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Celgene to Buy Juno Therapeutics for $9 Billion

Celgene to Buy Juno Therapeutics for $9 Billion

Celgene said it agreed to buy Juno Therapeutics for $87 a share in cash, or about $9 billion, in a move that will expand Celgene’s portfolio of blood-cancer drugs.

Published 6 months ago

Number of stock indices at 3m dwarfs tally of quoted companies

Number of stock indices at 3m dwarfs tally of quoted companies

Proliferation reflects investor focus on ‘top-down’ analysis of markets

Published 1 second ago

Donald Trump and the many meanings of genius

Donald Trump and the many meanings of genius

The American president often wrongfoots opponents who underestimate him

Published 1 second ago

Germany’s SPD seeks further concessions from Merkel

Germany’s SPD seeks further concessions from Merkel

Chancellor under pressure as senior conservatives rule out renegotiation of coalition deal

Published 1 second ago

Melinda Gates hits out at Trump’s ‘alarming’ immigration views

Melinda Gates hits out at Trump’s ‘alarming’ immigration views

Co-head of Gates Foundation says cutting foreign aid is strategic mistake for US

Published 1 second ago

Egerton and TCI join top 20 performing hedge funds

Egerton and TCI join top 20 performing hedge funds

Stock pickers outperform algorithms in delivering highest returns as equities rally

Published 1 second ago

UBS Swings to Quarterly Loss After Hit From U.S. Tax Reform

UBS Swings to Quarterly Loss After Hit From U.S. Tax Reform

Charges related to the corporate tax overhaul pushed UBS into a fourth-quarter loss, making it the latest bank to take a short-term hit from the recently enacted legislation.

Published 6 months ago

Stocks Muted After U.S. Government Shutdown

Stocks Muted After U.S. Government Shutdown

Global stock markets were muted as a U.S. federal government shutdown was poised to stretch into a third day.

Published 6 months ago

Government Agencies Begin Preparing for Temporary Closure

Government Agencies Begin Preparing for Temporary Closure

The effects of a government shutdown that began Saturday will kick in more forcefully as agencies implement contingency plans to scale back operations and send workers home.

Published 6 months ago

Sanofi in $11.6bn acquisition of US biotech group Bioverativ

Sanofi in $11.6bn acquisition of US biotech group Bioverativ

Purchase of haemophilia drugmaker fulfils French group’s long quest for a deal

Published 1 second ago

Brussels faces clash with Poland over budget link to rule of law

Brussels faces clash with Poland over budget link to rule of law

Initiative seeks to ensure net beneficiary nations have independent judiciaries

Published 1 second ago

Sanofi to buy US biotech Bioverativ for $11.6bn

Sanofi to buy US biotech Bioverativ for $11.6bn

Purchase of haemophilia specialist aimed at offsetting falling sales of diabetes drug

Published 1 second ago

Marc Benioff: taking on Silicon Valley’s noxious culture

Marc Benioff: taking on Silicon Valley’s noxious culture

The Salesforce chief talks a good ethics game at Davos — but is the tech world listening?

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Hedge fund makes $1bn bet on Barclays rebound

Hedge fund makes $1bn bet on Barclays rebound

$24bn New York-based Tiger Global backs strategy of bank chief Jes Staley

Published 1 second ago

Trust in US institutions slumps during Trump’s first year

Trust in US institutions slumps during Trump’s first year

Collapsing confidence in Washington erodes faith in business and media

Published 1 second ago