Sliding Aussie Seen Stoking Prices as Shock-Absorber Fades
Australia’s depreciating currency, historically a boon for the world’s 12th largest economy, appears more likely to fuel inflation
2023-08-11 12:49
RBA’s Lowe Says Policy Has Now Entered ‘Calibration Phase’
Australia’s central bank chief Philip Lowe said monetary policy has now entered a “recalibration phase” under which the
2023-08-11 08:50
Australian Consumer Sentiment Slips as Price Pressures Mount
Australia’s consumer confidence slipped further into “deeply pessimistic” territory as elevated inflation combined with high interest rates intensifies
2023-08-08 09:00
Sage Tumbles as Depression Pill Approval Omits Major Disorder
Sage Therapeutics Inc. slumped in early trading after regulators granted approval to its fast-acting pill only for postpartum
2023-08-07 20:23
Astellas Pharma Secures US FDA Approval for Izervay
The US Food and Drug Administration approved Astellas Pharma Inc.’s Izervay for the treatment of age-related macular degeneration,
2023-08-05 10:29
China Drug-Price Negotiations Offers Glimpse Into Future for Companies in US
As drugmakers in the US steel for price negotiations ushered in by President Joe Biden’s Inflation Reduction Act,
2023-08-03 10:19
Global Abortion Pill Provider Buys From Manufacturer With Shoddy Quality Record
With splashy marketing campaigns and major donors like the Bill & Melinda Gates Foundation, DKT International has become
2023-08-02 03:51
A Record $90 Billion in Ship Orders Loom Over Boom-Bust Industry
The world’s biggest shipping companies are plowing their pandemic windfalls into orders for new vessels on an unprecedented
2023-07-31 13:18
US Economy Set to Show Resilience With Jobs Data
Hiring in the US probably increased at a healthy yet more moderate clip this month, representing a vote
2023-07-30 04:18
Biogen to Buy Reata for $7.3 Billion in Rare-Disease Deal
Biogen Inc. agreed to acquire Reata Pharmaceuticals Inc. for $7.3 billion, including debt, to expand its rare disease
2023-07-28 22:56
Australia’s Retail Sales Decline as Rising Rates Take Toll
Australian retail sales unexpectedly fell in June, suggesting consumers are hunkering down in response to the Reserve Bank’s
2023-07-28 11:19
Company Behind Immersive Van Gogh Exhibit Goes Bankrupt
Lighthouse Immersive Inc., the company behind an interactive Vincent van Gogh exhibition displayed across the US, has filed
2023-07-28 05:21