NEW YORK (Reuters) - Hikma Pharmaceuticals Plc's U.S. subsidiary has raised the price of a common diarrhea drug by more than 400 percent and is charging more for five other medicines as well, the Financial Times reported on Sunday.
My easy like Sunday morning reads: • Starbucks Teaches Silicon Valley a Lesson in Tech (Barron’s) • Donald Trump puts the great ‘Cohn trade’ in doubt (Financial Times) • The Unsolvable Puzzle (Collaborative Fund) • Dow 36,000: Mass Illusion,...Show More Summary
One year ago, the financial world was abuzz when the bond manager of what was once the world's biggest bond fund had a dire prediction about how "all of this" will end (spoiler: not well). Gross: Global yields lowest in 500 years of recorded history. Show More Summary
The Financial Times reminds readers of something that has occurred numerous times throughout history when leaders lose the support of their people... "The president may exploit an overseas conflict to distract from problems at home..." Authored...Show More Summary
Finish the week strong with our pre-weekend morning train reads: • The perils of calling the peak of the equities bull run (Financial Times) see also Seven Strategies for Investing at Market Peaks (Bloomberg View) • The behavioural economics...Show More Summary
You are not a kid anymore. It's time to start acting like an adult, especially with regard to your money. Procrastination won't help you on the path to financial freedom, so it's time to grow up, and examine whether you've been avoiding these adult money moves. 1. Bolstering your emergency fund...
Widespread consumer inertia and the resulting diminished competition reflect the high switching costs that characterise ‘confusopoly’ markets, such as energy, financial services and telecoms. Next Generation Intermediary services (NGIs) are emerging as an innovative response to these problems. Show More Summary
The first time we laid out the dire calculations about what is perhaps the biggest mystery inside China's financial system, namely the total amount of its non-performing loans, by former Fitch analyst Charlene Chu we called it a "neutron...Show More Summary
LONDON – Charlene Chu, an influential China analyst, of Chinese debt, warned the country's debt problem is starting to have global implications. Speaking to the Financial Times' Gabriel Wildau this week, Chu said: " Everyone knows there’s a credit problem in China, but I find that people often forget about the scale. Show More Summary
THE past decade has been a tumultuous one. Civil wars, terrorist attacks and a financial meltdown have put pressure on the quality of life around the world. Small wonder then that the Economist Intelligence Unit, our corporate cousin, has found that most of the world’s cities have grown less liveable for expats and business travellers.
Several Federal Reserve monetary policymakers wanted to announce last month exactly when they would start reducing the central bank's trillions of dollars in assets, but most preferred to wait to see how the economy and financial markets were doing over the summer, according to an account of the...
Testosterone directly impacts financial decisions that drive prices up and destabilize markets, research has shown for the first time.
Tencent saw profits and revenue rise during the second quarter of this financial year. That's thanks, in part, to the performance of its PC and smartphone games....
The Federal Reserve's #2 man isn't a fan of the Trump administration's proposed push for deregulation. In an interview with the Financial Times' Sam Fleming, Vice Chairman of the Federal Reserve Stanley Fischer described moves to unwind...Show More Summary
Working from home cab bring on a whole host of benefits: no commute, less stress, in many cases, fewer distractions, and financial savings. Working from home as a parent ups the ante with the benefit of more time for your children. Working parents may likely agree that time is short when you have to rush out...
China's huge debt pile could be the trigger for the next financial crisis as borrowing reaches unsustainable levels, according to a study from the International Monetary Fund (IMF). The IMF released its annual report on the Chinese economy,...Show More Summary
To the editor: Kudos to The Times for devoting editorial space to the vexing problem of unaffordable traffic tickets in our state. But the emphasis on how this affects only poorer people ignores the fact that it also impacts the middle class as well. (“Relief from the high cost of traffic tickets...
A really long, long time ago, well before most of today's wall street analysts made it through puberty, the entire international financial system almost collapsed courtesy of a mortgage lending bubble that allowed anyone with a pulse...Show More Summary
This is part of a sponsored campaign with Wells Fargo. All opinions are my own. Recently, I had such a wonderful time sitting on BMWK’s Financial Intimacy panel sponsored by Wells Fargo. Founders of BMWK, Ronnie and Lamar Tyler, strategically positioned this discussion as the kick-off event to their 3rd annual BMWK Marriage Cruise—to make Keep Reading ?
Last month, Financial Times columnist Simon Kuper wrote that he was applying for French citizenship.