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Pfizer in Talks to Buy Cancer Drugmaker Seagen WSJ

Feb 27 Reuters Pfizer Inc is in earlystage talks to acquire cancer drugmaker Seagen Inc in what could be a multibillion dollar deal, the Wall Street Journal reported on Sunday, citing people familiar with the matter. Seagen had a market capitalization of roughly 30 billion, as of Friday39;s close. Seagen was in advanced talks to be acquired by Merck, […]
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Bajaj Auto Falls after Report on Planned Production Cuts

BENGALURU, Feb 27 Reuters Shares of India39;s Bajaj Auto sunk as much as 5.05 on Monday after a media report said the twowheeler maker is expected to take a cut of up to 25 in motorcycle and threewheeler production across its exportfocused plants next month. The stock fell to 3,655.35 rupees, its lowest since Jan. 24. Bajaj Auto […]
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Primark Owner AB Foods Raises Outlook on Consumer Resilience

Now expects 202223 profit in line with 202122 First half group sales up 16 Primark39;s first half sales up 16 Reaction to springsummer ranges very positive LONDON, Feb 27 Reuters Primark owner Associated British Foods on Monday raised its financial guidance for full year 202223, saying consumer spending had proven to be more resilient than it […]
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Turkish Economic Confidence Down Slightly in February

ISTANBUL, Feb 27 Reuters Turkey39;s economic confidence index fell 0.3 monthonmonth in February to 99.1 points, following massive earthquakes that devastated the country39;s southern region, data from the Turkish Statistical Institute showed on Monday. The index, which points to an optimistic outlook when above 100 and pessimistic when below, hit a record low in 2020 […]
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Turkish Trade Deficit Jumps 38 to 14.2 bln in January

ISTANBUL, Feb 27 Reuters Turkey39;s foreign trade deficit widened 38.4 yearonyear to 14.24 billion in January, official data showed on Monday, with imports surging 20.7 and exports up 10.3. The Turkish Statistical Institute said imports climbed to 33.61 billion in January, while exports rose to 19.37 billion. Under an economic programme unveiled in 2021, Turkey […]
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Euro Zone Lending Growth Slows Further amid Downturn

FRANKFURT, Feb 27 Reuters Bank lending to euro zone companies eased for the third straight month in January, as rising interest, an economic downturn and increased caution from lenders appear to be taking their toll, European Central Bank data showed on Monday. Lending to businesses in the 20 nation currency bloc expanded by 6.1 in […]
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