Baccardax, a former bond salesman who spent 8 years on the trading floor in Toronto and London, has worked in and around the global financial markets for more than 25 years, covering companies from birth in the bond markets to death in the bankruptcy courts -- and all points in between.
Following television stints with CNBC Europe in London, where he served as on-air Economics editor co-anchor of the Closing Bell program, Baccardax was named London Bureau Chief in October 2016.
GlaxoSmithKline said Monday that it's agreed to buy ovarian cancer drug specialists Tesaro for around $5.1 billion.
Global oil prices surged Monday, lifting the shares of major producers around the world, as investors bet a trade truce between the U.S. and China, as well as possible production cuts from OPEC, will reverse the market's steep autumn decline heading into 2019.
Global stocks surged Monday, lifting U.S. equity futures firmly into the green, after President Donald Trump proclaimed a 90-day "truce" in the still-simmering trade war between Washington and Beijing following this weekend's G20 Summit in Argentina, laying the groundwork for a solid December rally in markets around the world.
Marriott International said a massive data breach could have affected as many as 500 million customers.
Here's what you need to know after the world leaders return back to their home countries.
VMware shares are climbing Friday after the software group controlled by Dell Technologies posted stronger-than-expected third quarter sales in its cloud computing business.
PVH shares are rising Friday after weakness in its Calvin Klein brand pulled third quarter sales for the apparel maker below Wall Street estimates and it cautioned that tariffs on clothing imports from China could hit its bottom line.
President Donald Trump formally signed his intention to pursue a three-way trade deal between the United States, Canada and Mexico Friday at the G20 summit in Argentina that will replace the existing NAFTA.
Deutsche Bank shares hit a fresh all-time low Friday as prosecutors and tax inspectors continued to search its Frankfurt headquarters as part of an ongoing probe into money laundering allegations linked to the publication of the Panama Papers.
Global stocks traded mixed again Friday as investors around the world kept a nervous eye on the start of the G20 summit in Argentina and prepped for the scheduled showdown between Presidents Donald Trump and Xi Jingping that could end or intensive the ongoing trade war between the world's two biggest economies.
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