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Drug price group slashes suggested price of Pfizer COVID treatment by 80%An influential drug pricing research group has cut its suggested price range for Pfizer Inc's COVID-19 antiviral treatment Paxlovid by more than 80%, partly to reflect the decreased disease burden as the Omicron variant of the coronavirus tends to cause less severe illness.
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BHP and Oz Minerals agree on takeover dealDiversified miner BHP and copper miner Oz Minerals have entered into a scheme implementation deed (SID) under which BHP would acquire all of the shares in Oz at a price of A$28.25 each, valuing Oz Minerals at A$9.6-billion. The offer price represents a 49.3% premium to Oz Minerals closing price on August 5, when the initial proposal was made, and a 59.8% premium to the 30-day volume weighted average share price up to August 5.
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Argentina World Cup celebrations abandoned after fan jumps onto team bus'A thousand apologies on behalf of all the champion players. A shame,' said the president of the Argentinian Football Association after a victory parade ended prematurely.
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Consumer confidence jumps to eight-month high as recession worries fadeA survey of consumer confidence jumped to a eight-month high in December, reflecting a drop in gas prices and more optimism about the jobs and the economy.
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WSJ News Exclusive | AMC Held Talks About Acquiring Theaters From Bankrupt CineworldAMC held discussions regarding a potential strategic acquisition of theaters from its rival, the bankrupt Cineworld, according to a securities filing by AMC Wednesday
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Dow jumps 500 points buoyed by Nike, improved consumer confidenceUS consumer confidence rebounded in December as inflation retreated and the labor market remained strong, while 12-month inflation expectations fell to 6.7%, the lowest since September last year.
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