(Reuters) Molnupiravir, a Covid-19 antiviral pill developed by Merck and Ridgeback Biotherapeutics, has been approved by Britain’s regulator, becoming the first in the world. Britain's Medicines and Healthcare products Regulatory…
(Eurostat) Industrial producer prices rose by 2.7% in the euro area and EU in September from August. On a year over year basis, the producer prices were up by 16%…
(IHS Markit) UK Construction PMI was 54.6 in October, an increase from an eight-month low of 52.6 in September. Construction activity was curtailed by supply constraints and input inflation, although…
(IHS Markit) The Eurozone output growth in the services and manufacturing sector grew at the slowest pace in six months in October, with the output index dropping to 54.2 from…
(Novartis) Roche will buy its almost one-third voting right or 53.3 million shares in rival Novartis AG for $20.7 billion. The shares, priced at $388.99 or 356.93 Swiss francs, means…
(Federal Reserve) The Federal Reserve will begin reducing the $120 billion monthly bond purchases by $15 billion later this month following traction in economic recovery. The Federal Open Market Committee…
(EIA) US crude oil inventories rose by 3.3 million barrels in the week that ended October 29 to reach 434.1 million barrels. Refinery inputs fell by 25,000 bpd, to average…
(Census Bureau) New orders for manufactured goods in the US increased by 0.2% or $1.3 billion from August to reach $515.9 billion in September. The orders had risen by 1.0%…
(IHS Markit) US Services PMI was at a three-month high in October, with the PMI reaching 58.7, up from September’s 54.9. The improvement in service business activity in October reflected…
(CBA) The Commonwealth Bank of Australia is collaborating with Chainalysis and Gemini to enable it to become the first Australian bank to offer direct crypto services. The partnership will create…
(ADP National Employment) US private sector employment jumped by 571,000 in October from September underlining robust recoveries from slowdowns caused by the Delta variant. Large businesses contributed the highest job…
(Bloomberg) Tencent Holdings has unveiled its first chips that will be used in cloud servers, video transcoding, and artificial intelligence. The Conglomerate’s Senior Vice President Dowson Tong promised that the…