2024 – Page 13 – Best Day Investing – Investing and Stock News

Cytokinetics stock rises on Sanofi’s rights acquisition

Investing.com — Shares of Cytokinetics (NASDAQ:CYTK), Incorporated (NASDAQ:CYTK) climbed 4.8% after the company announced that Sanofi (NASDAQ:SNY) will acquire exclusive rights to develop and commercialize aficamten in Greater China, a…

December 20, 2024

Stock

FedEx’s trucking spin-off plan to fortify core business, boost industry

By Abhijith Ganapavaram (Reuters) -FedEx’s decision to spin off its freight trucking unit will strengthen that business while allowing the parcel delivery giant to better tackle challenges in its core…

December 20, 2024

Stock

Exclusive-US plans to blacklist company that ordered TSMC chip found in Huawei processor, source says

By Alexandra Alper and Karen Freifeld (Reuters) – The Biden administration plans to blacklist a Chinese company whose TSMC-made chip was illegally incorporated into a Huawei artificial-intelligence processor, according to…

December 20, 2024

Economy

Goldman Sachs sees modest growth impact from EU defense spending

Investing.com — European defence spending is set to increase as geopolitical tensions and trade uncertainty mount, but the growth boost likely to be modest, Goldman Sachs said in a note. “Market…

December 20, 2024

Economy

Hardline Republicans reject Trump’s debt ceiling demand, focused on deficit worry

By Steve Holland and Richard Cowan WASHINGTON (Reuters) – Republican hardliners who normally are ardent supporters of President-elect Donald Trump are resisting his push to raise the U.S. debt ceiling,…

December 20, 2024

Economy

Colombia’s central bank delivers smaller rate cut than expected

By Nelson Bocanegra and Carlos Vargas BOGOTA (Reuters) – The board of Colombia’s central bank on Friday voted to cut its benchmark interest rate by a surprise 25 basis points…

December 20, 2024

Economy

Brazil’s Congress passes fiscal package, government plays down changes to the measures

SAO PAULO (Reuters) – Brazil’s Congress approved a government-proposed fiscal package on Friday that includes measures to contain spending aimed at putting the country’s finances on a more sustainable path.…

December 20, 2024

Economy

Fitch raises Sri Lanka rating after creditor nod to $12.55 billion debt overhaul

(Reuters) – Credit ratings agency Fitch on Friday upgraded Sri Lanka’s long-term foreign-currency default rating to ‘CCC+’ from ‘restricted default’ (RD) following approval by creditors of the country’s $12.55 billion…

December 20, 2024

Economy

Canada PM Trudeau looks set to lose power after key ally vows to topple him

By David Ljunggren OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau on Friday looked set to lose power early next year after a key ally said he would move to bring…

December 20, 2024

Stock

US consumer watchdog sues top banks over alleged fraud on Zelle payment app

By Manya Saini (Reuters) -The U.S. Consumer Financial Protection Bureau said on Friday it had filed a lawsuit against JPMorgan Chase (NYSE:JPM), Bank of America, and Wells Fargo (NYSE:WFC) for…

December 20, 2024