Novartis Agrees to Buy Chinook for Up to $3.5 Billion
Novartis AG agreed to buy Chinook Therapeutics Inc. for as much as $3.5 billion to add two promising
2023-06-12 13:50
UBS Completes Credit Suisse Takeover to Create Swiss Bank Titan
UBS Group AG completed the deal to acquire former rival Credit Suisse Group AG, sealing the biggest merger
2023-06-12 13:23
Hedge Fund Bond Bears Are Relentlessly Shorting Treasuries
Hedge funds extended their record selling streak of short-dated Treasuries amid bets the Federal Reserve’s fight with inflation
2023-06-12 12:28
China’s Covid-Positive Test Rate Jumped to 40% Last Month
China was walloped by a Covid-19 resurgence in May, with a positive test rate nearing the peak seen
2023-06-12 12:26
Qatar’s Top Dealmakers Get Ready for a Spending Power Boost
Qatar is targeting more investment in new frontiers and sectors like technology and health care, as high demand
2023-06-12 12:18
US Economy Remains ‘Very, Very Hot,’ Larry Summers Says
The US economy remains “very, very hot,” though not as much as it was six to 12 months
2023-06-12 10:58
Iron Ore Sheds Nearly 5% After Goldman’s China Property Warning
Iron ore fell for the first time in nine sessions as Goldman Sachs Group Inc. warned that property
2023-06-12 10:50
UBS to Impose Risk Limits on CS With Deal Set to Close, FT Says
UBS Group AG will impose strict restrictions on bankers from Credit Suisse Group AG, including a ban on
2023-06-12 10:47
Goldman Expects ‘L-Shaped’ Recovery in China’s Property Market
China’s struggling real estate industry is expected to see an L-shaped recovery in the coming years, placing a
2023-06-12 10:23
Eisai, Biogen Clinch FDA Advisers’ Support for Alzheimer’s Drug
Eisai Co.’s Alzheimer’s disease drug developed with Biogen Inc. gained support from advisers to US regulators, paving the
2023-06-12 09:28
Four Vietnam Police Officers Killed in Coffee Region Shootings
Vietnam police arrested 16 suspects after four officers were killed in shootings at police stations in the country’s
2023-06-12 09:16
Fed Will Keep Rates High Thanks to Inflation Fueled by Corporate Greed, Investors Say
Soaring corporate profits are a big part of the inflation problem, and keeping interest rates high is the
2023-06-12 08:27