The United States government will pay $ 2.1 billion to drug makers Glaxo and Sanofi for the production of COVID-19 vaccines for up to 50 million people, tests and treatments, the companies announced on Friday. The largest grant awarded under the Trump administration’s “Operation Warp Speed,” the White House initiative …
Read More »
European stocks rose on the last trading day of the month, fueled by better-than-expected results and after big gains from top US tech companies. That joy helped investors sideline, for now, the signs of increasing global economic problems due to the pandemic. The Stoxx Europe 600 SXXP Index, + 0.57% …
Read More »
Asian stocks fell on Friday when reports showed layoffs of US workers persist at high levels after the US economy contracted at an annual rate of nearly 33% in the spring, the worst quarter on record. The earnings reports, an indicator of how well companies are handling the consequences of …
Read More »
(Reuters) – Apple (AAPL.O) announced a stock split on Thursday and may not bode well for future earnings on the Dow Jones Industrial Average .DJI. FILE PHOTO: The Apple Inc logo is seen hanging at the entrance to the Apple Store on 5th Avenue in Manhattan, New York, USA, October …
Read More »
LONDON (Reuters) – Banks using Britain as a gateway to the European Union must fully implement their plans to serve EU customers before the end of the Brexit transition period in December, it said on Wednesday. EU banking watchdog. FILE PHOTO: British Union Jack and EU flags are displayed at …
Read More »