronavirus pandemic for the state of Saudi Arabia’s economy. It is, after

BEIJING — China’s soybean imports in May surged 27.4% from the previous year, as a large volume of shipments from top supplier Brazil arrived after weather improved in the South American country, customs data showed on Sunday. China, the world’s top soybean importer, brought in 9.38 million tonnes of soybeans in May, up from last

TOKYO — Fujifilm Holdings Corp’s research on Avigan as a potential treatment for COVID-19 may drag on until July, the company said on Sunday, a further setback in the Japanese firm’s race to find a vaccine. “There is a possibility that clinical trials will continue in July,” a Fujifilm spokesman said, responding to a Nikkei

Global cases of the novel coronavirus neared 7 million on Saturday, as case numbers surge in Brazil and India, according to a Reuters tally. About 30% of those cases, or 2 million infections, are in the United States, though the fastest growing outbreak is in Latin America, which now accounts for roughly 16% of all

(Bloomberg Opinion) -- Saudi Arabia called out the cheats at yesterday’s OPEC meeting — the countries that hadn’t fully reduced oil output in May as agreed — and extracted promises that they would compensate with even deeper reductions in the third quarter. Now the kingdom faces the group’s perennial problem of enforcing those promises.The meetings of the Organization of Petroleum Exporting Countries and the bigger OPEC+ group, which includes Russia and nine other countries, were the shortest and least controversial since the […]

BEIJING — China’s exports contracted in May as global coronavirus lockdowns continued to devastate demand, while a sharper-than-expected fall in imports pointed to mounting pressure on manufacturers as global growth stalls. The somber trade readings for the world’s second-biggest economy could pile pressure on policymakers to roll out more support for a sector that is

Mexico will not join other top oil producers in extending through July output cuts aimed at propping up the price of crude, Energy Minister Rocio Nahle said on Saturday. Made up of OPEC members and allies led by Russia, the group known as OPEC+ agreed in April to cut oil supply by 9.7 million barrels per day (bpd) in May and June to support prices. Under that deal, Mexico pledged to reduce its crude output by 100,000 bpd in May and June, after resisting pressure from other oil producers to make cuts of 400,000 bpd.

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020.

We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think

Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out

* Benzinga has examined the prospects for many investor favorite stocks over the past week. * This week's bullish calls included semiconductor and casino stocks. * Cruise and electric vehicle stocks were among the bearish calls.The Dow Jones industrials ended last week more than 6% higher while the S&P 500 saw almost a 5% gain. That was due in part to a shockingly strong employment report for May and despite mounting unrest nationwide focused on racial inequities, police brutality and the federal response to protests. The Nasdaq lagged the other main indexes, up a little more than 3% […]

In this article we will check out the progression of hedge fund sentiment towards Targa Resources Corp (NYSE:TRGP) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020.

One thing we could say about the analysts on Auxly Cannabis Group Inc. (CVE:XLY) - they aren't optimistic, having just...