newszine

MetLife sued for gender discrimination by ex-chief administrative officer

2 hours ago NAMEX Comments Off on MetLife sued for gender discrimination by ex-chief administrative officer
NEW YORK (Reuters) – MetLife Inc was sued for gender discrimination on Wednesday by a female former senior vice president who said she was underpaid, called a “bitch” and told she had to “choose between being pretty and being smart” while working at the insurance company. FILE PHOTO: A MetLife Inc. building is shown in Read More

J&J blockbuster loses ground to biosimilars despite Quebec court ruling

2 hours ago NAMEX Comments Off on J&J blockbuster loses ground to biosimilars despite Quebec court ruling
TORONTO/MONTREAL (Reuters) – Johnson & Johnson’s (JNJ.N) Remicade, a blockbuster drug that treats autoimmune disorders, has steadily lost market share among patients enrolled in the Canadian province of Quebec’s public drug program, even after a court ruling reinstated full coverage in January, a Reuters analysis of government data shows. FILE PHOTO: The company logo for Read More

GLOBAL MARKETS-Shares, bond yields slip on sour trade deal sentiment

3 hours ago NAMEX Comments Off on GLOBAL MARKETS-Shares, bond yields slip on sour trade deal sentiment
NEW YORK (Reuters) – Global equity markets and government bond yields fell on Wednesday as sentiment soured that a U.S.-China trade deal can be reached soon and on fears intensifying unrest in Hong Kong may lead to a Chinese crackdown. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, Read More

UPDATE 1-MetLife sued for gender discrimination by ex-chief administrative officer

3 hours ago NAMEX Comments Off on UPDATE 1-MetLife sued for gender discrimination by ex-chief administrative officer
NEW YORK (Reuters) – MetLife Inc (MET.N) was sued for gender discrimination on Wednesday by a female former senior vice president who said she was underpaid, called a “bitch” and told she had to “choose between being pretty and being smart” while working at the insurance company. FILE PHOTO: A MetLife Inc. building is shown Read More

Wall Street higher as Fed’s Powell says economy in ‘good shape’

5 hours ago NAMEX Comments Off on Wall Street higher as Fed’s Powell says economy in ‘good shape’
(Reuters) – Wall Street’s main indexes rose on Wednesday as Federal Reserve Chair Jerome Powell said the domestic economy was in good shape and the central bank saw a “sustained expansion” ahead. A screen broadcasts the House Intelligence Committee hearing as part of the impeachment inquiry into U.S. President Donald Trump, as traders work on Read More

Fund investors retreat from U.S. stocks, jump into foreign markets

7 hours ago NAMEX Comments Off on Fund investors retreat from U.S. stocks, jump into foreign markets
By David Randall NEW YORK, Nov 13 (Reuters) - Investors pulled nearly $7.5 billion out of mutual funds and exchange-traded funds that hold U.S. stocks last week, extending a retreat from the domestic stock market over six of the last seven weeks, according to data released Wednesday by the Investment Company Institute. The pullback from Read More

Alibaba launches $13.4 billion Hong Kong listing to fund expansion

9 hours ago NAMEX Comments Off on Alibaba launches $13.4 billion Hong Kong listing to fund expansion
HONG KONG (Reuters) – Chinese e-commerce giant Alibaba Group launched the share sale for its Hong Kong listing on Wednesday, braving unrest in the global financial hub to try to raise up to $13.4 billion to fund its expansion plans. The books for institutional investors looking to buy the shares opened during the New York Read More

Sanctions? Russia has the best-peforming stock market in the world

10 hours ago NAMEX Comments Off on Sanctions? Russia has the best-peforming stock market in the world
The Russian stock market has delivered the biggest returns to investors around the world this year. Global rate cuts and increased dividend payouts have been driving investor interest in Russia. The MSCI Russia Index which tracks the 23 largest Russian publicly-listed companies has surged 44 percent since the start of the year, according to Sberbank Read More

A tiny species that looks part-deer, part-mouse was missing for nearly 30 years. Scientists just found it.

13 hours ago NAMEX Comments Off on A tiny species that looks part-deer, part-mouse was missing for nearly 30 years. Scientists just found it.
A silver-backed chevrotain was caught on a camera trap as it wandered about the forest. (Credit: Originally published on Live Science.) A tiny creature that looks part-deer, part-mouse hadn’t been seen in nearly 30 years. Now, with a series of camera traps, researchers have caught the silver-backed chevrotain, also called the Vietnam mouse-deer, meandering about Read More

India heading for ‘tremendous’ growth & Moody’s downgrade is wrong, says legendary investor Mark Mobius

14 hours ago NAMEX Comments Off on India heading for ‘tremendous’ growth & Moody’s downgrade is wrong, says legendary investor Mark Mobius
The decision by rating agency Moody’s to change its outlook on India from stable to negative was a mistake, since the country is enjoying “incredible” growth compared to many other states, veteran investor Mark Mobius has said. “I think Moody’s call was erroneous, I don’t think it was called for because I see tremendous growth Read More