Thermo Fisher Scientific Declares Quarterly Dividend

The Motley Fool
With Natural Gas in Demand, 2 TSX Stocks Are Set to Heat Up
Natural gas stocks such as Tourmaline will see their fortunes rise as natural gas demand and prices rise. The post With Natural Gas in Demand, 2 TSX Stocks Are Set to Heat Up appeared first on The Motley Fool Canada.
Bloomberg
China Eyes Trade War Targets Across Europe for Retaliation
(Bloomberg) -- As in past disputes, China looks to be readying a series of actions to punish the European Union for its proposed tariffs on electric cars.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanHedge Fund Talent Schools Are Looking for the Perfect TraderPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderNvidia’s 591,078% Rally to Most Valuable Stock Came in WavesThings were
Business Insider
It will take years for the oil and gas market to recover from the 'mother of all shocks,' Harvard economist says
"When there is an energy shock, it can take a huge price change to clear the market," the Harvard economist Ken Rogoff said.
Reuters
Chinese automakers seek retaliatory tariffs on EU cars, state media reports
SHANGHAI/BEIJING/BERLIN (Reuters) -Chinese automakers have urged Beijing to hike tariffs on imported European gasoline-powered cars in retaliation for Brussels' curbs on exports of Chinese-made EVs, the state-backed Global Times newspaper said on Wednesday. In a closed-door meeting on Tuesday also attended by European car companies, China's auto industry "called on the government to adopt firm countermeasures (and) suggested that positive consideration be given to raising the provisional tariff on gasoline cars with large-displacement engines," according to the report. The meeting, organised by China's Ministry of Commerce, was held in Beijing and attended by SAIC, BYD , BMW, Volkswagen and its Porsche division, two people with direct knowledge of the matter said.
Reuters
India shuns China's calls to resume passenger flights after 4 years, officials say
China is pressing India to restart direct passenger flights after a four-year halt, but New Delhi is resisting as a border dispute continues to weigh on ties between the world's two most populous countries, officials said. India-China relations have been tense since the biggest military confrontation in decades on their disputed Himalayan border killed 20 Indian and at least four Chinese soldiers in June 2020. Since the clash, India has made it difficult for Chinese companies to invest, banned hundreds of popular apps and severed passenger routes, although direct cargo flights still operate between the Asian giants.
Reuters
EU subsidy probe cools China EV sector's will to invest in Europe, survey finds
The European Union's anti-subsidy investigation into Chinese electric vehicles has cooled Chinese firms' EV sales and harmed their confidence in investing in Europe, a survey of Chinese EV companies showed on Wednesday. Some 82% of vehicle and industry chain firms said the subsidy investigation had eroded their confidence in investing in Europe in the near future, the survey by the China Chamber of Commerce to the EU and the China Economic Information Service showed. The poll, conducted in April and May, was part of a report on Chinese EV manufacturers and Europe.
Reuters
Detroit Three automakers should exit China, leading analyst says
Legacy U.S. automakers such as Ford Motor and General Motors should leave the China market to preserve capital amid the costly electric vehicle (EV) transition, a leading auto analyst said on Tuesday. “I think you have to see the [Detroit Three] exit China as soon as they possibly can,” said John Murphy, Bank of America Securities analyst, at his annual presentation of “Car Wars,” a closely watched industry report. Murphy's guidance for the Big Three came during a discussion of the harsh cost-cutting measures they would have to take to be competitive with EV manufacturers like Tesla, as well as carmakers abroad.
Business Insider
The global spike in luxury handbags, shoes, and clothing sales could be coming to an end due in part to China's 'luxury shaming,' study finds
Global sales growth for luxury goods is expected to slow this year, per a Bain & Compnay report. "Luxury shaming" in China could be a factor.
Investing.com
Truist analysis: Oil and gas sector favorites for Q2 2024
Investing.com - Analysts from Truist Securities have revealed their favorite stock picks for the oil and gas sector in the second quarter of 2024.
South China Morning Post
China's 618 shopping festival ends with Alibaba, JD.com declaring victory amid 'waning' interest
Alibaba Group Holding and JD.com touted impressive growth trends but declined to reveal total gross merchandise value (GMV) figures for their midyear 618 shopping festival events, as China's major e-commerce players remain locked in a heated battle to get consumers to open their wallets amid the country's economic slowdown. Both e-commerce giants declared victory as they fend off competition from rivals Pinduoduo, operated by Temu owner PDD Holdings, and Douyin, the Chinese equivalent of TikTok
Global News
Fatal opioid overdoses surge in Ontario shelters: report
Ontario has seen a surge in fatal opioid overdoses in shelters across the province, according to a new report. As health reporter Katherine Ward explains, researchers and advocates are calling for better supports to save more lives.
South China Morning Post
Chinese EV makers, suppliers risk dent to global stature in price war, Bosch exec warns
German automotive supplier Bosch has issued a stern warning to Chinese electric vehicle (EV) makers that an escalating price war would not only hurt their profitability but also dent their stature as global industry leaders. David Xu Daquan, president of Bosch China, told reporters at a media briefing on Tuesday that he had made a proposal to Chinese President Xi Jinping to create a fair and orderly market-based mechanism to avoid cutthroat competition among the country's carmakers and supply-ch
Simply Wall St.
Canadian Natural Resources And Two More TSX Dividend Stocks
Amidst a backdrop of moderating inflation and anticipated rate cuts by the Bank of Canada, the Canadian market presents a unique landscape for investors considering dividend stocks. In such an environment, companies with strong fundamentals and a history of consistent dividend payments can offer both stability and potential income growth.
Yahoo Finance Video
Paramount is 'quite impaired' at this point: Kevin Mayer
The 2024 Cannes Lions International Festival of Creativity is bringing together the world's best and brightest executives from the realm of creative marketing and advertising. Candle Media Co-Founder and Co-CEO Kevin Mayer sits down with Yahoo Finance Executive Editor Brian Sozzi by the Cannes waterfront to talk about where linear TV and sports streaming fits into the broadening streaming landscape, as more platforms like Amazon Prime (AMZN) adopt ad-supported subscription tiers. "One of the reasons paid TV is in such [a] secular and substantial decline is the cost of those sports rights. And everyone had to bear the cost of those sports rights. So you had every consumer, almost every household had paid TV 10 years ago, and everyone was paying not only for the entertainment that they loved, but also for sports," Mayer explains. "And not everyone watched the sports. And I think that helped drive the decline down. People were paying for something in a very expensive thing that they didn't really want to watch. "So I think Netflix (NFLX) will put their toe in the water, but they've become a very successful entertainment company without sports. They have sports-related programming, but not the actual sports rights." Mayer finds that these major streaming companies need to incorporate these new sports partnerships in order to "feed their ecosystem in some way." Mayer's resume also includes his tenure as the CEO of TikTok, COO of the popular app's parent company ByteDance, and the chairman of Disney's Direct-to-Consumer & International segment. Mayer comments on the potential ban of TikTok within the United States and the acquisition sage surrounding Paramount Global (PARA, PARAA). Catch up on Yahoo Finance's full coverage of this year's Cannes Lions International Festival of Creativity. This post was written by Luke Carberry Mogan.
Simply Wall St.
3 High Yield Dividend Stocks In India Offering Up To 8.2%
The Indian market has shown robust growth, with a 2.3% increase over the last week and a significant 45% rise over the past year, alongside an optimistic forecast of 16% annual earnings growth. In this thriving environment, high-yield dividend stocks can be particularly appealing for investors looking for both stability and income.
South China Morning Post
Hong Kong's WeLab eyes Southeast Asia digital banks, exporting tech services as new growth engines
WeLab, a Hong Kong-based fintech unicorn backed by billionaire Li Ka-shing, is exploring the idea of setting up digital banks across Southeast Asia and providing its technology services to conglomerates in Malaysia, Vietnam, Thailand and the Philippines. The expansion plan forms part of the target the company set last year to grow its users to 500 million by 2032, according to founder Simon Loong. "WeLab is actively exploring different opportunities in Southeast Asia markets by applying for new
Bloomberg
Nickel 28 Reaches Settlement With Fired CEO to End Misconduct Claim
(Bloomberg) -- Nickel 28 Capital Corp.’s former chief executive officer agreed to relinquish nearly half the stock he owned in the company that accused him and other ousted executives of “serious misconduct.”Most Read from BloombergWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in Japan‘I Live in Hell’: Anti-Growth Fervor Grips US South After Pandemic BoomNvidia’s 591,078% Rally to Most Valuable Stock Came in WavesNvidia Becomes World’s Most Valuable Company as AI Rally Steams Ahe
Bloomberg
US Lawmakers Look to Bar Chips Act Winners From Using Chinese Tools
(Bloomberg) -- US lawmakers want to prevent companies that win federal chipmaking funds from using Chinese-made equipment at government-backed factories, part of efforts to limit Beijing’s influence on domestic chip production.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackHedge Fund Talent Schools Are Looking for the Perfect TraderWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanPutin’s Hybrid War Opens a Second Front on NATO’s Eastern Bord
Yahoo Finance Video
EV maker Fisker files for Chapter 11 bankruptcy
EV company Fisker (FSRN) has filed for Chapter 11 bankruptcy, listing between $500 million to $1 billion of assets and $100 million to $500 million of liabilities. The New York Stock Exchange (NYSE) delisted Fisker in March over its "abnormally low" stock price. Yahoo Finance's Morning Brief team reports on FIsker's filing and the inherently competitive nature of the electric vehicle landscape. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Bloomberg
Oil Holds Above $85 as Traders Await Fresh US Stockpile Data
(Bloomberg) -- Oil steadied ahead of the release of weekly inventory data from the US that may show another rise in nationwide crude inventories.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackHedge Fund Talent Schools Are Looking for the Perfect TraderWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderNvidia’s 591,078% Rally to Most Valuable Stock Came in WavesBrent was little cha

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Thermo Fisher Scientific Declares Quarterly Dividend

Latest Stories

With Natural Gas in Demand, 2 TSX Stocks Are Set to Heat Up

China Eyes Trade War Targets Across Europe for Retaliation

It will take years for the oil and gas market to recover from the 'mother of all shocks,' Harvard economist says

Chinese automakers seek retaliatory tariffs on EU cars, state media reports

India shuns China's calls to resume passenger flights after 4 years, officials say

EU subsidy probe cools China EV sector's will to invest in Europe, survey finds

Detroit Three automakers should exit China, leading analyst says

The global spike in luxury handbags, shoes, and clothing sales could be coming to an end due in part to China's 'luxury shaming,' study finds

Truist analysis: Oil and gas sector favorites for Q2 2024

China's 618 shopping festival ends with Alibaba, JD.com declaring victory amid 'waning' interest

Fatal opioid overdoses surge in Ontario shelters: report

Chinese EV makers, suppliers risk dent to global stature in price war, Bosch exec warns

Canadian Natural Resources And Two More TSX Dividend Stocks

Paramount is 'quite impaired' at this point: Kevin Mayer

3 High Yield Dividend Stocks In India Offering Up To 8.2%

Hong Kong's WeLab eyes Southeast Asia digital banks, exporting tech services as new growth engines

Nickel 28 Reaches Settlement With Fired CEO to End Misconduct Claim

US Lawmakers Look to Bar Chips Act Winners From Using Chinese Tools

EV maker Fisker files for Chapter 11 bankruptcy

Oil Holds Above $85 as Traders Await Fresh US Stockpile Data