Eli Lilly Muted As Arthritis Drug Fails Goals In Covid-19 Patients

© Reuters By Dhirendra Tripathi Investing.com – Shares of Eli Lilly (NYSE:) were marginally negative as the company’s announcement that the phase 3 study of a drug for treating rheumatoid arthritis in Covid-19 patients had failed to meet its goals left traders disappointed. Eli’s filing said patients treated with baricitinib were 2.7% less likely than […]

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Special Report: Brazil’s military fails in key mission – halting Amazon deforestation

4/4 © Reuters. Brazil’s military fails to halt Amazon deforestation 2/4 By Jake Spring BRASILIA (Reuters) – Two years ago, the Amazon (NASDAQ:) was aflame, ravaged by arsonists and loggers. Brazilian President Jair Bolsonaro went to war.  Air Force C-130 aircraft spewed water and flame retardant over the burning jungle. The effort, in August 2019, […]

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Canada’s Couche-Tard to explore partnership opportunities with Carrefour, after takeover plan fails

2/2 © Reuters. The logo of a Couche-Tard convenience store is seen in Montreal 2/2 By Ann Maria Shibu (Reuters) – Canada’s Alimentation Couche-Tard and European retailer Carrefour SA (OTC:) have decided to work on partnership opportunities after takeover talks failed, the two companies said in a joint statement on Saturday. Couche-Tard dropped its 16.2 […]

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AUD/USD climbs to fresh highs since March 2018 as dollar fails to find shelter from higher yields

AUD/USD trades to a high of 0.7815, the highest level since March 2018 For bank trade ideas, check out eFX Plus The market continues to stick with the reflation narrative on the session and that is leading to equities climbing higher after a bit of a pullback earlier on. Tech may be bearing the brunt […]

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Dollar Falls to 3-Month Lows as Weak Economic Data Fails to Spark Turnaround

© Reuters. By Yasin Ebrahim Investing.com – The dollar fell to nearly three-month lows on Wednesday, as signs the Federal Reserve is shaping up to tweak its bond-buying policy and weaker than expected jobs data did little to drum up safe-haven support for the world’s reserve currency, suggesting a further drop is on the horizon. […]

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‘Weaponized’ Facebook fails to protect civil rights, audit says

2/2 © Reuters. FILE PHOTO: Facebook logos 2/2 By Supantha Mukherjee and Elizabeth Culliford (Reuters) – Facebook Inc (O:) has not done enough to protect users from discrimination, falsehoods and incitement to violence, an external civil rights audit found on Wednesday, adding to pressure on the company in the midst of an advertiser boycott. The […]

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Venezuela’s new gasoline system fails to end epic lines

4/4 © Reuters. Venezuela’s government launches new fuel pricing system, in Caracas 2/4 By Vivian Sequera and Deisy Buitrago CARACAS (Reuters) – Hundreds of Venezuelans queued up in miles-long lines to try to fill their cars with subsidized gasoline over the weekend, a week after President Nicolas Maduro launched a new dual-price system aimed at […]

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Stocks plunge as Fed’s emergency rate cut fails to calm panic

© Reuters. Traders work on the floor of the New York Stock Exchange (NYSE) after the opening bell of the trading session in New York By Wayne Cole SYDNEY (Reuters) – Stock markets and the dollar fell heavily on Monday, after emergency rate cuts in the United States and New Zealand failed to allay fears […]

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