Author: Multibagger News

India’s Supreme Court Orders National Task Force of Doctors to Ensure Workplace Safety In a groundbreaking move, India’s Supreme Court has mandated the creation of a national task force of doctors to address workplace safety issues in the wake of a tragic incident. Following the rape and murder of a 31-year-old trainee doctor, protests have erupted across the nation, prompting a call to action. The court has also requested a report from federal police on the status of their investigation into the heinous crime that occurred at a state-run hospital in Kolkata. Doctors nationwide have taken a stand by refusing…

Redhill Biopharma Ltd (RDHL) Stock Hits New 52-Week High: What Investors Need to Know Redhill Biopharma Ltd (RDHL) has reached a 52-week high, touching $8.03, showcasing a significant peak in its yearly trading range. Despite this milestone, the biopharmaceutical company has faced a sharp decline of -66.24% over the past year, underlining the volatility of the biotech sector. Investors are keeping a close eye on Redhill’s progress and upcoming announcements, which could impact the stock’s trajectory. In recent news, RedHill Biopharma has reported promising results from in vivo studies of its drug, opaganib, for obesity and Type 2 diabetes treatment.…

Japan’s Strategic Seafood Export Expansion: Filling the China Gap and Tapping New Global Markets By Yuka Obayashi and Katya Golubkova Japan’s Innovative Seafood Export Strategy: How Tokyo is Navigating the Chinese Import Ban TOKYO (Multibagger) – Japan is accelerating its promotional efforts to boost seafood exports to diverse global markets in Asia, the U.S., and Europe. This comes as a strategic move to mitigate the impact of China’s year-long import ban, according to Norihiko Ishiguro, chairman of the Japan External Trade Organization (JETRO). China, once the largest market for Japanese seafood, imposed a ban on Japanese-origin seafood citing concerns over…

Japan’s Shrinking Workforce Driving Changes in Labour Market, BOJ Research Shows By Leika Kihara The Bank of Japan released two research papers on Tuesday highlighting the impact of Japan’s dwindling working-age population on the labour market. The findings suggest that firms are facing increased pressure to raise wages and service prices due to structural changes in the workforce. According to the central bank, the persistent labor shortages in Japan have led to stagnant wages for permanent workers, as female and elderly workers have taken on low-paid, part-time jobs to fill the gap. However, as the pool of available female and…

Cadrenal Therapeutics (CVDK) Hits 52-Week High Amidst Challenging Year: What Investors Need to Know Cadrenal Therapeutics, trading under the ticker CVKD, has reached a 52-week high, with its stock price hitting $6.03. This peak comes amidst a challenging year for the company, which has seen its share value decline by 48.65% over the past year. Despite this decline, the recent high represents a point of resilience for Cadrenal Therapeutics. In recent news, Cadrenal Therapeutics has initiated a 1-for-15 reverse stock split to increase the per-share trading price of its common stock. This move aims to maintain its listing on the…

As the world’s best investment manager and financial market journalist, I bring you the latest update on the weakening dollar and its impact on global currencies. The dollar’s decline has pushed the euro to its highest level this year, while sterling is also seeing gains. With the U.S. central bank expected to cut interest rates, all eyes are on Federal Reserve Chair Jerome Powell’s speech at Jackson Hole. Investors are eagerly awaiting Powell’s comments for clues on the magnitude of the rate cut. While the markets initially priced in a larger cut, recent data showing resilient consumer spending has led…

By Daksh Grover Gold prices remained flat near their all-time high on Tuesday, with investors eagerly anticipating the release of the U.S. Federal Reserve minutes and Chair Jerome Powell’s speech for insights into potential rate cuts. At 0514 GMT, gold was trading at $2,503.05 per ounce, just below the record high of $2,509.65 reached on Friday. Meanwhile, U.S. gold futures were nearly unchanged at $2,540.90. “Gold prices have shown stability in the Asian session, with buyers defending the new record high,” said IG market strategist Yeap Jun Rong. “The overall upward trend for gold remains strong, with potential for prices…

Alaska Airlines and Hawaiian Airlines Merger Clears Major Regulatory Hurdle (Multibagger) – In a recent announcement, Alaska Airlines revealed that the U.S. Department of Justice (DOJ) has completed its regulatory review of the proposed merger with Hawaiian Airlines. This marks a pivotal step in the consolidation process of these two major carriers. According to a statement posted on Alaska Airlines’ website, the company expressed enthusiasm about this development, stating, "This is a significant milestone in the process to join our airlines." The next phase involves awaiting further instructions from the U.S. Department of Transportation. What Does This Mean For You?…

Learn about Vice President Kamala Harris’ proposal to raise the corporate tax rate to 28% from 21% if she wins the upcoming election against Donald Trump. Find out how this move could affect working people, billionaires, and big corporations, as well as the U.S. deficit. Get insights on the potential impact on the economy and your finances. As the best investment manager and financial market journalist, I bring you the latest news on Vice President Kamala Harris’ plan to increase the corporate tax rate to 28% if she wins the November election against Donald Trump. This move is aimed at…

By Jeff Mason CHICAGO (Multibagger) – Former President Barack Obama’s advice to Kamala Harris after she secured the Democratic presidential nomination was to tap into the campaign talent pool. Following his guidance, high-profile alumni from Obama’s previous election efforts quickly joined her campaign, solidifying his support for her. Obama’s endorsement of Harris came after some initial doubts about her ability to beat Republican candidate Donald Trump. However, as opinion polls shifted in the party’s favor, Democrats rallied around Harris, supported by Obama and his team. Having known Harris for two decades, Obama’s influence on her political career has been significant.…