Drug With a 30-Year Monopoly Is Target of State-Level Push to Curb Prices
In a first, Colorado will cap the price of Enbrel, an arthritis drug. Using patent tactics, the drugmaker Amgen has aggressively blocked competition for it. Source link
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Sanctions on Russian oil: Top buyer Reliance planning to ‘recalibrate’ its crude sourcing, says report
As global sanctions, including the latest ones from the Trump administration against Moscow intensify, many Indian refiners are evaluating their Russian oil trade documents.Reliance Industries Ltd, top Indian buyer of Russian crude, is also in the process of “recalibrating” imports from Russia to remain consistent with government guidance.“Recalibration of Russian oil imports is ongoing and…
Financial Assistance Options for Federal Employees During the Government Shutdown
Some banks are offering a pause on payments on certain loans, waiving late fees and providing no-interest loans. Source link
No oil from Russia soon? Trump sanctions to hit India’s crude imports; ‘all but impossible for flows to continue’
Indian refiners anticipate a significant decline in Russian oil imports, potentially even reaching zero. (AI image) The Donald Trump administration’s latest move to sanction major Russian oil firms Rosneft PJSC and Lukoil PJSC will likely make it almost impossible for India to continue procuring crude from Russia. Analytics firm Kpler reports that Russian oil made…
More curbs on China? Trump admin mulls restrictions on ‘any and all critical software’: Report
Trade tensions between Washington and Beijing might rise further as the US is planning its next move against China, after the 155% tariff threat.The Trump admin is reportedly preparing a response to China’s recent rare earth export restrictions by limiting shipments of US software-powered products to Beijing, a US official told Reuters. The proposed measures…
Trump sanctions on Russia oil firms: What does US move mean for Indian refiners? Contracts being reviewed
India is the world’s third-largest oil-importing and consuming nation and it depends heavily on overseas supplies. (AI image) With the Donald Trump administration slapping sanctions on two major Russian oil firms – Rosneft and Lukoil – refiners in India are reviewing their oil contracts. State-owned refiners are reportedly examining their documents for Russian oil procurement…
Hoping to Grow in Europe, but Bogged Down by Red Tape
Start-ups are booming in the European Union, but experts say bureaucracy keeps them from expanding across borders. Source link
Asian stocks today: Markets trade in red tracking Wall Street’s losses; Nikkei down almost 800 points, Kospi sheds 1%
Stock markets in Asia struggled on Wednesday, mirroring Wall Street losses as investors weighed worries that this year’s tech-driven rally may be approaching its limits. Hong Kong’s HSI fell 22 points or 0.09% to 25,759. Nikkei traded at 48,509, shedding 797 points or 1.6%. Shanghai and Shenzhen also traded in red, down 0.66% and 0.87%,…
China’s Consumers Are in a Years-Long Funk. Will Anything Get Them to Spend?
Countries worldwide are buying more than ever from China, but domestic consumption is lagging and government stimulus efforts aren’t working. Source link
Gold & silver price prediction today: Will gold & silver rates continue to fall? Here’s what investors should know
Gold price prediction: The short-term sentiment appears slightly bearish as prices have breached key support levels, suggesting the possibility of further downside movement. (AI image) Gold and silver price prediction today: Gold and silver prices are exhibiting weakness following correction and profit booking, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group….