CAREDX SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against CareDx, Inc. – CDNA
NEW ORLEANS, May 27, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 22,…
U.S. yield curve inversion may be ‘false positive’ recession signal – Credit Suisse
NEW YORK – A U.S. Treasuries yield curve inversion this time around may not be the perfect predictor of a recession, a Credit Suisse strategist said on Wednesday, as the Federal Reserve’s…
Mercedes-Benz CEO says raw material scarcity could delay e-mobility – Die Zeit
– Scarce supply of raw materials for electric cars could slow the transition from fossil-fuel burning vehicles to electric ones, Mercedes-Benz Chief Executive Ola Kaellenius said in an interview with German paper…
U.S. willing to discuss troop and missile limits with Russia – documents
MADRID – Washington is willing to discuss promising not to deploy ground-launched missiles or combat forces in Ukraine if Russia agrees to do the same, according to confidential documents that the Spanish…
Blackstone, Carlyle consider joint bid for Novartis generics unit – Bloomberg News
– Private equity firms Blackstone Inc and Carlyle Group Inc are in talks about potentially teaming up on a bid for Swiss drugmaker Novartis’ generics unit, Bloomberg News reported on Tuesday, citing…
Some cars’ systems designed to keep drivers’ eyes on the road fail – AAA study
By Tina Bellon – Some vehicles equipped with automated assistance technology aimed at keeping drivers alert and watching the road fail at that job, an American Automobile Association study found on Tuesday.…
Japan Jan factory growth hits near 8-year high – PMI
TOKYO – Japan’s manufacturing activity grew at the fastest pace in nearly eight years in January on stronger output and new orders, while cost pressures stayed elevated as firms continued to face…
Jamaica digital currency due for national roll-out in coming months – central bank
By Kate Chappell KINGSTON – Jamaica will roll out its digital currency across the country in the first quarter of this year as part of an effort to lower transaction costs and…
U.S. Treasury yield curve to flatten, possibly invert this year – Standard Chartered
NEW YORK – The U.S. Treasury yield curve is expected to be completely flat by mid year as the U.S. Federal Reserve hikes interest rates but growth is called into question, and…
U.S. public pension funds seen turning to more ‘aggressive’ investment – report
NEW YORK – U.S. public pension funds will likely have to switch to more aggressive investment strategies in the coming years to fill funding gaps despite assets held by sovereign investors having…
Rising geopolitical tension and demand send oil price outlook soaring – Reuters poll
By Kavya Guduru – Oil prices will build on a strong start to the year with geopolitical risks to supply complementing a strong demand rebound as fears over the impact of the…
Czech billionaire set to accept Aareal takeover offer – source
BERLIN – Czech billionaire Daniel Kretinsky is set to accept a takeover offer for Germany’s Aareal Bank from three financial investors, according to a source. The buyout group, which includes United States-based…
Japan’s consumer confidence worsens in Jan – govt
TOKYO – Japan’s consumer confidence fell in January for a second month, the government said on Monday, as the rapid spread of the Omicron coronavirus variant dampened shoppers’ mood. A Cabinet Office…
UK businesses scale back pay plans despite higher inflation – Lloyds
LONDON – British businesses are scaling back plans for pay rises and hiring, but almost half intend to increase the prices they charge customers as they seek to manage rapidly rising costs,…
Elliott and Vista nears $13 billion deal to buy Citrix – source
By Krystal Hu – Elliott Management Corp and Vista Equity Partners are close to buying Citrix Systems Inc in a deal that values the U.S. cloud computing company at about $13 billion,…
Russia to challenge NATO on security pledge – Lavrov
MOSCOW – Russia will ask NATO to clarify whether it intends to implement key security commitments, Foreign Minister Sergey Lavrov said on Sunday, after Moscow said the alliance’s response to its demands…
China’s Jan factory activity contracts as COVID lockdowns bite – Caixin PMI
BEIJING – China’s factory activity contracted at the sharpest rate in 23 months in January, underscoring the huge economic costs from the country’s zero-COVID approach as surging cases and tough containment measures…
Fed rate hike could be half-point if needed, says Raphael Bostic – FT
– The Federal Reserve could supersize an interest rate increase to half a percentage point if inflation remains stubbornly high, Atlanta Fed President Raphael Bostic told the Financial Times in an interview.…
Myanmar economy to remain ‘severely tested’ by coup fallout – World Bank
– Myanmar’s economy will remain critically weak for much of 2022 and will be “severely tested” by the impacts of a coup a year ago, but there are recent signs of stabilisation…
Former Trump press aide subpoenaed in Congress probe of U.S. Capitol attack – CNN
WASHINGTON – The U.S. House of Representatives committee probing the deadly Capitol riot last year has issued a subpoena for Judd Deere, who served as one of former President Donald Trump’s communications…
French investigators to head soon to Saudi Arabia for Dakar rally probe – source
PARIS – French investigators are preparing to go to Saudi Arabia soon as part of their investigation into incidents targeting French nationals that marred last month’s Dakar sports car rally, a source…
AT&T Mexico says govt should limit America Movil’s market concentration – paper
MEXICO CITY – AT&T’s top executive in Mexico has urged the government to place limits on its telecom rival America Movil and keep it out of new markets to ensure fair competition,…
De La Rue activist investor calls for sale or break-up of banknote printer – FT
– Crystal Amber Fund, one of De La Rue’s largest investors, has called on the British banknote printer to consider a sale or break-up after its profit warning, the Financial Times reported…
UK’s rich and poor face similar inflation – but different economic pain
By Andy Bruce LONDON – Britain’s rich and poor alike are experiencing surges in inflation, official data showed on Friday, although soaring food and energy prices mean low-income households stand less chance…
Stellantis commitments in Italy unaffected by early loan repayment – union
MILAN – Management at carmaker Stellantis has confirmed its commitment to preserve jobs and plants in Italy despite the early repayment of a 6.3 billion euro ($7.03 billion) state-backed loan, the Uilm…
Japan Dec factory output seen down slightly for first time in 3 months – Reuters poll
TOKYO – Japan’s factory output likely slid in December for the first time in three months due to lingering supply bottlenecks, a Reuters poll showed. Meanwhile, retail sales were seen growing for…
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