AstraZeneca shares drop on Alexion deal

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Source: Dukascopy Bank SA
On Monday, AstraZeneca's shares dropped 9% on the $39B worth deal for Alexion Pharmaceuticals, the US biotech company, marking the largest ever corporate acquisition of the British drugmaker.
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Mon, 14 Dec 2020 13:52:11 GMT

Phillips 66 downgrades 2021 spending budget

On Monday, Phillips 66, the US oil refiner, set its next year's capital budget at $1.7B, about 43% lower than estimated for the prior year, after the coronavirus pandemic hit the energy industry.

Mon, 14 Dec 2020 12:04:15 GMT

EU's Barnier sees UK trade deal possible

Michel Barnier, the EU Brexit negotiator, stated on Monday that a new trade deal with Britain was possible to seal amid the two sides trying to break their deadlocks over the pact.

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