The $160-billion stock deal will push the combined companies, to be called Pfizer Plc and based in Ireland, past Switzerland’s Novartis to the top of the drug industry, based on annual sales of about $60 billion.
NEW YORK, Nov 23 (Reuters) – The dollar hit an eight-month high on Monday, pushed by unusually hawkish comments from a regional U.S. Federal Reserve president over the weekend that helped further cement expectations of an interest rate hike in December.
The dollar index, which tracks the USA currency against six major peers, edged down about 0.1 percent to 99.741, after it rose to an 8-month high of 100.00 overnight, within sight of its 12-year peak of 100.39 touched on March 13. The euro had touched a low of $1.0617 last...
The Indian prime minister flew into Singapore from Malaysia in the second and final leg of his four-day visit to southeast Asia. He witnessed the signing of the accords, attended a lunch hosted by Lee. “Now. the other countries are thinking that if they get an opportunity,...
The Canadian province of Alberta, holder of the world’s third-largest oil reserves, has proposed a new climate change plan that will give efficient oil-producing companies room to grow while cutting carbon emissions, experts and stakeholders said on Monday.
Republican front-runner Donald Trump, who has called for a corporate tax overhaul, called the deal “disgusting” in a statement, saying “our politicians should be ashamed”. The Treasury Department has taken steps, including several announced last week, to...
Gillian Wright, SoCal Gas vice president of customer services, and Jimmie Cho, senior vice president of gas operations and system integrity, answer questions from the Los Angeles County Board of Supervisors on ther Aliso Canyon natural gas leak on November 24, 2015.
“Yes, we want to bring them fast, but we also want to do it right”, Immigration Minister John McCallum said, adding that was the clear message he heard from Canadians.
For now, it will be hard to jump to a conclusion regarding the full-year delivery guidance of Tesla, and it will be best for investors to wait for further updates about the company. On Monday afternoon, the company revealed the pricing for all of its models beyond the Signature...
Investor sentiment was also subdued as traders awaited a speech on Thursday from Federal Reserve chief Janet Yellen hoping for clues about United States interest rates.
The Canadian province of Alberta, home to the country’s oil sands, said Sunday it will put in place an economy-wide tax on carbon emissions in 2017, placating criticism it’s not doing enough to combat climate change.