Merck Sues US, Calling Move to Cut Drug Prices ‘Extortion’
Merck & Co. is suing the US over a law that will allow the government to negotiate prescription-drug
2023-06-07 01:45
Half of the biggest global companies plan to cut office space. US cities will suffer most
Around 50% of major global companies will need less real estate in the next three years, with American cities — led by San Francisco — most exposed to empty offices, new research has found.
2023-06-06 23:17
Coinbase Sued by SEC for Breaking US Securities Rules
The Securities and Exchange Commission sued Coinbase Global Inc. in federal court in New York on Tuesday, alleging
2023-06-06 22:26
BOE Ends Active Corporate Bond Sales Program as QE Fades
The Bank of England has completed its planned sales of corporate bonds originally bought as part of a
2023-06-06 21:17
Lagarde Says Inflation Is Strong, ECB to Hike Further
European Central Bank President Christine Lagarde said inflation pressures remain powerful and borrowing costs will be raised further
2023-06-06 20:27
Sequoia Splits Into Three Entities, Makes China Standalone Firm
Sequoia Capital, the venture capital powerhouse, is breaking up into three entities across the globe, splitting the Chinese
2023-06-06 18:59
RBI Draining Liquidity Signals Its Intent to Quash Inflation
The Reserve Bank of India intensified its operations to remove cash from the banking system, showing it wants
2023-06-06 18:25
Marketmind: Markets level, Aussie hikes, crypto judders
A look at the day ahead in U.S. and global markets from Mike Dolan As world stock markets levelled off
2023-06-06 18:23
Egypt Distressed Bonds Attract Yield Hunters on Asset-Sale Bets
Investors are looking anew at Egypt’s bonds after signs of progress in its plans to sell state assets.
2023-06-06 16:48
ECB Says Consumers’ Inflation Expectations Fell Significantly
Consumer expectations for euro-zone inflation eased significantly in April, adding to the case for the European Central Bank’s
2023-06-06 16:16
German Factory Orders Fall Further, Adding to Industry Weakness
German factory orders unexpectedly fell in April, further dimming prospects for Europe’s largest economy after it endured the
2023-06-06 14:17
Stocks hold tight ranges as traders eye Fed pause prospects
By Ankur Banerjee SINGAPORE Asian stocks nudged higher on Tuesday as soft U.S. economic data reinforced expectations that
2023-06-06 14:16