Uncategorized – Page 93 – Icarus Signals. The home of economic insight

How BioNTech’s Husband-and-Wife Team Developed Pfizer’s Vaccine

Posted on November 14, 2020 by TeamIcarus | 0 Comments

TOKYO -- When Ugur Sahin, co-founder of the German biotech company BioNTech, first picked up an article published in January in the Lancet medical journal about a mysterious virus in Wuhan, he told his wife and business partner Ozlem Tureci…

Thailand Bets on New Rice Grain to Feed the World

Posted on November 14, 2020 by TeamIcarus | 0 Comments

Every day, Chuanchom Deerusamee eats thousands of grains of rice. Her relationship to the grain goes much deeper than her diet.

GIC Private Limited to invest Php20bn in AC Energy Philippines

Posted on November 14, 2020 by TeamIcarus | 0 Comments

AC Energy Philippines (PSE: ACEN) today announced the potential investment of an affiliate of GIC Private Limited (“GIC”), Arran Investment Pte Ltd, in ACEN, in a deal valued at approximately Php 20bn.

Disney Tops Q4 Estimates as Disney+ Surpasses 73M Paid Subs

Posted on November 14, 2020 by TeamIcarus | 0 Comments

Shares of Disney (DIS) - Get Report jumped after-hours Thursday after the media conglomerate reported fourth-quarter results that topped analyst expectations, showing strong growth in its streaming businesses.

Asian Markets Retreat as Global Economy Appears Likely to take another COVID Hit

Posted on November 14, 2020 by TeamIcarus | 0 Comments

TOKYO — Asian shares opened lower Friday as rising cases of coronavirus infections in the U.S., Europe and Asia add to worries that economies will once again be hamstrung by pandemic restrictions on travel and businesses.

Online Brokers Suffer Service Failures as Markets Surge

Posted on November 14, 2020 by TeamIcarus | 0 Comments

As markets surged on positive vaccine news and election sentiment, online investors and traders worldwide were foiled, yet again, by an inability to place trades on many major platforms.

China’s Tencent Quarterly Profit Jumps 89%, Beats Forecast

Posted on November 13, 2020 by TeamIcarus | 0 Comments

HONG KONG (Reuters) - Chinese gaming and social media giant Tencent Holdings Ltd (HK:0700) reported on Thursday a forecast-beating 89% rise in quarterly profit, boosted by video games and advertising businesses.

Asian Stocks Pare Gains Amid Caution About Bets on Coronavirus Vaccine

Posted on November 13, 2020 by TeamIcarus | 0 Comments

TOKYO/BOSTON (Reuters) - Asian shares pared their gains in choppy trade on Thursday as investors awaited further details on whether drugmakers can develop a coronavirus vaccine.

An Economist’s Guide to the World in 2050

Posted on November 13, 2020 by TeamIcarus | 0 Comments

Who really won the Cold War? Maybe China. In 1972, Cold War logic pushed President Richard Nixon into an unlikely alliance with Mao Zedong—bringing China back into the mainstream of the world economy. In 1991, the collapse of the Soviet…

Alibaba-Owned Lazada saw ‘Record’ Sales on Singles Day, its Singapore CEO say

Posted on November 13, 2020 by TeamIcarus | 0 Comments

SINGAPORE — Southeast Asian e-commerce firm Lazada saw a “record” number of sales on its platform during Singles Day, according to the company’s Singapore head.