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Market News

November 3, 2021
Iran Says Islamic Guard Thwarted U.S. Attempt to Seize Oil Cargo
Iran’s Islamic Revolutionary Guard Corps stopped a U.S. attempt to seize a shipment of Iranian oil in the Gulf of Oman in an operation involving...
November 3, 2021
The Slump Deepens at Cybersecurity Startup Darktrace
Darktrace Plc, the U.K. cybersecurity firm whose value has plunged in recent days on a sell recommendation and the end of a lockup period, extended...
November 3, 2021
China Censors Account of Tennis Star’s Affair With Top Ex-Leader
China has censored any mention of a star tennis player’s purported account of a decade-long affair with former Vice Premier Zhang Gaoli, a rare...
November 3, 2021
Henderson to Pay Record $6.5 Billion for Hong Kong Land Site
Henderson Land Development Co. won a prime land plot along Hong Kong’s famed Victoria Harbour with a record-breaking bid of HK$50.8 billion ($6.5...
November 3, 2021
Fifty Years in Idle Time Seen for Trucks at Two Major U.S. Ports
Trucking trips originating around the U.S.’s busiest ports are showing massive increases in idle time, another sign of the supply-chain logjams...
November 3, 2021
A New Weight-Loss Medicine Is Flying Off the Shelves
Patients are flocking to the first new obesity medicine to reach the market in years, boosting returns for drugmaker Novo Nordisk A/S.
November 3, 2021
ECB’s Vasle Sees Growing Risk That Inflation Will Stay Elevated
The likelihood that elevated inflation will become entrenched is increasing, according to European Central Bank Governing Council member Bostjan...
November 3, 2021
Diagnostics Firms Qiagen, BioMerieux Said to Explore Tie-Up
Molecular testing firm Qiagen NV and French rival BioMerieux are exploring a potential combination that would unite two of Europe’s biggest medical...
November 3, 2021
China’s Soul, Keep Eye Shifting U.S. IPOs to Hong Kong
The startups behind Chinese social networking platform Soul and home workout trainer Keep are the latest to join a slew of companies weighing Hong...
November 3, 2021
Eric Adams Sweeps In With Busy Checklist for NYC Craving Change
Mayor-elect Eric Adams will immediately have to grapple with New York City’s Covid response, widespread inequality and safety issues that have kept...