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From theto the concern economic hit caused by the pandemic. We have job losses here with a more modest hit in this part of the world. Else is going on out there and quickly looking at the dollar index is. We do have the dollar steady at the moment. We had the surge in the dollar seeing a little bit of a spike taking place. Being seen as a haven currency. The yen, 104. 49. New york crude, what we have here is a plunge taking place overnight. Nearly 5 . They recovered a little bit from that. 8 10 of 1 . 67 a barrel for wti. Gold the steady, but not really acting as a safe haven. We have breaking news, the dow jones reporting that it may close to buying nc, according to people and what would be the second Big Semiconductor tie up this week as the industry rapidly consolidates this deal. It could be worth 10 billion. Thats according to the dow jones. Dow jones reporting marvell could be close to buying inphi later this week. Lets g ....
There is a tumble on the growing u. S. Industries. Decade, asore than a the pandemic rages on. It is also slashing its final dividends. Big tech is a warned that it may lose Legal Protection over user content. Lawmakers are accusing tech shery lets get you started with a quick check of the markets. We are saying u. S. Futures, online higher at the moment. This is after u. S. Stocks tumbled by the most since june. Check is leading all of the sectors. Tech is not really acting like a haven today. Lets see how things are shaping up for the asian markets. Heres Sophie Kamaruddin in hong kong. Sophie after that steep drop that we saw for u. S. And european shares, expect losses to continue. In asia. It is the busiest day of earnings for china. In australia, we have all of these futures falling to the lowest since october 5. This is after a report of a 40 a 42 slump in profit. ....
Hour, likely to confirm thirdquarter results that beat forecasts. The first since the patriarch. It may losewarning Legal Protection over user content. Lawmakers accuse platforms of abusing their power for political speech as the election nears. First, lets get you started with a quick check of the markets. Sophie kamaruddin in hong kong. Sophie after the steep losses we saw for u. S. And european stocks, we are looking for a downside move here in asia with earnings also in focus and we have u. S. Futures edging higher early in this session. We do have aussie shares under pressure, off by. 4 this morning. This after the tech lead rebound we saw wednesday looking shortlived. And set under pressure, falling 3 after recording a 42 slump in profit. Those results coming in line with analyst estimates. Check out the aussie dollar holding about 70 but trading near a nine day. It could be in the making the next few days. Metzler about t ....
Trades on top. Ocado drops despite reporting 30 jump in sales. Jp morgan and banks kick off earnings season. Well see how much of an impact hit the banks bottom lines. It has been a weaker session in europe. Stocks have been trading deeply in negative territory. The hand over wall street, very choppy we have not seen that. Investors getting used to some of the records in the recovery trade takinghnogy. It was the opposite yesterday as some of the closures in california and texas with the spike of covid cases finally spiked a little caution. Weve seen some numbers. Signatu singapores seeing more of the fa fallout from the virus tensions from the u. S. And china again around the South China Sea and Natural Resources china claims are theirs and the ordering of chinese businesses in the states. A lot of tension one analysts said what you get is either very positive or very ne ....
I thought this happened. Good afternoon everybody i want to welcome everyone to the finance Committee Oversight hearing the fda foreign drug manufacturing inspection process. And the taxpayers whether medicare or medicaid and second and the jurisdiction under trade with the responsibility that only Quality Pharmaceuticals that responsibility is heightened now that we are living through the covid pandemic whether were in the midst of a pandemic the supplychain and starting june of last year on this issue to secretary as are in the commissioner. I ask a series of questions related to manufacturing facilities overseas to file dosages for drugs and pharmaceutical ingredients and throughout the day also with the fda managing its inspection regime that says the fda does conduct some unannounced inspections on the frequency but the gao and 2019 that they estimated they ....