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Business News
AstraZeneca contacted Gilead over potential megamerger: Bloomberg News
Britain's AstraZeneca has approached U.S. rival Gilead Sciences about a possible merger to form one the world's largest drug companies, Bloomberg News reported on Sunday, citing people familiar with the matter.
Categories: Business News
UPDATE 4-AstraZeneca contacted Gilead over potential megamerger -Bloomberg News
Categories: Business News
France confirms 1 billion euro target for aerospace fund
France is seeking to create a 1
billion euro ($1.1 billion) fund as part of an emergency plan
for the aerospace industry to be unveiled in the coming days,
the transport minister said on Sunday.
Categories: Business News
UPDATE 1-India's Reliance says Abu Dhabi Investment Authority invests $752 mln in digital unit
Indian oil-to-telecoms
conglomerate Reliance Industries said on Sunday that
the Abu Dhabi Investment Authority (ADIA) will buy 1.16% of its
digital unit Jio Platforms for 56.83 billion rupees ($752
million).
Categories: Business News
UPDATE 3-AstraZeneca approached Gilead about potential merger - Bloomberg News
Britain's AstraZeneca Plc
has approached U.S. rival Gilead Sciences Inc about a
possible merger that would form one the world's largest drug
companies, Bloomberg News reported on Sunday, citing people
familiar with the matter.
Categories: Business News
Lufthansa CEO promises Germans a 'homecoming guarantee'
Lufthansa will bring home any Germans it flies abroad on vacation, Chief Executive Carsten Spohr said in a newspaper interview, seeking to assuage holidaymakers' concerns that new coronavirus outbreaks could leave them stranded.
Categories: Business News
India's Reliance says Abu Dhabi Investment Authority invests $752 mln in digital unit
Indian oil-to-telecoms giant
Reliance Industries said on Sunday that the Abu Dhabi
Investment Authority (ADIA) will buy 1.16% of its digital unit
Jio Platforms for 56.83 billion rupees ($752 million).
Categories: Business News
MIDEAST STOCKS-Gulf stocks rise on oil pact, Egypt lifted by IMF agreement
Most bourses in the Gulf ended higher on
Sunday, a day after the OPEC+ group of oil producers agreed to
extend record production cuts until the end of July, with
Egyptian shares boosted by a preliminary deal on a standby IMF
loan for the country.
Saturday's deal between OPEC
Categories: Business News
BA, Ryanair, easyJet protest over 'wholly unjustified' UK quarantine plan
Three airlines have written to the British government in protest at its "wholly unjustified and disproportionate" quarantine rules for most international arrivals from Monday, a copy of the letter seen by Reuters showed.
Categories: Business News
BA, Ryanair, easyJet protest over 'wholly unjustified' UK quarantine plan
Three airlines have written to
the British government in protest at its "wholly unjustified and
disproportionate" quarantine rules for most international
arrivals from Monday, a copy of the letter seen by Reuters
showed.
Categories: Business News
AstraZeneca approached Gilead about potential merger - Bloomberg News
AstraZeneca Plc has approached rival drugmaker Gilead Sciences Inc about a potential merger, Bloomberg News reported on Sunday, citing people familiar with the matter.
Categories: Business News
REFILE-UPDATE 2-AstraZeneca approached Gilead about potential merger - Bloomberg News
AstraZeneca Plc has approached
rival drugmaker Gilead Sciences Inc about a potential
merger, Bloomberg News reported on Sunday, citing people
familiar with the matter.
Categories: Business News
RPT-Wall St Week Ahead-Bond investors look for Fed to justify steepening yield curve
Expectations that the global
economy has dodged the worst-case coronavirus pandemic scenarios
have led to a dramatic sell-off in U.S. government bonds from
their record highs, pushing the yield curve to its steepest
level since March.
Categories: Business News
UPDATE 2-Shanghai Junshi Biosciences in human tests for coronavirus antibody drug
Shanghai Junshi Biosciences
has started an early-stage study in China to test a
potential antibody treatment against the coronavirus in
uninfected people, the company said in a filing on Sunday.
Categories: Business News
Emirates, Etihad extend temporary salary cuts to September
Gulf carriers Emirates and Etihad Airways are extending the period of reduced pay for their staff until September as they try to preserve cash during the global coronavirus pandemic.
Categories: Business News
UPDATE 1-AstraZeneca approached Gilead about potential merger -Bloomberg News
AstraZeneca Plc has approached
rival drugmaker Gilead Sciences Inc about a potential
merger, Bloomberg News reported on Sunday, citing people
familiar with the matter.
Categories: Business News
Rosneft says no change to dividend policy despite lower state stake
Russia's largest oil producer Rosneft said on Sunday it planned to maintain a dividend policy of paying out half of its net profit despite the state lowering its stake in the company to below 50%.
Categories: Business News
AstraZeneca approaches Gilead about potential merger - Bloomberg News
AstraZeneca Plc has approached
rival drugmaker Gilead Sciences Inc about a potential
merger, Bloomberg News reported https://bloom.bg/3h2GU9e on
Sunday, citing people familiar with the matter.
(Reporting by Rama Venkat in Bengaluru
Editing by Raissa Kasolowsky)
Categories: Business News
UPDATE 2-China May exports slip back into contraction, imports worst in 4 years
China's exports contracted in
May as global coronavirus lockdowns continued to devastate
demand, while a sharper-than-expected fall in imports pointed to
mounting pressure on manufacturers as global growth stalls.
Categories: Business News