Amgen Completes 27.8 bln Horizon Therapeutics Deal

Oct 6 Reuters Amgen said on Friday it had completed the 27.8 billion acquisition of Horizon Therapeutics after it received the goahead from the U.S. Federal Trade Commission FTC last month on certain conditions. Under the settlement terms with the FTC following its lawsuit to block the deal, Amgen is prevented from using anticompetitive tactics to extend the market […]
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Aviva Shares Jump 8 as Times Cites Takeover Talk

LONDON, Oct 6 Reuters Shares in Aviva shot up almost 9 on Friday, after Britain39;s Times newspaper cited talk of a possible takeover of one of the UK39;s largest insurers by a foreign buyer. Aviva declined to comment when contacted by Reuters. By 0752 GMT, shares in the company were up 8.5 at 421 pence, heading […]
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Tesla Cuts US Prices of Model 3, Model Y Cars

Oct 5 Reuters Tesla has cut prices of its Model 3 compact sedan and Model Y SUV in the U.S. by about 2.7 to 4.2 to stoke demand for its electric vehicles, days after the automaker fell short of thirdquarter deliveries estimates. The Elon Muskled company39;s shares, which have more than doubled so far this year, […]
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Sterling Ticks Higher as Trader awaits U.S. Jobs Data

LONDON, Oct 6 Reuters Sterling ticked a fraction higher against the dollar on Friday ahead of key U.S. jobs data, while traders continue to digest the possibility that the Bank of England39;s might be done with its most extensive ratehiking cycle in decades. At 0948 GMT, the pound was 0.1 higher against the dollar at […]
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US Dollar Advances after Blowout Payrolls Number

NEW YORK, Oct 6 Reuters The dollar gained on Friday after a blockbuster U.S. jobs report for September that suggested the Federal Reserve is likely to raise interest rates again this year. Data showed U.S. nonfarm payrolls increased by 336,000 jobs last month. The numbers for August were revised higher to show 227,000 jobs added instead of […]
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Pioneer Shares Jump on Merger Talks with Exxon

Oct 6 Reuters Shares of Pioneer Natural Resources rose 10 in premarket trading on Friday following reports that top U.S. oil and gas producer Exxon Mobil was in advanced talks to buy the shale producer in a deal valued at about 60 billion. A deal would be Exxon39;s biggest acquisition since its 81 billion deal for Mobil […]
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Gold Slides as Dollar, Yields Rise after Strong Jobs Data

US job growth beats expectations in September Gold down 1.7 so far this week Silver, platinum, palladium heads for weekly fall Oct 6 Reuters Gold prices fell on Friday after strong jobs data pushed the dollar and Treasury yields higher, while raising expectations that the market remains strong enough for the U.S. Federal Reserve to […]
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