Apple iPhone Sales Surge Toward No.1

The Apple iPhone is so ubiquitous in America that most people would think it is the No.1 smartphone everywhere else. However, this is not true. South Korea’s Samsung holds that spot. That is likely to change soon. TrendForce puts out an analysis of smartphone unit production globally and by quarter. […]

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U.S. Stocks Close Firmly In Positive Territory

U.S. stocks settled firmly in positive territory on Monday despite seeing some wild swings during the course of the day’s session. The major averages all closed notably higher. The Dow settled with a gain of 213.18 points or 0.62 percent at 3,560.08. The S&P 500 ended up 27.57 points or […]

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China Unveils More Stimulus Measures

China’s central bank lowered the amount of foreign exchange that banks maintain as reserves, in an attempt to combat the weakness of the yuan, after unveiling measures to revive the property market this week. Also on Friday, major banks in China lowered the interest rates on yuan deposits of various […]

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ConAgra Recalls Banquet Brand Frozen Chicken Strips Entrees

Conagra Brands, Inc. is recalling around 245,366 pounds of frozen chicken strips entree products that may be contaminated with extraneous materials, specifically pieces of plastic, according to the U.S. Department of Agriculture’s Food Safety and Inspection Service or FSIS. The recall involves 8.9-oz. carton containing one entree of “BANQUET CHICKEN […]

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Biotech Stocks Facing FDA Decision In September 2023

As August draws to a close, let’s turn our attention to the list of companies eagerly anticipating the FDA’s verdict in September. 1. BioLineRx Ltd. (BLRX) The FDA’s decision on BioLineRx’s Aphexda for the proposed use in stem cell mobilization for autologous transplantation in multiple myeloma patients is due on […]

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Asian Markets Track Global Markets Higher

Asian stock markets is trading mostly higher on Monday, following the positive cues from global markets on Friday, as traders reacted positively to US Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole Symposium and made cautious moves. Asian markets closed mostly lower on Friday. Powell reiterated the central […]

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