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Q3 2019 Cymabay Therapeutics Inc Earnings Call...
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It’s a big week for the markets. UK politics and trade are in focus on the geopolitical front, with the RBNZ also in action. Stats will also influence....
(Bloomberg) -- Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Apple Podcast, Spotify or Pocket Cast.India will import 100,000 tons of onions, Food and Consumer Affairs Minister Ram Vilas Paswan said in a message on Twitter on Saturday, in a bid to curb rising prices.State-owned trading firm MMTC Ltd. will import the onions so that they are available for distribution between Nov. 15 and Dec. 15, the minister said. State co-operative National Agricultural Cooperative Marketing Federation of India Ltd. will supply them in the local market.The latest move by Prime Minister Narendra Modi’s administration is aimed at controlling prices of the kitchen staple that has contributed to bringing down past governments. A more than 200% surge in onion prices has pushed India’s September headline inflation rate to its highest level since July 2018 after heavy monsoon rains damaged crops and reduced supplies. The government has...
(Bloomberg Opinion) -- Alibaba Group Holding Ltd. should put its Singles’ Day shopping extravaganza out to pasture.The Nov. 11 annual event, which has been going for a decade, started as a marketing gimmick for an upstart e-commerce company looking to draw a crowd. And it did. The 24-hour shopping period, during which Alibaba and its vendors offer big discounts while celebrities (Taylor Swift this year) jet in to entertain crowds, is focused on one number: gross merchandise value, a fancy word for turnover, or the amount of money that sloshes through the cyber cash registers of the company’s e-commerce platforms.GMV grew more than 4,000 times between 2009 and 2018, hitting $30.8 billion last year. But the metric is meaningless. There are ways to juice the figure, and it has almost zero correlation with Alibaba’s revenue or profit. In fact, Alibaba stopped reporting GMV in its quarterly financials two years ago (though it still references growth...
Every investor in Cantabil Retail India Limited (NSE:CANTABIL) should be aware of the most powerful shareholder......
