Business

LONDON (Reuters) – Britain’s AstraZeneca (AZN.L) has approached U.S. rival Gilead Sciences (GILD.O) about a possible merger to form one the world’s largest drug companies, Bloomberg News reported on Sunday, citing people familiar with the matter. FILE PHOTO: Gilead Sciences Inc pharmaceutical company is seen after they announced a Phase 3 Trial of the investigational
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FILE PHOTO: A worker wears a protective mask at the Volkswagen assembly line after VW re-starts Europe’s largest car factory after coronavirus shutdown in Wolfsburg, Germany, April 27, 2020, as the spread of the coronavirus disease (COVID-19) continues. Swen Pfoertner/File Photo BERLIN (Reuters) – Volkswagen <VOWG_p.DE > is considering more cost cuts to help cope
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WASHINGTON (Reuters) – The U.S. economy unexpectedly added jobs in May, surprising economists and analysts who had forecast millions more losing their livelihoods, and raising hopes of a faster economic recovery than expected. FILE PHOTO: People who lost their jobs wait in line to file for unemployment following an outbreak of the coronavirus disease (COVID-19),
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(Reuters) – The S&P 500 lost ground on Thursday as investors took profits in advance of Friday’s jobs report, ending a four-day rally driven by rising economic sentiment. The Nasdaq joined the S&P 500 in negative territory, while the blue-chip Dow posted a nominal gain. “We were pretty overvalued going into this week,” said Chris
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FILE PHOTO: An electric vehicle charging station of municipal utilities “Stadtwerke Ruesselsheim” is pictured at their headquarters in Ruesselsheim, Germany, May 23, 2019. REUTERS/Ralph Orlowski FRANKFURT (Reuters) – Germany’s coronavirus recovery stimulus package contains measures to boost low emission cars and electric vehicle charging infrastructure. Here are some of them: * An increase in the
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FILE PHOTO: The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, April 22, 2020 after Amazon extended the closure of its French warehouses until April 25 included, following dispute with unions over health protection measures amid the coronavirus disease (COVID-19) outbreak. REUTERS/Pascal Rossignol (Reuters) – Amazon.com Inc (AMZN.O) said
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FILE PHOTO: General view of the Danske Bank building in Copenhagen, Denmark, September 27, 2018. REUTERS/Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Denmark’s state prosecutor has dropped its investigation into whether accountant EY breached anti-money laundering laws in connection with its audit of Danske Bank (DANSKE.CO), the Danish Business Authority (DBA) said on Friday. The DBA, which
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