AstraZeneca bets on new cancer treatments with $2 billion Fusion Pharma purchase
The deal is AstraZeneca’s second this month after it agreed last week to buy Amolyt Pharma for $1.05 billion to shore up its rare disease portfolio.
‘Glitch’ at Ethiopia’s biggest bank sees customers withdraw millions that isn’t theirs
Ethiopia’s largest bank is struggling to recoup funds after a glitch over the weekend allowed customers to withdraw millions of dollars, according to local media reports.
Unilever to split off its ice cream unit including Ben & Jerry’s
Consumer goods giant Unilever said Tuesday that it is separating its ice cream unit as part of a restructuring plan that will affect 7,500 jobs.
CNBC Daily Open: U.S. consumer sentiment stays stable amid inflation worries
American consumer sentiment seems to be holding steady even as inflation concerns linger.
War, reforms and a possible successor? Here’s what we could see from 6 more years of Putin
Vladimir Putin’s reelection to a fifth term in office comes at a time of geopolitical uncertainty for Russia.
China and New Zealand pledge deeper trade and economic cooperation
China and New Zealand are working toward implementing an upgraded version of the free trade agreement between the two countries.
Germany’s refusal to send ‘Taurus’ missiles to Ukraine is highly contentious — but won’t break the government
German politics has become embroiled in a debate about sending Taurus missiles to Ukraine, highlighting cracks in the coalition government.
From Carl Icahn to Gautam Adani: How short-seller Hindenburg is making a name for itself
Short-selling is a controversial practice, since it involves making money from the decline of somebody else’s asset value.
China tightens regulations on consumer finance companies
China has tightened the screws on consumer finance companies, raising the capital limit for non-bank financial firms which provide small personal loans.
Bank of Japan ends the world’s only negative rates regime in a historic move, abandons yield curve control
These changes are the sharpest pull back in one of the most aggressive monetary easing exercises globally, as BOJ sought to reflate its economy.
