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Ex-President George W. Bush dips toe into U.S. trade debate

September 21, 2016 by · Leave a Comment 

By David Lawder DALLAS (Reuters) – Former U.S. President George W. Bush on Tuesday entered the debate over the Trans-Pacific Partnership, hosting a forum at his presidential library extolling his successor's Asian free trade deal. Bush, who signed several such accords during his two terms in office, met with U.S. Trade Representative Michael Froman before the event to promote the strategic benefits of the agreement. President Barack Obama is still pushing for Congress to approve the 12-country TPP following the Nov. 8 presidential election, even though both …

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Ex-President George W. Bush dips toe into U.S. trade debate

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Pfizer boosts cancer drug roster with $14 billion Medivation deal

August 22, 2016 by · Leave a Comment 

Medivation shares were up 20 percent at $80.43 in afternoon trading, just shy of the offer price of $81.50 per share. Shares of Pfizer, the largest U.S. drugmaker, were down 0.5 percent at $34.82. The offer is a 55-percent premium to Sanofi SA's initial offer to buy Medivation for $52.50 in April that pushed the San Francisco-based company to put itself up for sale.

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Pfizer boosts cancer drug roster with $14 billion Medivation deal

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U.S. clearance of ChemChina’s Syngenta deal removes key hurdle

August 22, 2016 by · Leave a Comment 

Several U.S. lawmakers and groups representing farmers had expressed fears over a Chinese state-owned company being in a position to influence the U.S. food supply. Syngenta shares jumped as much as 12.5 percent on the news and ended trading on Monday up 10.6 percent at 421.20 Swiss francs ($437.9). ChemChina's $465 per share cash offer values the company at around 448 Swiss francs per share at current exchange rates, plus a special five-franc dividend

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U.S. clearance of ChemChina’s Syngenta deal removes key hurdle

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Federal Reserve under growing pressure to reform system, goals

August 22, 2016 by · Leave a Comment 

The U.S. Federal Reserve has two guiding goals when designing monetary policy: maximum employment and stable inflation. At this year's flagship economic policy conference, from Aug. 25 to 27, U.S policymakers will confer not only with their counterparts from around the world but also host…

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Federal Reserve under growing pressure to reform system, goals

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Investor George Soros calls for reconstruction of EU after ‘Brexit’ vote

June 26, 2016 by · Leave a Comment 

(Reuters) – Billionaire investor George Soros on Saturday called for thorough reconstruction of the European Union in order to save it, even though he warned that Britain's vote to leave the bloc makes “disintegration of the EU practically irreversible.” Soros, who warned of financial meltdown if Britain voted to leave the EU before Thursday&#…

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Investor George Soros calls for reconstruction of EU after ‘Brexit’ vote