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How China Became Saudi Arabia’s Largest Trading Partner
Article By:
Jeff Desjardins
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Monday, February 20, 2023 4:48 AM EDT
With China’s imports from and exports to Saudi Arabia now exceeding the major oil-producing country’s combined trade with the U.S. and the EU, China has become Saudi Arabia’s dominant trading partner.
Week In Review: China Biopharmas Announce Three Out-Licensing Deals Totaling $2 Billion
Article By:
ChinaBio® Today
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Saturday, February 18, 2023 12:20 PM EDT
Jiangsu Hengrui Pharma out-licensed US rights for a novel small molecule EZH2 inhibitor in a $706 million agreement with Treeline Biosciences of Connecticut. Hengrui will receive an upfront payment of $11 million.
WallStreetBets Creator Suing Reddit, Says He Was Ousted Unjustly
Article By:
The Tokenist
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Thursday, February 16, 2023 7:48 AM EDT
The founder of the (in)famous subreddit WallStreetBets is now suing Reddit itself.
Eurozone Industrial Production Drops In December
Article By:
ING Economics
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Wednesday, February 15, 2023 6:58 AM EDT
Eurozone industry ended the year on a weak note as production data showed a decline of 1.1% from November and a 1.7% drop compared to the year before.
In this article: EZU
Cocoa: Tighter Inventories Suggest Market Growth By 2028 At 5.3% CAGR
Article By:
Pavan Parikh
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Wednesday, February 15, 2023 6:39 AM EDT
ICE-monitored NY cocoa inventories held in U.S. ports are moderately above the 9.5 month low from January 3. Also, ICE-monitored cocoa stockpiles held in EU ports fell to a 10-month low Monday of 112,820 Megatons (MT).
In this article: NIB (RETIRED)
Ranked: America’s Best Places To Work In 2023
Article By:
Jeff Desjardins
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Wednesday, February 15, 2023 5:45 AM EDT
What better way to know more about a company’s work culture than to hear from those who’ve already been on the inside?
Consumer Forecast 2023-2024: Growth Now, Recession Later
Article By:
Bill Conerly
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Tuesday, February 14, 2023 9:13 AM EDT
By 2024, consumers will have less money to spend from current earnings and no excess savings left over, so expect a harsh downturn in discretionary expenditures.
The Commodities Feed: Russian Supply Cut
Article By:
ING Economics
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Monday, February 13, 2023 6:04 AM EDT
At the end of last week, Russia announced that it would cut oil supply by 500Mbbls/d from next month. This does not change our view on the market, as we had already assumed that Russian supply would edge lower following the EU ban on Russian oil.
In this article: BNO, CORN, JJC (RETIRED), JJU (RETIRED), JO (RETIRED)
Is Humanity Losing Something Due To Digitality?
Article By:
Chris Skinner
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Monday, February 13, 2023 5:28 AM EDT
A long time ago – so long ago that most people reading this weren’t born or had just started school – I said to my boss that cash machines were dead. At the time, I worked for NCR which stands for National Cash Registers, the cash machine company.
In this article: NCR
Can You Really Capture Pollution And Who Is Responsible?
Article By:
AllAboutAlpha
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Sunday, February 12, 2023 5:40 AM EDT
Pollution is a by-product of economic activity and while there is consensus that there needs to be a check, who does what is often a debatable point.
2023 YTD Percentage Returns Of 5 Largest U.S. Stocks - Saturday, Feb.11
Article By:
David Kass
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Sunday, February 12, 2023 4:33 AM EDT
The total market capitalization of the 5 largest U.S. companies equals around $7.26 trillion. Let's take a look at the numbers.
Week In Review: CANbridge In-Licenses Gene Therapy For Rare Disease From UMass
Article By:
ChinaBio® Today
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Saturday, February 11, 2023 3:20 PM EDT
CANbridge Pharma exercised an option for global rights to a novel second-gen gene therapy from UMass Chan medical school. Additionally, Zhimeng Biopharma signed an agreement to out-license global rights for its TLR8 agonist to GlaxoSmithKline.
Corporate America Splurges On Super Bowl Ads Despite Recession Threat
Article By:
Tyler Durden
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Saturday, February 11, 2023 6:30 AM EDT
The threat of recession? Corporate America doesn't care. They want to reach consumers regardless of cost.
In this article: FOXA