While you were sleeping: Growth worries ratchet higher
By Margreet Dietz April 8 (BusinessDesk) - Equities declined amid renewed concern about the global economy and whether the world’s central banks have hit a wall in efforts to bolster growth. International Monetary Fund Managing Director Christine Lagarde warned that the gl...
While you were sleeping: Pfizer, Allergan terminate deal
By Margreet Dietz April 7 (BusinessDesk) - Shares of Pfizer and Allergan led gains in health care stocks on both sides of the Atlantic as their abandoned merger plans, following new US tax rules, spurred fresh bets on new merger and acquisition activity in the sector. Wall...
While you were sleeping: Allergan shares sink
By Margreet Dietz April 6 (BusinessDesk) - Equities on both sides of the Atlantic slid as concern about the global economy, spurred by reports including a surprise drop in Germany’s factory orders, returned to the forefront of investors’ minds. Also, shares of Allergan tan...
Dairy product prices rise for second time in 2016
By Margreet Dietz April 6 (BusinessDesk) - Dairy product prices rose, the second advance in the seven Global Dairy Trade auctions held so far in 2016. The GDT price index rose 2.1 percent. The average price slipped to US$2,188, down from US$2,190 at the previous auction th...