Stock To Watch: Myovant Sciences (MYOV)

Myovant Sciences’ (MYOV) phase III LIBERTY extension study of once-daily Relugolix combination therapy in women with uterine fibroids has yielded encouraging results. The study has demonstrated an 87.7% response rate at one year while maintaining bone mineral density. The women experienced, on average, an 89.9% reduction in menstrual blood loss. Uterine fibroids are noncancerous tumors […]

Moneybarn to pay £33m in fines and compensation

Moneybarn will pay nearly £33m in fines and customer compensation after the City regulator found serious breaches in the way the subprime car lender treated vulnerable customers. The Financial Conduct Authority, which fined Moneybarn £2.77m, said the company had not treated customers fairly when they fell behind on repayments. The FCA said the lender, which […]

Why Aren’t Imminent Defense Contracts Lifting Northrop Grumman Stock?

When the White House announced its fiscal year 2021 budget on February 10, the Pentagon once again came out a big winner. The proposed budget included $705.4 billion in fiscal year spending for the Department of Defense, essentially flat with the 2020 fiscal year allocation of $704.6 billion. The national security budget proposal totaled $740 […]

Deloitte, too, refuses to offer non-audit services to clients

Deloitte India would not provide non-audit services to all listed companies and other entities where public money is involved such as banks and insurance companies, if they are its audit clients. After Price Waterhouse (PW) India, Deloitte Haskins & Sells has said its network of firms in India will not offer non-audit services to public […]

Researchers Debate Whether Global Emissions Have Peaked

Sign up to receive the Green Daily newsletter in your inbox every weekday. Have global emissions from energy peaked? $81.​9B Renewable power investment worldwide in Q4 2019 0 3 2 1 0 9 ,0 8 7 6 5 4 0 9 8 7 6 5 0 5 4 3 2 1 Soccer pitches of forest […]

FDA Okays Marketing Of Ultrasound Software To Examine Heart

The U.S. Food and Drug Administration or FDA granted marketing authorization for the first cardiac ultrasound software that uses artificial intelligence (AI) to help the user capture images of a patient’s heart that are of acceptable diagnostic quality. These images will typically help in the diagnosis of various cardiac conditions of patients. The software called […]

Textron Specialized Vehicles Recalls Gas-Powered Vehicles

Textron Specialized Vehicles recalled 20,573 units of Gas-powered E-Z-GO, Cushman and Tracker brand off-road vehicles for possible fire hazard, a statement by the U.S. Consumer Product Safety Commission said. The company said starter generator wire can be improperly secured, allowing it to come into contact with the vehicle’s exhaust that could cause a fire hazard. […]

Laura Ashley owner in crisis talks to secure emergency funding

Laura Ashley has confirmed that its Malaysian owner is locked in make-or-break talks with its bank over access to emergency funding as the fashion and furniture retailer revealed a steep drop in sales amid “challenging” conditions for the sector. The company, which is listed in the UK, said it would have to “consider all appropriate […]

Patients describe what it's like to contract coronavirus

Hong Kong (CNN Business)As the novel coronavirus outbreak continues to batter China, the country’s central bank has implemented a new strategy to contain the virus — deep cleaning and destroying potentially infected cash. The new measures, announced by the People’s Bank of China on Saturday, aim to contain the spread of the virus, officially known […]

How Tata Motors has used birds in its aggressive branding exercise

Be it the name, the design and communication campaign and the engagement processes being imagined between the brand and its buyers, the company is casting its cars in a new mould, reports T E Narasimhan.  More than two centuries since an albatross in the skies inspired Samuel Taylor Coleridge’s tragic ballad, ‘Rime of the Ancient […]