AstraZeneca in talks with Bristol Myers Squibb on $400 billion megadeal, FT reports
U.K. pharmaceutical giant AstraZeneca is considering a deal to merge with its U.S. rival Bristol Myers Squibb.
OPEC+ agrees September oil hike, completing rollback of voluntary cuts
Due to export disruptions from caused by the Iran and Ukraine wars, monthly OPEC+ hikes over most of this year have had little impact on the market.
Investors scored on Iran war’s oil market boom. Staying long the trade will get trickier
Oil price volatility caused by U.S.-Iran war created big market winners, but for buy-and-hold investors, there are better long-term energy themes to monitor.
Japan to announce that Tokyo and Washington took joint action to support the yen, Reuters reports
Finance Minister Satsuki Katayama is likely to stress the two countries’ determination to combat what they see as excessive yen declines, sources tell Reuters.
Japan to vow coordination with the U.S. on weak yen in historic battle
Japan has been struggling to curb a relentless drop in the yen that is pushing up import prices and stoking broader inflation.
Trump cancels planned attack on Iran, saying he reached an agreement over the ‘perimeters of a deal’
The U.S. president said Iran and its regional neighbors asked the U.S. to hold off on attacks after ‘the perimeters of a deal has been agreed to.’
An exam leak in India exposed a Gen Z jobs crisis that goes much deeper
While the leak of key exam papers was the trigger for the recent student protest in India, rising unemployment is the real fuel angering Gen Z in the country.
