News Center

Stocks fall, yen gains on Trump trade war, China deflationary woes

Stocks fall, yen gains on Trump trade war, China deflationary woes

By Kevin BucklandTOKYO (Reuters) -Wall Street futures sank and the safe-haven yen and Swiss franc strengthened early on Monday as building deflationary pressures in China added to growth worries from a fading U.S. economy and an escalating global trade war. U.S. S&P 500 stock futures pointed 0.5% lower and Nasdaq futures sagged 0.6% as of 0137 GMT.Hong Kong’s Hang Seng eased 0.1%, as did an ...

2025-03-10 12:48:58
Tesla faces protests across the US, Europe, amid anti-Musk outrage

Tesla faces protests across the US, Europe, amid anti-Musk outrage

Investing.com-- Tesla Inc (NASDAQ:TSLA) facilities were hit with protests and vandalism across the U.S. and Europe amid growing public outrage over CEO Elon Musk’s influence in the Donald Trump administration, specifically the Department of Government Efficiency. Several regional media reports from across the country showed protests erupting at Tesla showrooms in Portland, Chicago, and ...

2025-03-10 12:47:16
Chinese investors secretly funnel millions into Musk’s private ventures - FT

Chinese investors secretly funnel millions into Musk’s private ventures - FT

Investing.com-- Wealthy Chinese investors are discreetly channeling millions of dollars into Elon Musk’s private companies, including SpaceX, xAI, and Neuralink, through opaque financial structures designed to conceal their identities, the Financial Times reported on Sunday citing asset managers involved in the transactions.These investments are facilitated via special-purpose vehicles (SPVs), w ...

2025-03-10 12:45:48
India’s Sun Pharma to buy Checkpoint Therapeutics for $355 mln

India’s Sun Pharma to buy Checkpoint Therapeutics for $355 mln

Investing.com-- Sun Pharmaceutical (TADAWUL:2070) Industries Ltd. (NSE:SUN) said on Monday that it will buy Checkpoint Therapeutics Inc (NASDAQ:CKPT)- a Nasdaq-listed immunotherapy and oncology firm- for about $355 million. Sun said it will offer $4.10 in cash for each share in Checkpoint, a nearly 66% premium to Checkpoint’s Friday close of $2.470. Checkpoint shareholders will als ...

2025-03-10 12:43:02