The Johnson & Johnson logo is displayed outside the company’s headquarters in New Brunswick, NJ Bloomberg News Johnson & Johnson on Thursday announced their top AAA credit ratings to borrow $ 7.5 billion in cheap financing for their acquisition of Momenta Pharmaceuticals, Inc. J&J, which makes drugs, consumables and medical …
Read More »European equities fell after minutes show the cautious stance of the Fed
Pedestrians wearing protective face masks pass a McDonalds Corp. fast food restaurant near the skyscraper offices of Sparkasse AG, center, in Frankfurt, Germany, on Wednesday 19 August 2020. Germany registered the highest number of new cases of coronavirus in almost four months, fighting fears of a resurgence of infections in …
Read More »Asian markets fall after Fed minutes bring reality check
Asian stocks slipped Thursday after sobriety set in on Wall Street, and minutes from the US Federal Reserve posed economic challenges amid the coronavirus pandemic. Japanese benchmark Nikkei 225 NIK, -0.99% fell 1% in early trade, and the Kospi of South Korea 180721, -3.79% ploft 3.1%. Hang Seng HSI from …
Read More »Gold prices end lower, falling more than 2% as the dollar slides; copper books highest settlement since 2018
Gold prices plunged sharply on Wednesday, ending a two-day string of gains as the U.S. dollar stopped its skid and as commodity investors watched minutes from the Federal Reserve’s July policy meeting, which could provide further insight into the central banker’s perspective for US and global business. Market participants will …
Read More »Stock market ignores restrictions of Trump administration. Here’s why it should not.
Text size Kevin Frayer / Getty Images Brands responded calmly to the recent escalation of the Trump administration’s war on Chinese telecom giant Huawei. Maybe too calm. U.S. Commerce Department regulations issued Aug. 17 will in theory prevent Huawei from purchasing any hardware or software that has all inputs of …
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