Year: 2020

More Americans have said they think it is okay to cheat a bit on their taxes. …read more […]

CHICAGO/LONDON, Jan 24 (Reuters) – When a newly organised vaccine research group at the U.S. National Institutes of Health (NIH) met for the first time this week, its members had expected to be able to ease into their work. In just three months time, they likely will be testing the first of a number of potential experimental vaccines against the new SARS-like coronavirus that is spreading in China and beyond. “I told them, ‘you are going to have your baptism of fire, folks’,” Anthony Fauci, director of the U.S. National Institute of Allergy and Infectious Diseases within NIH, …read more […]

(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Sight deposits at the Swiss National Bank increased only marginally last week, suggesting President Thomas Jordan and his colleagues aren’t taking much action to counter the strengthening franc.Iran-U.S. tensions and fears about the spreading Coronavirus has lifted the haven franc this year. Earlier on Monday, it breached the 1.07 per euro mark to touch a fresh three-year high.Yet the amount of cash commercial banks hold with the central bank — seen as a early indicator of activity — rose just 0.22% to …read more […]

Jan.27 — John Tregoning, research scientist at Imperial College of London’s Department of Infectious Disease, discusses the spread of coronavirus, the fatality rate and vaccines being developed to combat the disease. He speaks on “Bloomberg Markets: European Open.” …read more […]

Chinese authorities are urging the public to remain calm as they try to contain a mysterious, fast-spreading coronavirus that has killed dozens of people and infected thousands. However, millions have already left Wuhan, the city at the center of the outbreak. Photo: Associated Press …read more […]

Jan.27 — James Athey, senior investment manager at Aberdeen Asset Management, discusses the selloff in markets on fear of the economic and human impact of the deadly coronavirus. He speaks on “Bloomberg Markets: European Open.” …read more […]

U.S. drugmaker AbbVie’s $63 billion tie-up with Allergan is getting help from Nestle and AstraZeneca buying up products the Irish-domiciled company is shedding to placate regulators. AbbVie is swallowing Allergan to give it control of the lucrative wrinkle treatment Botox and to diversify a portfolio heavily dependent on its $19-billion-per-year arthritis drug Humira, the world’s best-selling medicine that is advancing toward U.S. patent expiration. Swiss food group Nestle bulked up its medical nutrition business with Allergan’s Zenpep, a product with 2018 sales of $237 million which treats people whose pancreases do not provide enough …read more […]

Kobe Bryant, the former Los Angeles Lakers superstar and one of the greatest players in National Basketball Association history, died in a helicopter crash on Sunday. He was 41 years old.Photo: Associated Press …read more […]

(Bloomberg) — India further reduced — to $3.3 billion — the amount of debt bidders for Air India Ltd. will need to absorb and eased some eligibility requirements, as Prime Minister Narendra Modi tries once again to sell the national carrier.Expressions of interest are invited by March 17, according to preliminary terms published Monday. The entire company will be sold but effective control needs to stay with Indian nationals, and bidders would need to accept a little more than a third of Air India’s debt — down from two-thirds the last time around when not a single suitor could be …read more […]