US halts Philips ventilators order

Source: Dukascopy Bank SA
Philips, the electrical equipment maker, said on Monday that the US Health Department had cancelled its order for 43K hospital ventilators, prompting the company to trim its 2020 earnings forecast.
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Mon, 31 Aug 2020 08:57:48 GMT

European stocks open higher

On Monday, European stocks opened higher. The pan-European STOXX 600 index rose by 0.40%, while the European oil and gas sector edged higher more than 1%.

Mon, 31 Aug 2020 07:35:59 GMT

Nestle to acquire Aimmune for $2.6B

On Monday, Nestle announced it had offered $34.50 per share to acquire the remaining 74.4% of Aimmune Therapeutics, the peanut allergy treatment developer, valuing the company at $2.6B.

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