Global markets dip as U S and allies target ISIS in Syria
Amid weak data and geopolitical tension, U S led strikes against ISIS in eastern Syria used missiles from ships in the Red Sea and Persian Gulf. Treasuries and gold gained while stocks fell on inversion rules, with Medtronic AbbVie and AstraZeneca among key movers in health care shares. The euro held around $1.29 and the dollar rose versus the yen.
MENTIONED IN THIS ARTICLE
U.S
Islamic State Group
Syria
Red Sea
Persian Gulf
Joshua Mahoney
Alpari
U.S Treasury
U.S. Treasury
Krosby
Medtronic
AbbVie
AstraZeneca
Pfizer
Cadillac moves headquarters from Detroit to New York
Cadillac will shift its headquarters to Manhattan's SoHo, separating as a new unit while most design and engineering stay in Detroit. Fewer than 100 employees may move in the first phase as GM aims to be closer to luxury buyers and hedge fund wealth in the New York market.
MENTIONED IN THIS ARTICLE
Detroit
Cadillac
General Motors
New York
Manhattan
SoHo
Johann de Nysschen
Cadillacs
Michigan
Texas
Canada
Mexico
China
David Caldwell
Allen Adamson
Landor Associates
Adamson
Nyc
Fiat Chrysler
London
U.S
Florida
Chevrolet
Buick
GMC
de Nysschen
Audi
Virginia
Nissan
Infiniti
Japan
Hong Kong
Oil near its low for the year
Oil futures hover near yearly lows as demand softens in China and Europe while supply remains ample from the U S and Canada. Despite Iraq violence and sanctions on Russia, global production continues. price sits around 91.56 after a June peak of 107.26 with no sustained disruption.
MENTIONED IN THIS ARTICLE
New York
Iraq
OPEC
Russia
U.S
Canada
China
Europe
Judith Dworkin
ITG Investment Research
counterfeit drugs global fake medicines flood markets
The World Health Organization cites 430 billion dollars in annual illicit drug sales and fake medicines worldwide. Counterfeit drugs infiltrate doctors offices and hospitals, with rogue online pharmacies in developed nations and cases like Avastin counterfeit vials entering U S. supply, including a Montana man pleading guilty to falsifying reports about distributing fake Avastin.
MENTIONED IN THIS ARTICLE
Tion
Tries
U.S
Avastin
Montana
Montana Healthcare Solutions
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World Health Organiza
Amane
Frigidaire Gallery
Ptember
Electrolux
Air En
Cleveland
Elyria
StewartAppliance.com
Stewarts
Mon
Thur
Sun
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