Merck beats earnings expectations, raises outlook on strong Keytruda and vaccine sales
The first-quarter results come as Merck shows substantial progress in preparing for Keytruda’s patent expiration in 2028.
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Treasury yields dip ahead of gross domestic product, inflation data
U.S. Treasury yields fell slightly on Thursday as investors looked ahead to key economic data points that could inform the path ahead for interest rates.
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Ukraine war live updates: Russian strikes hit Ukrainian critical infrastructure; UK finance minister visits Kyiv
Jeremy Hunt’s visit comes a day after U.S. President Joe Biden signed a massive Ukraine aid bill into law.
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Inflation, operating costs had the biggest impact on Asian firms last year, survey shows
Higher costs had the biggest impact on Asian businesses in 2023, even as they grappled with a global slowdown and rising interest rates, a survey by UOB showed.
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BHP makes $39 billion bid for Anglo American in mining mega play
Mining giant BHP Group on Thursday said it had made an all-share takeover offer for rival Anglo American, valuing the company at £31.1 billion ($38.9 billion).