Walgreens Market

Walgreens Cuts Stake in AmerisourceBergen Through $q1 Billion Share Sale

Walgreens Boots Alliance has sold some AmerisourceBergen (NYSE:ABC) Corp’s shares for proceeds of $1 billion, the U.S. drugstore chain said on Thursday, further cutting its ownership in the drug distributor, by 3% to about 17%. Walgreens, which will remain AmerisourceBergen’ largest shareholder, said it would use the proceeds to pay down debt and to fund […]

Japan Upgrades China

Japan Upgrades Q3 GDP as Global Recession, COVID Risks Linger

Japan’s economy, the world’s third-largest, shrank less than initially estimated in the third quarter, bolstering a view that it is slowly recovering from COVID-19 doldrums even as major export markets show further signs of weakening. Separate data showed the economy had recorded its first current account deficit in eight years in October, reflecting high import […]

Eknath Shinde India

Maharashtra CM Eknath Shinde Directs civic Body to Beautify Mumbai AheSad of G20 Meeting

Eknath Shinde asked Mumbai civic authorities to depute 5,000 “Swatchhta Doots” (cleanliness ambassadors) and undertake beautification of the city. Ahead of a G20 Council meeting in Mumbai, Maharashtra Chief Minister Eknath Shinde has asked the local civic body to launch a beautification drive in the city on a mission mode. Shinde asked Mumbai civic authorities […]

Gold Slumps Gold

Gold Slumps Below $1,800 as Fed Fears Resurfacea

Gold prices sank below key levels on Tuesday, with metal markets back under pressure as stronger-than-expected U.S. data boosted the dollar and ramped up uncertainty over strength in the U.S. economy and how the Federal Reserve will respond to it. The dollar rose for the first session in four on Monday, recovering from a five-month […]

ASIA FX Best Forex trader in India

Asia FX Rallies on China Reopening Fervor, Dollar Hits 5-Month Low

Most Asian currencies rose sharply on Monday as more Chinese cities relaxed some anti-COVID measures, while improving risk appetite and expectations of smaller rate hikes saw the dollar sink to an over five-month low. The yuan was the best performer for the day, rising 0.9% to 6.9628- its strongest level against the dollar since mid-September. […]