Europe's resilience trumps another China slump

[Buzz_Burner_Fresh_Updates] Europe's resilience trumps another China slump – reuters.com LONDON (Reuters) – European shares rose on Wednesday after business activity data pointed to steady growth across the continent, contrasting starkly with figures that showed the biggest contraction in China’s manufacturing sector since the global financial crisis. Continue Reading On reuters.com »  

Amazon founder Bezos unveils rocket plant, launch pad in Florida

[Buzz_Burner_Fresh_Updates] Amazon founder Bezos unveils rocket plant, launch pad in Florida – reuters.com CAPE CANAVERAL, Fla. (Reuters ) – Amazon founder Jeff Bezos on Tuesday unveiled plans to build a rocket manufacturing plant and launch site in Florida, a business that will compete against fellow tech billionaire Elon Musk’s SpaceX. Continue Reading On reuters.com » […]

Midwest Manufacturing Activity Slides in August + MORE

[Buzz_Burner_Fresh_Updates] Chicago PMI Business Index Falls Slightly To 54.4 In August – foxbusiness.com The Chicago PMI, or business barometer index, fell slightly in August but showed that the economy in the Midwest continued to grow at a moderate pace toward the end of summer. Continue Reading On foxbusiness.com » Midwest Manufacturing Activity Slides in August […]

Teva to buy Allergan generic drug business for $40.5 billion, drops Mylan bid + MORE

[Buzz_Burner_Fresh_Updates] Teva to buy Allergan generic drug business for $40.5 billion, drops Mylan bid – reuters.com TEL AVIV (Reuters) – Teva Pharmaceutical Industries has agreed to buy Allergan Plc’s generic drugs business for $40.5 billion in a cash and stock deal that will turn the Israeli company into one of the world’s largest pharmaceutical firms. […]

China state margin lender repaid some market-steadying loans ahead of schedule – sources + MORE

[Buzz_Burner_Fresh_Updates] China state margin lender repaid some market-steadying loans ahead of schedule – sources – reuters.com SHANGHAI, July 27 (Reuters) – The China Securities Financial Corporation (CSFC) returned some of the funds it borrowed from commercial banks intended to stabilise the stock market ahead of schedule, three people in the banking industry with direct knowledge […]

Asian factory growth stays weak, Europe and U.S. sluggish + MORE

[Buzz_Burner_Fresh_Updates] U.S. small business hiring takes a breather in June: NFIB – reuters.com (Reuters) – U.S. small businesses put hiring on pause in June after five straight months of solid increases, but the outlook for the labor market remained relatively upbeat, a survey showed on Wednesday. Continue Reading On reuters.com » Asian factory growth stays […]

Global factory growth eases on weak Asia, Europe: PMI + MORE

[Buzz_Burner_Fresh_Updates] Macy's becomes latest to cut ties with Donald Trump – reuters.com (Reuters) – Department store Macy’s Inc said on Wednesday that it would end its business relationship with Donald Trump, becoming the latest company to sever ties with the real estate developer and TV personality after his comments insulting Mexicans. Continue Reading On reuters.com […]