Jan 9 Reuters Private equity firms that deemed drug development too risky for their liking in the past are increasingly investing in the sector, raising dedicated funds and coming up with deals that compensate them for the uncertainty involved. These firms are seeking to capitalize on the growing gap between the supply of capital for […]

China dropped quarantine for visitors on Sunday Latest move in easing that has let virus run free Several nations demand COVID tests from China travellers Chinese stocks, yuan rally on growth hopes BEIJING, Jan 9 Reuters People joined long queues outside immigration offices in Beijing on Monday, eager to renew their passports after China dropped […]

ZURICH, Jan 9Reuters The Swiss National Bank posted an annual loss of 132 billion Swiss francs 143 billion in 2022, it said on Monday, the biggest in its 115year history as falling stock and fixedincome markets hit the value of its share and bond portfolio. A strengthening Swiss franc also had a negative impact. Monday39;s […]

FRANKFURT, Jan 9 Reuters Wage growth across the euro zone is expected to be very strong over the next few quarters but real wages are still likely to decline given rapid inflation, a European Central Bank Economic Bulletin article argued on Monday. A historic surge in inflation has eroded real incomes over the past two […]